My lovely people! What's up, friends! Are you ready to gossip a bit about what's happening in the crypto world? Because things are heating up with a rumor that's got everyone keeping an eye out and the greenbacks ready.
Imagine the scene: Arbitrum, that blockchain that's like the turbo of Ethereum, suddenly starts to rise like foam, up 17% in one day! 🚀 And why? Because there's a strong rumor circulating that they're going to announce a historic alliance with none other than Robinhood Markets Inc., that trading platform many of you already know!
The folks at Robinhood dropped a little gem on X (formerly Twitter) on Sunday, saying that the big boss of Ethereum, Vitalik Buterin, the head of Robinhood Crypto, Johann Kerbrat, and the strategy director of Offchain Labs (the brains behind Arbitrum), AJ Warner, were going to meet for a relaxed chat. And where do you think this gossip is going to take place? At an event that Robinhood Europe is organizing in Cannes, France! 🇫🇷 And to top it off, they are stoking the fire by saying they will drop "their biggest cryptocurrency announcements of the year" there. Wow, what a level!
But be careful, this gossip is not new. Since May, a Bloomberg report had already sparked the fire, saying that Robinhood was cooking up a blockchain platform for Europeans to buy American stocks. And guess what names were mentioned as possible partners for that move: Arbitrum and Solana! It seems this has been brewing for a while, and now it looks like things are getting serious. Eric Connor, a developer who was previously deeply involved with Ethereum, already dropped it on X: "It looks like Robinhood chose Arbitrum." Just like that! 🎤
And to show that this is not just a hallway gossip, Omar Kanji, a partner at a venture capital firm called Dragonfly, put it this way: "Pure speculation, but in my opinion, Ethereum + Arbitrum + RH only means one thing. Robinhood will announce its chain tomorrow." This guy is on it! 🤯
With all this commotion, the Arbitrum (ARB) token surged more than 17.1% in 24 hours, reaching 36 cents. It's the one that has risen the most in the cryptocurrency market in the last day! 📈 As soon as Robinhood dropped the tweet, ARB went from 31 cents to a maximum of 38.6 cents in just a few hours. Crazy!
Although the token has had a mediocre year, falling almost 50% and losing 85% of its value since its peak in January 2024, this news has given it a breather. And not just for Arbitrum, the shares of Robinhood Markets (HOOD) also went up in after-hours trading! Investors are putting their faith in the upcoming announcements. Robinhood rose 1.65% in after-hours trading, reaching $84.26.
So, my people, stay alert! It seems something big is coming in the crypto world, and Arbitrum and Robinhood could be the stars of the show. What do you think they are going to announce? Is it the new move we were waiting for? This is heating up! 🔥$ARB
