nothing major but it’s still progress for the FED, most likely the market will be pushing for more dovish expectations with this
US Govt Sold 9,800 BTC on March 14, Intends to Sell a Further 41,500 BTC Connected to Silk Road in Four Batches Over the Course of the Year: Court Filing
This incident/activity shows that decentralized systems (DAO's) are not immune to corruption and abuse, and underscore the importance of transparency, accountability, and community participation
If the team is skilled and capable enough, they should provide clarifications that could indicate a local bottom in $ARB above $1.16. Otherwise, if they continue to be non-active with recent DAO activities and continue selling, it could lead to further price weakness and inner governance weakness of the DAO..
read forum update for detailed clarity ;
https://forum.arbitrum.foundation/t/clarity-around-the-ratification-of-aip-1/12864/15
https://forum.arbitrum.foundation/t/clarity-around-the-ratification-of-aip-1/12864/15
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April Token Unlocks Focus:
Mainly $LDO, $RUNE, $CTSI, and $MC will have their last venture capital (VC) unlocks this month.
$LDO has already unlocked 86% of its supply, and with the final VC unlock this month, the token may see fresh inflows and less selling pressure going forward.
Additionally, $AXS, $SFP, and $AXL tokens are expected to have medium-sized unlocks this month. Check out the complete opportunity set dashboard screenshot attached!
Mainly $LDO, $RUNE, $CTSI, and $MC will have their last venture capital (VC) unlocks this month.
$LDO has already unlocked 86% of its supply, and with the final VC unlock this month, the token may see fresh inflows and less selling pressure going forward.
Additionally, $AXS, $SFP, and $AXL tokens are expected to have medium-sized unlocks this month. Check out the complete opportunity set dashboard screenshot attached!