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Arbitrum has set its sights on web3 gaming, with the project’s community backing a proposal to allocate 200 million ARB over three years to incentivize GameFi development.

Caitlyn Jenner has climbed aboard the crypto bandwagon, with the celebrity’s social media heavily promoting JENNER, a token deployed via the Pump.fun launchpad. While many onlookers questioned whether JENNER resulted from a social media hack, others believe the token was concocted by a shady “middleman” alongside the Jenner camp.

Plus, Manta’s CeDeFi product attracts $120 million in debut week, real-world assets rally post Ether ETF approval, and analysts tip ETH could rally to $6,000 amid ETF hype.

✍️ In today’s newsletter:

Arbitrum’s 200M ARB gaming incentive program
Caitlyn Jenner raises eyebrows with token launch
Manta CeDeFi garners $120M TVL
Real-world asset protocols bolstered by ETF approval
Traders anticipate new all-time highs for ETH

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	Ticker	Value	24h

Ticker	Value	24h
Bitcoin	$69,122	-1.52 %
Ethereum	$3,742	-1.32 %
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🕹️ Arbitrum Community Backs 200M ARB Plan To Attract Web3 Game Builders

Arbitrum’s Gaming Catalyst Program is garnering early support from the project’s community. The proposal would allocate 200 million ARB ($250 million) to attract and support developers building web3 gaming titles and infrastructure.

🪙 Caitlyn Jenner Promotes Crypto Token, Denies Account Hack

Caitlyn Jenner is promoting a token called JENNER on social media, with the token garnering more than $28 million in volume over 90 minutes. While some onlookers questioned whether JENNER was created by social media exploiters, others believe the asset is the product of a middleman responsible for multiple influencer rug-pulls working alongside Jenner’s management.

💰 Manta CeDeFi Crossed $100M In TVL After One Week

Manta’s new CeDeFi protocol has attracted more than $120 million just one week after its launch. Early adopters are racing to pile assets into Manta CeDeFi to qualify for a two-month airdrop before its $500 million eligibility cut-off is breached.

👀 Investors Look to Blackrock’s Next Target: Real World Assets

Top real-world asset protocols are rallying after the SEC’s spot Ether ETF approval. ONDO is up 34% in the past week, while TRAC is up 12%, and TRU gained 30%.

📈 Analysts Predict ETH Price Will Shoot to at Least $6,000 Following ETF Approval

Analysts are tipping that ETH will soon break into new all-time highs after Ether ETF applicants’ 19b-4 filings were approved by regulators. MN Trading’s Michael Van de Poppe predicts ETH will trade between $5,500 and $6,500 in the coming months, while Standard Chartered anticipates $8,000 Ether by 2025.