Injective (INJ) surged 14% in the last 24 hours, showing strength as investors accumulate the asset. However, the perpetual market long-to-short ratio indicates only a slight edge for long traders, with long volume steadily declining due to increasing selling pressure. Major exchanges like Binance, LBank, and Bybit show sellers dominating over half of the volume, suggesting growing bearish sentiment. The Open Interest-weighted funding rate remains nearly flat, signaling market indecision and placing INJ at a crossroads, warranting cautious trading ahead.
Injective Institutional Services has received official transfer agent registration from the U.S. Securities and Exchange Commission, allowing it to maintain securities ownership records directly on blockchain networks. This regulatory milestone enabl...
Injective's affiliate, Injective Institutional Services, has become a U.S. SEC-registered transfer agent, enabling it to maintain official securities ownership records and process ownership changes on its Layer 1 blockchain network. This registration...
Cryptocurrency markets are experiencing significant gains, with Bitcoin reaching approximately $69,183, up 7.9%, and Ethereum surging 19.3% to $2,259.15. Other notable increases include Ripple (XRP) up 12.7%, Solana (SOL) up 12.5%, and Binance Coin (...
