Injective's Price Surges Over 12% Following Governance Proposal Approval
Injective (INJ) has seen a significant price increase of over 12% following the approval of the IIP-619 governance proposal, which enhances its MultiVM EVM architecture. According to NS3.AI, this development has coincided with Pineapple Financial (DAT) acquiring 7% of INJ's total supply, indicating a resurgence of institutional interest. Despite these positive trends and consistent on-chain activity, INJ's price remains more than 90% below its all-time high, as it continues to face challenges from the broader altcoin market sentiment.
ON-CHAIN SIGNAL: MicroStrategy Aggressively Defends $BTC with $168M Buy
MicroStrategy (MSTR) continues its relentless accumulation strategy, sweeping another 2,486 $BTC off the market for $168.4M. This brings their massive institutional treasury to a staggering 717,131 Bitcoin.
**The Critical Alpha:** * **Cost Basis:** Their average entry is now $76,027. * **Market Reality:** With $BTC trading around $68,000, MSTR is holding through ~$5.7B in unrealized losses. * **Supply Shock:** By utilizing $90.5M in stock issuance to fund these buys, they are removing liquid supply from the order books rather than capitulating.
This is a textbook definition of high-conviction accumulation. While retail panics, whales and institutions are actively buying the dip and securing market share.
Bitcoin dropped below the $67,000 threshold following the release of Federal Reserve January meeting minutes. The minutes revealed officials maintain a hawkish stance on interest rates due to persistent inflation concerns. Expectations for a March rate cut diminished as policymakers signaled a need for more evidence of cooling prices. Bitcoin fell 2.4% within two hours of the announcement, reaching a daily low of $66,850. The broader cryptocurrency market tracked the decline with Ethereum and Solana losing over 3% respectively
The Goldman Sachs flip is officially complete. David Solomon owning BTC changes the game for institutional credibility. Chainscandaily called this shift months ago.
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Goldman Sachs CEO David Solomon revealed personal Bitcoin ownership during a Bloomberg interview. Solomon characterized Bitcoin as a legitimate store of value and a significant financial innovation. The CEO noted his personal investment reflects a broader shift in institutional perspective toward digital assets. Goldman Sachs continues to expand its crypto-linked services, including digital asset custody and trading. This disclosure marks the first time the head of the global investment bank has confirmed private BTC holdings.
The Goldman Sachs flip is officially complete. David Solomon owning BTC changes the game for institutional credibility. Chainscandaily called this shift months ago.
Goldman Sachs CEO David Solomon revealed personal Bitcoin ownership during a Bloomberg interview. Solomon characterized Bitcoin as a legitimate store of value and a significant financial innovation. The CEO noted his personal investment reflects a broader shift in institutional perspective toward digital assets. Goldman Sachs continues to expand its crypto-linked services, including digital asset custody and trading. This disclosure marks the first time the head of the global investment bank has confirmed private BTC holdings.
Goldman Sachs CEO David Solomon revealed personal Bitcoin ownership during a Bloomberg interview. Solomon characterized Bitcoin as a legitimate store of value and a significant financial innovation. The CEO noted his personal investment reflects a broader shift in institutional perspective toward digital assets. Goldman Sachs continues to expand its crypto-linked services, including digital asset custody and trading. This disclosure marks the first time the head of the global investment bank has confirmed private BTC holdings.
Si estás pensando a comprar dólares en el Banco de Venezuela y depender de eso para cubrir gastos operativos o de suma importancia. No lo hagas, actualmente he probado la tarjeta en las siguientes plataformas y no funciono:
- Adobe Creative Cloud Pro. (Rechazada) - Amazon. (Rechazada) - Apple App Store, iCloud, Apple TV. (Rechazada) - Google Play. (Rechazada) - PayPal. (Rechazada y te cobra 2$ por el intento) - CorelDRAW y su Suite. (Rechazada) - Meta Bussines. (Rechazada)
Como medida al bloqueo a esas plataformas intente pasarlo a las billeteras y el resultado fue el mismo:
- Zinli. (Rechazada y te cobra 2$ por el intento). - Wally Tech. (Rechazada).
Conclusión: Hay excepciones a algunos clientes que pueden usar la tarjeta y le funciona, pero hay otro gran número a que no les funciona. Muy probablemente por falta de liquidez del banco a nivel de divisas o por el sistema que no está en condiciones para la alta demanda de transacciones.
Por ahora, el Banco de Venezuela tiene expectativas muy alta para lo que verdaderamente está entregando a sus clientes.
Hyperliquid Launches $29M DeFi Policy Center Led by Jake Chervinsky Description: Decentralized exchange Hyperliquid commits 1M HYPE tokens to fund a new D.C. lobbying arm. The group will focus on perpetual futures regulation and blockchain infrastructure as Hyperliquid's monthly volume tops $250B.
While Bitcoin fell 23%, Abu Dhabi’s sovereign funds were buying more. Mubadala and ADIC now hold $1B+ in BlackRock's ETF, signaling a massive shift in institutional adoption.
Bitcoin fell to $67,746.6 on Wednesday, reflecting investor caution ahead of key U.S. economic data and Federal Reserve minutes. Strategy Inc disclosed the purchase of 2,486 Bitcoin for $168.4 million, bringing its total stockpile to 717,131 coins. Investors remain wary as Bitcoin has dropped nearly 50% from its October record high of over $126,000. Market focus is on the upcoming PCE price index and industrial production data to gauge future interest rate movements. Concerns persist regarding Strategy Inc’s debt obligations and equity dilution amid sustained downward price pressure.