Bitcoin is holding above $92,000, but spot ETF outflows and rising geopolitical tensions threaten to weaken the resistance. Will traders pile into the dip? Key takeaways: The BTC futures premium held near 5%, showing leverage demand was not impacted after the failed $98,000 breakout attempt. Bitcoin ETFs saw $395 million in outflows as gold hit new records, weakening hedge appeal and pushing traders to price downside risk. Read more
Approved with 99.89% support, the proposal updates issuance and buyback parameters that govern how INJ is removed from circulation over time. Injective’s protocol community approved a major tokenomics overhaul on Monday, passing a governance proposal with 99.89% support based on staked voting power. Injective is a layer-1 blockchain focused on decentralized finance applications, with INJ (INJ) serving as its native token for staking, governance and transaction fees. The Supply Squeeze proposal (IIP-617) reduces its native token issuance and maintains the network’s buyback-and-burn program, which uses protocol-generated revenue to permanently remove tokens from circulation. Read more