BTC - what's going on? BITCOIN is trending lower on the | Alex_timsi on Binance Square

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Bullish

BTC - what's going on?
BITCOIN is trending lower on the local timeframe. Those holding long positions will likely be taken out of the market after the sell-off, and then the price will be pushed higher. 📈
Look for long positions in the $98-99k range.
$ZRO 
ZROUSDT
Perp
1.3986
+0.09%
$FIL 
FILUSDT
Perp
1.47
-2.06%
$YFI 
YFIUSDT
Perp
3,612
-3.18%

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Messari has released an analytical report on the growth of real-world assets (RWAs) on Injective. The platform is demonstrating steady growth in the on-chain finance segment, from tokenized shares to specialized markets preparing for initial public offerings. Injective is strengthening its position as a next-generation infrastructure for institutional and retail access to real-world financial instruments in a decentralized environment. Messari has released an analytical report on the growth of real-world assets (RWAs) on Injective. For a more detailed analysis, read Messari's report. @Injective #injective $INJ

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@Injective $INJ INJ Next-Generation Open Financial Markets Architecture #injective Protocol is a specialized Layer-1 blockchain built for decentralized financial applications and derivatives. Its native token, INJ, underpins the entire ecosystem, fulfilling three key functions: 1. Governance voting INJ holders participate in network development decisions through a decentralized governance organization (DAO). 2. Staking and network security the token is used for delegation to validators, ensuring the security and stability of consensus. 3. Deflationary model a portion of trading fees is burned, creating sustainable demand for INJ and potentially reducing its total supply. Injective features deep integration with interoperable networks, support for cross-chain liquidity, and an architecture optimized for high-frequency trading without gas fees. Unlike general-purpose blockchains, Injective focuses exclusively on DeFi, making its infrastructure more efficient and scalable for financial applications. For those who envision a future of fully open, trustless, and global finance, INJ is not just a token, but a key to a new level of financial inclusion and innovation.

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👋The Trump family just purchased another 139 BTC through American Bitcoin, worth approximately $13.9 million. Their total balance now stands at 4,004 BTC, valued at approximately $401.6 million. $BTC #FOMCWatch #ADPJobsSurge $ETH $SOL

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Bitcoin is being mined in Ethiopia at 80% less than its price. Ethiopia has become a new hotspot for Bitcoin mining thanks to its record-low production costs - just $20,000 per BTC, compared to a price over $100,000. This makes mining here one of the most profitable in the world. By selling excess hydropower at $0.032 per kWh, Ethiopia has already earned over $220 million, which the government will use to develop its power grid. Amid tightening conditions in the US and China, more and more foreign companies are moving their farms to Ethiopia, where cheap energy and government support make mining a highly profitable business. $RESOLV $FIL $KITE

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💰 Justin Sun withdrew $154.5 million in ETH (45,000 ETH) from AAVE and staked it on Lido. Currently, his public wallets hold $534 million in ETH, which is $15 million more than his TRX holdings of $519 million. $LDO $ETH $AAVE

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