Author: Bpay News
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Governance Vote Approval
The proposal to slash INJ token supply was approved with 99.89% support from the community.Supply Squeeze Proposal (IIP-617)
The proposal reduces INJ issuance and maintains the buyback-and-burn program to remove tokens from circulation.
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Current Price
$0.37, down 4% in the past 24 hours
Supply Wall Resistance
Near $0.40, limiting upward movement
Technical Indicators
RSI below neutral, bearish ADX and MACD indicating downside pressure
Market Trends
Broader bearish trends affecting major cryptocurrencies like Bitcoin and Ethereum
Potential Downside
Risk of decline to $0.32 if unable to reclaim $0.40
Summary
The Cardano price is currently facing critical challenges, notably with a supply wall near $0.40 that has been a significant barrier to recovery.As technical indicators suggest continued bearish momentum, ADA holders should remain cautious, as the likelihood of a further decline to $0.32 increases if the $0.40 level cannot be recaptured.
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Militarily Control by the U.S.Finnish President Stubb doubts the U.S.
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Potential of Bitcoin as a Liferaft
Experts suggest Bitcoin could thrive amidst chaos triggered by alien disclosure.Contingency Planning
Former Bank of England analyst urges preparation for potential UAP disclosure.
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SUI Price Crash Percentage
13% drop
Current SUI Price
$1.55
Bitcoin Price Movement
Dropped below $93,000
Market Sentiment
Risk-off sentiment leading to capital exodus
Geopolitical Factors
Tariff threats by the US on European countries
Technical Analysis
Breach of 50-day moving average, oversold RSI
Future Predictions
Need to reclaim $1.65 to avoid slide to $1.40
Potential Recovery Conditions
Bitcoin stabilization could lead SUI to $2
Summary
The Sui price crash highlights the vulnerability of cryptocurrencies amid geopolitical tensions and market uncertainties.As Sui price crashes 13% due to tariff jitters, the broader impact on global markets has been significant, particularly with Bitcoin also retreating below key support levels.
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Helios Verified RPC
Transforms untrusted RPC into verifiably safe local RPCs, enabling faster sync and local verification.Kohaku Initiative
Aims to integrate protocol research into default wallet settings, focusing on reducing trust.
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BTC Futures Premium
Remained around 5%, indicating stable leverage demand despite unsuccessful attempts to break $98,000.ETF Outflows
ETFs saw $395 million in outflows, reducing Bitcoin’s appeal as a hedge against inflation as gold rises.
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Gary Gensler’s Resignation
One year ago, Gensler resigned as SEC chair during Trump’s inauguration, criticized for his digital asset regulation.Shift in SEC Leadership
Mark Uyeda was appointed as acting chair by Trump, leading to a reversal of Gensler’s policies.
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Location
Purpose
Coordination
19th local time
North American Aerospace Defense Command (NORAD)
Pituffik Space Base, Greenland
Support long-planned NORAD operations
Coordinated with Danish authorities; Greenland informed
Summary
NORAD operations signify a vital component of North American defense, ensuring the security and cooperation of the United States, Canada, and Denmark.Recently, the North American Aerospace Defense Command has actively engaged in reinforcing its presence in Greenland, signaling its commitment to long-term strategic operations.
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Mainnet Staking Feature
Zama’s mainnet staking is now live.Purpose of ZAMA Token
Used for transaction fees and staking rewards.