The Injective protocol is in the news today after it announced the roll-out of its first exchange traded product (ETP) dubbed AINJ...
is in the news today after it announced the roll-out of its first exchange traded product dubbed AINJ. This ETP will be issued by 21Shares. This is a development that could be the start of a major trend, one that provides blockchain and crypto exposure to investors in traditional finance., the development marks an important milestone for Injective in its plan for integration with traditional financial markets.
However, a look at INJ’s price action revealed that the announcement may not have had a significant impact on its price. It was valued at $26.85, at the time of writing, after encountering some resistance within the same price range. This is a sign of a slowdown in demand, one compared to what we saw following its recent recovery from its monthly lows.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Injective: Why INJ’s latest surge is not enough for a rallyINJ has surged by 3.68% in the last 24 hrs. The current price increase lacks a strong upward momentum for a bullish trend.
Read more »
AI Cryptos on Fire: INJ, RNDR, NEAR and CYBRO Are Gaining MomentumThe crypto market is calm and poised for a surge. Altcoins remain at low prices, ready to explode at any moment. The focus now shifts to...
Read more »
NEAR Protocol achieves RWA milestone, rolls out first ETPNEAR protocol makes a step in the right direction in the RWAs narrative, highlights its efforts in AI and the DePIN sector.
Read more »
World Leaders React After Trump Injured in Shooting at RallyWorld leaders condemned political violence and wished Donald Trump a speedy recovery after a shooting at a rally on Saturday wounded the former president and killed at least one attendee.
Read more »
Stock market open: Indexes react to cooling June inflationUS stock market averages (^DJI, ^IXIC, ^GSPC) initially open Thursday's trading in the green on the back of cooling inflation in the month of June. The...
Read more »
Canadian politicians, pundits react to assassination attempt on TrumpThe Hill Times
Read more »