Injective price could rise 10% before shorts have a field day
Injective (INJ) price is trading with a bullish bias, outperforming many cryptocurrencies, including Bitcoin (BTC). The rally could continue but it all depends on how bulls play their hand. Meanwhile, experts advise that now could be the ideal time to invest in altcoins with the countdown to the Bitcoin halving continues.
Monetary Authority of Singapore releases details of high-profile actions against errant crypto firms
Singapore’s central bank, Monetary Authority of Singapore (MAS), has issued its fourth enforcement report, outlining actions taken against firms like Three Arrows Capital, which did not have a management framework to identify, monitor and address cryptocurrency and digital asset investment risks.
Optimism, an Ethereum Layer 2 blockchain powered by OP, has started to distribute its token to eligible wallet addresses in the third round of its airdrop. The Layer 2 chain said late Monday via its official X account that there is no claims page, meaningthat eligible users will receive their share of OP tokens directly to their wallets.
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