Cryptonews

The news has sent the ONDO token price soaring by 12.6%, reflecting strong investor confidence in the expanding potential of the tokenized real-world asset (RWA) sector.

As a result, the market capitalization has grown to a respectable $30.78 billion. But what’s behind this sudden growth, you ask? Well, it’s a mix of ETF optimism, Grayscale’s increased ADA allocation, and a broader altcoin rotation that’s putting high-beta assets back in focus. In other words, it’s a perfect storm of crypto madness 🌪️.

Cardano’s been doing its thing, quietly increasing in value while everyone’s distracted by Bitcoin and Ethereum. It’s like the introverted cousin at the family reunion – it’s there, it’s doing well, but nobody’s really paying attention.

On‑chain records show the total federal Bitcoin holding has scarcely moved this year. The initial 198,012 BTC figure came from criminal and civil forfeitures. When seizures become forfeitures, the assets shift into USMS custody.

Trading volume has also spiked, hitting $12.09 billion in 24 hours, reinforcing bullish sentiment as the token pushes into uncharted territory. Notable transactions include a $73 million transfer to Coinbase, along with major movements between Upbit and private wallets, according to on-chain trackers.

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Host Abdullah Nassif “Abs” issued a strong caution against selling XRP by pointing to a combination of regulatory progress and tokenization of real-world assets as signs that the current cycle may just be getting started for the XRP price. 

The current lull in the market, with reduced volatility and shifting open interest, is like a quiet moment before the storm. Despite the short-term correction, the underlying signals are whispering sweet nothings about continued bullish potential, as long as key support levels hold firm. 🌟

So, guess what? Solana [SOL] just jumped a whopping 8% this week! 🎉 And it might just be the start of something beautiful… kind of like when your favorite TV show gets an unexpected reboot (and you’re left wondering why they didn’t just let it die gracefully).

In a press release, the Federal Reserve, Office of the Comptroller of the Currency (OCC), and Federal Deposit Insurance Corporation (FDIC) noted that existing laws, regulations, and risk-management principles also apply to crypto custody. Ripple has applied for a banking license, and if successful, it would be regulated by the OCC. As such, this guidance is one that the crypto firm should pay attention to. 🤔