Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
RWA
IOTA News Rumors: Major 9-Figure RWA Project Set to Launch on IOTA Next Month, Reveals Insider
Discussions with IOTA developers suggest that a significant company is preparing to launch a real-world asset (RWA) initiative valued at over USD 100 million. Jeff Riseden elaborated on the relationship between real-world asset (RWA) values and the purchase of IOTA tokens. In a recent update shared by Jeff Riseden, a prominent figure in the IOTA community, exciting news has surfaced regarding a potential groundbreaking project. According to Riseden, discussions with key developers indicate that a significant company is gearing up…
1 year ago
LAKE (LAK3) to Highlight RWA Blockchain Innovations for Water at Consensus 2024
Austin, TX, USA, May 29th, 2024, Chainwire LAKE (LAK3), a pioneering Web3 ecosystem dedicated to transforming the global water economy through blockchain technology and the LAK3 token, is excited to announce its participation in Consensus 2024, taking place from May 29 to 31 in Austin, Texas. Ahad Ali, LAKE's Director of Communications, will be a featured speaker at the event, highlighting the role of blockchain in the future of water. Consensus 2024 is one of the most anticipated blockchain and…
1 year ago
All Hail ONDO, RWA King! Top Trader Predicts $2.35 Price Target
The post All Hail ONDO, RWA King! Top Trader Predicts $2.35 Price Target appeared first on Coinpedia Fintech News The crypto world erupted in excitement after the Securities and Exchange Commission (SEC) gave the green light to eight Ethereum spot exchange-traded funds (ETFs). Among the big winners was ONDO, a pioneering player in Real World Assets (RWA) crypto. Before the SEC’s announcement, ONDO was valued at $0.92, but within just 24 hours, it surged to $1.22, marking an impressive 13.26%…
1 year ago
IOTAEVM Launch Imminent: A Game-Changer for IOTA and RWA Tokenization
LayerZero’s ongoing deployment of contracts on the IOTAEVM chain signifies significant progress towards this imminent release. TokenySolutions’ involvement in deploying their smart contracts on the IOTAEVM chain marks a significant milestone for IOTA. In an update from IOTA analyst ID.iota, anticipation is mounting within the IOTA community as the IOTAEVM launch draws near. The release shall happen within the next two weeks, signaling significant developments on the horizon. According to ID.iota, LayerZero is currently in the process of deploying its…
1 year ago
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RWAPlume Network, a RWA Layer-2, Raises $10M in Seed Funding from Haun Ventures, Galaxy Ventures, and Others
San Francisco, CA, USA, May 23rd, 2024, Chainwire Plume has already seen more than 80 RWA projects spanning collectibles, alternative assets, synthetics, luxury goods, real estate, DeFi and more all building on the network in testnet alone. Plume, the first modular EVM Layer-2 built to bring any real-world asset (RWA) on-chain, announces its $10M seed round led by Haun Ventures with participation from Galaxy Ventures, Superscrypt, A Capital, SV Angel, Portal Ventures, Reciprocal Ventures, and others. Notable angels include founders…
1 year ago
LAKE (LAK3) to Showcase Blockchain and RWA Solutions for Global Water Economy at London Blockchain Conference
Geneva, Switzerland, May 21st, 2024, Chainwire LAKE (LAK3), a pioneering Web3 ecosystem dedicated to transforming the global water economy through blockchain technology, Real World Assets (RWA) and the LAK3 token, is excited to announce its participation and sponsorship of the London Blockchain Conference, taking place from May 21 to 23. Ahad Ali, LAKE's Director of Communications, will be a featured speaker at the event, highlighting the role of blockchain and RWA in the future of water. The London Blockchain Conference…
1 year ago
Top 10 RWA Cryptocurrencies by Development Activity: Details
TL;DR The leading token in the real-world asset (RWA) category shows higher development activity compared to its rivals. Despite a recent dip in value, analysts are optimistic about a potential significant price rally for this asset in the near future. This is the Winner Real-world assets (RWA) represent certain physical assets, such as objects, properties, and others, and function on the blockchain through smart contracts. They have become quite popular lately, with a market capitalization equal to billions of dollars.…
1 year ago
AI, RWA, and Gaming Tokens to Stack Right Now
The post AI, RWA, and Gaming Tokens to Stack Right Now appeared first on Coinpedia Fintech News Analyst Altcoin Buzz stressed that narratives matter in cryptocurrency, especially when some assets like Bitcoin and Solana are rising while others are not moving much. Narratives serve as big clues about how people feel about the market. The analyst explained the importance of narratives across four favorite cryptocurrency sectors: AI (Artificial Intelligence), gaming, real-world assets (RWAs), and decentralized private networks (DPIN). Growth of…
1 year ago
RWA in Focus: MAS Regulated Digital Asset Custodian, Propine Introduces Support for Fathom Dollar $FXD Stablecoin on XDC Network
[PRESS RELEASE – Singapore, Singapore, May 2nd, 2024] MAS-regulated custodian Propine is announcing its support for Fathom Dollar’s FXD, a stablecoin pegged to the US dollar and designed to bridge the $5 trillion trade finance gap. This development positions FXD at the forefront of real-world assets (RWA), leveraging the power of blockchain to enhance global trade finance operations. Propine, licensed by the Monetary Authority of Singapore, is a prominent digital asset custodian serving large institutional clients. FXD is a stable-price…
1 year ago