Dear traders,

Jake
TOP Trader

BTC has broken above $35k and has now touched $37k, which is the monthly resistance level. It needs to hold strongly above this level for a bigger push up and bullish continuation.

ETH is making a strong push into $1900 after breaking the resistance at $1830. It now needs to maintain this strong momentum to break and close above $1900, needing to overcome big resistance.

XRP has broken through resistance and is pushing towards a new resistance point at $0.72, displaying a strong buying momentum. It continues to maintain a bullish trend and is preparing for a significant upward movement.

LINK has broken strongly, pushing up, and now needs to hold above $15 for a strong continuation. It remains strong and ready for a larger upward push.

SOL has strongly pushed up and maintained a strong position above $41, indicating a bullish continuation.

EOS made a big breakout above $0.7 and now needs to push strongly up for a full bullish breakout.

LTC has broken through a strong resistance at $70 and is now ready for a bigger price push, returning to a bullish channel.

DXY has made a strong retreat from resistance and is currently pushing down strongly towards 105, indicating a bearish continuation.

Crypto/stock daily news:

WTF IS A TOKENIZED RWA?

The concept is pretty straightforward…

You take an asset that exists in the real world, and you tokenize it on the blockchain. And everything is getting put on chain nowadays…

• Masterworks is tokenizing fine art.
• Courtyard is tokenizing Pokemon cards.
• Arcade is tokenizing luxury watches
• .Roofstock onChain is tokenizing real estate.
• PumpYourDump is tokenizing poo– (Just kidding. No one’s done this, yet).

So it’s no wonder it’s been getting all the hype.

And while other sections of DeFi have been losing total value locked (TVL), RWAs have consistently grown during the bear market.

In 2023 alone, the TVL of RWA protocols has grown from $750M to ~$5.7B.

Some big institutions are even predicting the tokenized RWA market could grow to a $10T market by 2030.

And there’s one particular RWA that’s been getting a lot of attention: tokenized treasuries.

Let’s take a deeper look.

Tokenized U.S. treasuries, bonds, and cash equivalents have gone from a $113M → a $750M market in under a year.

• Franklin Templeton tokenized over $300M of its U.S. Government Money Fund.
• Ondo Finance tokenized over $100M of its Short-Term US Government Bond Fund.
• WisdomTree tokenized $10M of its Short-Term Treasury Fund.

In other words, business is boomin’.

So, why are treasuries getting put on chain in the first place? There are a few benefits…

For investors: it offers near-instant settlements, 24/7 trading, and lower costs (i.e. there’s less paperwork, intermediaries, legal fees, etc).

Plus, it makes it easy for investors to gain exposure to U.S. treasuries – like T-bills, bonds, etc.

This is good for investors who either:

a) live outside of the U.S. but still want access to treasuries, or

b) live inside the U.S. but don’t have a brokerage account and have no idea how to get access to treasuries in the first place.

But now for the million-dollar question…

Final words:

Bitcoin dominance growing and it is blocking altcoins for bigger push up. Wait for BTC price to stop growing for bigger push in alts.

Copy trade GROW 0.1->10k$ since 18.03 we got +107.0% PROFIT!

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Not Financial Advice!

Good luck with trades!

Author

Jake
TOP Trader