Onchain real-world assets (RWAs) are gaining traction as investors seek stable, yield-generating alternatives amid Bitcoin's recent price crab-walking and global market uncertainties. Analysts predict the total value locked (TVL) in RWAs could hit $50 billion by 2025, making it the new crypto hot tub time machine.
Florida Republican Senator Joe Gruters has introduced a bill proposing the investment of part of the state's funds in Bitcoin and other digital assets to counter rising inflation. Gruters is apparently taking a page from the "Florida Man" playbook, hoping to turn the state's coffers into a crypto casino.
Haliey Welch, widely known as the "Hawk Tuah" girl, made her first media appearance after nearly two months of silence following the launch and collapse of the HAWK memecoin. Welch claims the project manager misled her, saying the token would be "positive for the crypto space" - about as positive as a crypto winter in the Sahara.
