Total number of oil rigs in the United States as of the week ending May 16

Realio Network token RIO has risen by 108% in the past week, ONDO has doubled in a week, and BlackRock's entry has once again ignited the RWA track RWA protocol ondo finance token ONDO broke above $0.9 and is currently trading at $0.93, up 29% in 24 hours. In addition to ONDO, other RWA protocol tokens also saw impressive gains. Recently, RWA track protocol tokens have risen, and many project tokens have continued to hit record highs. Among them, the Ondo Finance token ONDO broke through $0.9 and is now trading at $0.9050, up 22.96% in 24 hours. In the past week, ONDO has risen by more than 110%. Ondo Finance, a Web3 services company that creates and manages institutional-grade financial products, including U.S. Treasuries and money market funds, around which Ondo has built DeFi protocols that have met the yield needs of organizations, DAOs, and high-net-worth individuals. Founded in 2021 by Nathan Allman, Ondo Finance has raised $24 million to date from investors including Pantera Capital, Founders Fund, Coinbase Ventures, and Tiger Global. Team members have extensive backgrounds in various institutions and protocols such as Goldman Sachs, Fortress, Bridgewater, and MakerDAO. Realio Network token, RIO, a Layer1 network that focuses on the issuance and management of RWA, also followed suit, rising 108% in the past week. Real estate token investment marketplace Propchain Token PROPC has gone up 61.9% over the past week and 29.1% over 24 hours. Why has the RWA track been able to attract money so quickly in the near future? The community believes that it has something to do with the tokenized fund BUIDL launched by BlackRock last week. On March 21, BlackRock launched its first tokenized fund to be issued on a public blockchain, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). BUIDL will subscribe to the fund through Securitize Markets, LLC, providing accredited investors with the opportunity to earn gains in U.S. dollars. BlackRock pays daily accrued dividends directly into investors' wallets as new tokens. The fund invests 100% of its total assets in cash, U.S. Treasuries, and repurchase agreements, allowing investors to earn yield while holding tokens on the blockchain. Securitize, a digital asset securities company focusing on RWA and a large business scale, obtained SEC transfer agent registration in 2019 and received a $48 million financing round co-led by blockchain capital and Morgan Stanley Investment Management's tactical value in 2021. In 2022, Securitize provided a tokenized investment fund for KKR funds in the United States, and last year, Securitize announced that it would provide tokenization services to asset manager Hamilton Lane's private credit fund. Therefore, the partnership with Securitize has undoubtedly reaffirmed BlackRock's bullish attitude towards the RWA track. As a Wall Street giant representing traditional finance, BlackRock's Bitcoin ETF holdings have reached $15 billion, and entering RWA is an important strategic move for BlackRock to embrace digital assets after ETFs, and it has also become an important thrust for the RWA track in the crypto field. RWA is a fungible or non-fungible token that represents traditional financial assets on the blockchain. RWA can represent both tangible assets, such as real estate, and intangible assets, such as government bonds and carbon credits. RWA covers almost all real-world assets that can play a critical role, such as: commodities, real estate, Treasuries, insurance. BlackRock recently launched its first tokenized asset fund, BUIDL, on the Ethereum network. Financial institutions have invested a lot of money in tokenization, which is good for the entire crypto market. At BlackRock and C.o.i.n.b. A.. s.. With the joint efforts of e., the field of RWA may change completely. RWA has become the second most popular narrative in this cycle after Solana Memecoin. Projections suggest that the market size of RWA could reach $10 trillion by 2030. There is no doubt that the RWA sector has great potential and can be fully unleashed in 2024-2025. (Source: Sherl, ardizor, Felix)

$kas has a strong sense of hip thrust, when is ath? How to value Kaspa and Monad?

Is the Bitcoin price downward thrust over or is the bear market not over yet? The price of Bitcoin began to fall sharply, falling below $70,000. Bitcoin has gained bearish momentum due to rising tensions between Israel and Iran. The price dropped sharply to below $66,000 and $65,000. The price fell by more than 10% and even tested the $60,500 support level. A low was formed near $60,495 and the price is currently trying to recover the wave. It climbed above $62,500 and $63,000. Falling from a swing high of $23.6 to a low of $71,200, the price broke above the 60,495% Fibonacci retracement level. Bitcoin is currently trading below $67,000 and the 100-hour simple moving average. The immediate resistance is located near $65,800. A key ascending channel has also formed on the hourly chart of the BTC/USD pair with resistance at $65,850. It is close to the 50% Fib retracement level of the downward movement from the $71,200 swing high to the $60,495 low. The first major resistance level is likely to be $66,000. The next resistance level is now $68,000 and the 100-hour simple moving average. If the $68,000 resistance zone is clearly breached, the price may continue to rise. In the above scenario, the price may rise to $70,000. The next major resistance is near the $71,200 area. If Bitcoin rises further, it could push Bitcoin towards the $72,500 resistance zone in the near term. If Bitcoin fails to break above the $66,850 resistance, it could start another decline. The immediate support for the downside is near the $64,500 level. The first major support level is $63,000. If the closing price is below $63,000, the price may start to decline towards the $62,000 level. Any more losses could cause the price to rise to the $60,500 support zone in the short term. Technical indicator: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major support level – $64,500, followed by $63,000. Major resistance levels – $65,850, $66,000 and $68,000. Crypto data tracker Whale Alert reported that "$5,000 worth of 351,342,888 BTC was transferred from one unknown wallet to another." "The transaction involved a Bitcoin whale (a term used to describe a holder of a large number of cryptocurrencies) who transferred large sums of money to another whale's wallet. With the crypto community closely watching, the real motive behind this transfer remains a mystery. Whether this is a prelude to a larger market development, a purely routine transfer, or an over-the-counter transaction that takes place outside of crypto exchanges remains to be determined. (Source: Aayush Jindal)

#Content Star# [XRP price fell below $0.7, seems to be losing momentum] From the evidence available 👉 XRP seems to be headed towards $0.56 in the next few weeks, especially 👉 if Bitcoin also falls below the $ 28,000 mark. XRP has shown when it fell below the $0.7 support level 👉meaning that the bearish sentiment is strengthening. The higher time frame outlook remains bullish, but a move towards the next support at $0.56 is likely in the upcoming August. Just came across a recent related report which highlighted a surge in XRP whale accumulation and support at $0.7 has been breached. 📌This does not bode well for the bulls and hints at further retrogrades. The early-July vertical saw a deeper pullback following BTC weakness. The XRP rocket is losing thrust as the price falls below $0.7. [What will happen next? 】 The RSI is falling towards the neutral mark of 50, but at press time it was reading 55, which means that the bulls are hoping for a rebound. OBV has risen above significant levels since late May after slipping over the past week. This highlights strong selling pressure in the short term. 📌If OBV falls further, it will be another sign that XRP will pull back sharply to the $0.56 area. 🔴In addition, there is another important display 👉Network growth cannot keep up with the explosive rally, and open interest has taken a hit.

Thrust Analysis of Institutional Approach Narratives.