The nascent real-world tokenized assets track prices but do not provide investors the same legal rights as holding the underlying instruments.

Tokenized equity still in regulatory grey zone — Attorneys

Tokenized real-world assets (RWAs) continue to gain traction as crypto firms 
push for clear regulations for onchain financial instruments.

Mercado Bitcoin announces tokenization of $200M in RWAs on XRPL

The Stellar Lumens token is at risk of further downside as its funding rate 
continues to decline.

XLM price at risk as Stellar Lumens’ funding rate crashes

Hip hop and rap star Drake referenced bitcoin in his newly released song amid 
his ongoing feud with fellow rapper Kendrick Lamar. The Canadian superstar 
unexpectedly dropped the track “What Did I Miss” during a July 4 Youtube 
stream titled “ICEMAN EPISODE ONE,” where he portrayed a worker on break. The 
song addresses betrayal following […]

Rap Mogul Drake Name-Drops Bitcoin in New Diss Track

Crypto analyst Ripple Pundit has boldly predicted that the XRP price can surge 
35,000%. He alluded to two things that need to happen for the altcoin to reach 
this ambitious target. Factors That Will Make XRP Price Surge 35,000% In an X 
post, Ripple Pundit stated that the XRP price will jump by over 35,000% on the 
day that Ripple makes their banking license public. He added that the SEC 
announcement of dropping its appeal will also boost the altcoin further. 
Ripple has applied for a national banking license with the Office of the 
Comptroller of the Currency (OCC). Related Reading: Can The XRP Price Rally 
1,538x To Reach $3,380? Shocking Prediction This move is expected to expand 
the crypto firm’s services, which is bullish for the XRP price, considering 
the altcoin’s role in Ripple’s payment solutions. As such, XRP is likely to 
record more adoption, especially from institutional investors, as the crypto 
firm onboard more clients through this banking license. Crypto pundit Vincent 
Van Code also agrees that a Ripple banking license could have a massive impact 
on the XRP price. He recently predicted that the altcoin could rally to 
between $30 and $50. It is also worth noting that Brad Garlinghouse declared 
his 1,000% commitment to XRP, which indicates that the altcoin remains a huge 
part of the company’s plans. Meanwhile, as Ripple Pundit predicts, an SEC 
announcement of its decision to drop its appeal in the lawsuit against Ripple 
would also boost the XRP price. Ripple has already announced its decision to 
drop its cross-appeal. All that is remaining for the long-running legal battle 
to end is for the Commission to also drop its appeal. A conclusion of the 
lawsuit would finally remove the legal uncertainty that had plagued the 
altcoin for a long while. The Next Wave For XRP Starts Here In an X post, 
crypto analyst CasiTrades declared that the next wave for the XRP price starts 
from the $2.23 level. She claimed that the altcoin has continued to show 
strength during this consolidation. The analyst added that the Ripple bank 
charter application added serious momentum at just the right time. The news 
helped push XRP above the $2.25 resistance. Related Reading: Analyst Says XRP 
Is Moving According To Plan, Here’s Why $1.90 Is Important Commenting on the 
current price action, CasiTrades stated that the XRP price is now seeing 
rejection at $2.268, which is the .382 retracement of the local wave. She 
remarked that this suggests that XRP needs another low before launching 
higher. The analyst said that based on the technical indicators, the next best 
entry is lining up at $2.235. She explained that this level is the .236 
retracement and that multiple internal subwave targets are clustering there. 
At the time of writing, the XRP price is trading at around $2.22, down in the 
last 24 hours, according to data from CoinMarketCap. Featured image from Getty 
Images, chart from Tradingview.com

Pundit Predicts XRP Price Will Surge 35,000% When These Two Things Happen

Spot Bitcoin ETFs continued their strong performance this week, with their 
cumulative inflows soaring by $769 million.