$ONDO Crashes 60% Amid Altcoin Bloodbath—Can Institutional Backing Halt the Slide?

Ondo Finance token plummeted 60% from its December peak despite achieving $1B in TVL and securing partnerships with Franklin Templeton, BlackRock, and PayPal. The RWA tokenization platform faced bearish pressure as the broader altcoin market contracted by 41%, with technical analysis showing rejection at key resistance zones while testing critical support levels.
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OKX Relaunches in U.S. After $505M DOJ Settlement, Unveils Bold ‘Super App’ Strategy

The OKX Launch in the United States marked a strategic pivot following the exchange’s $505M settlement with the Department of Justice. Based in San Jose, California, OKX prepared to offer Americans access to its exchange services and wallet, while developing a comprehensive crypto “super app” backed by enhanced compliance programs including robust KYC processes and advanced fraud detection systems.
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Raydium Fires Back with LaunchLab as $2.5B DEX War with Pump.fun Explodes on Solana

LaunchLab debuted as Raydium’s answer to Pump.fun’s growing influence in Solana’s decentralized exchange ecosystem. As competition between the platforms intensified, the total DEX market on Solana exceeded $2.5B in trading volume, highlighting the blockchain’s expanding role in decentralized trading despite recent volatility in the broader cryptocurrency market.
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Russian Government to Add Crypto-related Clauses to Criminal Code

The Russian government is set to add “cryptocurrency” and crypto-related terms to the country’s criminal code. Moscow thinks this will help police confiscate coins during their investigations.
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