SCOOPIST

Tokenized Assets Surge 10% Hitting $22B in 30 Days

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Tokenized real-world assets (RWAs) have surged 10.07%, hitting $22B, with a 5.5% increase in holders over the past 30 days.

The interaction of traditional finance and blockchain technology is steadily evolving. Over the past 30 days, tokenized real-world assets (RWAs) have seen substantial growth as institutions leverage the power of blockchains in a shift towards the digital economy. According to on-chain data by rwa.xyz, total asset holders have increased by 5,487 (5.5%), reaching nearly 100k. As a result, the market has grown 10.07%, hitting $22.04 billion in just 30 days.

The tokenized RWAs market has 189 issuers so far, signalling a heightened fusion of crypto and traditional assets. Private credit leads the rally with $12.9 B, followed by tokenized U.S treasuries and equities. The market has $231 B in stablecoins as institutional demand for on-chain assets rises.

The growth in the tokenized RWAs market over just 30 days suggests a spike in Blockchain technology adoption in mainstream finance. Market analysts have predicted that the tokenized RWAs could hit $19 trillion by 2033.

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Michael Saylor Expands Bitcoin Holdings with 1.8K Bitcoin Purchase

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Strategy boosts Bitcoin holdings with a $180 million acquisition of 1,895 BTC, reinforcing its long-term bullish stance.

Michael Saylor’s company, Strategy (previously MicroStrategy), has added to its digital asset holdings. Regulatory filings show that between April 28 and May 4, Strategy bought 1,895 BTC for about $180.3 million.

This purchase was fully funded by selling common and preferred shares as part of its ongoing capital-raising efforts. The average price paid was $95,167 per coin, which increased Strategy’s total Bitcoin holdings to 555,450 BTC. It spent about $38.08 billion to acquire this Bitcoin, which is now worth over $52 billion at current market prices.

Despite Bitcoin’s price swings and uncertain regulations, Strategy is increasing its holdings. The firm recently finished its 2024 stock offering under the “21/21 Plan,” which aimed to raise $42 billion for buying Bitcoin. Now, it has started a new initiative called the “42/42 Plan,” which seeks another $42 billion, evenly split between debt and equity, by 2027.

As part of this plan, Strategy has launched new financial tools, including STRK and STRF preferred shares. These changes aim to ensure that there are enough funds available for ongoing BTC purchases.

As Bitcoin is close to $96,000, the firm’s recent buying has nearly broken even. This outcome supports their long-term strategy. They have no plans to sell and are focused on accumulating more Bitcoin, regardless of short-term market changes.

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BTC Whale Wallet Shorts Market with $119.7M amid Bullish Momentum

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A Bitcoin whale has opened a bold $119.7 million short position amid BTC’s strengthening bullish momentum. What does this whale know?

Bitcoin is flashing signs of strengthening bullish momentum as institutions rush to accumulate the “digital gold” for their strategic reserves. Bitcoin maximalists and analysts have argued that BTC could cross the psychological $100k for the last time and might never drop below it again. Despite the BTC’s bullishness, a whale has caught the market’s attention after entering a massive short position.

BTC is trading at around $95,557 with a 16.61% surge in trading volume over the past 24 hours, at press time, per CoinMarketCap. According to On-chain data, the whale wallet has executed its $119.7 million short position using 40X leverage. The entry price is $95,381 with liquidation set at $102,340.

As Bitcoin’s price rises, the whale’s bet could signal a possible resistance ahead. This could mean an incoming bulls and bears battleground in the $95k-$102k range as BTC rallies in this zone. With the liquidation level set just 7% above the entry, this whale could be banking on BTC’s short-term pullbacks.

Traders are digging for insightful on-chain data and observing substantial market inflows for more clues, while retail sentiment remains bullish.

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FTX to Pay Back $16 Billion in Cash to Creditors in May

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FTX has announced a payment plan to give back $16 billion in Cash to its creditors beginning May 30.

The FTX exchange had a multi-billion-dollar market cap, with its native token FTT trading above $80 per coin until its downfall in November 2022. Considering its popularity in global transactions, the token was considered a utility token. The FTX collapse left exchange creditors with huge losses, opening recovery investigations in the United States.

However, in a recent anticipated payment plan, FTX’s bankruptcy team has confirmed repayments scheduled to begin on May 30, 2025. According to the plan, creditors could expect a recovery between 123% and 140% of their original claims. The payments are to be offered in cash instead of crypto, giving them a bonus and cash liquidity.

The $16 billion payout comes from the recovered assets and funds. Administrative claims, U.S and Dotcom users can expect full refunds. Some institutions could see higher returns. Following such a dark moment in the crypto market, crypto regulation is continuously improving to make the space safe for investors globally.

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Ethereum ICO Whale Dumps $4.5M ETH amid Institutional Buys

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A major Ethereum ICO investor has offloaded $ 4.5M in ETH while BlackRock buys $20M worth of ETH, sparking mixed reactions in the market.

An early Ethereum initial coin offering(ICO) investor has made a surprising market move, leaving crypto investors with mixed reactions regarding ETH and his motives. According to On-chain data, the wallet sent 1,500 ETH ($2.76M) to the Kraken exchange. Previously, in the same 24-hour period, the whale wallet had transferred another 1,000 ETH ($1.83M), signalling significant offloading.

The market has reacted to the whale wallet’s moves with mixed reactions. Having been an early ICO investor, traders question his motives, considering BlackRock has bought 11,000 ETH worth over $20 million in the same period.

BlackRock has been growing its Ethereum fund while other institutions like Trump’s World Liberty Financial believe in Ethereum’s rebound following a historical dip in Q1, 2025. So, does this early investor lack confidence in ETH’s bounce-back while institutional buying starts? Traders are closely watching ETH’s price at the $ 1800-1850 resistance zone to understand its next moves.

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Arizona Governor Katie Hobbs Vetoes Strategic Bitcoin Reserve Legislation

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Arizona Governor Katie Hobbs has vetoed the anticipated Bitcoin reserve legislation, halting the state’s plans for crypto investment.

Arizona is the first U.S. state to pass a strategic Bitcoin reserve legislation. Following the Senate’s approval of investing state retirement funds in Bitcoin reserves on 28th of April, 2025, the bill has been awaiting the governor’s sign. In a turn of events, Arizona Governor Katie Hobbs has put a roadblock on the bill, citing that Bitcoin is a “virtual currency”.

According to the official letter, Katie Hobbs responded;

Today, I vetoed Senate Bill 1025. The Arizona State Retirement System is one of the strongest in the nation because it makes sound and informed investments. Arizonans’ retirement funds are not the place for the state to try untested investments like virtual currency

Following this veto, crypto enthusiasts and Bitcoin maximalists have expressed mixed feelings. Some crypto analysts are surprisingly trying to estimate the projected losses that await Arizona state in the coming years, if Bitcoin reserves face complete rejection.

As legislators remain resilient in their decisions, the market anticipates positive approaches in the coming months while monitoring committee stages in other states.

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Ripple Moves 1B XRP from Escrow amid Circle Buyout Speculation

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Ripple has unlocked 1 billion XRP from its escrow, raising eyebrows about its market moves. Is Circle acquisition on the cards?

On May 3, blockchain data showed that Ripple completed three separate transactions: 200 million, 300 million, and 500 million XRP sent to two wallets linked to the company. This action follows a new trend: Ripple locks 700 million XRP before starting its usual monthly release, which differs from its previous practice of locking tokens after the release.

The timing of this large-scale XRP movement is drawing market attention amid rumors that Ripple is actively attempting to acquire Circle, the company behind the USDC stablecoin. This move comes following a growing demand for stablecoins in the market.

Reports say that an initial $5 billion offer was rejected, and Ripple has reportedly raised its offer to $20 billion. Although neither company has confirmed these discussions, sources suggest that this move fits Ripple’s recent shift from plans for an IPO to expanding aggressively through acquisitions.

The market’s reaction to the news has been quiet, with XRP trading between $1.96 and $2.50. The $2.25 mark is acting as a key resistance level. Analysts say momentum indicators hint at a possible short-term dip, but the long-term outlook is still cautiously optimistic.

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TRON TRX Eyes Breakout while THIS Pattern Suggests a 15% Rally

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TRX is testing a key resistance zone on its bullish pennant pattern, eyeing a 15% rally post-breakout.

TRON (TRX) is catching the market’s attention following its listing as the 10th largest coin by market cap on CoinMarketCap’s cryptocurrencies list. In the past 24 hours, TRX has surged 1.25% with a 4.87% increase in its open interest. Per Coinalyze data, the Coin’s 24-hour long-short ratio stands at 2.27, suggesting heightened buying pressure.

Looking at the 4-hour chart, TRX’s price is consolidating in a bullish pennant pattern. This technical step up indicates a calm balance between sellers and buyers following a price uptrend. As of press time, TRON is trading at $0.2480 and attempting a breakout above the $0.2500 resistance zone.

According to renowned analyst World of Charts, a breakout above the resistance zone could see TRX rally 15% towards the $0.2800 and beyond in the short term. The MACD(12,26) is flashing a “sell” signalling some bearish pressure.

However, the short-term, mid-term, and long-term moving averages flash “strong buy”. With the Relative Strength Index (RSI) standing at 53 (neutral zone), TRX is not overbought and has more buying potential. TRON could be geared up for a rally soon, and traders are closely monitoring its price action at the resistance zone.

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Fold Becomes First Bitcoin Financial Company to Ring Nasdaq Opening Bell

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Fold’s stock has surged 17% in price following its historic honor of ringing the Nasdaq opening Bell on May 2, 2025.

Fold, a Bitcoin-focused financial services company, has caught the market’s attention following its bold steps into Wall Street. The company was honored to be the first Bitcoin financial services firm to ring the opening bell at the Nasdaq Stock Exchange. This signals a shift in Wall Street market sentiment and crypto’s expanding integration with traditional finance.

Fold allows users to earn Bitcoin through everyday spending to boost the crypto adoption process. Following this ceremony, Fold shares have surged past 17%, suggesting heightened investor conviction.

According to Nasdaq’s announcement on X (formerly Twitter):

Personal finance powered by bitcoin. @fold_app is the first publicly traded bitcoin financial services company—making it easy for individuals and businesses to earn, save and use bitcoin. Proud to be your exchange partner!

Fold has recently gone public, and today’s ceremony marks a milestone for Bitcoin and crypto adoption in daily life. The bell-ringing debut is not only a symbolic event but also a marketing moment for Fold’s Bitcoin rewards App. The company is eyeing hyperbolic growth following the partnership.

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Ivy League Brown University Goes Crypto With 4.9M Bitcoin ETF Buy

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Beyond its 260-year-old educational excellence, Ivy League Brown University has joined institutional smart money, making bold steps into the “digital gold” rush.

May 2- One of the 8 oldest educational institutions (Ivy League schools) in the United States has announced its strategic step into the digital assets market. Brown University has signaled confidence in crypto assets as the mainstream finance sector faces portfolio revisions.

In its recent 13F filing and portfolio disclosure, Brown University has revealed a smart money move by opening a $4.9 million position in the IBIT Bitcoin ETF, totaling 105,000 shares.

What does this mean for BTC?

With Bitcoin Exchange Reserves declining, Bitcoin’s scarcity is rising, hinting at a potential supply shock in the next few months. Analysts have argued that with the rising institutional demand, 2025 could be the last year to buy BTC below $100k, considering its capped supply.

As institutions rush to accumulate the “digital gold”, an exponential bull rally could be on the cards in the next few months, with negligible price volatility marks.

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