Here’s what happened in crypto today
In today's crypto news, real-world assets (RWAs) are becoming popular as Bitcoin's price faces uncertainty, with a total value locked (TVL) potential of $50 billion by 2025 due to rising demand. Florida Republican Senator Joe Gruters has proposed a bill to invest part of the state's funds in Bitcoin to combat inflation. He believes it could serve as a financial hedge, noting the involvement of major firms like BlackRock and Fidelity in Bitcoin ventures. Additionally, Haliey Welch, also known as the 'Hawk Tuah' girl, has spoken after two months of silence regarding the HAWK memecoin's rise and fall. Welch revealed that the project manager misled her about the memecoin's prospects, which she initially joined thinking it would benefit her charity. These developments are indicative of the growing interest in integrating digital assets into traditional finance.
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