$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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