Crypto

Cardano joins RWA tokenisation race, ranks fifth in growth among major chains

Cardano ranked fifth among major blockchains for 30-day growth in tokenised real-world assets (RWA), with value rising 23.1 percent to $55.3 million, The Crypto Basic reported. The ranking, compiled by the RWA Foundation using Token Terminal data, compared monthly RWA value growth across ecosystems. Cardano is smaller in absolute size than top chains but outpaced some large networks in growth. Its ecosystem is also expanding RWA infrastructure and partnerships.

Finance

Warsh's second U.S. FOMC as oil back above $100 revives rate-hike expectations

Markets are factoring in the possibility that Federal Reserve Chair Kevin Warsh could raise the policy rate at this week’s meeting. Oil prices have climbed above $100 a barrel as fighting between Iran and the United States resumes, reviving concerns about energy-driven inflation. Rate-hike odds priced in by futures markets have risen sharply, while bond selling has pushed long-term yields higher in the United States and Europe. Strong U.S. jobs data and inflation still above the Fed’s target are also weighing on expectations.