Celebrity Chef Opens Innovative Zero-Waste Restaurant 

Hedera’s HBAR has bucked the broader market dip to record a slight 1% rally over the past 24 hours. As of this writing, the altcoin trades at $0.17. 

This upward movement comes amidst signs of a resurgence in new demand for the altcoin, as highlighted by key technical indicators on the daily chart.

HBAR Bullish Trend Gains Strength

Readings from HBAR’s Moving Average Convergence Divergence (MACD) reveal that on April 9, the token’s  MACD line (blue) climbed above its signal line (orange), forming a “golden cross.”

A golden cross occurs when the MACD line crosses above the signal line, signaling a potential bullish trend and increased buying pressure. This confirms that HBAR’s upward momentum is gaining strength, especially as investors commonly view this pattern as a buy signal.

Moreover, as of this writing, HBAR’s Relative Strength Index (RSI) is poised to break above the 50-neutral line, highlighting the spike in fresh demand for the altcoin. It is currently at 49.17 and remains in an uptrend.

The RSI indicator measures an asset’s overbought and oversold market conditions. It ranges between 0 and 100. Values above 70 suggest that the asset is overbought and due for a price decline, while values under 30 indicate that the asset is oversold and may witness a rebound.

At 49.17 and climbing, HBAR’s RSI signals a gradual shift from bearish territory into a more neutral zone. If the altcoin’s RSI continues to rise above 50, it would signal increasing bullish sentiment, driving up HBAR’s value. 

HBAR Eyes $0.19 Amid Strong Buying Pressure

HBAR’s surge over the past day has pushed its price above the key resistance formed at $0.16, which has kept the token in a downtrend since March 30.

With growing buying pressure, the token could flip this zone into a support floor. If successful, it could propel HBAR’s price to $0.19.

However, if traders resume profit-taking, HBAR’s current rally would halt, and the token’s price could fall below $0.16 and decline toward $0.12. 

The post Hedera (HBAR) Surges as Demand Reignites Hopes of a Price Bounce appeared first on BeInCrypto.

Wirex, a global Web3 leader and award-winning money app, has officially selected Italy as the strategic base for its cryptocurrency business in the European Economic Area (EEA). The move marks a key milestone in the company’s rapid growth journey and reinforces its long-term commitment to delivering regulated, innovative crypto services across Europe.

With over 6 million users globally and a decade of proven success, Wirex continues to lead the way in bridging the worlds of traditional finance and digital assets. Headquartered in London, Wirex holds multiple licences across the UK, EEA, Asia-Pacific, and beyond, operating as a trusted, compliant provider in some of the world’s most regulated financial markets.

Wirex’s decision to establish its European crypto operations in Italy comes as the region prepares for the implementation of the Markets in Crypto-Assets (MiCA) regulation.

The company is already registered as a Virtual Asset Service Provider (VASP) in the Italian Register held by the Organismo Agenti e Mediatori (OAM), with Registration No. PSV108. It is currently in the process of applying for a MiCA licence and aims to use its Italian base to deepen relationships with regulators, expand local partnerships, reinforce its trust with clients, and continue to offer them crypto products and services while scaling its presence across Europe.

As part of this strategic initiative, Wirex is pleased to announce the appointment of two senior executives in Italy:

• Alessandro Bruno-Bossio, Regional Managing Director for Italy and Chief Customer Strategy & Retention Officer, brings extensive experience in scaling fintech and payments operations, with previous leadership roles at Paysafe, Nexi and PayRetailers.
• Francesco Marotta, Non-Executive Legal Director, has over 12 years of expertise in banking and financial services law, compliance, and anti-money laundering. He will play a vital role in supporting Wirex’s regulatory and legal strategy in Italy and the wider EEA region.

“Choosing Italy as our EEA crypto hub reflects our deep commitment to Europe and our belief in its regulatory clarity and innovation potential,” said Pavel Matveev, Co-Founder of Wirex. “With strong leadership from Alessandro and Francesco, we’re well-positioned to strengthen our presence in the region and continue building one of the most trusted, compliant crypto platforms in the world.”

Wirex’s Italian office will focus on product development, customer experience, and regulatory engagement, positioning the company to thrive in a maturing and regulated European crypto market.

Alessandro Bruno-Bossio, Regional Managing Director for Italy and Chief Customer Strategy & Retention Officer at Wirex, commented: “I’m thrilled to join Wirex at such a pivotal moment in its European expansion. Italy has the potential to become a leading hub for digital assets, and Wirex is uniquely positioned to drive that transformation. In my dual role, I’m particularly focused on ensuring that customer experience remains at the heart of everything we do. The crypto space still places too much effort on the end user, and we’re determined to change that. By building a strong local presence and fostering regulatory trust, we aim to deliver not only innovative solutions but also seamless, user-first experiences that set new standards in the industry.”

With a global footprint and a reputation for innovation, Wirex has earned more than 20 industry awards, including recent recognition as a finalist at the ICA Compliance Awards Europe 2025 for excellence in regulatory compliance. The company’s growth is underpinned by a decade of operational excellence and an unwavering commitment to responsible innovation in financial services.

About Wirex

Wirex is a prominent UK-based digital payments platform with over 6 million customers spread across 130 countries. It offers secure accounts, making it easy for users to store, purchase, and exchange multiple currencies seamlessly.  As a principal member of both Visa and Mastercard, Wirex goes beyond traditional services, embracing the evolving trends of Web3 to provide mainstream access to digital finance and wealth management. Having processed transactions totalling $20 billion, Wirex aims to contribute to the adoption of a cashless society by facilitating straightforward transactions in various currencies worldwide. Wirex is simplifying digital payments, making it more accessible and convenient for people across the globe.

| wirexapp.com |

The post Wirex Establishes Italy as Primary Crypto Hub for EEA, Strengthens Local Team with Key Hires appeared first on BeInCrypto.

Real-World Assets (RWA) are becoming one of the most closely watched narratives in crypto as the sector evolves under increased institutional and regulatory scrutiny. The collapse of MANTRA served as a wake-up call, exposing operational vulnerabilities and sparking demands for higher standards across tokenization platforms.

While skepticism grows around decentralized RWA projects, the broader investment case for asset-backed tokens remains intact—especially as stablecoins and tokenized treasuries lead adoption efforts. Against this backdrop, several RWA altcoins are standing out in May 2025, showing both technical momentum and renewed investor interest.

Stablecoins and Treasuries Lead RWA Adoption Wave

The collapse of Mantra has triggered a wave of reflection and caution across the Real World Asset (RWA) sector. As Andrei Grachev, Managing Partner of DWF Labs, puts it:

“The Mantra collapse is really a pivotal moment for the RWA sector. It has exposed some serious vulnerabilities in how these permissionless tokenisation platforms operate. I think we’re going to see investors getting much more cautious and selective about where they put their money now. Institutional players will probably start demanding much higher standards of due diligence, and regulators might step in with more scrutiny too.”

This event has clearly shaken confidence in the structure of some decentralized RWA models, pushing institutional and retail participants toward more regulated, vetted alternatives.

At the same time, the debate around RWA tokens’ potential to decouple from broader crypto market volatility is gaining momentum.

In response to Binance Research’s observation that RWA tokens have shown more stability than Bitcoin during tariff events, Edwin Mata, Co-founder & CEO of Brickken, said:

“True RWA tokens are backed by real-world value and governed by legal frameworks that enforce rights, obligations, and cash flows. In that sense, they behave more like traditional securities and can, over time, become more resilient to macro-level crypto volatility, especially during periods of market stress, regulatory shifts, or geopolitical shocks like tariffs.”

Shahaf bar Geffen, CEO and Founder of COTI, reinforced this emerging divergence by stating:

“We‘re already witnessing the early stages of that decoupling. RWA tokens are anchored to tangible assets—real estate, commodities, invoices—which inherently provide a stability layer absent in purely speculative cryptocurrencies. The potential for RWAs to hedge against macroeconomic volatility, such as tariffs or inflationary pressures, is significant.”

The macroeconomic case is strengthening, but the technological and institutional backing behind RWAs is also evolving quickly. Kadan Stadelmann, Chief Technology Officer at Komodo Platform, believes institutional adoption will be a decisive factor:

“The adoption by mainstream financial institutions will separate RWAs from the rest of the crypto index. No other crypto product will be as extensively adopted by mainstream finance as RWAs other than stablecoins, which I would argue are a type of RWA.”

Here are the top 3 RWA coins to watch in May.

Ondo (ONDO)

ONDO has climbed nearly 14% over the past 30 days, recently breaking above the $1 mark for the first time since March 6. This move has brought renewed attention to the token, as its market cap approaches the $3 billion threshold again.

However, this upward price action comes amid a broader contraction in the space. According to data from rwa.xyz, total RWA on-chain value currently sits at $16.6 billion, representing a 16.92% decline over the past 30 days.

Despite ONDO’s short-term strength, its technical indicators are flashing caution. A death cross has recently formed on its EMA lines—a pattern often associated with bearish momentum.

The first key support is $0.866. If that level breaks, ONDO could decline to $0.819, with deeper support at $0.73 and $0.663 if the downtrend accelerates.

On the upside, if sentiment reverses and ONDO manages to break above the $1.04 resistance, a push toward $1.20 could follow, opening the door for a stronger recovery.

Reserve Rights (RSR)

Reserve Rights is up nearly 41% over the past 30 days, riding a wave of renewed interest following its Coinbase listing and lingering associations with incoming SEC Chair Paul Atkins.

Despite Atkins having no active ties to the project today, his early advisory role has fueled trader speculation about potential regulatory tailwinds.

This narrative, combined with Binance’s top traders heavily going long, has positioned RSR as one of the more politically charged tokens in the current market.

The listing alone sparked a 9% intraday jump, helping bring RSR back into the spotlight after a long quiet phase post-2021 peak.

Technically, RSR is approaching a critical decision point. The token recently attempted to break the $0.0096 resistance level twice and failed, signaling the importance of that threshold.

A successful breakout could open the door to $0.011, and potentially $0.0137 if momentum builds. However, failure to hold current levels could trigger a correction toward $0.0084, with deeper support at $0.0071 and $0.0057.

TokenFi (TOKEN)

Real-world asset (RWA) platform TokenFi (TOKEN) has surged nearly 40% over the past seven days, pushing its market cap back to the $20 million mark.

The sharp rise comes despite a notable drop in trading activity, with 24-hour volume falling over 59% to $8.13 million.

The divergence between price appreciation and declining volume raises questions about the rally’s sustainability, but for now, TOKEN is regaining attention as a small-cap RWA narrative play in the altcoin market.

From a technical standpoint, TOKEN is approaching key resistance levels. If the bullish momentum continues, the token could test $0.024 and $0.0275, with a potential breakout target of $0.041.

However, any reversal could see TOKEN retrace toward the $0.0194 support level. If that fails, deeper downside levels lie at $0.0137 and $0.0112.

The post 3 Real World Assets (RWA) Altcoins to Watch in May 2025 appeared first on BeInCrypto.