According to CoinDesk, the Dubai Land Department (DLD) has initiated a pioneering real estate tokenization pilot program, marking a significant step as the first property registration authority in the Middle East to implement blockchain technology for property title deeds. This initiative is developed in collaboration with the Virtual Assets Regulatory Authority (VARA) and the Dubai Future Foundation (DFF), aligning with Dubai's 2033 real estate strategy and its broader ambition to establish itself as a global technology hub. The DLD anticipates that tokenized real estate could constitute 7% of Dubai's total property transactions, potentially reaching a value of 60 billion dirhams ($16 billion) by 2033. This move towards real estate tokenization is part of a larger trend of integrating blockchain technology into traditional markets, enabling real-world assets (RWA) such as bonds, funds, and credit to be managed on crypto platforms. The digital token versions of these assets can be fractionally owned and transferred on the blockchain, which lowers entry barriers for investors and enhances market liquidity. Unlike crowdfunding, which aggregates investor funds for property acquisitions, tokenization offers a more structured ownership model. Despite the potential benefits, a report by McKinsey last year highlighted that real estate might experience slower growth in tokenization adoption due to operational challenges. Marwan Ahmed Bin Ghalita, the director general of DLD, expressed that the initiative aims to "simplify and enhance buying, selling, and investment processes" in the local real estate market. The department is actively engaging with technology firms to refine the project before considering its expansion.

TL;DR The crypto market surges after Ripple’s historic victory against the SEC, boosting Bitcoin, Ethereum, XRP, and other altcoins. Bitcoin reaches $84,500 (+3.2%) and Ethereum surpasses $2,000 (+8%). XRP continues its rise with an 11.87 The crypto market is experiencing a great day following Ripple’s victory in its legal dispute with the U.S. Securities and ... source: https://crypto-economy.com/crypto-market-soars-after-ripples-victory/

. source: https://finbold.com/xrps-7-year-pattern-outlines-path-to-38-conservative-price-target/

The funds, which track the price of the largest cryptocurrency by market value, have shed assets in recent weeks. source: https://decrypt.co/310691/bitcoin-etfs-rebound-amid-market-rally

Odaily Planet Daily News According to official news, Telekom MMS, a subsidiary of Deutsche Telekom, the world's fifth largest telecommunications application provider, has become a ZetaChain validator. By using Deutsche Telekom's proprietary infrastructure stack Open Telekom Cloud (OTC) to enhance the security of the ZetaChain network, Telekom MMS will also provide developers building general applications with access to decentralized and enterprise-level Layer 1 infrastructure.

According to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) has decided to drop its appeal against Ripple, marking a significant development in the ongoing legal saga. Crypto lawyer John Deaton emphasized that this move underscores the classification of XRP tokens as digital commodities rather than securities. Despite this, Ripple still faces a $125 million judgment related to the improper sale of XRP, which the company might now negotiate down following the SEC's decision. Deaton, who has been a prominent advocate for XRP holders, argued that their interests were not adequately represented in the SEC's case against Ripple. He later ran for a Senate seat against Elizabeth Warren, a known critic of cryptocurrency, to represent Massachusetts in Washington, D.C. A key issue moving forward is Ripple's cross-appeal, filed in October 2024. Deaton suggests that the SEC is keen to avoid this cross-appeal, as a ruling could potentially limit the commission's jurisdiction and impact other cases. This situation provides Ripple with leverage in settlement negotiations. Deaton remarked on the shifting landscape, noting changes in the industry, the SEC's stance, and the political environment, questioning the necessity of the $125 million payment. However, Ripple still faces an injunction from Judge Analisa Torres, which restricts the company from selling XRP to institutional investors to prevent securities law violations. Deaton highlighted the challenge Ripple faces in overcoming this injunction if it intends to issue XRP directly to American banks. Reflecting on the broader implications of the case, Deaton described it as an attack on the cryptocurrency industry, likening it to a "boot on the neck" of the sector. He expressed confidence that the case was not an isolated incident but part of a broader message from traditional finance and regulatory figures like Elizabeth Warren and Gary Gensler. Deaton also pointed out that Ripple's continued presence in the U.S. throughout the legal proceedings could work in its favor. He noted that Ripple's CEO, Brad Garlinghouse, could argue that despite being sued by the U.S. government and the Biden administration, Ripple remained an American company. This steadfastness, Deaton believes, could be advantageous for Ripple as it navigates the legal and regulatory landscape.

The fundraising also attracted participation from participation by Sequoia Capital, Paradigm, and Coinbase.. source: https://www.nftgators.com/ribbit-capital-leads-15m-funding-round-for-blockchain-infrastructure-startup-privy/

The US Securities and Exchange Commission dropping its appeal against Ripple is the “final exclamation point that these [XRP] tokens are considered digital commodities, not securities,” crypto lawyer John Deaton told Cointelegraph. Deaton added that there is still a $125-million judgment against Ripple over the improper selling of the XRP (XRP) cryptocurrency, which perhaps the company can negotiate down now that the SEC has dropped its appeal. Deaton is a well-known lawyer who represented XRP holders, arguing that their interests were not being represented in the SEC’s case against Ripple. He’d later run against Elizabeth Warren, a vocal crypto critic, for a senate seat to represent Massachusetts in Washington, DC source: https://cointelegraph.com/news/sec-ripple-case-xrp-not-security-john-deaton?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin (BTC) has been clinging to the 200-day simple moving average ($84,359), which suggests that the bulls have kept up the pressure. That improves the prospects of an upside breakout, signaling the corrective phase may be ending.  Derive founder Nick Forster told Cointelegraph that the current pullback is a normal correction that Bitcoin experiences during long-term rallies. He anticipates that Bitcoin’s cycle peak is yet to come source: https://cointelegraph.com/news/price-analysis-3-19-btc-eth-xrp-bnb-sol-ada-doge-link-leo-ton?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The first Solana ETFs in the US are about to hit the market. Volatility Shares LLC, an ETF firm based in Florida, is launching two funds on Thursday that will track Solana futures. source: https://www.cryptopolitan.com/us-to-see-first-ever-solana-etfs/

Hayden Davis, founder of the $LIBRA meme coin, faces an Interpol Red Notice as Argentine authorities accuse him of orchestrating a $100 million scam. The scandal also involves President Javier Milei, who promoted the coin before it collapsed, leading to lawsuits from defrauded investors.

On-chain data shows that insiders linked to MELANIA and LIBRA tokens moved large sums through multiple wallets, raising concerns about money laundering.