Daman Virtual co-founder Ahmed Ismail said institutional adoption of digital assets in the UAE remains constrained by banking friction, custody concerns and operational readiness despite Dubai’s growing reputation as a regulated crypto hub.
XRP became the most-traded cryptocurrency on South Korea’s largest exchange, Upbit, after the XRP/KRW pair generated approximately $110.9 million in 24-hour trading volume, surpassing Bitcoin and Ethereum.
Investors withdrew approximately $635 million from US-listed spot Bitcoin exchange-traded funds on Wednesday, marking the largest single-day net outflow since January 29 and signalling weakening momentum in one of the market’s most closely watched institutional demand indicators.
United Arab Emirates reportedly conducted covert military strikes against Iran earlier this year, including an attack on an oil refinery located on Lavan Island, according to a report by The Wall Street Journal citing sources familiar with the matter.
A New York judge postponed a decision on Aave’s emergency request to unlock $71 million worth of Ethereum connected to victims of the $293 million Kelp DAO exploit.
Nakamoto reported a $238.8 million net loss in the first quarter despite recording a 500% quarter-on-quarter increase in revenue following the acquisitions of BTC Inc. and UTXO Management in February.
U.S. Securities and Exchange Commission officials discussed modernising decades-old securities frameworks during the agency’s “Material Matters” podcast as digital assets remain a central part of the regulator’s broader policy agenda.
Bitcoin dropped below the key $80,000 level during Asian trading hours as stronger-than-expected US inflation data and geopolitical tensions surrounding Taiwan pressured risk assets globally.
MARA Holdings shares fell after the Bitcoin miner disclosed a $1.26 billion first-quarter net loss and confirmed it sold nearly $1.5 billion worth of Bitcoin during the period.
Bitcoin failed to break above its 200-day moving average near $82,430, with analysts at CryptoQuant warning the rejection could signal growing downside risks for the broader crypto market.
Donald Trump is reportedly considering a large package of roughly 250 presidential pardons tied to America’s 250th Independence Day celebrations, according to reporting from the Wall Street Journal.
Hyperliquid fell roughly 4% to around $38 after failing twice to break above the key $45 resistance level despite renewed attention following the launch of the first US-based Hyperliquid ETF product.
