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The Dubai Department of Finance (DoF) has successfully completed an initial technical pilot enabling instant payment of government service fees in UAE dirhams (AED) using digital assets. The pilot was conducted in collaboration with the Dubai Land Department (DLD) via the Dubai Pay platform, under the supervision of the Digital Dubai Authority. According to an…
DeFi Development Corp. (Nasdaq: DFDV) has expanded its holdings with the purchase of 86,307 SOL at an average price of $110.91 per token. This latest acquisition raises the company’s total SOL and SOL-equivalent position to 2,195,926 SOL, valued at approximately $426 million. Following the transaction, DeFi Dev Corp’s Solana Per Share (SPS) value now stands…
Rising U.S.–China trade tensions and broader geopolitical unrest are driving investors rapidly toward safe-haven assets, while talk of further Fed rate cuts is dragging the dollar lower. At the core, inflation fears refuse to fade, fueling an ongoing surge into exchange-traded funds (ETFs) as central banks pile into gold, rewriting their reserve playbooks as if…
As interest in digital asset regulation grows in the United States, lawmakers are trying to clarify how cryptocurrencies should be governed. The U.S. Senate is currently considering a new market structure bill that could determine how Bitcoin and other digital assets are overseen. The initiative, now before the Senate Banking Committee, reflects the increasing pressure…
The United States and the United Kingdom have seized $15 billion worth of Bitcoin allegedly belonging to Chen Zhi, the head of Cambodia-based Prince Group. The operation targets a vast online scam network reportedly run by thousands of forced laborers, involving schemes ranging from romance scams to fake investment platforms. In one of the most…
Bitcoin ETFs experienced total outflows of $1.2 billion this week, while Charles Schwab CEO Rick Wurster stated that investor interest is rising, with engagement in crypto products up 90%. In the United States, the eleven spot Bitcoin exchange-traded funds (ETFs) saw a combined $366.6 million outflow on Friday, marking a red week for both Bitcoin-linked…
After Gold Hits Record $4,392, Investors Turn Their Eyes to Bitcoin Following gold’s surge to a record level of $4,392 per ounce, investors have begun shifting their focus toward Bitcoin. Crypto analyst Mario Nawfal noted that as the rally nears its peak, capital could start flowing into digital assets. If this trend continues, Bitcoin could…
Lee also forecasted that ETH could reach $60,000 by 2030, representing an approximately 1,510% increase from its current price of $3,727. Ethereum May Challenge Bitcoin’s Market Leadership In an interview on Thursday with ARK Invest’s Cathie Wood and Brett Winton, Lee drew a historical parallel to explain why he believes Ethereum could eventually overtake Bitcoin…
Bitcoin has barely given investors a breather in recent days. The crypto market is once again chaotic and stressful. Recent stock market statements and news about the China–U.S. trade war have deeply shaken cryptocurrencies. As a result of these developments, Bitcoin and nearly all other coins have suffered sharp declines in value. Investors’ money has…
The Financial Stability Board (FSB), a G20 body that monitors and coordinates global financial regulation, has warned that there are “worrying gaps” in efforts to regulate the global crypto asset markets. The board emphasized that current frameworks remain fragmented, inconsistent, and insufficient to address the cross-border nature of crypto markets. Risks Growing as the Market…