
Bitcoin Suisse Wins Full ADGM Authorisation in Abu Dhabi
Abu Dhabi's FSRA granted Bitcoin Suisse's BTCS (Middle East) unit a full Financial Services Permission covering spot trading, custody and derivatives.
Altcoins, ETH & general crypto

Abu Dhabi's FSRA granted Bitcoin Suisse's BTCS (Middle East) unit a full Financial Services Permission covering spot trading, custody and derivatives.

Data compiled by Blockchair and reported by one outlet put Bitcoin's daily transaction count well above 2025 levels. The metric counts transfers, not value.

June payrolls came in at 57,000 against a 110,000 forecast, moving the first Fed hike out to October. Bitcoin held near $61,600, with solana up 17% on the week.

The Fed held its benchmark rate at 3.50%-3.75% in Kevin Warsh's first meeting as chair, but nine of eighteen officials now project at least one hike by year-end, against none in March. Bitcoin fell to $64,800 before steadying near $65,300.

US spot crypto ETFs recorded a 13th consecutive session of net outflows on Wednesday, taking the total to $4.37 billion since mid-May. Bitcoin fund assets have fallen from $104.29 billion to $82.83 billion, and the ETF share of bitcoin's market capitalization has slipped to 6.36%.

Stellar's XLM rose 40.4% on the first trading day of June, lifting its market capitalization above $9.6 billion on $2.3 billion of spot turnover, after an integration with the DTCC's tokenization work. The broader market opened the month lower, with US spot bitcoin ETFs shedding $483.8 million.

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