🇦🇪 BREAKING: UAE Issues Its First National Crypto License!

Emirates Coin Investment (EmCoin) has officially become the first company to receive a federal virtual asset license from the UAE’s top regulator — the Securities and Commodities Authority (SCA).

- Regulated crypto trading is now live under UAE’s national framework.
- A major step towards making the UAE a global crypto hub.
- EmCoin can now legally offer Bitcoin and crypto services across the Emirates.

The future of regulated crypto has officially arrived in the Middle East.

Corporate Bitcoin treasuries control over 3% of total BTC supply
More than 60 Bitcoin strategy adopters collectively doubled BTC holdings in the past two months, outstripping the buying speed of Michael Saylor’s Strategy.

If you don't know Tom Lee - he's not your average moonboy. He's a top wall street straightest.

Now he's saying XRP could mint millionaires in 90 days? 😱

Bruh, if he's bullish.. I'm listening

⚡️JUST IN: Ark 21Shares Bitcoin ETF announces 3-for-1 stock split effective June 16, to make shares more accessible to investors and enhance trading efficiency.

📊 Institutional Footprint Grows in Bitcoin Market

Entity-adjusted URPD data reveals a clear institutional skew in Bitcoin activity over the past 6 months:

🔹 Above $90K – Market activity is dominated by wallets holding 100–10K BTC, signaling strong institutional presence.
🔹 >100K BTC wallets – Heavily concentrated between $74K–$76K
🔹 Large whales (10K–100K BTC) – Show major positioning at $78K–$79K, $85K–$90K, and near current levels

This distribution confirms that big money is not only here — it’s active, especially at key inflection zones.

JUST IN: 🇺🇸 President Trump says "too late" Jerome Powell must lower interest rates now.

Bitcoin hashrate continues to rise, hits an all-time-high.

The Ethereum Foundation has announced the layoff of some members of its research and development team and a restructuring of its Protocol Research and Development division, which has been renamed “Protocol.” The revamped team will focus on three core priorities: scaling Ethereum’s base layer, expanding blobspace (a key component of its data availability strategy), and improving user experience.

JUST IN: Michael Saylor's Strategy announces Initial Public Offering of STRD stock to raise more money to buy #Bitcoin 🚀

EIGEN analysis:

The price has been rejected multiple times from the resistance area, creating a no-trade zone. We are now waiting for a clear direction. We will open long positions only if the daily candle closes above the $1.65 level. Let's observe the price action for further confirmation.

✨ Eid Mubarak! 🌙
Wishing you and your loved ones a joyous and blessed Eid!
May this special day bring peace, happiness, and prosperity to your heart and home.
Let’s cherish the moments of togetherness and reflect on the values of gratitude, compassion, and unity.
🕌💫 Eid Al-Adha Mubarak to everyone celebrating!
#EidMubarak #Blessings #Gratitude #Peace

The crypto market is growing
BTC Dominance - 63.18%

Market Cap - $3.30T
BTC - $104,870 (+2.33%)
ETH - $2,490 (+1.55%)
BNB - $646 (+1.08%)
SOL - $149 (+1.88%)
XION - $1.23 (+0.18%)
ATH - $0.04 (-1.8%)

Apple, X, and Airbnb among growing number of Big Tech firms exploring crypto adoption

https://fortune.com/crypto/2025/06/06/apple-x-airbnb-google-cloud-stablecoins-crypto-conversations/

Deutsche Bank is examining stablecoins and tokenized deposits, considering options such as issuing its own token or joining an industrywide initiative.

https://www.bloomberg.com/news/articles/2025-06-06/deutsche-bank-is-exploring-stablecoins-and-tokenized-deposits

X is joining forces with Polymarket as its official prediction market partner

https://x.com/X/status/1931001329129844987