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As stablecoin giants and the world's largest exchange simultaneously secure ADGM licenses, Abu Dhabi is rapidly emerging from a Middle Eastern financial hub into a new global center for institutional-grade crypto settlement and regulation.

Currently, the largest holders of bitcoin have shifted from whales to publicly listed companies and compliant funds. The selling pressure has changed from retail investors' reactions to the market to capital impact from institutions.

Not an investment fund! Why is holding oil allowed but not crypto? How does Strategy criticize MSCI's proposal?

In Brief Xiaomi partners with SEI for cryptocurrency integration in 170 million devices. SEI's stablecoin to power Xiaomi's payment service, MiPay. Bitcoin struggles at $90,000, with potential for further declines.

BitMine, the world's largest Ethereum treasury company, increased its Ethereum holdings by $460 million last week, taking concrete action to "put its views into practice."



- 18:56Data: ETH surged briefly, then dropped over 5.04% within 5 minutesChainCatcher News, according to market data, ETH experienced significant volatility and is now quoted at $3,227.36, with a 5-minute drop of 5.04%. Please be aware of market risks. Risk Warning
- 18:41As competition with Google intensifies, OpenAI launches GPT-5.2Jinse Finance reported that as competition with Google intensifies, OpenAI has launched GPT-5.2. Currently, there are no plans to deprecate GPT-5.1, GPT-5, or GPT-4.1 in the API.
- 18:35Data: If ETH breaks through $3,356, the cumulative short liquidation intensity on major CEXs will reach $2.007 billions.According to ChainCatcher, citing data from Coinglass, if ETH surpasses $3,356, the cumulative short liquidation intensity on major CEXs will reach $2.007 billions. Conversely, if ETH falls below $3,041, the cumulative long liquidation intensity on major CEXs will reach $1.133 billions.