Ethereum's dominance in tokenized funds highlights its pivotal role in institutional finance, driving innovation and competition in blockchain technology. 57% of all tokenized funds have been issued on Ethereum.
The premium virtual assets pioneer, Bitcoin Suisse, reported that its subsidiary BTCS (Middle East) Ltd. has received Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM).
Bitcoin reclaimed the $64,000 mark following a brief flash crash to $62,800, bringing its total July gains to nearly 10%. Analysts Eye a Potential Floor Bitcoin reclaimed $64,000 on Tuesday, just hours after it dipped to $62,800, maintaining its July upward momentum.