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Crypto Experiences Largest Single-Day Sell-Off in History — Mario Tama/Getty Images via Getty Images

Cryptocurrency · United States

Crypto Experiences Largest Single-Day Sell-Off in History

53% Center coverage: 58 sources

Crypto markets witnessed their largest single-day sell-off in history on Friday, with $19.5 billion worth of leveraged crypto positions liquidated in 24 hours — nine times larger than the February 2025 crash, and 19 times larger than the March 2020 crash and collapse of FTX — and 1.6 million traders affected.See the Story

Cardano (ADA) and Dogecoin (DOGE) Lead Crypto Rebound Following an 'Emotional' $19B Reset

Cardano (ADA) and Dogecoin (DOGE) Lead Crypto Rebound Following an 'Emotional' $19B Reset

100% Center coverage: 2 sources

“ETF inflows remain strong, exchange balances near cycle lows, and the broader narrative is arguably stronger after the washout,” one analyst said.See the Story

Crypto.com Close to Offering AED Stablecoin Payments with UAE License Approval

Cryptocurrency · Dubai

Crypto.com Close to Offering AED Stablecoin Payments with UAE License Approval

Foris DAX Middle East, trading as Crypto.com, has received In-Principle Approval (IPA) from the Central Bank of the UAE (CBUAE) for a Stored Value Facilities (SVF) license which will allow it to provide digital payment services for Dubai government fees in UAE Dirham or UAE Dirham-backed stablecoins. Once the final license is granted, the company will be able to provide digital payment services for Dubai Government fees in UAE dirhams or dirham-…See the Story

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