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Here are some of the prominent headlines of the day in the cryptocurrency market:
* Bitcoin (BTC) Price: Bitcoin is trending sideways a bit ahead of important economic data from the US and is around $95,000. Institutional investor interest and positive technical indicators continue to support the price.
* New Regulations for Crypto Assets from the UK: UK Finance Minister Rachel Reeves announced new regulatory drafts for crypto assets. These regulations aim to encourage growth while protecting consumers.
* Cryptocurrency Project from Trump Media: Trump Media & Technology Group (DJT) is launching a new digital asset project to strengthen its video streaming platform called Truth+.
* Digital Finance Move from the UAE: The United Arab Emirates (UAE) is taking an important step in the field of digital finance by issuing a new regulated stablecoin based in Abu Dhabi. This stablecoin will be indexed to the local currency, the dirham.
* Developments in Bitcoin ETFs: Blackrock's IBIT Bitcoin ETF is approaching the 600,000 BTC limit. On the other hand, Nasdaq has applied to the SEC to list a Dogecoin ETF backed by 21Shares. The first XRP ETF was offered to investors in Brazil.
In general, important developments continue to occur in the cryptocurrency market. Regulatory news, institutional investor movements and new projects stand out as the main factors affecting the direction of the market.
#BlackRock Applies for Digital Shares