Binance Secures Full Authorization From Abu Dhabi Global Market’s Regulator

Ethereum has experienced significant inflows to Binance, marking the largest daily exchange netflow since 2023, amidst a period of price consolidation between $3,000 and $3,200. This development has raised concerns among analysts about a potential bearish phase due to weakening demand and market uncertainty.

Circle has secured a Financial Services Permission (FSP) license from the Abu Dhabi Global Market (ADGM), marking a significant step in its expansion into the Middle East and positioning the company to enhance stablecoin adoption in the region.

At the Bitcoin MENA conference, Binance founder Changpeng Zhao (CZ) announced that the traditional four-year Bitcoin cycle is over, predicting a potential Bitcoin supercycle driven by its growing role in global finance. This statement comes amidst a backdrop of fluctuating market conditions and evolving investor sentiment towards Bitcoin.

Shiba Inu has experienced a significant increase in spot trading volume across major exchanges, including a 154% rise on Kraken over the past week, indicating a potential bullish trend for the second-largest meme coin by market cap. This surge comes as the broader cryptocurrency market faces declines, suggesting that buyers are stepping in to support the SHIB price at critical levels.

Circle Internet Group has secured a financial license from the Abu Dhabi Global Market (ADGM) and appointed Dr. Saeeda Jaffar, a veteran from Visa, as the Regional Managing Director. This move marks a significant step in Circle's expansion within the UAE's cryptocurrency landscape.

Cardano's ADA price is currently trading around $0.43 on Binance, facing short-term resistance at $0.45 and intraday support near $0.42–$0.40. The market structure suggests a volatile range with a slight downside bias as the year-end approaches, unless bullish momentum can be established.

Dogecoin (DOGE) is currently trading near $0.14 on Binance, remaining within a bearish channel that began after a rejection at $0.21. The price is showing signs of potential recovery as it tests the $0.14 support level, which is critical for a rebound toward $0.16 if maintained.

Bitcoin retail inflows to Binance have reached a record low of 400 BTC per day in 2025, marking a significant decline in daily transactions despite the ongoing bull market. This drop indicates a lack of confidence among retail investors in the cryptocurrency's current trajectory.