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Bitcoin ETF Outflows Hit $1.55B, UK Sanctions Crypto Exchange for Russia War Financing, and DeFi Loses a Visionary

Bitcoin ETFs shed $1.55B in 6 straight sessions as macro rate pressure drives institutional exits. The UK becomes the first government to apply banking-style sanctions to a crypto exchange. XRP Ledger upgrades on schedule. And the DeFi world mourns Ondo Finance founder Nathan Allman, who passed away unexpectedly on May 25.

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Crypto Market Update: Innovation Accelerates Despite Volatility

Crypto prices may be consolidating, but innovation is accelerating fast. From Coinbase becoming an all-in-one exchange to tokenized assets moving cross-chain and euro stablecoins hitting major milestones, here’s what moved crypto in the last 24 hours.

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