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Crypto.com’s native token, CRO, surged sharply after the exchange announced a $400 million strategic investment led by Citadel Securities, marking the company’s first institutional funding round since its launch a decade ago.

The announcement sent CRO soaring by nearly 25% within minutes as investors reacted positively to the milestone.

Crypto.com Reaches $20 Billion Valuation

Crypto.com revealed that the funding round values the company at approximately $20 billion, underscoring growing institutional confidence in its long term strategy.

Chief Executive Officer and co founder Kris Marszalek welcomed the partnership, saying the investment reflects the increasing role of cryptocurrency infrastructure in the future of global finance.

He noted that Crypto.com has spent the past decade building its regulatory framework and technological infrastructure, positioning the company to capitalize on the next wave of institutional adoption across multiple asset classes.

Citadel Securities President Jim Esposito echoed that sentiment, stating that Crypto.com has established a strong foundation to support the continued integration of digital assets into institutional finance.

He added that the growing convergence between traditional financial markets and blockchain based infrastructure has the potential to improve market efficiency and reshape the financial industry.

Expansion Plans Fuel CRO Rally

Crypto.com said the new capital will support its expansion into additional financial products, including tokenized securities and derivatives.

The company aims to bridge the gap between traditional finance and digital assets while helping build a more efficient financial ecosystem that operates around the clock.

Investors responded swiftly to the news, driving CRO from roughly $0.056 to nearly $0.07 before the rally cooled. The token later settled above the $0.06 level, still posting significant gains on the day.

Despite the strong reaction, CRO remains more than 93% below its all time high of $0.89, which was reached nearly five years ago.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

While much of the crypto market remains focused on predicting Bitcoin’s ultimate bottom, some analysts believe the biggest opportunities may emerge long before a clear market recovery is confirmed.

Crypto trader Axel Bitblaze argues that investors waiting for broad consensus on a market bottom could miss the strongest early gains, highlighting Hyperliquid (HYPE), Lighter (LIT), and Zcash (ZEC) as projects that are already showing signs of leadership.

HYPE, LIT, and ZEC Stand Out

The thesis stems from a July 15 market update by analyst Taiki Maeda, who said he believes the crypto market is in the process of bottoming and identified HYPE, LIT, and ZEC as his preferred long positions.

Expanding on that view, Bitblaze noted that Hyperliquid has repurchased roughly 3.4% of HYPE’s circulating supply this year, helping the token outperform even as Bitcoin and other major cryptocurrencies struggled.

He added that if Bitcoin experiences another bout of volatility without altering Hyperliquid’s underlying fundamentals, any resulting decline in HYPE could present an attractive accumulation opportunity.

Lighter’s LIT token was described as a higher risk investment with significant upside potential. Bitblaze pointed to the project’s reported partnership with Robinhood, which could substantially increase exposure for its decentralized perpetual trading platform.

He also noted that buybacks have removed more than 6% of LIT’s circulating supply, contributing to the token reaching an all time high near the end of 2025 while many altcoins were declining.

Among the three assets, Zcash carries the highest level of uncertainty.

Maeda explained that he previously exited his ZEC position after a vulnerability was discovered in the Orchard shielded pool that could have allowed unlimited counterfeit tokens to be created, contributing to a sharp 60% price decline.

However, after reassessing the project’s prospects, he rebuilt most of his position ahead of the upcoming Ironwood upgrade, scheduled for July 28. The upgrade is expected to improve quantum resistance and strengthen network security through formal verification.

Bitblaze believes these improvements could provide a meaningful catalyst for ZEC. He also referenced comments from Zcash founder Zooko Wilcox, who recently said the team is close to mathematically proving that Ironwood’s new shielded pools are free from undetectable counterfeiting flaws.

According to Maeda’s valuation model, ZEC could climb into the $650 to $700 range if its market capitalization returns to roughly 1% of Bitcoin’s, compared with approximately 0.8% today.

Early Positioning Could Matter More Than Timing the Bottom

Bitblaze believes the crypto market has remained in a bear phase since the euphoria of mid 2025, when Ethereum was approaching $5,000.

Although many investors expect the cycle to bottom during the fourth quarter of 2026, he argues that markets rarely wait for widespread confirmation before beginning a recovery.

Instead, he expects leading assets to start outperforming between August and September, well before sentiment fully shifts.

His advice to investors is simple: avoid waiting for Bitcoin and the broader market to look perfect, because the strongest performers often begin separating from the rest of the market long before the majority realizes the bottom may already be forming.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Bitcoin’s relief rally lost momentum after the cryptocurrency was rejected near $65,500, leaving analysts divided over whether the latest pullback is the start of another decline or simply a pause before a larger recovery.

Although BTC has surrendered part of its recent gains, some market watchers believe reclaiming an important support level could still pave the way for further upside.

Why Bitcoin Stalled at $65,500

Bitcoin rallied nearly $4,000 in a single day after softer than expected U.S. inflation data boosted market sentiment, climbing to its highest level in three weeks before encountering strong selling pressure around $65,500.

According to analyst Crypto Rover, the rejection follows a pattern seen repeatedly throughout the current bear market.

He explained that each relief rally has carried Bitcoin toward the Short Term Holder Realized Price, a level that represents the average purchase price of recent investors. Once prices return to that point, many traders choose to exit their positions at break even, creating significant selling pressure.

Crypto Rover noted that the same pattern unfolded following the October market crash, when Bitcoin’s recovery stalled near $115,000. Similar rejections also occurred during the January rally around $95,000 and again during the mid May advance toward $83,000.

Analyst Merlijn The Trader shared a similar outlook, saying the move to $65,500 resembled a classic bull trap.

He believes Bitcoin could still revisit the $58,500 to $60,000 range before establishing a more durable bottom.

In his view, the $63,000 level has become a critical support zone. Holding above it could allow Bitcoin to build enough momentum for another attempt at breaking through $65,500. However, losing that support would increase the likelihood of another decline below $60,000.

Some Analysts See Reasons for Optimism

Not everyone interprets the recent price action as bearish.

Market analyst Jelle argued that Bitcoin’s recovery above its previous trading range represents an encouraging development for buyers and marks an important technical victory.

At the same time, he cautioned that Bitcoin has historically moved slowly during the summer months, making it unwise for investors to become overly optimistic too quickly.

While Jelle believes the latest rebound is a positive first step, he stressed that Bitcoin still needs to overcome several key resistance levels before a broader bullish trend can be confirmed.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Base creator Jesse Pollak has announced that he is stepping away from leading the Base App after acknowledging that the platform’s heavy focus on on chain social experiences failed to accelerate crypto adoption as he had envisioned.

The move comes as Base shifts its priorities toward payments, trading, and AI driven applications in an increasingly competitive crypto landscape.

Pollak Admits Social Vision Missed the Mark

Following months of reflection and extensive community feedback, Pollak described the beginning of 2026 as a difficult wake up call.

He explained that Base’s strategy throughout 2024 and 2025 was built around two core beliefs. The first was that developers would drive the next wave of crypto adoption. The second was that this growth would come primarily through on chain social products such as creator platforms, messaging applications, and digital content.

According to Pollak, only the first prediction proved accurate.

Developers did help expand the crypto ecosystem, fueling growth in areas such as stablecoins, prediction markets, perpetual futures, and tokenized real world assets. However, social focused platforms failed to gain the widespread adoption many expected.

Projects including Farcaster, Zora, mini apps, and creator coins never reached mainstream traction, prompting Pollak to admit that his vision for the social side of crypto was ultimately misguided.

Base launched its rebranded Base App in 2025, transforming Coinbase Wallet into an all in one platform that combined social networking, trading, messaging, AI tools, and creator monetization. Pollak now believes that emphasizing social products caused the platform to fall behind competitors while also eroding user confidence.

Base Refocuses on Finance and AI

As part of the leadership transition, Pollak is handing responsibility for the Base App back to Coinbase while shifting his attention to developing the Base blockchain itself.

Jordan Fish, better known in the crypto community as Cobie, will take over leadership of the application and guide its next phase of development.

Looking ahead, Pollak said his focus is to establish Base as infrastructure for global finance, positioning the blockchain as a settlement layer for the world’s financial system.

To achieve that goal, Base plans to concentrate on three strategic priorities through the remainder of the year: trading, payments, and AI agents.

Pollak also acknowledged that competition is becoming increasingly intense, with companies such as Robinhood and Stripe expanding their presence in digital assets. Rather than assuming users will remain loyal, he said Base must rebuild trust by delivering products that earn their confidence.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Bitcoin and Ethereum retreated on Thursday after both cryptocurrencies rallied sharply following softer than expected U.S. inflation data earlier in the week.

While Bitcoin slipped back to the $64,000 level after briefly topping $65,500, Ethereum also pulled back after reaching its highest price since early June. Meanwhile, ONDO emerged as the day’s best performing major altcoin, while Pi Network’s PI continued its downward slide.

Bitcoin Gives Back Part of Its Rally

Bitcoin traded steadily around $64,000 over the weekend after a volatile stretch that saw the asset repeatedly fall below $62,000. Selling pressure intensified following Strategy’s latest Bitcoin sale and renewed geopolitical tensions in the Middle East.

The market weakened further on Monday as investors reacted to fresh military strikes involving the United States and Iran, sending Bitcoin below $62,000 by Tuesday.

Sentiment improved after June’s Consumer Price Index came in lower than expected, fueling a sharp recovery. Bitcoin reclaimed both the $64,000 and $65,000 levels before reaching an intraday high of approximately $65,600, its strongest price in nearly three weeks.

The rally, however, lost momentum as profit taking emerged, pushing BTC back to around $64,000.

Bitcoin’s market capitalization now stands at roughly $1.285 trillion, while its dominance of the overall crypto market remains steady at 56.7%.

Ethereum Retreats After Leading the Rally

Ethereum outperformed most major cryptocurrencies during the rally, climbing to nearly $1,950 for the first time in six weeks before encountering resistance.

The asset has since pulled back below the $1,900 mark as buyers paused after the strong advance.

Elsewhere among the large cap cryptocurrencies, BNB posted modest gains to trade near $580, while XRP edged lower as it struggled to hold above the $1.10 level.

Several other major altcoins, including Solana, TRON, Hyperliquid, RAIN, Zcash, Core, Litecoin, and Cardano, also traded in negative territory. Bitcoin Cash and DeXe recorded some of the steepest losses among large cap assets.

ONDO stood out as the strongest performer of the session, surging 17% to around $0.37.

The broader cryptocurrency market also cooled, with total market capitalization falling by roughly $40 billion from its recent peak to approximately $2.27 trillion.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Bitcoin has rebounded from its recent lows, but some analysts believe the current market cycle still leaves room for another decline before a lasting bottom is established.

While BTC has recovered toward the $65,000 level this week, historical cycle analysis suggests the correction may not be over, with some forecasts pointing to the possibility of prices revisiting the $38,000 to $39,000 range later this year.

Historical Cycles Point to Potential Lower Low

Bitcoin’s performance in 2026 has renewed attention on its traditional four year market cycle, with the current correction showing similarities to the bear markets of 2014, 2018, and 2022.

The cryptocurrency has fallen nearly 50% from its all time high of $126,000 reached in October 2025. Earlier this month, BTC dropped to a cycle low of $57,700 before staging a modest recovery.

According to NYDIG, previous bear markets lasted 363 and 376 days before reaching their respective bottoms, with peak to trough declines of 84.3% and 77.6%.

If the current cycle follows a similar timeline but experiences a milder 70% drawdown, the firm estimates Bitcoin could bottom somewhere between $38,000 and $39,000 around early October.

NYDIG emphasized that this is a possible scenario rather than its primary forecast, but noted that the comparison highlights how the four year cycle continues to offer a useful framework for evaluating the current market.

Crypto analyst Doctor Profit has expressed a similar view, previously forecasting a final bottom between $40,000 and $48,000 during September or October 2026.

Despite Bitcoin gaining roughly 3% this week and trading just below $65,000, some analysts remain unconvinced that the worst of the correction is over.

Alphractal founder Joao Wedson argued that the recent wave of optimism across social media following Bitcoin’s rebound suggests the market has not yet reached the level of pessimism typically associated with a major bottom.

Long Term Investors Should Avoid Chasing the Bottom

Not every analyst believes identifying the exact bottom is the right strategy.

Crypto analyst Ali Martinez advised investors against becoming overly focused on perfect market timing. He noted that over the past decade, periods when Bitcoin traded near its 200 week moving average have consistently provided attractive long term buying opportunities, even if very few investors managed to purchase at the absolute lowest price.

Martinez also pointed out that as Bitcoin matures and its returns become less explosive, investors now need larger amounts of capital to generate the same gains from simply holding the asset.

Even so, he believes Bitcoin’s current price range continues to offer a compelling opportunity for long term accumulation rather than waiting for the perfect entry point.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Ethereum’s recent rally has attracted renewed interest from major investors, with BitMEX co founder Arthur Hayes once again accumulating ETH despite selling his previous holdings at significantly lower prices just weeks ago.

As Ethereum pushes above $1,900 and outperforms Bitcoin and several large cap cryptocurrencies, on chain data suggests whales are stepping up their accumulation.

Hayes Reenters the Market

According to blockchain analytics platform Lookonchain, Hayes recently purchased 1,293 ETH worth approximately $2.5 million.

The move has raised eyebrows given his recent trading history. In mid June, Hayes accumulated around 5,900 ETH for roughly $10.58 million over several days before selling his entire position, along with additional holdings, for about $10 million just one day later. The transaction resulted in a loss of more than $600,000.

His latest purchase comes with Ethereum trading above $1,900, noticeably higher than the sub $1,700 level where he exited his previous position, leading some market observers to question his trading strategy.

Hayes has also drawn criticism in recent months for aggressively promoting cryptocurrencies such as HYPE, ZEC, and WLD before later selling his holdings well ahead of the ambitious price targets he had publicly discussed.

Whale Accumulation Continues

Hayes is not the only major investor increasing exposure to Ethereum.

Lookonchain reported that three newly created wallets withdrew nearly $58 million worth of ETH from Coinbase Prime, suggesting continued accumulation by large holders.

The analytics firm concluded that whales remain actively buying Ethereum despite the recent price surge.

Institutional investment firm Abraxas Capital has also adjusted its portfolio in favor of ETH. Earlier this week, wallets linked to the firm transferred approximately $40 million worth of Bitcoin to Kraken before using a significant portion of those funds to acquire Ethereum.

According to Lookonchain, Abraxas later withdrew 8,153 ETH from the exchange, adding further evidence that large investors continue rotating capital into Ethereum as bullish momentum builds.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Ethereum has surged to its highest level in six weeks, climbing above $1,900 as improving macroeconomic conditions and a wave of short liquidations fueled renewed bullish momentum.

ETH briefly reached $1,940 during late Wednesday trading before holding above the $1,900 mark into Thursday, marking its strongest performance since early June.

Short Squeeze and Positive Inflation Data Lift ETH

CryptoQuant analyst Darkfost attributed Ethereum’s rally to encouraging U.S. inflation data, with both the Consumer Price Index (CPI) and Producer Price Index (PPI) coming in below expectations.

According to the analyst, ETH has gained nearly 10% over the past two days and is now up more than 25% from its June low near $1,500, suggesting the asset may be entering a meaningful shift in momentum.

However, stronger macroeconomic data was only part of the story. Darkfost noted that the rally was amplified by a significant wave of short liquidations on Binance, triggering one of the largest Ethereum short squeezes on the exchange since June.

Nearly $30 million in ETH futures positions were liquidated within roughly an hour, while data from CoinGlass showed the largest single liquidation during the past 24 hours was an ETH/USD position worth approximately $11.9 million on Binance.

Analysts Set Their Sights on $2,000

Market observers are now closely watching Ethereum’s next key resistance levels.

Arden House founder Alaoui Capital shared a liquidation heatmap indicating that $2,000 is the next major price level ETH appears poised to challenge.

Meanwhile, analyst Satoshi Flipper pointed out that Ethereum has broken above its long standing downtrend against Bitcoin, a technical development that could strengthen the outlook for the broader altcoin market.

Former BlackRock vice president and Milk Road host John Gillen echoed the bullish sentiment, saying Ethereum has finally “woken up.”

He identified $1,950, which aligns with the 100 day exponential moving average, as the next hurdle. A decisive move above that level could open the door to $2,000, followed by a potential rally toward $2,200.

Gillen also suggested Ethereum’s recent strength may reflect improving fundamentals for both the network and the asset itself.

Ethereum Leads a Quiet Crypto Market

While Ethereum extended its gains, the broader cryptocurrency market remained relatively subdued.

The total crypto market capitalization held steady at around $2.3 trillion. Bitcoin eased after briefly climbing above $65,000, while most major altcoins traded sideways.

XRP, Zcash, and Stellar posted modest gains, but Ethereum remained the standout performer as investors focused on its accelerating momentum.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Conversation about cryptocurrencies across X, Reddit, Telegram, and other social platforms has fallen to its second lowest daily level since October 2024, even as Bitcoin continues to trade around the mid $60,000 range.

While the decline in online activity may seem like a bearish signal, market intelligence platform Santiment believes it could actually create favorable conditions for Bitcoin’s next move by reducing retail participation and giving larger investors more room to accumulate.

Crypto Conversations Dry Up

Santiment described the current lack of discussion as one of the crypto market’s most overlooked forms of fear, uncertainty, and doubt. According to the firm, when traders stop posting, debating, and reacting to every price swing, market conditions often become more favorable for institutional investors and whales.

With fewer retail traders actively chasing trades, large holders can accumulate positions more quietly and with less resistance. Santiment noted that some of Bitcoin’s strongest recoveries have emerged during periods when retail interest was muted, investor sentiment was exhausted, and attention had shifted elsewhere.

The analytics platform also pointed out that Bitcoin remains under pressure from macroeconomic uncertainty, fluctuations in spot ETF inflows, and a generally cautious appetite for risk. However, when social engagement is this low, even a modest increase in buying demand can have a much greater impact on price than overall market sentiment may suggest.

Although history does not guarantee another rally, previous market cycles have frequently rewarded periods when whales accumulated before retail investors recognized that the market had already begun recovering.

Macroeconomic Factors Still in Focus

Bitcoin recently climbed to the $65,000 level before pulling back slightly and is currently trading just above $64,500.

Bitunix analyst Dean Chen said maintaining support above this level would improve the chances of extending the current recovery.

Chen added that despite stronger than expected Consumer Price Index data boosting short term market sentiment, Bitcoin’s next major move will likely depend on broader macroeconomic developments.

These include whether inflation continues to ease despite potential increases in energy prices, whether the Federal Reserve maintains its data driven approach to monetary policy, and whether changes in Japanese capital flows affect global liquidity conditions.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Coinbase CEO Brian Armstrong ignited fresh debate over Bitcoin’s outlook after asking users on X whether the flagship cryptocurrency has already reached its market bottom.

The poll quickly attracted tens of thousands of votes and sparked widespread discussion, revealing that traders remain deeply divided on the market’s next move.

Community Split on Bitcoin’s Outlook

Armstrong posed a straightforward question to his followers: “Is the bottom in?” He later clarified that the poll referred specifically to Bitcoin.

He also pointed to continued growth across several areas of the crypto industry, including perpetual futures trading, stablecoin payments, prediction markets, and tokenized real world assets, suggesting that broader adoption continues despite market uncertainty.

At the time of writing, nearly 31,000 users had voted, while the post had been viewed more than 648,000 times. Results showed no clear consensus, with 55.6% voting “No” and 44.4% believing Bitcoin had already found its bottom.

The comments reflected the same divide. AI developer Ilan Rakhmanov expressed confidence that the market had already bottomed, while ChainLeak founder Joshuwa Roomsberg described the poll as a useful snapshot of market sentiment and noted that Armstrong’s remarks highlighted growing adoption beyond Bitcoin itself.

Not everyone shared that optimism. Market analyst Our Crypto Talk argued there was a strong possibility Bitcoin could revisit the $50,000 to $55,000 range before staging a meaningful recovery.

Crypto educator Rob Art also remained cautious. He pointed out that previous bear market bottoms followed declines of 93%, 84%, and 77%. Bitcoin is currently down just over 50% from its October 2025 all time high, suggesting that, based on historical patterns dating back to 2014, there could still be room for further downside.

On Chain Metrics Suggest a Cooling Market

Although opinions remain mixed, recent on chain data paints a more balanced picture than market sentiment alone.

A July 14 report from WIN Japan reviewed four widely followed CryptoQuant indicators, including the MVRV Ratio, Net Unrealized Profit/Loss (NUPL), Realized Price, and the Puell Multiple.

According to the report, these metrics indicate that Bitcoin has moved well beyond the euphoric conditions seen during the 2025 bull market. Valuations have cooled, investor optimism has faded, and market behavior now appears more consistent with consolidation and accumulation rather than outright capitulation.

This assessment aligns with Bitcoin’s recent price action. After dropping toward $61,000 earlier in the week amid renewed geopolitical tensions involving the United States and Iran, as well as concerns surrounding Strategy’s Bitcoin sales, the asset recovered and climbed back toward the $63,000 level.

Whether this rebound marks the beginning of a sustained recovery or simply another pause within the broader bear market remains uncertain. For now, Armstrong’s poll highlights one clear reality: even among crypto’s most engaged participants, there is still no agreement on whether Bitcoin has truly reached its bottom.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic