CoinSignals

US authorities have frozen more than $130 million in cryptocurrency tied to Iran as military tensions between the two countries continue to rise.

Treasury Secretary Scott Bessent announced on X that the Office of Foreign Assets Control (OFAC) had sanctioned several crypto wallets associated with the Central Bank of Iran, describing the move as part of a broader effort to disrupt the country’s illicit financial networks.

US Targets Iran Linked Crypto Assets

Bessent said the Treasury Department remains committed to cutting off Iran’s access to funds generated through illegal financial activities and vowed to continue pursuing assets connected to sanctioned entities.

Separately, blockchain investigator Specter revealed that stablecoin issuer Tether froze four TRON wallets holding approximately $131 million in USDT.

According to Specter, the majority of the funds originated from withdrawals through payment processor DC Pay and crypto exchange Bitso before the wallets were frozen. The investigator later stated that the addresses were linked to entities already sanctioned by OFAC, including the Islamic Revolutionary Guard Corps (IRGC) and the Central Bank of Iran.

Military Tensions Continue to Rise

The latest enforcement action comes as the security situation in the Middle East continues to deteriorate following the collapse of the ceasefire between the United States and Iran.

The US military has reportedly reinstated its naval blockade of Iranian ports after previously enforcing similar measures between April and June. At the same time, American forces carried out a fourth consecutive day of strikes against Iranian targets.

Iran also announced a new phase of its military campaign, claiming responsibility for drone strikes targeting Jordan’s Al Azraq military base as part of what it called Operation Lightning.

According to Iranian state media, the operation targeted facilities that included aircraft shelters, accommodation buildings, and military equipment storage sites.

The military escalation coincided with renewed warnings from President Donald Trump, who said in a television interview that the United States could expand its campaign to include bridges and power infrastructure unless Iran returns to negotiations.

Pressure on Iran’s Crypto Sector Intensifies

The latest asset freeze follows a series of actions targeting Iran’s cryptocurrency ecosystem.

In April, Tether froze more than $344 million worth of USDT at the request of US authorities.

Last month, the US Treasury also sanctioned several Iranian cryptocurrency platforms, including Nobitex, Wallex, Bitpin, and Ramzinex, as part of the Trump administration’s Economic Fury campaign.

US officials alleged that the exchanges helped Iran circumvent international sanctions, process transactions connected to the IRGC, and facilitate the movement of funds through digital assets.

The Treasury Department further claimed that Nobitex handled more than half of Iran’s cryptocurrency inflows during 2025 and enabled the Central Bank of Iran to access hundreds of millions of dollars in stablecoins.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Longtime Bitcoin critic Peter Schiff has once again argued that investors should consider selling the cryptocurrency at current prices, warning that a deeper correction could be on the horizon.

Speaking during the July 15 episode of The Peter Schiff Show, the economist said Bitcoin holders may eventually regret staying invested if the asset loses key support levels. He also criticized Strategy’s latest capital raising decision, claiming it reflects the company’s growing financial constraints.

Schiff Sees More Downside for Bitcoin

Despite acknowledging Bitcoin’s resilience in recent months, Schiff maintained that he remains bearish on its long term outlook.

He admitted that he sometimes wishes he had purchased Bitcoin when he first learned about it roughly 15 years ago. However, he said he has no regrets about avoiding the asset in more recent years.

According to Schiff, Bitcoin is facing significant resistance around the $65,000 level while finding support near $58,000. If that support fails, he believes the cryptocurrency could fall below $50,000 before eventually declining to the $30,000 to $20,000 range.

He argued that investors who continue holding Bitcoin at current levels may ultimately regret passing up the opportunity to sell.

At the time of his comments, Bitcoin was trading just below $65,000 after gaining nearly 4% in response to softer than expected US inflation data.

Strategy Draws Fresh Criticism

Schiff also took aim at Strategy, noting that the company has gone several weeks without adding to its Bitcoin holdings following last week’s sale of 3,588 BTC.

Instead of selling more of its Bitcoin, Strategy recently raised $450 million through a common stock offering, increasing its cash reserves to approximately $3 billion.

Schiff described the move as unnecessary shareholder dilution and argued that the company avoided selling a larger portion of its Bitcoin because doing so could put additional pressure on the market.

In his view, the market is already recognizing the company’s difficult position, and he believes Bitcoin could still face a significant correction regardless of whether Strategy sells more of its holdings.

Corporate Treasury Model Faces Greater Scrutiny

Schiff’s latest remarks come as investors increasingly examine the sustainability of corporate Bitcoin treasury strategies.

A recent report from QCP Capital noted that Strategy’s first Bitcoin sale in late May, although limited to just 32 BTC out of more than 847,000 BTC held at the time, altered market perceptions of corporate Bitcoin holders.

Rather than focusing solely on headline grabbing purchase announcements, investors are now paying closer attention to factors such as cash reserves, equity financing, capital raising ability, and overall balance sheet strength to assess whether companies can continue accumulating Bitcoin over the long term.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Binance’s XRP reserves have declined to their lowest level since February, even as the token shows early signs of stabilizing after weeks of downward pressure.

According to on chain data, the exchange now holds around 2.61 billion XRP, with reserves remaining near that level since the beginning of July. At the same time, XRP has recovered modestly, gaining more than 3% over the past 24 hours after previously falling toward the $1.06 mark.

Exchange Balances Continue to Decline

CryptoQuant contributor Arab Chain noted that Binance has seen very few XRP inflows in recent months, leaving its reserves near February’s lows rather than replenishing them.

A decline in exchange balances is generally viewed as a bullish indicator because it often suggests investors are moving their holdings into private wallets instead of keeping them on exchanges for potential selling.

However, that trend did not immediately translate into higher prices. Arab Chain explained that XRP continued to weaken toward $1.06 even as exchange reserves fell, indicating that broader market sentiment, liquidity conditions, and trading activity had a greater influence on price than shrinking exchange supply.

The analyst also highlighted Binance’s Cumulative Volume Delta (CVD) Confirmation Score, which combines price action with order flow data to determine whether buyers or sellers are dominating the spot market.

The current CVD reading stands at negative 6.93 million, reflecting persistent selling pressure as XRP declined from above $2 earlier this year to around $1.07.

Meanwhile, the 30 day Price CVD Confirmation Score remains near 0.84. While Arab Chain described the reading as relatively healthy, it is still not strong enough to confirm that buyers have regained control. According to the analyst, a sustained move into positive CVD territory alongside a stronger confirmation score would provide more convincing evidence of a lasting trend reversal.

Despite those signals, XRP has managed to recover modestly. At the time of writing, the cryptocurrency was trading around $1.11 after rising roughly 3.7% over the previous 24 hours, fluctuating between $1.07 and $1.12 during that period.

Even so, XRP remains down about 7% over the past month and more than 61% compared with a year ago. Daily trading volume, however, climbed 31% to approximately $1.26 billion.

Analysts Remain Split on XRP’s Next Move

Market analysts remain divided over where XRP is headed next.

Trader Diana identified the $1.08 level as a critical support zone, warning that a break below it could send the token toward the $0.90 to $0.93 range before potentially testing major support near $0.87.

Analyst CasiTrades shares a similar outlook, describing a possible decline to $0.87 as the final stage of the correction that has developed over the past year.

Others remain considerably more optimistic. Crypto Patel argues that XRP is forming a technical pattern that has historically preceded rallies exceeding 1,000%.

Meanwhile, crypto investor Celal Kucuker pointed to XRP’s 500% monthly rally two years ago as evidence that a move toward $7 by the end of the year should not be ruled out.#crypto#cryptonewshttps://coinsignals.net https://t.me/coinsignalpublic

Bitcoin extended its recovery on Tuesday and Wednesday after softer than expected US inflation data pushed the cryptocurrency to a multi week high of $65,000.

However, the rally now faces fresh uncertainty as tensions in the Middle East intensify, with reports revealing details of US President Donald Trump’s latest military strategy toward Iran.

Reports Outline New US Military Plans

After weeks of observing a fragile ceasefire, the conflict between Iran and its adversaries has reignited, with both sides reportedly exchanging strikes almost daily. President Trump declared that the previous memorandum of understanding had effectively collapsed, signaling a new phase in the conflict.

According to several reports, Trump convened senior national security officials in the White House Situation Room on Tuesday to discuss expanding military operations against Iran.

The meeting reportedly included Vice President JD Vance, Secretary of State Marco Rubio, Defense Secretary Pete Hegseth, CIA Director John Ratcliffe, special envoy Steve Witkoff, and other senior officials.

Reports suggest the proposed strategy would broaden military operations beyond the current focus around the Strait of Hormuz and could include strikes on additional strategic targets inside Iran.

Axios also reported that discussions centered on plans for what were described as devastating attacks on key Iranian infrastructure. Trump was also quoted as warning that Iran should “make a deal” or risk severe consequences. Some observers note that similar rhetoric in previous standoffs was eventually followed by diplomatic de escalation, offering a potential reason for cautious optimism.

Could Bitcoin Lose Momentum?

The renewed geopolitical uncertainty comes at a sensitive moment for Bitcoin.

The cryptocurrency had just regained bullish momentum after June’s US Consumer Price Index report showed inflation slowing more than expected, reducing expectations that the Federal Reserve would tighten monetary policy further.

That optimism helped lift Bitcoin to around $65,000 after it had fallen below $58,000 earlier this month.

Historically, however, sharp escalations in geopolitical conflicts have weighed on risk assets, including Bitcoin, while boosting demand for traditional safe havens and pushing oil prices higher.

If the reported military plans move forward and regional tensions escalate further, Bitcoin could face renewed selling pressure, potentially giving back part of its recent gains as investors shift toward a more risk averse stance.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Pi Network’s native token has staged a sharp recovery after days of heavy losses, while Bitcoin rallied toward the $65,000 mark following a lower than expected US inflation report.

Most major cryptocurrencies also traded higher, with Ethereum approaching $1,900 and several altcoins posting notable gains, including ZEC, CC, LINK, and HYPE.

Bitcoin Surges After CPI Surprise

Bitcoin began recovering last Wednesday after a volatile start to the week that was fueled by Strategy’s largest Bitcoin sale on record and renewed tensions between the United States and Iran following the collapse of a ceasefire.

The leading cryptocurrency climbed steadily from around $61,600 and reclaimed the $64,000 level over the weekend, where it traded in a relatively narrow range.

Renewed geopolitical concerns briefly pushed Bitcoin back below $62,000 on Monday, shifting market attention to the release of June’s US Consumer Price Index data.

While economists had already expected inflation to cool from May’s reading, the report came in even lower than forecast, showing annual inflation at 3.5%. The softer data sparked an immediate rally that lifted Bitcoin above $65,000, its highest level in roughly three weeks.

At the time of writing, Bitcoin had pulled back slightly to around $64,500. Its market capitalization has climbed to nearly $1.3 trillion, while its dominance over the broader crypto market remains steady at 56.7%.

Pi Network Leads the Recovery

After recording consecutive all time lows over the past several days, Pi Network finally found support near $0.07 and mounted a strong rebound.

The token has surged approximately 16% over the past 24 hours, pushing its price back above $0.085 and making it one of the day’s strongest performers.

PUMP also delivered double digit gains, rising 14% to around $0.0166.

Among the larger cryptocurrencies, ZEC led the advance with a 9% jump to more than $550. CC also posted solid gains, while LINK and HYPE each added around 5%.

Ethereum climbed by a similar percentage to trade above $1,870, while BNB, XRP, SOL, and RAIN also finished the day in positive territory with more modest advances.

The broader crypto market added more than $60 billion in value over the past 24 hours, lifting the total market capitalization to approximately $2.28 trillion.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

A significant decline in the amount of Wrapped Bitcoin (WBTC) held on exchanges is drawing attention, with analysts suggesting it could signal growing confidence in Bitcoin’s outlook.

According to fresh data from Santiment, 326 WBTC tokens on Ethereum were withdrawn from exchanges in a single day, marking the largest net exchange outflow since early June. The movement has reduced the supply of WBTC readily available for trading, a trend that is often viewed as a positive sign because it can indicate investors are moving assets into long term storage rather than preparing to sell.

WBTC Leaves Exchanges

The latest withdrawals come during what Santiment described as a period of elevated market risk. Although Bitcoin briefly climbed to $65,000 on Wednesday, geopolitical uncertainty and fluctuating ETF flows continue to weigh on sentiment.

Despite those headwinds, Santiment believes the surge in exchange outflows offers another encouraging sign for the broader crypto market.

The analytics firm noted that WBTC’s largest exchange outflows in six weeks add to the growing evidence that the recent crypto recovery may be gaining momentum.

Launched in 2019 through a collaboration between BitGo, Kyber Network, and Ren, Wrapped Bitcoin remains the largest tokenized version of Bitcoin, with a market capitalization of roughly $7.6 billion. Competition in the sector has intensified, however. Coinbase introduced cbBTC in 2024, which has since grown to nearly $6 billion in market value, while Circle expanded the market further last month with the launch of cirBTC on Ethereum.

Is Bitcoin Preparing for a Bigger Recovery?

Bitcoin also received a boost after the latest US inflation data came in lower than expected. Consumer prices fell by 0.4% in June, bringing annual inflation down to 3.5%, compared with economists’ expectations for a 0.2% monthly decline and a 3.8% yearly rate.

Separately, analysts at Bitfinex said Bitcoin is nearing what has historically been the final phase of its typical bear market cycle. Their report noted that the asset usually spends five to six months trading below the Short Term Holder Realized Price before beginning a broader recovery. With July marking the fifth month of the current cycle, they believe Bitcoin could be approaching a meaningful turning point.

Still, the analysts cautioned that historical patterns alone are not enough to guarantee a rebound. While July has traditionally been a strong month for Bitcoin, broader macroeconomic conditions will remain a key factor in determining whether the recovery can continue.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Corporate treasury buying remains one of Bitcoin’s strongest long term sources of support, but analysts say investors are no longer treating it as an automatic price floor. Instead of focusing only on how much Bitcoin companies own, attention is shifting toward whether those firms can sustainably finance future purchases.

Funding Strength Takes Center Stage

In its latest market report, QCP Capital said this shift became evident during the second quarter after Strategy sold 32 BTC in late May. While the sale represented only a tiny fraction of the company’s 846,842 BTC holdings, it challenged the long standing assumption that corporate Bitcoin treasuries would only accumulate and never reduce their positions.

Although Strategy resumed buying within weeks, Bitcoin failed to respond with a meaningful rally. According to QCP, this suggests investors are paying closer attention to a company’s funding capacity, balance sheet strength, liquidity, and overall treasury strategy than to purchase announcements alone.

Public companies now collectively hold around 1.26 million BTC, with roughly two thirds owned by Strategy. That concentration means the company’s capital raising activity, reserve management, and purchasing decisions continue to have an outsized influence on market sentiment.

Investors Are Watching the Balance Sheet

QCP noted that the financial foundation supporting corporate Bitcoin accumulation has become a key focus. Rather than reacting simply to new buying announcements, investors are increasingly monitoring metrics such as mNAV premiums, equity issuance, demand for preferred shares, convertible financing capacity, and available cash reserves.

When financing conditions remain favorable, companies can continue raising capital, expanding their Bitcoin holdings, and reinforcing confidence in the corporate treasury model. However, tighter funding conditions can create pressure to generate cash, as illustrated by Strategy’s Bitcoin sale in May to help meet recurring obligations tied to its preferred stock.

Despite those concerns, Strategy’s shares continue to trade above the combined value of its Bitcoin holdings and US dollar reserves. QCP said this reflects investor confidence in the company’s ability to keep accessing capital markets, even though approximately $22.2 billion in preferred securities and convertible instruments rank ahead of common shareholders.

Outlook for Bitcoin in Q3

Looking ahead, QCP believes continued Bitcoin accumulation by Strategy and other publicly listed companies, combined with stable ETF inflows, could strengthen market demand and help restore confidence after the uncertainty seen in the second quarter.

On the other hand, slowing corporate purchases, weaker preferred share demand, shrinking mNAV premiums, or declining cash reserves could signal mounting financial pressure. If that happens, corporate treasury buying may become more selective, increasing downside risks for market sentiment.

Meanwhile, Bitwise Chief Investment Officer Matt Hougan recently said Strategy is unlikely to have the same impact on Bitcoin demand in the next market cycle as it has in recent years. Even so, he does not expect the company to become a significant seller and believes it will likely remain a net buyer if Bitcoin prices continue to recover.

Three Possible Scenarios for Bitcoin

QCP outlined three potential outcomes for Bitcoin during the third quarter. Its base case expects the asset to trade between $60,000 and $75,000 as ETF inflows stabilize and corporate treasury demand remains supportive.

A sustained move above $75,000 could pave the way for a rally toward the $80,000 to $82,000 range. However, renewed ETF outflows, a stronger US dollar, or rising real yields could push Bitcoin below the $58,000 to $60,000 region, reinforcing a more bearish outlook.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Bitcoin may be entering the final stretch of a historical bear market cycle, according to the latest Bitfinex Alpha report, although analysts caution that macroeconomic conditions will ultimately determine whether a sustained recovery takes hold.

Historically, Bitcoin has spent five to six months trading below the Short Term Holder Realized Price, a period often associated with prolonged market weakness. Bitfinex noted that the fifth and sixth months have typically marked the closing stage of that cycle before a broader recovery begins.

With July representing the fifth month of the current downturn, analysts believe Bitcoin could be approaching an important turning point.

Recovery Depends on More Than Historical Trends

While seasonal patterns have historically favored Bitcoin in July, Bitfinex warned that favorable timing alone is unlikely to trigger a lasting rally.

The firm said macroeconomic developments, particularly the June US Consumer Price Index report and ongoing geopolitical tensions in the Middle East, remain the biggest variables influencing market direction.

According to the analysts, Bitcoin’s recovery will require both supportive macroeconomic conditions and renewed demand rather than relying solely on historical cycle behavior.

Bitcoin Shows Resilience Despite Heavy Selling Pressure

Throughout July, Bitcoin has demonstrated notable resilience despite facing several major headwinds.

The cryptocurrency absorbed record corporate selling, including Strategy’s largest Bitcoin sale to date, while navigating uncertainty surrounding Federal Reserve policy and escalating geopolitical risks.

Despite those challenges, BTC has largely maintained a trading range between $61,300 and $64,700, suggesting buyers have continued to defend key support levels.

Institutional sentiment also showed early signs of improvement after US spot Bitcoin exchange traded funds ended a nine week streak of net outflows, recording approximately $197.4 million in net inflows for the first time in more than two months.

ETF Trends Remain a Key Indicator

Bitfinex believes the pattern of ETF flows may be more important than the headline figures themselves.

According to the report, most inflows occurred during relatively calm trading sessions and slowed whenever geopolitical tensions intensified, indicating that institutional demand has yet to establish a consistent foundation.

The firm identified the 30 day Simple Moving Average (SMA) of ETF net flows as one of the most important indicators to monitor.

That metric currently continues to reflect a broader trend of net outflows, with daily ETF redemptions recently totaling $88.9 million.

Whether the SMA begins to reverse in the weeks ahead may depend on whether Bitcoin’s historically strong July performance can outweigh persistent macroeconomic uncertainty and geopolitical risks.

For now, analysts believe Bitcoin is approaching a historically favorable point in its market cycle, but a lasting recovery will likely require stronger institutional demand and a more supportive macroeconomic backdrop.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Binance is marking its ninth anniversary by showcasing continued user growth and a broader push into traditional financial services, underscoring its evolution from a crypto exchange into a multi asset investment platform.

The company now serves 323 million registered users across more than 100 countries, cementing its position as one of the world’s largest digital asset platforms.

User Base Continues to Expand

According to Binance, its user community now represents roughly 43% of the estimated 741 million cryptocurrency owners worldwide.

The milestone highlights the industry’s rapid expansion since Binance launched in July 2017, when the global crypto population was estimated at fewer than six million users.

Despite mixed market conditions during the first half of 2026, Binance reported 7% growth in registered users. Institutional participation also continued to rise, with the number of institutional clients increasing by 9% over the same period.

Trading activity kept pace with the expanding user base. Binance processed an additional $11.4 trillion in trading volume during the first six months of the year, bringing its cumulative lifetime trading volume to $156 trillion, a 7.8% increase from the end of 2025.

Traditional Finance Becomes a Bigger Focus

Alongside its crypto business, Binance has continued expanding into traditional financial products.

The company said monthly trading volume across its traditional finance offerings has exceeded $80 billion since March, reflecting growing interest in products beyond digital assets.

A key addition was direct stock trading, introduced in June as part of Binance’s broader financial services strategy. The offering accumulated $1 billion in assets under management within its first month and generated more than $3 billion in cumulative trading volume.

Binance also reported strong early demand for its tokenized US equities, branded as Stocks. The product surpassed $100 million in assets under management within two weeks of launch, with nearly 47% of trading activity taking place outside standard US market hours.

Expanding Access to Global Markets

Co CEOs Yi He and Richard Teng said the company remains focused on serving both retail and institutional investors through a wider range of financial products.

According to the executives, recent launches such as direct stock trading and tokenized equities are part of Binance’s broader strategy to make global financial markets more accessible to users around the world.

To commemorate its ninth anniversary, Binance also unveiled a community campaign titled “Built by You,” featuring up to $4.5 million in rewards alongside an interactive virtual experience for users.

The milestone comes as regulatory frameworks continue to mature across major jurisdictions and institutional adoption remains one of the defining trends shaping the digital asset industry.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Cardano’s largest investors are steadily increasing their ADA holdings despite continued weakness in the token’s price and growing pessimism among retail traders, according to the latest on chain data from Santiment.

The analytics platform found that wallets holding between 100,000 and 100 million ADA now collectively control more than 25.6 billion ADA, the highest level recorded since February 2023.

In contrast, smaller wallets holding fewer than 100 ADA have trimmed their positions by roughly 0.7% over the past four months, highlighting a widening gap between institutional sized investors and retail participants.

Large Investors Continue Accumulating

Santiment said the accumulation trend comes at a time when Cardano is facing persistent fear, uncertainty, and doubt across the market.

ADA has struggled throughout 2026, with its price failing to meet investor expectations. A recent attempt to recover toward $0.20 quickly lost momentum, sending the token back to around $0.15, where it has fallen more than 11% over the past week.

Despite the bearish price action, whales have continued adding to their positions.

Santiment attributed part of the confidence among large holders to ongoing development within the Cardano ecosystem, including progress on the Leios testnet, continued upgrades to the Hydra scaling solution, advancements in Mithril, integration of Pyth Network oracles, and new ecosystem funding initiatives.

According to the firm, the combination of whale accumulation, declining retail participation, and weak market sentiment represents one of Cardano’s healthiest market structures so far this year, even if it does not necessarily point to an immediate price recovery.

Cardano Faces a Difficult Year

Cardano has encountered several challenges throughout 2026 despite continued technical progress.

Earlier this month, EMURGO announced it was stepping down from the Cardano Pentad, the network’s governance body, to focus on supporting users affected by the SecondFi exploit. The move sparked concern within parts of the community, with some members speculating that the organization may have faced financial strain following the incident.

The ecosystem has also experienced other setbacks this year. Analytics platform Tap Tools ceased operations, while the planned Cardano Summit Singapore 2026 was canceled.

Adding to the uncertainty, Cardano founder Charles Hoskinson previously warned that a wave of failures could impact decentralized finance projects built on the network.

Despite those challenges, development has continued behind the scenes, with the Cardano ecosystem pressing ahead on infrastructure upgrades that supporters believe could strengthen the network over the longer term.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic