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  • Iran-Linked Crypto Frozen Amid Renewed US Military Action

    Iran-Linked Crypto Frozen Amid Renewed US Military Action

    US Freezes $130 Million in Iran-Linked Crypto Amid Escalating Tensions

    The United States has frozen over $130 million in cryptocurrency assets tied to Iran, as hostilities in the Middle East continue to escalate.

    U.S. Treasury Secretary Scott Bessent confirmed on X, formerly Twitter, that the Treasury Department’s Office of Foreign Assets Control (OFAC) had sanctioned multiple cryptocurrency wallets connected to the Central Bank of Iran. Bessent stated that the action is part of a broader Treasury effort to disrupt and degrade Iran’s illicit financial activities. “We will continue to aggressively follow the money and deny the Iranian regime access to the proceeds of its illicit revenue schemes,” he added.

    In a separate report, blockchain investigator Specter revealed that stablecoin issuer Tether had frozen four TRON wallets holding approximately $131 million in USDT. According to Specter, most of the funds in these wallets were traced to withdrawals from payment service provider DTC Pay and cryptocurrency exchange Bitso before being frozen. Specter later indicated that the wallets are linked to OFAC-sanctioned entities, including the Islamic Revolutionary Guard Corps (IRGC) and the Central Bank of the Islamic Republic of Iran (Bank Markazi Jomhouri Islami Iran).

    This enforcement action comes as the situation between the U.S. and Iran has significantly deteriorated following the collapse of their ceasefire. The U.S. military announced it has reimposed its naval blockade of Iranian ports, a measure previously enforced between April and June. This development occurred as U.S. forces conducted a fourth consecutive day of strikes on Iranian targets. Meanwhile, Iran’s army reported launching drone attacks on Jordan’s Al-Azraq military base as part of the seventh phase of “Operation Lightning.”

    According to a statement broadcast by the state-run Islamic Republic of Iran Broadcasting (IRIB), the operation targeted facilities including locations housing F-18 fighter jets, accommodation buildings, and a large equipment shed. These latest military actions coincided with renewed warnings from Donald Trump, who stated in a television interview that the U.S. would target bridges and power plants next week unless Tehran returned to the negotiating table.

    This latest freeze follows another significant crackdown just months prior. In April, Tether froze over $344 million in USDT at the request of U.S. authorities.

    The U.S. Treasury also sanctioned Iran’s largest cryptocurrency exchange, Nobitex, along with Wallex, Bitpin, and Ramzinex, as part of the Trump administration’s “Economic Fury” campaign last month. U.S. officials alleged that these exchanges assisted Iran in evading sanctions, processing transactions linked to the IRGC, and moving funds through digital assets. The Treasury further claimed that Nobitex handled more than half of Iran’s cryptocurrency inflows in 2025 and facilitated the Central Bank of Iran’s access to hundreds of millions of dollars in stablecoins.

  • Jesse Pollak Steps Back From Base App Leadership, Refocuses on Global Finance Vision

    Jesse Pollak Steps Back From Base App Leadership, Refocuses on Global Finance Vision

    Jesse Pollak is stepping down from his role leading the Base App, shifting his focus to developing the Base blockchain as a platform for global finance. Leadership of the Base App will return to Coinbase, with Jordan Fish, also known as Cobie, set to take over its development.

    Pollak acknowledged on X (formerly Twitter) on Wednesday that his previous strategy for the Base App, which centered on on-chain social experiences and creator coins, did not achieve the anticipated adoption. He stated that prediction markets, perpetuals, and stablecoins emerged as more effective drivers of user engagement for the Base network.

    “The entire social side of the market that many of us had been building towards—Farcaster, Zora, miniapps, and yes, creator coins—disintegrated completely,” Pollak wrote. He admitted, “Whether it was timing wrong…or fully wrong, only time will tell, but regardless, I was definitively wrong.”

    Base, launched in 2023, is Coinbase’s Ethereum layer-2 network designed to facilitate faster and cheaper on-chain transactions. In 2025, Coinbase expanded the ecosystem with the Base App, which rebranded Coinbase Wallet into a comprehensive platform integrating crypto trading, social networking, messaging, AI tools, and creator monetization.

    Why This Matters

    This strategic pivot signifies a re-evaluation of Base’s product strategy, moving away from a social-centric approach towards more established financial use cases. Pollak’s acknowledgment that his prior strategy did not achieve expected adoption, coupled with the shift in focus to trading, payments, and AI agents, highlights a significant change in Base’s direction. The transition in leadership and focus underscores Base’s evolving direction within the blockchain landscape, aiming to become a blockchain for global finance.

    Leadership Transition and Future Development

    Pollak indicated that Cobie’s development of the Base App might diverge from his own preferences as the leader of Base, stating that Cobie will expand the app beyond the Base ecosystem in ways that Pollak “won’t love as the leader of Base.” He added, “we welcome the competition and believe it’s our duty to win the respect and commitment of those who rally to our banner.”

    Pollak’s future efforts will be dedicated to growing Base as a blockchain for global finance, with the long-term ambition of making it the platform where the world’s money settles over the next century. For the remainder of 2026, Base’s priorities are set to include trading, payments, and AI agents.

    Broader Context

    Source materials place the factual news in this context: Base is Coinbase’s Ethereum layer-2 network, built to make on-chain transactions faster and cheaper while serving as the foundation for Ethereum-based decentralized applications.

  • Binance XRP Holdings Reach Six-Month Low Amidst Mixed Market Signals

    Binance XRP Holdings Reach Six-Month Low Amidst Mixed Market Signals

    Binance’s XRP holdings have fallen to approximately 2.61 billion tokens, the lowest level in six months. This on-chain development is often interpreted as a sign of accumulation, suggesting investors are moving assets off exchanges for longer-term holding. However, the current market context for XRP presents a more complex picture, with historical seller dominance and immediate price resistance potentially tempering the impact of this signal.

    According to CryptoQuant contributor Arab Chain, meaningful inflows have not refilled Binance’s XRP reserves since early July. While coins leaving exchanges typically hint at accumulation, the market does not always reward patience immediately. In XRP’s case, weak sentiment and thin liquidity initially appeared to outweigh this on-chain indicator. Nevertheless, with buyers showing renewed interest, the trend of declining reserves may now carry more significance.

    Despite the potential for accumulation, the Binance CVD Confirmation Score remains negative at -6.93 million. This indicates that sellers have controlled the order flow since XRP traded above $2.00 earlier this year, suggesting that overcoming current price barriers may require sustained buying pressure.

    XRP is currently trading near $1.11, reflecting a roughly 4% gain over the past 24 hours. The $1.06 to $1.07 zone has demonstrated resilience, attracting buyers and absorbing recent pullbacks. However, immediate resistance is identified between $1.12 and $1.15, levels where previous rallies have repeatedly stalled. A convincing break above this resistance zone would likely require more than a single upward price candle; it would necessitate sustained buying pressure to shift the market’s balance.

    If buyers defend the current support levels and reclaim the $1.15 mark, momentum could potentially extend towards the $1.30 to $1.40 region. Conversely, if this support is not maintained, XRP might continue to trade within the $1.07 to $1.12 range as traders await a new catalyst. A daily close below $1.06 would weaken the current setup and could expose XRP to potential support levels between $0.95 and $1.00.

    Even with the recent price recovery, XRP remains approximately 70% below its all-time high near $3.65. This significant distance from its peak suggests considerable room for potential upside, but patience is noted as a key factor for investors. The current market dynamics highlight an asymmetry where traders seeking higher upside exposure might be drawn to assets with significant room for growth, though the immediate price action for XRP is constrained by defined resistance.

    Binance reserve data continues to be a closely watched signal as traders look for the next decisive move. The interplay between the on-chain signal of declining reserves and the persistent seller control, coupled with specific technical resistance, creates an environment of uncertainty regarding XRP’s immediate recent price action.

  • Ripple Expands Initiatives Amidst XRP Market Volatility and Divergent Price Predictions

    Ripple Expands Initiatives Amidst XRP Market Volatility and Divergent Price Predictions

    Ripple has recently announced a series of strategic partnerships and initiatives, including a significant focus on veteran support and membership in the x402 Foundation. These developments occur as the XRP token experiences market volatility, with analysts offering a wide spectrum of price predictions.

    Ripple’s Corporate Initiatives

    In its commitment to supporting veterans, Ripple has partnered with a nonprofit organization aimed at assisting unemployed veterans in finding employment. The company has pledged to match donations up to $10,000 towards this cause, which aims to help 200,000 people by 2030. Furthermore, Ripple announced that 25 veterans have been selected to receive a $10,000 grant.

    Expanding its reach into open-source standards, Ripple has joined the x402 Foundation as a premier member, alongside companies like Coinbase and Circle. This foundation focuses on developing open-source standards for AI-powered payments, which could facilitate trusted, interoperable machine-to-machine transactions. Markus Infranger, senior vice president of RippleX, commented on the collaboration, highlighting its potential for future payment systems.

    Ripple has also secured authorization as a Crypto Asset Service Provider (CASP) in the European Union and has established a marketing partnership with the Kansas Jayhawks. These moves underscore Ripple’s ongoing efforts to broaden its operational footprint and influence within the digital asset space.

    XRP Market Dynamics

    Meanwhile, the XRP token has seen varied market activity. The launch of spot XRP ETFs in the US in November 2025, initially met with significant investor enthusiasm and consistent inflows, has recently experienced a shift. In the last week of June, over $7 million exited XRP funds, breaking a period of sustained positive flows. This trend may indicate a reduction in exposure by conservative investors, such as pension funds and hedge funds, which could impact XRP’s price.

    As of July 15, XRP is trading around $1.11, marking a 3% increase on a daily scale. This uptick appears to be influenced by lower-than-expected US inflation data released on July 14, which positively affected the broader cryptocurrency market.

    Divergent Outlooks

    Despite these market movements, XRP remains a subject of diverse price predictions. Some analysts on platforms like Crypto X foresee new all-time highs, with figures like Crypto Patel projecting a rise to $9 and Celal Kucuker suggesting a potential increase to $7 later this year. Conversely, other market observers express caution. X user Diana noted that XRP recently dipped below the $1.08 support level, a development that could potentially lead to a short-term sell-off towards $0.87.

    The future price trajectory of XRP remains uncertain, with a wide range of predictions reflecting the inherent volatility and speculative nature of the cryptocurrency market. While Ripple continues to expand its corporate initiatives and regulatory standing, the market’s reaction to XRP is influenced by a complex interplay of investor sentiment, broader economic data, and varied analyst outlooks.

    Why This Matters

    The materials describe a narrow update: Ripple has announced several recent activities, including a partnership with a nonprofit to assist unemployed veterans, matching donations up to $10,000, and selecting 25 veterans for $10K grants. The future price of XRP is subject to a wide range of predictions, from new all-time highs to a significant crash.

    Broader Context

    Source materials place the factual news in this context: The company behind the popular cryptocurrency XRP has been quite active lately, announcing strategic partnerships and unveiling interesting initiatives.

  • UK Fraud Review Calls for Enhanced Judicial Training on Crypto and AI Scams

    UK Fraud Review Calls for Enhanced Judicial Training on Crypto and AI Scams

    A UK fraud review has recommended that the Judicial College bolster training for judges and magistrates to better handle cases involving cryptocurrency money laundering and AI-powered fraud. The review, titled ‘Fraud in the Digital Age,’ suggests that while existing legislation like the Fraud Act 2006 remains adequate, the judiciary requires improved equipping to address the increasing complexity and accessibility of these sophisticated crimes.

    The report, chaired by Jonathan Fisher KC, highlights that tools once exclusive to advanced criminals are now widely available, leading to a surge in fraud cases that challenge the capacity of non-specialist courts. The review notes that complex fraud work is often concentrated among a select group of judges in major cities, potentially leaving regional courts ill-equipped.

    The Growing Threat of Digital Fraud

    Fraud is estimated to account for a significant portion of crime in England and Wales, with approximately 4.1 million offences projected for the year to June 2025. This trend impacts both individuals and businesses, with one in 14 adults and one in four businesses potentially affected. The nature of these crimes is also evolving rapidly. According to the Financial Ombudsman Service, more than half of investment scams now involve crypto-assets. Furthermore, an Ada Lovelace Institute survey indicated that 58% of respondents had encountered AI-enabled financial fraud.

    Despite the prevalence of fraud, enforcement rates remain low, with only 13% of fraud outcomes resulting in a charge or summons. The review points to the case of Qian Zhimin as an example of the scale and complexity involved. Zhimin ran a Ponzi scheme in China that defrauded over 128,000 victims of approximately £5 billion. She subsequently laundered the proceeds into Bitcoin, leading to the largest reported Bitcoin seizure in UK history, exceeding 61,000 BTC. Zhimin was sentenced in November to 11 years and 8 months under the Proceeds of Crime Act 2002.

    However, the fate of the seized Bitcoin remains a point of contention, involving defrauded victims, the UK government, and China. Treasury officials have reportedly considered retaining some of the seized assets to bolster public finances, adding another layer of complexity to the case.

    Recommendations and Uncertainties

    The ‘Fraud in the Digital Age’ report, published on Tuesday, is the second from the Independent Review of Disclosure and Fraud Offences. It urges the government to task the Judicial College with reviewing and potentially updating its training programs. This could involve revising the existing ‘Long and Complex Trials’ course or developing a new, mandatory module specifically for judges likely to preside over complex fraud cases. Jonathan Fisher KC emphasized the value of broader judicial awareness regarding AI-enabled fraud and cryptocurrency-based money laundering.

    Key uncertainties remain regarding the Judicial College’s response to these recommendations, including whether the proposed training will become mandatory and how the complex asset recovery issues, such as those in the Qian Zhimin case, will be addressed. The review’s findings underscore the urgent need for the UK’s judicial system to adapt to the evolving landscape of digital crime.

    Why This Matters

    The materials describe a narrow update: A UK fraud review, chaired by Jonathan Fisher KC, has recommended that the Judicial College provide training for judges and magistrates on handling cases involving cryptocurrency money laundering and AI-enabled fraud. The Judicial College’s decision on updating or replacing the ‘Long and Complex Trials’ course.

    Broader Context

    Source materials place the factual news in this context: The recommendation lands in ‘Fraud in the Digital Age,’ the second report from the Independent Review of Disclosure and Fraud Offences, chaired by barrister Jonathan Fisher KC and published Tuesday by the Home Office.

  • Ripple Partners with x402 Foundation for RLUSD AI Payments; XRP Price Outlook Uncertain

    Ripple Partners with x402 Foundation for RLUSD AI Payments; XRP Price Outlook Uncertain

    XRP Price Edges Higher Amid AI Payment Developments, Chart Resistance Remains

    XRP’s price is once again drawing attention as it hovers around $1.11, marking a roughly 3.6% increase over the past 24 hours. Despite this upward movement, the cryptocurrency continues to face a significant resistance zone that has thwarted several intraday rallies this week.

    The current market action has been characterized by a gradual ascent rather than a decisive breakout. However, Ripple’s reported collaboration with the x402 Foundation to support AI payments powered by RLUSD is providing a renewed impetus to the long-term narrative surrounding the digital asset.

    The x402 initiative aims to establish RLUSD, Ripple’s dollar-backed stablecoin, as a settlement asset for autonomous AI agents. This concept has gained considerable traction, particularly after the XRP Ledger successfully processed over one million agentic transactions, each utilizing a fixed network fee of 0.0002 XRP. The x402 Foundation boasts an impressive roster of major industry players, including AWS, Google, Visa, Mastercard, Stripe, Circle, and Coinbase, underscoring the project’s substantial industry backing beyond mere promotional efforts.

    Ripple has expressed pride in joining the x402 Foundation as a Premier Member, stating, “As AI agents begin to take on more of the transaction lifecycle, they’ll need a way to pay that’s as fast and reliable as the way they already exchange data. We’ve been helping build that future on the XRP Ledger…”

    Concurrently, macroeconomic conditions have shown signs of improvement. The US consumer inflation rate for June registered at 3.5% year-over-year, aligning with expectations as energy prices contributed to a moderation in the monthly index. This development has somewhat alleviated concerns regarding tighter monetary policy, fostering a more positive sentiment across both equity and cryptocurrency markets.

    Ripple’s focus on payment solutions has been a consistent theme for months, and RLUSD continues to broaden its reach. Nevertheless, the price action needs to validate this narrative. Until buyers can engineer a clear breakout, XRP is likely to remain in a cautious, wait-and-see mode, with fundamental developments providing a supportive backdrop while technical charts present a degree of restraint.

    XRP is currently trading around $1.11, having climbed approximately 3.5% in the last 24 hours. The trading session saw a range between $1.06 and $1.12, with its market capitalization nearing $69 billion. The price is still consolidating below the $1.12 mark, a pattern that often suggests the market is accumulating energy before its next significant move.

    Support levels are holding firm around $1.05 to $1.06, areas where buyers have consistently emerged. Meanwhile, resistance extends from $1.11 to $1.15, a zone that sellers have defended on multiple occasions. Trading volume has also seen an uptick, hinting at potential accumulation, though a decisive close above $1.12 would lend further credence to this possibility.

    Three potential scenarios are currently in play. The most optimistic outlook involves a daily close above $1.15, which could pave the way for a move towards the $1.20 to $1.30 range over time. The base case scenario anticipates XRP trading within the $1.07 to $1.13 range as traders assess incoming macroeconomic data. This period of consolidation can sometimes be a deliberate market strategy to encourage patience.

    Conversely, the bearish scenario is straightforward. A decisive breach below $1.05, supported by substantial trading volume, would shift momentum back to sellers and could drive XRP prices down to the mid-$0.90s. While longer-term price forecasts remain constructive, the immediate future of XRP’s price action appears to be dictated by technical chart patterns.

    At a price of $1.10 and a market cap of $68 billion, XRP represents a substantial asset. However, the asymmetric upside potential that early adopters experienced is structurally less accessible at this scale. This mathematical reality often prompts traders to seek opportunities in earlier-stage projects.

    Technical analysis of XRP suggests that the next significant price movement could take several weeks to materialize, a timeframe that aligns with the investment window offered by presale opportunities.

    Maxi Doge ($MAXI), an ERC-20 meme token, has emerged with a unique concept: a formidable canine entity embodying 1000x leverage trading energy, coupled with community-driven mechanics that extend beyond typical meme coin pumps. The project has successfully raised $4.8 million, with its current presale price at $0.0002829 and offering a dynamic staking APY to holders. Key features include exclusive trading competitions for holders with leaderboard rewards, a Maxi Fund treasury dedicated to liquidity and partnerships, and a marketing strategy rooted in viral “gym-bro” culture.

  • Binance XRP Holdings Dip to February Lows Amidst Ripple Price Support Defense

    Binance XRP Holdings Dip to February Lows Amidst Ripple Price Support Defense

    Binance XRP Reserves Hit Lowest Level Since February Amid Price Rebound

    Binance’s holdings of XRP have dwindled to approximately 2.61 billion tokens, marking their lowest point since February and remaining at this level since the beginning of July. This decline in exchange reserves has coincided with a recent uptick in XRP’s price, which has gained over 3% in the past 24 hours, reversing a downward trend that had seen the token approach $1.06.

    Exchange Balance Drains Amid Limited Inflows

    According to Arab Chain, a contributor to CryptoQuant, there have been no significant inflows to replenish Binance’s XRP reserves in recent months. This lack of replenishment is the primary reason the reserve figure has stabilized near its February low, rather than increasing.

    A decrease in exchange balances is often interpreted as a bullish signal, suggesting that investors are moving their holdings into private wallets rather than preparing to sell. However, this signal has taken time to manifest in price action. Arab Chain noted that XRP had been declining towards $1.06 while reserves were depleting, indicating that factors such as liquidity, trading activity, and investor sentiment were overriding the impact of reduced exchange supply.

    Cumulative Volume Delta Signals Selling Pressure

    In a separate market analysis, the same analysts examined the Binance CVD Confirmation Score, which combines price data with Cumulative Volume Delta (CVD) to gauge the dominance of buy or sell orders in the spot market. The current CVD reading stands at -6.93 million, indicating that sell orders have outweighed buy orders as XRP has fallen from above $2.00 earlier this year towards the $1.07 level.

    Short-Term Outlook Remains Cautious

    The 30-day Price-CVD Confirmation Score is currently hovering near 0.84. While Arab Chain describes this figure as “reasonably healthy,” they believe it falls short of confirming a genuine shift in buying demand. According to their analysis, a sustained move into positive CVD territory, coupled with a stronger confirmation score, would be necessary to signal a true reversal in buying interest.

    Despite these cautious indicators, XRP’s price has seen a modest improvement. Data from CoinGecko shows the asset trading around $1.11 at the time of writing, having gained approximately 3.7% in the last 24 hours and fluctuating between $1.07 and $1.12 during that period. However, the world’s sixth-largest cryptocurrency by market capitalization remains down 7% over the past month and over 61% year-over-year. Daily trading volume has surged by 31% compared to the previous day, reaching $1.26 billion.

    Divergent Market Predictions

    The current state of XRP has led to divided opinions among market observers regarding its future trajectory. Popular trader Diana has identified $1.08 as a critical level, warning that a breach of this support could lead to XRP falling to the $0.90-$0.93 zone before potentially reaching the macro support at $0.87. Analyst CasiTrades shares a similar technical outlook, viewing a potential drop to $0.87 as the conclusion of a year-long correction.

    Conversely, other analysts are looking beyond short-term price fluctuations. Crypto Patel suggests that XRP is forming a pattern that has historically preceded rallies exceeding 1,000%. Crypto investor Celal Kucuker pointed to a 500% monthly gain two years ago as a reason to remain optimistic about XRP reaching $7 by the end of the year.

  • SMHUSDT Perpetual Contract Launches with 20x Leverage

    SMHUSDT Perpetual Contract Launches with 20x Leverage

    Bybit Launches SMHUSDT Perpetual Contract with Up to 20x Leverage

    Cryptocurrency exchange Bybit has announced the listing of its SMHUSDT Perpetual Contract, enabling traders to speculate on the price movements of the VanEck Semiconductor ETF (SMH) using Tether (USDT) as the settlement asset. Trading for the new contract is now live, offering leverage of up to 20 times.

    The SMHUSDT Perpetual Contract is also accessible through Bybit’s suite of Futures bots, including Futures Grid, Futures Martingale, and Futures Combo, providing automated trading strategies for users.

    Key details of the SMHUSDT Perpetual Contract include:

    • Underlying Asset: VanEck Semiconductor ETF (SMH)
    • Settlement Asset: USDT
    • Tick Size: 0.01
    • Maximum Leverage: 20x
    • Capped Funding Rate: 2.5%
    • Funding Fee Settlement Interval: Every 8 hours
    • Trading Hours: 24/7
  • Spot Trading Tick Size Updates

    Spot Trading Tick Size Updates

    Binance Adjusts Tick Sizes for Spot Trading Pairs to Enhance Liquidity

    Singapore, Singapore – [Date of Publication] – Binance, a leading cryptocurrency exchange, announced today that it will implement adjustments to the tick sizes for a select group of spot trading pairs. The changes, scheduled to take effect by July 22, 2026, at 05:00 (UTC), aim to boost market liquidity and refine the trading experience for users.

    The tick size, defined as the minimum increment by which a security’s price can change, will be modified for specific trading pairs. Binance has advised users to consult its Trading Rules for a comprehensive overview of tick sizes across all available spot trading pairs.

    These adjustments are not expected to impact the functionality of spot trading or other related services.

    API Users to See Tick Size Changes

    Application Programming Interface (API) users will also experience changes to tick sizes. Binance recommends that API users utilize the GET /api/v3/exchangeInfo endpoint to access the most current tick size information. Further details and updates will be available in the API Changelog.

    Existing spot orders will remain unaffected by the tick size update. Orders placed prior to the implementation of the new tick sizes will continue to be matched according to the original specifications.

    Binance encourages users to update their trading bots accordingly to mitigate any potential disruptions to their trading activities. The exchange has apologized for any inconvenience these changes may cause.

    Specific Tick Size Adjustments Detailed

    The following table outlines the specific tick size adjustments for the affected trading pairs:

    | Trading Pair | Previous Tick Size | Updated Tick Size |
    |—|—|—|
    | AUCTION/USDC | 0.01 | 0.001 |
    | AUCTION/USDT | 0.01 | 0.001 |
    | BB/TRY | 0.001 | 0.0001 |
    | BB/USDC | 0.0001 | 0.00001 |
    | BB/USDT | 0.0001 | 0.00001 |
    | BERA/TRY | 0.01 | 0.001 |
    | BERA/USDC | 0.001 | 0.0001 |
    | BERA/USDT | 0.001 | 0.0001 |
    | EPIC/USDC | 0.001 | 0.0001 |
    | EPIC/USDT | 0.001 | 0.0001 |
    | ETHFI/USDC | 0.001 | 0.0001 |
    | ETHFI/USDT | 0.001 | 0.0001 |
    | FIL/FDUSD | 0.001 | 0.0001 |
    | FIL/USDC | 0.001 | 0.0001 |
    | FIL/USDT | 0.001 | 0.0001 |
    | GLMR/USDT | 0.0001 | 0.000001 |
    | GTC/USDT | 0.001 | 0.00001 |
    | HFT/USDT | 0.0001 | 0.000001 |
    | LQTY/USDT | 0.001 | 0.0001 |
    | PEPE/JPY | 0.000001 | 0.0000001 |
    | QI/USDT | 0.00001 | 0.000001 |
    | RARE/TRY | 0.001 | 0.0001 |
    | RARE/USDC | 0.0001 | 0.00001 |
    | RARE/USDT | 0.0001 | 0.00001 |
    | RESOLV/TRY | 0.01 | 0.0001 |
    | RESOLV/USDC | 0.0001 | 0.00001 |
    | RESOLV/USDT | 0.0001 | 0.00001 |
    | STRK/TRY | 0.01 | 0.001 |
    | STRK/USDC | 0.0001 | 0.00001 |
    | STRK/USDT | 0.0001 | 0.00001 |
    | ZIL/USDT | 0.00001 | 0.000001 |

    Note on USDC Redemption

    Separately, holders of USDC have a legal claim against Circle SAS, the EU issuer of USDC. These holders are entitled to request redemption of their USDC from Circle SAS at any time and at par value.

  • Pi Network Price Surge: PI Jumps 10%

    Pi Network Price Surge: PI Jumps 10%

    PI Plummets 40% Amidst Sell-Off, Recovers 10% From Lows

    The cryptocurrency PI experienced a dramatic 40% decline this week, driven by a significant sell-off that pushed its price to consecutive all-time lows. However, the asset has since rallied 10% from these troughs, prompting speculation about whether a market bottom has been established.

    Key Technical Levels

    Key support for PI is identified at $0.07, while resistance levels are positioned at $0.10, $0.13, and $0.16.

    Market Downturn and Investor Sentiment

    PI endured one of its most challenging weeks of 2026 after losing the critical support at $0.10. This level subsequently flipped to resistance, triggering a wave of selling pressure that sent the price into a sharp decline, ultimately reaching a new record low of $0.07.

    Investor confidence appears to have evaporated, with buyers largely absent from the market. Data from the past ten days shows only a single day closing in positive territory, underscoring an overwhelmingly bearish sentiment. This suggests the downtrend may be entering a new phase where a bottom could form more rapidly.

    Signs of a Potential Rebound

    In the past several hours, PI has shown signs of recovery, trading at $0.08 as of press time. However, it remains uncertain whether this represents a sustainable rebound or a temporary “dead-cat bounce.”

    Factors Contributing to the Decline

    The loss of support at $0.10 coincided with a surge in sell volume, exacerbating the downward spiral. This likely triggered cascading liquidations, further intensifying pressure on the declining price.

    While selling pressure has eased compared to the previous day, the market remains dynamic, and the situation could still shift. The price has held above $0.07 and seen a bounce to $0.08, but this could be a brief pause before further declines to new lows.

    Momentum Indicators and Future Outlook

    Heavy selling has driven momentum indicators to extreme levels. The daily Relative Strength Index (RSI) is currently at 12, a historically low point for this cryptocurrency. Such extreme readings can often signal potential market bottoms.

    The hope is that this price action will mark the end of the downtrend, allowing PI to consolidate and confirm a stable bottom. Should the support at $0.07 fail to hold, buyers may retreat further, with potential support levels at $0.06 or even $0.05. The immediate resistance remains at $0.10.