Latest Crypto News: Pi Coin Jumps 10% as Fear Deepens

The global crypto market stabilized slightly on July 18, 2026, although investor sentiment remained weak. Total capitalization stood at $2.27 trillion, down 0.2% in 24 hours, while trading volume reached $62.3 billion. Bitcoin dominance remained at 56.4%, and Ethereum held 9.77%.

Latest crypto news
Pi Coin Defies Fear

Bitcoin and Ethereum Price Analysis

Bitcoin traded at $63,898.27, gaining 0.2% in one day. Its market capitalization reached $1.28 trillion, supported by $26.4 billion in trading volume. Ethereum slipped 0.75% to $1,840.28, with a market value of $222.08 billion and daily trading volume near $9.98 billion.

Top Crypto Gainers and Trending Coins

Trending tokens recorded sharp moves. Gitlawb surged more than 99,000%, AKEDO gained 62.46%, Orchid climbed 86.41%, and Cardano rose 4.16%. Pi Coin increased 9.57% to $0.08305. DeXe advanced 6.53% to $36.31, while Injective gained 6.23% to $5.18.

Leading Crypto Losers Today

Midnight led the daily losses, falling 7.98% to $0.02752. Audiera declined 6.64% to $2.40, while Celestia dropped 6.58% to $0.3701. These mixed movements showed that the crypto market remained highly selective despite improved headline performance.

Stablecoin and DeFi Market Update

Stablecoins gained 0.1%, lifting their combined capitalization to $304 billion, with trading volume reaching $52.6 billion. In contrast, decentralized finance declined 1.1%, recording a $66.5 billion market cap and $3.75 billion in volume. DeFi dominance stood at 4.2%.

Crypto Fear and Greed Index Falls

The Fear and Greed Index dropped to 25 from 27, placing the market in Extreme Fear. Regulatory uncertainty, weak risk appetite, and token selling pressured confidence despite smaller daily price losses.

Regulatory Developments Shape Market Sentiment

Regulatory developments also shaped the latest crypto news. United States CLARITY Act talks slowed after Democrats rejected a Republican proposal. France moved to block Polymarket over gambling concerns, while Nigeria created a Virtual Assets Committee for regulation, taxation, enforcement, and sandbox development.

In Europe, OKX introduced an optional USDT-to-USDC conversion supporting MiCA compliance. HSBC Orion received Bank of England approval to operate in the Digital Securities Sandbox, strengthening blockchain adoption in tokenized financial markets.

FTX Announces New Creditor Payout

FTX confirmed that nearly $900 million will be distributed to eligible creditors on July 31. Payments are expected within one to three business days after distribution begins. The payout could influence liquidity as creditors regain access to funds locked since the exchange collapsed.

Institutional Crypto Adoption Expands

Bank of America appointed Sonali Theisen to oversee digital assets, including tokenization, stablecoins, settlement, custody, and artificial intelligence. Consensys removed a contractor-linked developer allegedly associated with North Korea and reported no malicious code or security breach.

Cardano, BONK and Robinhood Updates

Other ecosystem updates included BONK treasury transfers to major exchanges, Cardano’s planned transfer of core development to external teams, and Robinhood’s efforts to expand DeFi access through Robinhood Chain. JUST DAO burned more than 355 million JST, permanently reducing circulating supply.

Cardano BONK Robinhood updates
Major crypto ecosystem updates

Uniswap Proposes Protocol Fee Burns

Uniswap proposed activating protocol fees across Ethereum, Base, Arbitrum, Robinhood Chain, and additional networks. Newly generated fees could support the existing UNI burn mechanism and reshape the token’s long-term economics.

What Changed in the Crypto Market?

Compared with July 17, conditions improved slightly. The daily market decline narrowed from 1.6% to 0.2%. Bitcoin moved from a loss to a small gain, while Ethereum’s decline eased. However, weaker sentiment showed that investors remained cautious.

Conclusion

Traders should monitor regulatory decisions, token distributions, ETF flows, stablecoin movements, and economic events. Extreme fear may create selective opportunities, but the market requires careful risk management, limited leverage, diversification, and confirmation before increasing exposure.

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