Thursday, July 30, 2026
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Crypto Information At the moment (July 29): BTC Loses $64K Following FOMC, Tether Expands into Africa, and the US Targets Iran’s Crypto

In crypto information at present (July 30), Bitcoin climbed -0.5% in a single day, dropping beneath $64,000 following yesterday’s FOMC assembly, during which a price hike wasn’t introduced however SEC Chair Paul Atkins hinted at hikes to come back, inflicting a slight sell-off throughout crypto. Nonetheless, crypto held up nicely compared to the US inventory market, which noticed $1Bn worn out in a single day.

One glimmer of hope from yesterday got here within the type of ETF flows. Bitcoin funds snapped a four-day outflow streak, ending the day with $32.1M in inflows, with BlackRock shopping for $89.8M, countering Constancy promoting $43.1M in BTC.

 

With the whole crypto market cap down round -0.5% in a single day, it has dropped to $2.27 trillion. Each day buying and selling quantity throughout crypto sits at $63.4Bn, up from yesterday’s determine of round $61Bn.

The Concern & Greed Index is sitting at 28/100, down one level from yesterday, and inside ‘Concern’ territory. This lack of motion displays a market nonetheless digesting yesterday’s speech from Paul Atkins on the FOMC assembly earlier than making strikes.

Crypto Information At the moment: US Targets Iran’s Crypto Holdings, Sanctions Iran’s HormuzSafe over Bitcoin Funds Used to Evade Restrictions

The US Treasury Division has imposed sanctions on two Iranian maritime organizations linked to an insurance coverage community that it claims is managed by the Islamic Revolutionary Guard Corps (IRGC). Officers acknowledged that one in all these entities accepted Bitcoin and different digital belongings to bypass worldwide sanctions.

Based on the Treasury’s press launch, the Workplace of International Belongings Management (OFAC) sanctioned the Persian Gulf Marine Insurance coverage Firm and the HormuzSafe Marine Companies Authority. US authorities allege that these organizations operated an insurance coverage scheme requiring business vessels to buy authorised insurance policies earlier than passing via the Strait of Hormuz.

The Treasury additionally added eight firms related to Iran’s so-called shadow fleet to its sanctions listing and blocked eight vessels. OFAC claims HormuzSafe accepted funds in Bitcoin and different cryptocurrencies to evade sanctions.

The company alleges that the proceeds from these actions have been used to finance the Islamic Revolutionary Guard Corps (IRGC) and that the scheme contributed to Iran’s strengthened management over transport within the Strait of Hormuz.

Tether Expands Into Africa With Nairobi Trade Deal

In different crypto information at present, Tether has signed a memorandum of understanding with the Nairobi Securities Trade (NSE) to discover blockchain-based capital market infrastructure, tokenized securities, and digital asset training in Kenya. This partnership is a part of a broader effort to modernize one in all Africa’s largest inventory exchanges and to develop entry to digital monetary companies for each native and worldwide traders.

Based on Tether, the settlement focuses on evaluating blockchain functions for securities buying and selling, enhancing investor training, and enhancing market infrastructure. It helps the NSE’s broader technique to undertake new monetary applied sciences and improve participation in Kenya’s capital markets.

The collaboration will look at how distributed ledger know-how (DLT) can facilitate the tokenization of economic belongings and scale back settlement instances on the Nairobi Securities Trade. The businesses plan to evaluate the usage of Tether’s Hadron tokenization platform to allow the issuance and buying and selling of tokenized securities and different real-world belongings.

The initiative additionally consists of exploring prompt settlement mechanisms that might exchange the change’s present multi-stage settlement course of. Moreover, the potential use of USDT as a part of a digital settlement infrastructure can be reviewed, the place permitted beneath relevant laws.

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Alex Ioannou

Alex Ioannou

On-Chain Journalist

Alex is a seasoned cryptocurrency dealer and market analyst with over seven years of lively expertise within the digital asset house. Since getting into the markets in 2017, Alex has specialised in figuring out rising “meta” developments and high-volatility narratives. Notably, Alex…
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