🟠 We are seeing a short squeeze in Bitcoin as bears who bet against the rally are being forced to buy back in. #BTC #bitcoin $BTC | TopCryptoNews on Binance Square

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🟠 We are seeing a short squeeze in Bitcoin as bears who bet against the rally are being forced to buy back in.
#BTC #bitcoin  $BTC 

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🏫 SEC Schedules Key Vote on July 17 to Conclude Ripple Case According to a report by crypto enthusiast BALE, the U.S. Securities and Exchange Commission (SEC) is preparing for a crucial vote regarding its long-standing case against Ripple. In a tweet published on July 14, BALE stated: “The SEC has scheduled a key vote for July 17. A decision on the complete dismissal of the case against Ripple is expected #SEC #XRP

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⚡️ Don’t Sell Your Cardano Until It Reaches $5 This Cycle: Analyst Despite the Cardano trend below $1, a top market analyst has warned against selling ADA this cycle before a six-fold rally. After a period of massive price uptrend, Cardano and the broader crypto market have consolidated slightly in the past 24 hours. For context, ADA is down 3.82% over the past day, correcting from a high of $0.76 yesterday. Nonetheless, its trajectory appears to still be up only from here, at least according to a recent analysis. Specifically, Mr. Banana has urged Cardano holders not to sell short of a new all-time high of $5 this bull cycle. When asked why he projected the price target, Mr. Banana stated that it is mainly due to strong fundamental analysis of the Cardano ecosystem. However, he did not provide further perspective on this claim. Nonetheless, the Cardano community has been buzzing amid strategic developments. First, the ecosystem has progressed in its course to unlock Bitcoin DeFi with the recent Lace Wallet rollout boosting momentum. Furthermore, a Cardano spot exchange-traded fund (ETF) could launch soon. A recent disclosure from Bloomberg’s senior ETF analyst Eric Balchunas suggests that there is a 90% chance of approval for the ADA-focused investment product before the end of 2025. Several other bullish fundamentals, like Cardano’s addition to the five assets in the US crypto stockpile and founder Charles Hoskinson’s mention in Donald Trump’s crypto cycle, have all sparked optimism among ADA proponents. Notably, an earlier parallel analysis suggests these developments should take Cardano to $10 this cycle. 🔸 Cardano Ready for a Massive Move Meanwhile, Mr. Banana identified a new price development in a parallel tweet, suggesting that Cardano is about to take off. He noted that the blue-chip asset is getting ready for a massive move as it approaches a major resistance level. For context, ADA’s 25% growth last week has brought prices closer to a support-turned-resistance zone. #ADA #Cardano

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💥 $HBAR Price Can Rise Another 27% as Mega Whales Tighten Grip on Supply The bullish momentum in Bitcoin and Ethereum seems to be spilling into altcoins, and HBAR is showing strong signs of accumulation. The price has already bounced back above $0.23 after a minor correction, and fresh whale demand could push the rally further in the coming days. 🔸 Mega Whales Accumulate at Fastest Pace This Month Whale wallets holding over $10 million worth of HBAR jumped from 81.72% to 87.56% between July 9 and July 15, according to the Hedera whale tracker. These mega whales now hold the highest share of supply seen in recent weeks. This sharp increase suggests high-conviction buying by large holders, often a sign of expectation for higher prices ahead. When deep-pocketed investors increase their stakes rapidly, it signals confidence, or alleged inside knowledge, in future upside. 🔸 Chaikin Money Flow Cools Off, Room to Run The Chaikin Money Flow (CMF), which tracks the volume and direction of money flowing in and out of an asset, had hit slightly overbought levels during HBAR’s recent rally. But as of July 15, the CMF has cooled off, indicating that the asset may have reset enough for bulls to push further. The HBAR price corrected over 9% day-on-day as the CMF cooled down, but quickly recovered to trade above $0.23 currently. CMF turning neutral after a price cooldown typically sets the stage for another breakout, especially when whales are simultaneously accumulating. 🔸 #HBAR Price Analysis: 27% Rally Still in Play HBAR is currently trading just above $0.23, having reclaimed that level after a 9% daily correction. This zone now acts as a key support level for the bulls to defend. The next upside target sits at $0.29, which marks a 27% rally from current prices, based on the levels projected by the Trend-based Fibonacci extension indicator. Trend-based Fibonacci extension is a tool that projects possible future resistance levels by measuring the length of a past price move and extending it forward from a key retracement point.

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🚀 Bitcoin Rally Stalls as Long-Term Holders Cash Out Bitcoin retreated from Monday's record high of $123,000 to trade below $117,000, about 5% below the peak, as investors locked in gains earned during the weekend rally in one of the largest profit-realization events for bitcoin this year. Glassnode data shows that investors collectively realized $3.5 billion in profit over the past 24 hours, with the majority going to long-term holders — defined as those who bought more than 155 days ago, who accounted for 56% of the total. The largest cryptocurrency's rapid rally from $108,000 to $123,000 left a notable supply gap because the swift price action meant little trading activity occurred in the $110,000 -$116,000 range. Glassnode’s UTXO Realized Price Distribution (URPD) sheds light on the move. It measures the so-called unspent transaction outputs (UTXO), which capture the prices at which bitcoin was bought and not sold. It represents the prices at which BTC is currently being held across the Bitcoin blockchain. 🔸 BTC: URPD (Glassnode) Each bar in the chart shows the amount of bitcoin that last moved within a specific price range. The entity-adjusted version of this data show above accounts for the average purchase price of each entity’s full balance and excludes internal transfers between addresses owned by the same entity, which do not represent genuine market activity. It also filters out supply held on exchanges, because aggregating millions of users’ funds into a single price point would create distortions in the data. With minimal supply sitting between $110,000 and $116,000, as shown by the dip at the right-hand side, the market remains vulnerable to sharp moves in either direction. #BTC #Bitcoin

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