Crypto Entrepreneur. 10 years TA FA. Founder of CryptoPatel. Alpha Hunter. SMC and ICT Trader. Sharing 10x Gems, X: CryptoPatel, Pro Setups, Market Trends ๐
๐ฎ๐ณ JUST IN: India's Parliamentary Standing Committee on Finance today tabled its report on the Securities Markets Code, 2025.
Among its recommendations: a comprehensive statutory framework for Virtual Digital Asset, with an interim regulatory mechanism through recognised Self-Regulatory Organisations (SROs) until that legislation is introduced.
โ Tabled in Parliament: 23 July 2026 (source: ANI) โ Recommendation sits inside the Securities Markets Code report, not the separate crypto study โ The awaited "A Study on VDAs & Way Forward" report is still NOT tabled โ Committee recommendations are advisory, not law โ No change to 30% tax or 1% TDS
$HYPE Is Repeating The Same Institutional Pattern That Triggered Its Last ATH
Most traders see weakness. Institutional traders see liquidity.
The weekly structure is approaching a high-probability confluence zone where multiple technical factors align: โถ๏ธ Weekly Fair Value Gap (FVG): $47โ54 โถ๏ธ Bullish Order Block: $38โ43 โถ๏ธ 0.382โ0.5 Fibonacci Retracement overlap โถ๏ธ Higher High + Higher Low market structure remains intact โถ๏ธ Nearly identical price action to the previous correction before a new ATH
This isn't a bearish reversal. It's liquidity reset designed to rebalance inefficiencies before the next expansion.
If buyers defend this confluence, the path toward reclaiming the ATH and entering price discovery becomes increasingly likely.
The only macro invalidation is a weekly close below the 0.618 Fibonacci level around $34.
The biggest opportunities rarely come from chasing green candles. They come when price revisits institutional demand while everyone else is calling for a bear market.
$ENA Could Be Setting Up For A 20x Moveโฆ This One Level Changes Everything
$ENA Could Be Setting Up For A 20x Moveโฆ This One Level Changes Everything #ENA Has Completed Two Nearly Identical -73% Distribution Legs, Swept ATL Liquidity, And Built A 5-Month HTF Accumulation Base. Structure Is Improving, But Confirmation Is Still Needed. Technical Structure โ 20-Month Compression Ended With HTF Breakdown โ -94% Down From ATH $1.52 โ Perfect Support โ Resistance Retest Triggered Final -73% Decline โ Two Symmetrical -73% Legs Suggest Distribution May Be Complete โ HR-HR Accumulation Zone: $0.077โ$0.056 โ ATL Liquidity Sweep Completed Around $0.0699 โ Bullish Weekly Reclaim Above Range High โ HTF Bias Turns Bullish Above $0.1402 โ Weekly Invalidation: $0.054 โก๏ธ Apr 2024: ATH โ Distribution Begins โก๏ธ Nov 2025: HTF Breakdown Confirmed โก๏ธ Jan 2026: Failed Retest Completes Markdown โก๏ธ FebโJul 2026: 5-Month Accumulation Base โก๏ธ Current Phase: Accumulation โ Prove-It Scenario 1 โ Accumulation Continues: As Long As ENA Holds $0.077โ$0.056, The Base Remains Valid. A Retest Of $0.078โ$0.082 Could Offer A Better Spot Entry. Scenario 2 โ HTF Breakout: A Weekly Close Above $0.1402 Confirms Trend Reversal And Opens The Path Toward: $0.25 โ $0.52 โ $1.2 โ $2+ Fundamental View: โ Fee Switch Improves ENA Value Capture โ Institutional Adoption Continues Growing โ ๏ธ Token Unlocks Remain The Biggest Risk โ ๏ธ $USDE Supply Growth Is A Key Metric To Watch The $0.077โ$0.056 Zone Offers One Of The Best Long-Term Risk/Reward Setups, But Patience Is Critical. A Confirmed Bull Market Begins Only Above $0.1402. TA Only. Not Financial Advice. ALWAYS DYOR. #Ethena #CryptoPatel
Ethereum Just Flashed Its Strongest Bullish Derivatives Signal in 6 Months
$ETH funding rate SMA on Binance just hit a 6-month high.
This shows traders are increasingly paying to stay long, signaling growing bullish conviction. Still, funding isn't overheated yet, meaning the rally could have more room before excessive leverage becomes a risk.
BlackRock, Coinbase & Strategy Pledge $15M to Bitcoin Security
Nine of the biggest names in institutional Bitcoin have launched the Bitcoin Security Consortium today.
Founding members: BlackRock, Coinbase, Strategy, Fidelity Digital Assets, ARK Invest, Block, Blockstream, Galaxy, Anchorage Digital
What they pledged: โ $15 million over 3 years โ Funding for open-source Bitcoin developers and researchers โ Post-quantum cryptography research as a top priority โ Coordinated by Mike Schmidt, Executive Director of Brink (volunteer role)
What they will NOT do: โ No control over Bitcoin's protocol โ No position on protocol changes โ No pooled fund, each firm funds developers directly
Bitcoin Core development has always run on limited donations. Wall Street now has a direct financial reason to keep the network secure, they hold the coins.
But read the fine print: โ ๏ธ Individual contributions were not disclosed โ ๏ธ Recipients were not named โ ๏ธ Galaxy announced a separate $5M quantum fund on July 21, the consortium did NOT say whether it is counted inside the $15M
Split across 9 firms over 3 years, that is roughly $555K per firm per year. Meaningful for developer funding. Small for BlackRock.
Bitcoin futures trading spiked when $BTC dropped near $60K
Now, trading activity is slowing down, showing that panic is fading and the market is settling. A calm market like this often comes before the next big move.
The US SEC has settled a Freedom of Information Act (FOIA) case linked to Coinbase. Here is what actually happened ๐
โช๏ธ It's a settlement, not a court win. Both sides filed a joint report on 22 July to close the case. โช๏ธ The $150,000 is legal fees, not a fine. It goes to History Associates, the firm that filed the case for Coinbase in 2024. โช๏ธ The SEC will release 2 documents it had held back and must disclose how it saves official text messages. โช๏ธ Backdrop: the SEC's own watchdog found nearly a year of ex-Chair Gary Gensler's texts were auto-wiped from his device.
$150K is pocket change. The real value is transparency, A US regulator admitted its record-keeping failed. Watch those 2 unsealed documents.
Many accounts are posting "Coinbase WINS lawsuit", that framing is wrong. Always check the source.
BIG UPDATE: BitMEX Is Shutting Down: Withdraw Your Funds Now
BitMEX, the exchange that invented the 100x perpetual swap, is closing after 11+ years.
Key Dates ๐น 23 July 2026: New registrations stopped (already live) ๐น 26 Aug 2026, 04:00 UTC: Reduce-only mode. No new positions ๐น 23 Sept 2026, 04:00 UTC: Full shutdown. All open positions force-closed
What You Must Do โ Close all open positions early โ Withdraw every asset before 23 Sept โ Don't wait for the last week, withdrawals may be slow
The Fee Trap Nobody Is Talking About: If you leave funds on BitMEX after closure, you'll be charged $50 per month or 1% per year, whichever is HIGHER. And BitMEX says this fee can increase later.
Other Things You Should Know: ๐น All staked $BMEX tokens have been unstaked, available in your account now ๐น Low-liquidity contracts will be settled early ๐น You can still log in after closure to withdraw ๐น BitMEX warns about phishing scams promising "fast withdrawals", no such service exists
Why It Matters: This isn't a hack or a bankruptcy. BitMEX had zero funds lost to hacks in its entire history. HDR Global Trading simply decided to close after a strategic review. CEX perp volume dropped 10% to $12.7T in Q2 2026, while Hyperliquid became the #2 perps venue by open interest. The company that created the perp got outrun by a DEX trading its own invention.
๐น Multicoin Capital unstaked 1.96M $HYPE (~$120M) across three wallets. ๐น Selini Capital unstaked 504K $HYPE (~$31M). ๐น Multicoin has already deposited 395,570 HYPE (~$23.8M) to Coinbase Prime and requested another 211,486 HYPE to be unstaked.
On-chain data suggests this is primarily profit realization rather than forced selling. Multicoin accumulated 606K #HYPE ($36.5M) near the $30 range and is sitting on an estimated ~$18.5M profit.
Large unstaking events often increase short-term supply and volatility, but they don't necessarily signal a bearish trend reversal.
If distribution continues, the $50 region could emerge as the next major demand zone worth watching.
U.S. BITCOIN ETFs BOUGHT ~1,047 BTC Worth $68.99M ๐บ๐ธ BlackRock ETF Has BOUGHT 589 BTC for $38.78M And 27,770 ETH for $53.47M ๐บ๐ธ Fidelity ETF Has BOUGHT ~326 BTC for $21.49M And 9,960 ETH for $19.18M ๐บ๐ธ Morgan Stanley ETF Has BOUGHT ~57 BTC for $3.77M ๐บ๐ธ Grayscale ETF Has SOLD ~6 BTC for $0.42M ๐บ๐ธ Bitwise ETF Has BOUGHT ~81 BTC for $5.36M
Fact: U.S. Spot Bitcoin ETFs BOUGHT Nearly 2 Days Mined BITCOIN Supply Yesterday.
โ ๏ธ Read This Before You Take Your Next Trade Most Traders Believe They Lose Money Because They Don't Catch Every Big Move. That's Rarely The Real Reason. The Biggest Losses Usually Come From Trading When There Was Never A Valid Opportunity In The First Place. The Market Doesn't Pay You For Being Active. It Pays You For Being Patient. Professional Traders Don't Wake Up Thinking, "I Need To Place A Trade Today." They Wake Up Thinking, "I'll Trade Only If My Edge Appears." That Single Mindset Changes Everything. Every Unnecessary Trade Carries Hidden Costs: ๐น Emotional Stress. ๐น Poor Decision-Making. ๐น Increased Fees. ๐น Lost Confidence. ๐น A Damaged Trading Account. The Market Offers Thousands Of Candles Every Week, But Only A Handful Of High-Quality Opportunities. Your Job Isn't To Trade Every Chart. Your Job Is To Protect Your Capital Until The Probabilities Are Clearly In Your Favor. Patience Isn't Wasted Time. Patience Is Part Of The Strategy. Think About It Like A Sniper, Not A Machine Gun. A Sniper May Wait For Hours Without Taking A Shot Because One High-Probability Opportunity Is Worth More Than A Hundred Random Attempts. Trading Works The Same Way. If Your Setup Isn't There, Doing Nothing Is Often The Most Profitable Decision You Can Make. Remember: The Market Will Always Create Another Opportunity. The Capital You Lose By Forcing Trades May Never Come Back As Easily. The Traders Who Survive For Years Aren't The Ones Who Trade The Most. They're The Ones Who Know When Not To Trade. Protect Your Capital. Protect Your Mindset. Wait For Your Setup. The Market Rewards Discipline Far More Consistently Than It Rewards Impatience. #BitcoinETFAUMReaches$80.9B #SecondFiToShutDownAfter16.1MADATheft #CryptoPatel
Fresh Capital Isn't Flooding Back Into Crypto... Yet. ๐น Exchange Inflows: +$62.8M ๐น Exchange Reserves: Down To ~$61.8B ๐น Minting โ Redemptions (~$1.5B)
There's Some Fresh Liquidity Entering Exchanges, But The Bigger Pool Of Buying Power Keeps Shrinking. That's Not The Fuel You Want To See Before A Major Bullish Expansion.
$BERA HIGH-RISK ACCUMULATION BEFORE POTENTIAL TREND REVERSAL
#BERA has been trading inside a long-term downtrend (-98% Down From ATH) after multiple breakdowns, but price is now approaching a major high-risk accumulation zone where a reversal could begin if demand steps in.
Technical Structure: โ Multi-month descending trendline still acting as resistance โ Two major breakdowns completed โ capitulation phase โ Price entering HTF accumulation / demand zone โ High-risk, high-reward positioning near cycle lows โ Break above the descending trendline could trigger a strong trend reversal
Bullish bias. This is a high-risk accumulation setup. Wait for strong confirmation (trendline breakout / HTF MSS) before expecting continuation toward buy-side liquidity.
Gentle Reminder: For The First Time In Bitcoin's History, The Price Has Closed Below The Electrical Cost (EC).
1๏ธโฃ 1st EC Touch (No Close Below) โ +1,900% In 19 Months 2๏ธโฃ 2nd EC Touch (No Close Below) โ +700% In 3 Years 3๏ธโฃ 3rd Time? Price Didn't Just Touch EC โ It Closed Below EC.
Is This The Cycle Bottom Before #Bitcoin Next Rally Toward $300K?
#Zilliqa has disclosed a critical vulnerability in its Ledger app that could allow attackers to recover private keys from native (non-EVM) ZIL transactions after just a few on-chain signatures.
The news triggered strong market volatility, with $ZIL falling around 9% over the past 24 hours.
๐น EVM transactions are NOT affected. ๐น Native ZIL transactions remain suspended while a remediation plan is finalized. ๐น Users who signed native ZIL transactions with a Ledger device should wait for official instructions and avoid taking independent action.
KuCoin was acknowledged for helping identify the vulnerability and supporting the coordinated response.
Zilliqa disclosed a critical Ledger app vulnerability that can expose private keys after multiple native transactions. Native transfers are suspended, while EVM transactions remain unaffected.
Following the incident, Upbit has placed $ZIL under a Cautionary Asset designation and suspended deposits/withdrawals. If the issue isn't fully resolved, #ZIL trading support could be discontinued. Stay cautious and avoid using affected Ledger wallets.
Zilliqa disclosed a critical Ledger app vulnerability that can expose private keys after multiple native transactions. Native transfers are suspended, while EVM transactions remain unaffected.
Following the incident, Upbit has placed $ZIL under a Cautionary Asset designation and suspended deposits/withdrawals. If the issue isn't fully resolved, #ZIL trading support could be discontinued. Stay cautious and avoid using affected Ledger wallets.
The Next Key Question: Can bulls now push toward the $3,500 zone?
As long as #ETH holds above the breakout level, momentum favors higher prices. But $3,500 remains the first major resistance where profit-taking could emerge.