Cryptocurrency
5 Short Squeeze Candidates To Watch This Week: Singing Machine Company, Revlon And More

Potential short squeeze plays gained steam in 2021, with new retail traders looking for the next huge move.
A short squeeze can occur when a heavily shorted stock rises in value instead of falling. Short sellers could be looking to close out their position and can face a loss if they have to buy back the shares they initially borrowed at a higher price.
A squeeze can occur when short sellers are forced into buying to cover their position, which can cause shares to move up higher on many occasions.
Fintel Data, which requires a subscription, provides a look at several of the top shorted stocks and how likely a short squeeze is to occur. Here’s a look at the top five short squeeze candidates for the week of July 11:
The Singing Machine Company: Karaoke audio equipment company The Singing Machine Company MICS tops the short squeeze leaderboard for the week. Shares of the company have risen from $5.50 to $8 in the last month. Fintel data shows 80.3% of the company’s float short and a cost to borrow of 106.5%, a combination that could suggest a short squeeze.
AeroClean Technologies: Air sanitization company AeroClean Technologies AERC is no stranger to the short squeeze leaderboard and comes in second place to start the week. Data shows 40.3% of the company’s float short and a cost to borrow of 320.9%, among the highest for the week. The company has been listed as a COVID-19 play with sanitization solutions for hospitals, offices and businesses against the virus.
Revlon: Cosmetics company Revlon Inc. REV continues to rank high on the short squeeze leaderboard. The company, which declared bankruptcy in June, has 53.9% of its float short and a cost to borrow of 894.0%, one of the highest figures on record. Shares of Revlon traded at under $5 prior to declaring bankruptcy and quickly fell to under $2. Shares have since rebounded and now trade higher than they did prior to the bankruptcy filing.
Applied UV: Infection control company Applied UV Inc. AUVI ranks fourth on the leaderboard with 36.9% of the float short and a cost to borrow of 181.2%. The company offers disinfectant systems for public use and hospitals.
Pennsylvania Real Estate Investment Trust: Mall owner and operator Pennsylvania Real Estate Investment Trust PEI ranks fifth on the leaderboard for the week. Data shows 393.2% of the float short, which may be elevated due to a reverse split. The cost to borrow on shares is 10.1%.
Related Link: 5 Short Squeeze Candidates To Watch This Week: Redbox And Chicken Soup For The Soul Both In Top Five
Other Stocks To Watch: Past the top five short squeeze candidates, two stocks made big jumps this week into the top 15 and could be short squeeze candidates in the future.
Outdoor cooking company Weber Inc. WEBR jumped 31 positions to 11th place. Data shows 58.2% of the float short and a cost to borrow of 60.3%.
Software company MicroStrategy Inc. MSTR jumped 44 positions to 12th place on the leaderboard. Data shows 37.1% of the float short and a cost to borrow of 10.6%. The company is a large holder of Bitcoin BTC/USD and a popular short candidate for those believing the price of the leading cryptocurrency will keep falling.
Cryptocurrency
Bitcoin Dominance Skyrockets as ETH and Other Altcoins Plummet

Bitcoin’s price took another turn for the worse in the past 24 hours after the US attacked multiple Iranian nuclear sites, and the asset plunged to a multi-week low.
The altcoins have posted even more notable price declines, which is evident from the growing BTC dominance.
Bitcoin Tries to Recover
The business week began on a different note as the primary cryptocurrency shot from under $105,000 to $109,000 by Tuesday. However, it faced an immediate and violent rejection that pushed it south hard as the tension in the Middle East continued to rage on.
In a matter of hours, BTC dumped to $103,500 before the bulls initiated an impressive leg up that drove the asset higher by around $3,000. Nevertheless, the overall negative market sentiment continued, and bitcoin started to lose value once again in the following days.
The culmination came earlier today as the US launched “successful” attacks against multiple nuclear sites in Iran, as described by the POTUS. Moreover, Trump warned that there will be more violent strikes if Iran decides to retaliate in any form.
Bitcoin’s price tumbled below $101,000 for the first time in almost three weeks. However, it remained within a six-digit price territory and has recovered to $102,500 as of now.
Its market cap is down to $2.040 trillion on CG, but its dominance over the alts has skyrocketed to almost 63% as most bleed out.
Alts Deep in Red
The rising BTC dominance in times when the cryptocurrency’s price is dropping means only one thing – the alts have it even worse. Interestingly, it’s not just the lower caps that are suffering badly. Ethereum, the largest of the bunch, has dumped by over 7% in the past 24 hours and is close to breaking below $2,200. Recall that ETH stood tall close to $2,800 just until a week ago.
Solana, Dogecoin, Cardano, SUI, LINK, HBAR, and LINK are also deep in the red from the bigger alts. Even more painful declines come from VIRTUAL, APT, INJ, TIA, TAO, SEI, JUP, FET, and PEPE, as all of them are down by double-digits on a daily scale.
These developments are only supporting a recent report, which claimed that those hoping for an altseason are relying mostly on “wishful thinking” rather than any hard data.
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Cryptocurrency
Bitcoin Volatility Liquidates $700M, the US Strikes Iran as Conflict Escalates (Weekend Watch)

Crypto markets are going through considerable volatility throughout the past 24 hours as international events are certainly playing their part.
Bitcoin dropped to an intraday low of around $101,000, causing a considerable uptick in liquidated positions.
Bitcoin Price Dips to $101,000
As CryptoPotato reported earlier today, Bitcoin’s price dipped to an intraday low of $101,000. It has since recovered a little bit and trades at $102,500 at the time of this writing.
That said, the volatiltity remains enhanced, which has resulted in a whopping $700 million worth of liquidated positions across derivatives markets.
Data from CoinGlass shows that this represents an increase of more than 55% compared to yesterday’s levels, attesting to the uncertainty of the ongoing situation.
The turmoil is largely caused by the US decision to strike Iran earlier today, despite Donald Trump saying that he will take two weeks to decide on future moves, just a few days ago.
Bahrain and Kuwait, home to US bases, also started making preparations for the possibility the conflict might spread to their territory in a clear sign of escalation. The same is true for Saudi Arabia.
Altcoins Deep in the Red
The declines spread across altcoin markets as well, which took even bigger of a beating. ETH plunged by more than 7%, SOL is down by over 6%, DOGE, ADA, LINK, SUI, and many more chart similar drops as traders derisk.
The obvious exception is LEO, which remains more or less break even on the day, at least from the top 50 cryptocurrencies by means of total market capitalization.
Today’s worst performer is Aptos (APT), followed by Virtuals Protocol, and Injective (INJ), all of which are down in the range between 10% and 13%.
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Cryptocurrency charts by TradingView.
Cryptocurrency
DeXRP, the First-Ever DEX on XRPL Announced Its IDO – Amidst the Ripple Rally

[PRESS RELEASE – Dubai, UAE, June 20th, 2025]
The DeXRP team has introduced a decentralized exchange (DEX) on the XRP Ledger (XRPL), aiming to establish a transparent trading environment for XRP holders and enthusiasts.
This development coincides with notable growth in the XRPL ecosystem, as Total Value Locked (TVL) has increased from $16 million to $80.63 million in recent months.
Like Jupiter or 1Inch, DeXRP combines a dual trading model with AMM and full Order Book to support both individual users and institutional participants.
DeXRP IDO Details
DeXRP Initial DEX Offering (IDO) is currently live. For the Presale is allocated 25% of the total supply – 500,000,000 DXP.
The DeXRP team has already announced the listing price at $0.35, while the current presale round price is $0.00525.
To join the DeXRP IDO, an investor should connect their wallet on the DeXRP Presale page and choose the suitable currency for purchasing.
Early participants can buy DeXRP tokens (DXP) with ETH, BNB, SOL, XRP, BTC, and USDT, as well as bank card transactions.
To learn more about the IDO of DeXRP: https://dexrp.org/uEBXmVh0JwW
DeXRP Protocol
For institutional investors and traders, DeXRP combines both an integrated AMM system and a full Order Book with a Hybrid Trading Model.
The backbone for every DEX is the liquidity providers, and DeXRP is designed to fairly reward all LPs participants;
- Optimised Liquidity Aggregation
With LP tokens, holders will participate in a fee auction for discounted trading slots, premium features, DEX voting mechanism and access to new trading pairs and pools.
- Yield Multipliers and Advanced Trading Features
DeXRP introduces customizable yield multipliers to grant liquidity providers enhanced LP rewards with individual adjustment instruments. With full commitment control, users can maximise their earnings.
Tokenomics
$DXP is the utility token for DeXRP, and it grants holders: trading fee discounts, access to premium tools, participation in fee auctions, and much more.
Liquidity providers are eligible for LP token-based rewards and may participate in DeXRP’s upcoming fee auction model to access discounted trading slots and exclusive features.
The DeXRP team also plans to introduce airdrop and bounty initiatives to increase community engagement and platform awareness.
For additional updates and participation details, users may refer to DeXRP’s official channels:
About
DeXRP is a next-generation Decentralised Exchange powered by XRPL that combines deep liquidity, ultra-low fees, and a dual-trading model to deliver an institutional-grade trading experience for everyone, from crypto newcomers to pro traders.
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