Из жизни альткоинов
В Госдуму внесли законопроект о штрафах за нелегальный оборот криптовалют
US Treasury Starts GENIUS Act Rollout With Notice Of Proposed Rulemaking
The US Treasury on Wednesday published a notice of proposed rulemaking (NPRM) that launches the administration’s first formal effort to implement the GENIUS Act, the new federal law governing payment stablecoins that was signed by President Donald Trump last year.
The NPRM is the Treasury’s initial regulatory proposal to give effect to the statute’s requirements and solicits public comment on how the department intends to apply the law.
GENIUS Act’s Proposed RulesUnder the GENIUS Act — formally titled the Guiding and Establishing National Innovation for US Stablecoins Act — Treasury is charged with setting out, through notice-and-comment rulemaking, high-level principles for assessing whether a state regulatory regime is “substantially similar” to the federal framework.
The department’s 87-page proposed rule explains how it expects federal and state authorities to interact under the new regime and identifies matters on which Treasury seeks input from stakeholders.
Treasury’s proposal signals that it anticipates states will look to federal guidance, including standards the Office of the Comptroller of the Currency (OCC) has proposed, when deciding how prescriptive their own rules should be.
The NPRM cites the OCC’s approach, which the OCC says is intended to be flexible and calibrated to the nature, scope, and risks posed by a permitted payment stablecoin issuer’s activities.
Treasury’s draft leaves room for states to adopt principles-based requirements, indicating that state regulators will have discretion to design standards for issuers who qualify under a state regime.
The ultimate effects will depend on the specific content of each state’s regulatory regime, which the proposal anticipates could vary widely because the GENIUS Act grants states discretion in implementing their own frameworks.
Treasury Draft Sets TimelineThe draft rule also sets out the transition timeline and market consequences contemplated by the statute. Once the GENIUS Act takes effect, entities will be barred from issuing payment stablecoins in the United States unless they are authorized as permitted payment stablecoin issuers.
In addition, the statute makes it unlawful, beginning July 18, 2028, for digital asset service providers to offer or sell unlicensed stablecoins to persons located in the United States.
To preserve a state-option pathway for smaller issuers, the law allows a state to license payment stablecoin issuers with a consolidated total outstanding issuance of no more than $10 billion, but only if the state certifies that its regulatory regime is substantially similar to the federal framework.
Taken together, the department is seeking public input on the proposal’s details as it moves toward finalizing rules intended to implement the GENIUS Act’s structure for supervision, licensing, and consumer protections in the stablecoin market.
Featured image from OpenArt, chart from TradingView.com
В Воронеже инженер организовал сеть нелегальных ферм для майнинга
Экс-главу Huione Group экстрадировали в Китай по подозрению в отмывании денег
Chainlink Is Being Quietly Targeted By Large Players. Find Out What The On-Chain Data Is Showing
Chainlink has been struggling. The altcoin market is brutal. And quietly, the largest players in the market appear to have started paying attention to LINK in a way they are not paying attention to everything else.
Analyst Darkfost has identified a pattern that stands out against one of the most hostile environments for altcoins in recent memory. While the broader sector continues to deteriorate — more than 40% of altcoins at or near all-time lows, liquidity draining across the board — targeted activity from large players is beginning to surface on specific tokens. Chainlink is one of them.
The methodology Darkfost applies is straightforward and battle-tested: track where the largest holders are moving their coins, and watch whether those movements point toward accumulation or distribution. When whales begin withdrawing assets from exchanges at scale, it signals a specific behavioral shift — coins moving off the trading venue, into private custody, away from the available sell-side pool. That behavior does not happen by accident. It happens when large players have reached a conclusion about an asset that the broader market has not yet reached.
The altcoin market is not rewarding patience right now. Something in the LINK on-chain data suggests certain participants believe that is about to change.
The Data Has Two Peak Days and a Rising AverageDarkfost’s on-chain breakdown gives the whale signal its specific form. Among the Top 10 daily outflow transactions on Binance, two days have recorded peak withdrawals exceeding 8,000 LINK in a single session — standout events in a chart that had been relatively quiet. More telling than the peaks, however, is what has happened to the baseline.
Since mid-February, the monthly average of Top 10 outflows has risen from approximately 2,000 LINK per day to nearly 2,600 — a 30% increase in the sustained activity of the largest outgoing transactions. Peaks can be anomalies. A rising average is a trend.
In the context of an altcoin market where generalized weakness has become the default condition, that trend carries a specific implication. Large players are not withdrawing LINK from Binance because they intend to sell it elsewhere. Withdrawals to off-exchange storage mean the opposite: coins removed from the sell-side pool, held in private custody, unavailable for immediate distribution. That behavior, sustained over weeks, is the behavioral signature of accumulation.
Darkfost’s caution is precise and deserves to be preserved rather than minimized. Previous accumulation episodes during this correction — some more pronounced than the current one — failed to break the downtrend. The whale signal on Chainlink is real and measurable. Whether it is sufficient to change the market’s direction is a question the coming weeks will answer.
The signal is there. The confirmation is not yet.
Chainlink Tests Lows as Trend Structure WeakensChainlink is trading near the lower end of its multi-year range, with price hovering around the $9 level after failing to sustain multiple recovery attempts. The chart shows a clear sequence of lower highs since the 2024 peak, confirming a persistent downtrend that has gradually eroded bullish structure.
Price is now positioned below the 50-week and 100-week moving averages, both of which have turned downward and are acting as dynamic resistance. This alignment reinforces the idea that momentum remains firmly against bulls. The 200-week moving average, slightly above current levels, is being tested as a potential support zone — a level that historically carries structural significance. A sustained break below it would likely shift the long-term outlook decisively bearish.
Volume patterns add context. The sharp spikes during sell-offs suggest periods of aggressive distribution, while recent rebounds have occurred on relatively weaker volume, indicating limited conviction from buyers. This imbalance typically precedes either prolonged consolidation or another leg lower.
Despite the weak structure, the current zone is not irrelevant. Historically, similar levels have attracted accumulation phases. The key question is whether demand reappears with strength, or if this range becomes a temporary pause before continuation to the downside.
Featured image from ChatGPT, chart from TradingView.com
Банк России: 84% финансовых пирамид используют криптовалюты
Терпение или реакция: «Diamond hands» и «Paper hands» на крипторынке
Ripple’s New Treasury Update Brings Crypto And Cash Management Under One Roof — How It Works
Ripple announced on Wednesday, April 1, the rollout of two major additions to its Ripple Treasury platform: Digital Asset Accounts and Unified Treasury.
The company describes these features as the first native digital-asset capabilities built directly into a treasury management system, designed to let corporate finance teams treat crypto holdings the same way they do cash.
Ripple’s New Treasury FeaturesAccording to Ripple, the newly disclosed update gives finance and treasury teams a single, unified view of liquidity by aggregating balances from bank accounts, custody providers, and on-chain wallets.
That consolidated dashboard provides real-time visibility across both fiat and digital assets, eliminating the need for separate systems, manual reconciliation, and time-consuming data consolidation.
Family offices and corporate treasury groups can now view, hold, receive, and manage fiat and digital liquidity held at banks and custodians within one platform, Ripple said.
Renaat Ver Eecke, Senior Vice President of Ripple Treasury, framed the launch as an answer to a changed reality at the CFO level. “Digital assets have arrived at the CFO’s desk, and the question has shifted from whether to engage to how to do so advantageously without disrupting existing operations,” he said.
Ver Eecke added that Ripple Treasury provides “a trusted place to hold and manage digital and fiat assets — with no separate interface, no new workflows, and no need to navigate custody, wallets, or exchanges on their own,” calling it an unprecedented digital solution for corporate treasuries.
Unified Treasury And Digital Asset AccountsRipple said the new features include several technical functions aimed at improving accounting accuracy and auditability. According to the company, Digital Asset Accounts will display fiat valuations in real time using live exchange rates sourced from market data providers.
They will also record token amounts to reflect on‑chain notional and reduce rounding discrepancies, and they will automatically log each transaction with the native notional, its fiat equivalent, and the market price at the time of the event to provide an audit trail.
On the other hand, the firm described Unified Treasury as a consolidated reporting interface that aggregates positions held across multiple custodians and banks via its ClearConnect connectivity layer — the same integration layer Ripple uses for bank links.
The company said the feature supports direct application programming interface (API) connections to several digital‑asset providers, with onboarding that Ripple reports can be completed in minutes.
Ripple also disclosed that both capabilities are designed to be adopted on an organization’s own timeline and to integrate without disrupting existing approval processes, audit trails, or compliance controls.
Looking ahead, future expansions will connect with Ripple’s existing products for cross-border and intercompany settlement and add features such as 24/7 yield on idle cash via overnight repo, powered by stablecoins and other digital assets.
Featured image from OpenArt, chart from TradingView.com
В Госдуму внесли законопроект о регулировании крипторынка
XRP Cannot Break Free From Bitcoin – And Right Now, That’s A Problem. Find Out Why
XRP is struggling to push above current levels. The market is uncertain. And the chart is not offering any comfort — three moving averages sit above the current price, each one a layer of resistance the market has not found the strength to challenge.
A CryptoQuant report tracking XRP’s technical structure on Binance has produced a reading that leaves little room for interpretation. The 30-day moving average stands at approximately $1.40. The 90-day moving average sits near $1.64. The 200-day moving average is at $2.06. The current price is below all three — not approaching them, not testing them, but trading beneath each one simultaneously across the short, medium, and long-term timeframes.
That alignment has a name in technical analysis. It is a bearish stack — a configuration in which every major trend reference the market uses to orient itself is pointing in the same direction. Sellers are in control across every timeframe. Buyers have not demonstrated the sustained demand required to reclaim even the nearest average.
The first threshold that matters is $1.40. Not because reclaiming it resolves the situation — it does not — but because without it, the medium and long-term averages above remain irrelevant. The recovery, if it comes, must start there.
XRP Cannot Fix Its Own Chart. It Needs Bitcoin to Help.The report adds a dimension to the technical picture that the moving average structure alone cannot capture. XRP’s correlation with Bitcoin currently stands at approximately 0.87 — a reading that describes near-total directional alignment between the two assets. XRP is not trading on its own fundamentals, its own on-chain developments, or its own demand dynamics in any meaningful independent sense. It is trading as a high-beta expression of wherever Bitcoin goes next.
That dependency cuts both ways, and the report names both directions honestly. If Bitcoin continues to struggle — capped below $70,000, under whale selling pressure, lacking upside momentum — that weakness will transmit directly to XRP, adding a second layer of downward force on top of an already bearish technical structure. If Bitcoin stages a sustained rally, that momentum will carry XRP with it, potentially providing the external catalyst the chart cannot generate internally.
The verdict the report delivers is unambiguous. XRP remains under clear technical pressure. The downtrend is continuing. Sellers are in control across every timeframe. Nothing in the current data suggests that the condition is about to change on its own.
The one number that changes the conversation is $1.40. Reclaiming the 30-day moving average does not end the downtrend. It signals, for the first time, that the momentum behind it may be slowing — and that is the only first step available from here.
XRP Tests Breakdown Zone as Long-Term Structure WeakensOn the weekly timeframe, XRP is now trading near $1.35 after a sharp rejection from the $3.00–$3.50 region, confirming a decisive loss of bullish momentum. The chart shows a clear transition from expansion to distribution, followed by a breakdown that has brought price back into a historically significant range.
Price is currently sitting below the 50-week moving average, which has started to slope downward, signaling weakening short-term structure. The 100-week moving average is also above the current price and flattening, while the 200-week moving average remains lower but is now the next key support to monitor. This alignment reflects a market that is no longer trending upward and is instead attempting to find a new equilibrium.
The rejection from the recent highs was accompanied by increased volume, suggesting strong participation during the distribution phase. In contrast, the current consolidation is occurring with relatively lower volume, indicating reduced conviction from both buyers and sellers.
Importantly, XRP is now testing a zone that previously acted as resistance during 2021–2022 and later flipped into support. Whether this level holds will likely determine the medium-term direction. A sustained break below could open the path for a deeper retrace, while stabilization here may form the basis for a longer accumulation phase.
Featured image from ChatGPT, chart from TradingView.com
Crypto ATMs Face Ban In Massachusetts City Amid Scam Concerns
Haverhill, Massachusetts, is moving toward a citywide ban that would force all crypto ATMs and kiosks out within 60 days, with operators facing $300 daily fines if they do not comply.
The proposal also gives the city a hard line on a problem officials say has already led to fraud complaints, money laundering concerns, and little practical recourse for users who lose money.
Council Vote Puts Ban On TrackThe ordinance was introduced on March 17 by Mayor Melinda E. Barrett and cleared an initial City Council vote 11-0, putting it on the council’s agenda for further review.
According to the city’s agenda, the measure would amend local code to prohibit cryptocurrency ATMs altogether. City officials said they see the lack of state and federal rules as a reason for local action.
The move places Haverhill in a growing group of US communities taking aim at crypto kiosks after reports of scams and other illegal activity.
In Minnesota, a lawmaker introduced a bill in February that could ban crypto kiosks, building on a 2024 law that already imposed limits on ATM operators.
Haverhill’s proposal does not stand alone; it fits a pattern that has been spreading city by city and state by state.
Crypto ATMs are often marketed as a simple way to buy digital assets, but local officials have increasingly treated them as a weak point in consumer protection.
In Haverhill’s case, the city said users may have little ability to recover funds once a transaction is complete. That concern was central to the proposed ordinance, which framed the machines as a risk to residents rather than a convenience for them.
Bitcoin Depot Faces Rising PressureThe proposed ban also lands at a rough time for Bitcoin Depot, one of the largest crypto ATM operators in the US. The company’s stock has fallen more than 90% over the past six months and was trading at $2.06 on Nasdaq on Tuesday, according to the report.
Haverhill-area data from CoinATMRadar and Bitcoin Depot pointed to eight or more machines in the local area.
Bitcoin Depot has been dealing with pressure on several fronts. Connecticut banking regulators issued a temporary cease-and-desist order in March, which effectively suspended its money transmission license.
Authorities in Iowa and Massachusetts have also sued the company, accusing it of helping facilitate crypto scams.
Featured image from Unsplash, chart from TradingView
Hong Kong Freezes Stablecoin Rollout, Leaving HSBC, Standard Chartered Waiting
Hong Kong has postponed its first batch of stablecoin licenses amid money laundering concerns that could warrant stricter KYC rules.
Hong Kong Has Delayed Its Initial Batch Of Stablecoin LicensesAs reported by Wu Blockchain, citing coverage from Caixin, Hong Kong has postponed the issuance of its first stablecoin approvals, meaning that applicants would be waiting for longer before they can receive a license.
Hong Kong first passed its stablecoin bill in August 2025, making it so that organizations looking to issue stablecoins in the Chinese city’s jurisdiction will need to acquire approval from the Hong Kong Monetary Authority (HKMA).
Following the rollout of the new rules, HKMA started receiving applications from big names like Standard Chartered in its Joint Venture (JV) and HSBC. The first batch of approvals was expected to go out by the end of March, but now April has begun, and no licenses have been handed out at all.
“Hong Kong is concerned that stablecoins may be used for money laundering and may therefore implement stricter KYC regulations,” noted Wu Blockchain. The delay has thrown a wrench in the plans of 36 applicants. Earlier, mainland Chinese regulators cracked down on the sector, stating that fiat-tied cryptocurrencies don’t qualify as legal tender, as they fail to meet regulatory requirements and pose a risk of being used for illegal activities.
Despite the mainland’s stance, however, Hong Kong still moved forward with its stablecoin plans, announcing in February that a “very small number” of issuer licenses would be handed out in March. With that plan not coming to fruition, it now remains to be seen when the HKMA will be able to advance the city’s stablecoin ambitions.
Elsewhere in Asia, South Korea has also seen its stablecoin plans stall, with the Bank of Korea (BoK) arguing for bank-majority stablecoins, while the Financial Services Commission (FCS) advocates for laxer rules.
Meanwhile, Japan took ahead of its neighbors with the launch of its first yen-backed coin last year. The nation could also see its first bank-backed stablecoin this year, with Shinsei Trust and Banking planning on a Q2 2026 launch.
Over in the United States, President Donald Trump signed into law the GENIUS Act last year, providing a formal framework for stablecoins. Overall, this part of the cryptocurrency sector has seen significant global regulatory momentum over the past year, so it’s not surprising to see that its market cap has held up relatively well despite the recent market downturn.
As the chart from DefiLlama shows, the market cap of the fiat-tied tokens has mostly moved sideways in recent months, with its value currently sitting at $316 billion, a new all-time high (ATH).
Bitcoin PriceAt the time of writing, Bitcoin is trading around $68,700, down over 4% in the last week.
XRP Price Move Below $1: Analyst Warns That Another Crash Is Coming
XRP’s price action has managed to hold above $1 for over a year, but technical analysis shows this could be over soon. Notably, technical analysis from crypto analyst CasiTrades warned about a bearish outlook on the token, with the outlook that there’s still a multi-stage decline in play, which could cause the price of XRP to fall to as low as $0.87.
Weak Bounces Signal Sellers Still In ControlCasiTrades flagged the character of recent relief moves as a bearish signal. According to the analysis, XRP’s recent price behavior is showing clear signs of exhaustion on the upside. This is because every bounce has been cut short around the 0.382 Fibonacci retracement level, which is a clear indication that sellers are still in control of the price action.
This repeated rejection at shallow retracement levels is a reflection of another broader issue the XRP price is currently facing: buyers are not stepping in with enough strength to change momentum. Instead, each bounce is being sold into quickly, keeping the altcoin locked in a downward structure.
The structure outlined in the analysis follows a clear Elliott Wave breakdown, with XRP playing out a Wave 3 move to the downside. In the context of Elliot Waves, Wave 3 is the most intense part of both bullish and bearish wave cycles.
Based on this count, XRP is projected to drop to as low as $1.09 during Wave 3, with intermediate subwave targets around $1.06. These levels are based on previous liquidity zones and Fibonacci retracements at 0.786 on a larger cycle and 1.618 on a lower cycle.
A temporary relief bounce is expected afterward, which would create the next impulse Wave 4. Wave 4 is expected to push the XRP price back into the $1.22 to $1.31 range. However, this move is going to be a brief correction against Wave 3, and the broader bearish trend will still be in place.
Sub-$1 Scenario Comes Into FocusAfter Wave 4 comes Wave 5, which is a continuation impulse wave in Elliott Wave theory. The most notable part of the forecast lies in how XRP ends up in Wave 5, which is the final leg of the structure. After the projected relief bounce, the analyst predicted a continuation lower toward a major macro support zone around $0.87. This price target is based on the 0.854 Fib retracement on the larger cycle.
Interestingly, the chart above shows that these five impulse wave counts are subwaves of a larger Wave 2 (labeled in green in the chart above), which is also a corrective wave in the Elliott Waves Theory. A bottom around $0.87 is not the end, as the next move would be the larger Wave 3, which is predicted to take the XRP price back above $2.
Is This The Beginning Of The End For Bitcoin Treasury Companies? Here’s what You Should Know
Bitcoin treasury companies have long relied on relentless accumulation of BTC to strengthen corporate balance sheets. But a recent pause in both Bitcoin purchases and equity sales raises an urgent question: is this a temporary slowdown, or an early signal of broader structural strain for corporate Bitcoin treasury strategies?
Strategy Breaks Bitcoin Purchase PatternFor the first time since December 2025, Strategy reported no Bitcoin purchases during the week of March 23 to March 29, 2026. A filing submitted to the US Securities and Exchange Commission (SEC) confirmed this break in routine, which also included no share issuance through its at-the-market (ATM) program—the primary mechanism used to fund Bitcoin accumulation. Before the pause, Strategy’s last purchase was 1,031 BTC between March 16 and March 22, 2026, reflecting a sustained weekly acquisition strategy.
Moreover, Executive Chairman Michael Saylor has not publicly explained the pause, a notable silence given his historically regular weekly updates. This combination of halted buying and silence has fueled discussions on whether the era of aggressive corporate Bitcoin accumulation may be under pressure.
BTC Treasury Companies Under Pressure: Market ContextStrategy’s stock, trading at $124.80 at the time of reporting, has declined more than 60% over the past six months, while Bitcoin itself was priced at $67,197, down over 18% across 12 months. These figures illustrate a tightening environment for companies relying on both equity and digital assets to support treasury strategies.
Other firms demonstrate divergent approaches. MARA Holdings sold 15,133 BTC, valued at roughly $1.1 billion, to reduce convertible debt, while Canaan increased holdings by 1,793 BTC and 3,952 ETH while expanding mining operations in Texas. Additional insight comes from Nakamoto Inc., which sold approximately 284 BTC for $20 million in March 2026, below its year-end 2025 weighted valuation of $87,519 per coin. This sale followed a $166.2 million loss from changes in the fair value of its digital assets and reflects a broader recalibration among non-Strategy treasury firms. Nakamoto indicated that proceeds would fund a US dollar operating reserve to support operations and strategic initiatives.
Additional disclosures in the Strategy’s filings provide context on corporate obligations that may influence capital decisions. A shareholder lawsuit filed by David Dodge in July 2025 over preferred stock amendments was dismissed in March 2026, with Strategy agreeing to seek shareholder ratification and cover $550,000 in legal fees.
The combination of halted Bitcoin purchases, no share issuance, declining stock and Bitcoin prices, and similar moves by other treasury firms illustrates a period of recalibration across the sector. Strategy now holds roughly 76% of all BTC owned by public treasury companies, while most others have added minimal holdings in recent weeks. Whether this moment marks a temporary pause or the beginning of the end for Bitcoin treasury companies remains uncertain, but the current data underscores the growing pressures on firms pursuing this once-dominant strategy.
Bitcoin Whales Still Favoring Short Positions Amid Sideways Price Action
Bitcoin may be demonstrating slightly bullish momentum as the market slowly stabilizes, but investors’ sentiment has not fully flipped positive, especially among large holders. Over the past few weeks, these investors, who are often known for driving major moves, have been leaning toward a bearish state, as evidenced by their persistent positioning on the short side.
Whales Keep Short Pressure On BitcoinJust as Bitcoin’s price struggles to regain stability, the underlying sentiment in BTC is telling a more nuanced story. Even after several weeks of demonstrating bearish action toward Bitcoin, large investors or whales are still betting against the flagship cryptocurrency asset.
Amid heightened price swings, activity from large holders of Bitcoin has noticeably positioned on the short side, signaling growing caution in the market. Joao Wedson, a market expert and founder of the Alphractal platform, outlined this development on X following his analysis of the Bitcoin Whale Vs Retail Delta metric.
These investors continue to maintain a bearish stance, with many still opening more short positions as BTC keels trading within a tight range. Given the influence of whales on the market, this trend is one that demands attention, as it could reshape the asset’s next direction.
Looking at the chart, it is clear that large holders are increasingly positioning in shorts while retail investors are doing the opposite. This divergence signals changing sentiment where big investors are expecting a decline in price and retail holders are betting on a potential bounce in the short term.
According to Wedson, retailers are chasing an infinite upside, but whales are becoming more cautious about Bitcoin and its near-term trajectory. As the divergence expands, this triggers speculation of whether the trend might precede increased volatility or shift the trajectory of BTC.
BTC Whales Are Taking A Break From SellingOn cryptocurrency exchanges, whale activity appears to be undergoing a notable shift. In a report from CryptoQuant’s verified author Darkfost, it was revealed that whale selling activity is cooling down on Binance, the leading trading platform, suggesting that large investors on the platform are choosing to hold during volatile conditions.
Related Reading: Crypto Market First Major Outflow In 5 Weeks – Here’s How Bitcoin And Ethereum Performed
According to Darkfost, whales became more active on the platform as BTC slowly moves closer to the $60,000 level. This slowdown in selling pressure comes after multiple transfers of large portions of BTC into the Binance exchange.
Their activity peaked on February 4, when more than 11,800 BTC were sent to the platform in a single day. By the end of February, the coins moved into the platform per day increased from around 1,000 BTC to nearly 4,000 BTC, which reflects a more pronounced distribution phase from large holders.
Nonetheless, since the wave of transfers in February, the situation seems to have flipped significantly. Whale activity has declined notably, with the 30-day moving average now sitting around 1,600 BTC sent to Binance per day. The decrease in whale deposits indicates that large players are adopting a wait-and-see approach in the current uncertain market environment.
Here’s Why The Bitcoin Price Is Crashing, And Why It Could Continue
The Bitcoin price has been in a prolonged downtrend but saw a slight reprieve this week, rising a bit by 2%. Despite the minor gain, the cryptocurrency remains in a broader bear market, and as of today, its price is still in the red and could continue to decline if momentum does not improve. A major driver behind BTC’s weakness is the recent outflows from its Spot Exchange-Traded Funds (ETFs). Even as institutional demand declines, the market remains under bearish pressure and faces heightened volatility amid ongoing geopolitical tensions in the Middle East.
Bitcoin Price Crash Continues As ETFs Record OutflowsSince debuting in 2024, Spot Bitcoin ETFs have played a significant role in driving BTC prices, with the volume and consistency of net daily flows often influencing the market’s direction. When these ETFs record major outflows, it typically suggests that institutional investors are reducing their exposure, likely due to profit-taking, risk management, or shifting market sentiment. Regardless of the reason, the reduced demand tends to place downward pressure on the Bitcoin price.
Notably, data from SoSoValue indicates that Spot Bitcoin ETFs recorded more outflows than inflows last week, a trend that has noticeably affected prices. On March 18 and 20, these ETFs saw total outflows of $305 million, followed by a modest influx of capital the next day.
The most recent outflows, which appear to be contributing to Bitcoin’s ongoing downtrend, occurred on March 26 and 27. On Thursday, withdrawals from Spot Bitcoin ETFs reached $171.22 million, further exacerbated by an additional $225.48 million outflow the following day.
According to SoSoValue, the bulk of these outflows came from BlackRock’s IBIT, which alone saw $41.92 million exit on Thursday and a staggering $201.5 million outflow on Friday. Other funds, including Fidelity’s FBTC and Grayscale’s GBTC, also recorded outflows during the same period.
As of now, Spot Bitcoin ETFs have returned to net positive territory, with cumulative inflows totaling $56.12 billion after ending its two-day outflow streak and receiving over $187 million over the last two days. Despite renewed demand, Bitcoin’s price is down, recording a year-to-date decline of roughly 40%. The cryptocurrency is also trading below the $70,000 level, hovering just above $68,000, at the time of writing.
Other Factors Influencing PriceIn addition to the earlier decline in ETF demand, ongoing geopolitical tensions appear to be significantly influencing investor sentiment, further pressuring BTC’s price. The latest update regarding the US-Iran war reveals that no formal peace agreement has yet been reached, even as President Donald Trump’s April 6 deadline to resume strikes on Iran’s energy infrastructure approaches rapidly.
As of now, Market watchers continue to monitor changes in oil prices, ETF inflows, and any diplomatic developments that could impact the prices of Bitcoin and other cryptocurrencies.
Will The XRP Price Have Better Luck In The Second Quarter Of The Year? Analyst Shares Forecast
XRP closed Q1 2026 with a 27.1% decline from its quarter open, extending a correction that has now erased more than 60% from the token’s July 2025 high of $3.65. The current structure now leaves the XRP price at an important decision point heading into Q2, where the next move could show whether this is a pause before recovery or part of a deeper correction below $1 in the new quarter. A recent technical analysis shared on X lays out both possibilities, but the tone says caution is the dominant theme for now.
Q1 Played Out As Expected. Here’s What The Analyst Got RightGoing into Q1, the analyst had flagged that XRP’s correction in 2025 was not yet complete and that one more low was likely before the formation of any sustainable rally. That forecast proved accurate. XRP dipped below $1.20 in early February, precisely within the support zone the analyst had identified. The dip eventually bottomed around $1.16 on February 6 before a recovery of about 55% from that low in the same month.
The move, however, did not translate into a full trend reversal, and the XRP price struggled throughout March. Price action across the weekly structure still reflects a market struggling to reclaim strength. The rebound failed to push into higher resistance zones above $1.5. This bearish price action eventually ended up with a negative 2.79% close in March, which is the sixth consecutive month of bearish closes.
XRP Weekly Price Chart. Source: @Morecryptoonl On X
A Temporary Bounce In Q2, But Not A Full Bullish ReversalAs it stands, the XRP price is now sitting at an important decision point, and the analyst is distinguishing between two scenarios heading into Q2. The primary focus is on whether it can sustain a corrective bounce, which is labeled as a “B wave” based on the Elliott Wave theory, back to the $1.76 to $2.86 resistance band.
According to the analysis, any meaningful recovery in Q2 would need to push decisively into this region. A move above $2 would begin to validate the idea of a broader rally. This prediction is based on the 50% Fibonacci extension at $2.03380 and the 61.8% level at $2.34157, both on the weekly chart.
The current expectation leans toward a corrective bounce rather than a full breakout. A move higher in April or early Q2 is considered possible, especially since a similar bounce already occurred earlier in the year.
However, the structure of that bounce matters more than the bounce itself. If the price action forms a three-wave move upward, it would likely confirm a B-wave scenario, meaning the rally is corrective in nature and not the start of a new bullish cycle.
In that case, the XRP price could still be setting up for another leg down (a C wave), which may unfold later in Q2 or extend into Q3.
XRP Boycott Movement Triggers Supply Crunch On Coinbase Following CLARITY Act News
XRP Investors on Coinbase have been leaving the trading platform at a rapid rate, as evidenced by a sharp contraction in available supply. An interesting part of this development is the trigger behind the decline in supply on the Coinbase platform.
Coinbase Sees Declining XRP SupplyRecent news surrounding Coinbase is garnering significant attention in the broader cryptocurrency space, which appears to have affected XRP holders on the leading American-based crypto exchange. As a result, there has now been a sharp decline in supply on the platform.
Crypto enthusiast and advocate Diana on X shared that supply has declined on the exchange over the controversial CLARITY Act, effectively staging a boycott that is tightening liquidity. Amid a growing wave of holder resistance, this change highlights growing tensions between the XRP community and regulatory initiatives.
As of late March 2026, the altcoin’s balance on Coinbase has dropped to about 101.86 million XRP after a boycott. Historically, these kinds of behavior have influenced price movement in the upcoming weeks or months, making it a crucial moment for the token and its short-term trajectory.
As the development swells across the space, some analysts are claiming that the supply plunged by almost 90% in just a few months. This trend has been attributed to 2 major issues currently taking place in the crypto market that have left investors speechless. One of the issues is that Coinbase is allegedly blocking the CLARITY Act by rejecting bill drafts in two separate scenarios. The other is the leaked claims that Coinbase requested millions of dollars from Ripple Labs to list XRP back in 2019.
Diana highlighted that recent 30-day snapshots point to net outflows, ranging from around 20 million to 95 million XRP. What this means is that holders are pulling their coins off Coinbase and moving them to self-custody or other exchanges. If this withdrawal trend persists, Coinbase might end up holding one of the lowest XRP reserve levels the company has seen in years. Furthermore, Diana stated that the trend could lead to a supply shock if buying pressure comes back.
How High Can The Altcoin GoWith the market being highly volatile, many investors find XRP’s outlook unclear. However, Don Digital Finance has delved into the conversation, offering key insights on the altcoin’s path and how high it can actually go in this cycle.
Starting off, the expert highlighted Standard Chartered’s prediction, which claims that the altcoin could be valued at $10.40 by 2027. Some models have predicted an $8 value this year, while others forecast XRP to reach as high as $40 and beyond in the long run.
A $40+ valuation implies a $2 trillion market cap for the altcoin, and the expert declares that this is where real institutional adoption will begin. An $100 valuation is not completely off the table, but it will take the cryptocurrency to become a global asset alongside a crypto move to hit this level.
In the meantime, the most realistic price level for the token is somewhere around $8 to $40 this cycle. At this point, the conservative view sits around the $5 to $15 range, but the expert’s main target for this cycle is $28.
How This Development Just Unlocked A $100 Billion Market For XRP
Crypto pundit Diana has drawn attention to plans to launch native XRP lending on the XRP Ledger, which treasury firm Evernorth will be heavily involved in. This is expected to unlock up $100 billion in idle capital as investors seek yield from their holdings.
Native XRP Lending Plans To Unlock $100 Billion In Idle CapitalIn an X post, Diana stated that Evernorth is officially launching XRP lending on the XRPL, which would unlock $100 billion in capital. The treasury firm plans to bring native lending on the Ledger through the proposed XLS-66 amendment. She added that there are already 473 million of the altcoin in the treasury and that there is a vision to unlock up to $100 billion in dormant capital through yield-generating activity.
Further commenting on what this native lending entails, Diana noted that it is built directly into the Ledger and will feature single-asset vaults, fixed-term and fixed-rate loans, automated on-chain repayments through smart contracts, and zero-knowledge proofs for confidentiality. Furthermore, this native lending feature eliminates the need to bridge, wrap XRP, or face custody risks just to earn yield on one’s holdings.
Diana highlighted how this could draw more institutional investors as they can finally deploy liquidity without leaving the Ledger or relying on external smart contracts. The pundit noted that XLS-66 is not yet live and is currently in the validator voting phase. The proposed amendment needs an 80% supermajority vote to get activated. However, this provides insight into what lies ahead for the the Ledger, with yield on the horizon.
It is worth noting that at the moment, investors have had to bridge their assets to other networks, such as the Flare network. Last year, Flare launched earnXRP, which is the first fully on-chain yield product denominated in the altcoin.
Why It Matters To Earn Yield Natively On The LedgerEvernorth Chief Business Officer Sagar explained that earning yield on the Ledger rather than bridging to other networks matters because bridging can trigger a taxable event in most jurisdictions. He also highlighted the risk of trusting “unproven” smart contracts on other networks with hundreds of millions of dollars at stake. On the other hand, the XLS-66 protocol relies on the Ledger’s security, and with native lending, there is no wrapping or new risk surface.
As such, he is confident that institutional investors will be more willing to participate once native lending is activated. He also remarked that he is excited about this feature because lending makes the whole greater than the sum of its parts, including XRP payments, which are currently carried out on the Ledger.
At the time of writing, the altcoin’s price is trading at around $1.34, up in the last 24 hours, according to data from CoinMarketCap.
CoinShares’ US Trading Debut Marred By 25% Stock Crash: Key Takeaways
CoinShares (CSHR), one of Europe’s largest crypto asset managers, made its long‑anticipated US market debut on Wednesday after completing a merger with Vine Hill Capital that created the holding company CoinShares PLC.
The transaction, first announced in September and closed late Tuesday, values the business at about $1.2 billion and included a $50 million strategic investment from institutional backers.
CoinShares’ CEO Urges Patience After 25% SlideThe listing, however, got off to a rocky start. On its first session on the Nasdaq, CoinShares’ shares plunged roughly 25%, trading just below $8.30 at the time of writing, according to Yahoo Finance data.
The sharp sell‑off reflects broader turbulence in digital‑asset stocks and follows months of heightened volatility tied to geopolitical tensions in the Middle East and rising oil prices.
Major crypto tokens such as Bitcoin (BTC) and Ethereum (ETH) have struggled to mount sustainable rallies during the same period, putting additional pressure on firms focused on crypto products.
CoinShares CEO Jean‑Marie Mognetti pushed back against reading too much into the market’s initial reaction. Speaking to Barron’s, he said the company’s US listing was driven by readiness rather than market convenience.
“We are not listing because the market is easy. We are listing because the business is ready, and that’s much more important,” Mognetti said, stressing the company’s long‑term strategy over short‑term share price movements.
deSPACs Average 60% Drop In Year OneCoinShares’ US listing is structured as a deSPAC — the operating company formed after a Special Purpose Acquisition (SPAC) merger — and deSPACs have generally performed poorly post‑deal.
Data compiled by SPAC Research and cited by Jay Ritter, director of the IPO Initiative at the University of Florida, show that deSPACs have fallen on average about 60% in the 12 months following their mergers over the last five years.
In his conversation with Barron’s, Mognetti framed the SPAC route as a regulatory and practical choice to facilitate the company’s cross‑border listing rather than as an urgent need for liquidity.
He also told reporters he remains untroubled by the initial market sell‑off and urged patience: “Give us time to just put real numbers out. The market will decide after that.”
Featured image from OpenArt, chart from TradingView.com
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