On-Chain Data

RLUSD Supply Adjustments and Treasury Activity Ripple executed the latest burn through its treasury wallet, permanently removing nine million RLUSD tokens from circulation. Consequently, the move reduced the available supply and followed earlier large-scale burns during the same month. The action f

The essay explores the contrasting dynamics between retail and institutional demand in the cryptocurrency market. It highlights XRP's strong retail base and growing adoption, while institutional interest remains cautious, especially compared to assets like Bitcoin and Ethereum, amid recent ETF flows.

The largest Ethereum wallets have returned to an unrealized profit state, historically linked to strong price recoveries. The ETH Whales Unrealized Profit Ratio has surpassed 0, indicating significant investor gains. Past data suggests a correlation with upcoming price trends.

Solana experienced a significant unlock of over 1.8 million SOL tokens valued at $163.86 million, potentially impacting its price stability around $90. This move may increase circulating supply, while mixed price action follows recent volatility.

RippleX warns of increasing impersonation accounts on Telegram posing as Ripple representatives, emphasizing that Ripple does not have an official channel and urging XRP users to verify communications. The XRP Ledger is seeing record growth, with over 7.7 million holders, supported by favorable SEC regulations.

XRP just crossed a milestone that doesn’t show up on the price charts. The number of wallets holding less than 100 XRP hit an all‑time high, pushing total addresses on the ledger to new levels. Even though traders stare at the $1.45 price level and wonder where the next move comes from, the ne

Under Middle East geopolitical tensions, Bitcoin faced widespread selling pressure, particularly from retail holders. According to Glassnode data, the market is experiencing heavy selling pressure, with the accumulated trend score declining to 0.04, indicating that retail and small-to-medium investors are reducing their positions significantly. Despite this, Bitcoin's resilience against the decline has surprised market observers.

Arkham reported that stolen funds were moved for the first time since March 6, 2026, with nearly $1 million DAI transferred. The theft stemmed from a violent attack on Ethereum NFT whale Sillytuna, resulting in $23.6 million stolen. Over $7 million remains traceable, illustrating a rise in real-world crypto thefts.

South Korea is piloting a blockchain project to manage public funds with deposit tokens linked to a CBDC, enhancing transparency and speed in payments. Nine major banks are involved, aiming to digitize 25% of national fund operations by 2030, marking a shift towards real blockchain applications.

Arkham reports that American Bitcoin, the Trump family's BTC mining company, now holds 6,899 BTC worth $486M, making it the 16th largest Bitcoin treasury. This growth signals increased institutional interest in Bitcoin and its role in decentralized finance.

Against the backdrop of Middle East geopolitical tensions, Bitcoin has faced a comprehensive sell-off with nearly all coin holders turning to net selling, most notably among retail investors. According to Glassnode data, the cumulative trend score has dropped to 0.04, indicating heavy selling pressure in the market. Small-cap holders and mid-sized investors are showing significant selling intensity, while whales, though reducing their holdings, are doing so at a lower rate. Despite the dismal data, Bitcoin continues to demonstrate resilience against declines.

Pi Network (PI) has recently surged, showing weakening profit-taking trends. Kraken and LBank have been added as official centralized exchanges supporting PI trading, enhancing liquidity. On-chain data shows CEX net inflows turning positive, indicating strengthened holding intent among holders. Technical analysis shows PI still faces resistance but has rebound potential, requiring a breakthrough of the 50-day moving average and rising RSI to challenge the psychological $0.20 level.

European asset manager Amundi has partnered with tokenization platform Spiko to launch a $100 million Spiko Amundi Overnight Swap Fund (SAFO), selecting Chainlink as its oracle infrastructure. However, LINK has failed to break above $10 since February. Despite on-chain data showing declining LINK holdings and increased ETF inflows, market sentiment remains cautious, making it difficult for prices to rise in the short term, and institutional adoption has yet to become a price catalyst.

VanEck research report indicates that while Bitcoin prices have declined, volatility and futures funding rates have stabilized. Miners face survival pressure and have sold off nearly all newly mined Bitcoin. Options market shows strong put demand, with historical data suggesting potential for a rebound. Overall on-chain activity has decreased, reflecting deepening financialization of the market.

Solana ecosystem DApps revenue has dropped to $22 million, marking an 18-month low, while the derivatives market is also showing bearish signals with funding rates near 0% and option skew surging, reflecting institutional lack of confidence in the future. The rise of competitor Hyperliquid has further intensified the pressure, leading to erosion of Solana's market share in the derivatives sector.

The UK has initiated dissolution proceedings against Zedxion Exchange due to the provision of false information in its company registration. An investigation revealed that the company was closely related to Iran's Islamic Revolutionary Guard Corps and operated using fictitious identities. This dissolution represents the latest case of the UK strengthening regulatory oversight under new legislation, reflecting the country's efforts in combating sanctions evasion.

Bitcoin price plunges sharply to approximately $70,400; BlackRock's Ethereum staking fund surpasses $250 million in assets under management in its first week, with a staking rate as high as 95%. Morgan Stanley has submitted a revised proposal for a spot Bitcoin ETF. U.S. stocks decline significantly due to geopolitical impacts, with market confidence weakening; it is recommended to control leverage ratios for hedging purposes.

Federal Reserve FOMC Holds Rates Steady, But Hawkish Dot Plot Rattles Market Confidence. Bitcoin Plummets Over 7% from $74,272 to $68,934, ETH Breaks Below $2,100. Across all exchanges, $458 million in liquidations occurred, affecting over 128,000 traders. Silver and gold also plunged in tandem, intensifying market fear sentiment as the indicator drops into the extreme fear zone.

Bitcoin has recently been affected by supply shocks and geopolitical pressures, with prices declining from their highs to approximately $69,500. Large volumes of bitcoin entering exchanges have triggered market panic. Major sellers include dormant wallets resuming activity and early investors taking profits. Technically, bitcoin has broken below the $72,000 support level, with $64,000 becoming a critical support level. A breach of this level could expose the asset to further downside risk.

BTQ Technologies has accelerated BIP 360 from a mere proposal to the testnet stage to advance Bitcoin’s quantum resiliency. The threat of quantum computing to Bitcoin’s (BTC) cryptography has become all too real. Cybersecurity experts and cryptographers hotly debate its arrival. Still, one thing’s

Tron purchased an additional 167.999 TRX, bringing its reserve fund to 687 million TRX as the price retests key resistance levels. Despite signs of price appreciation and increased stablecoin activity, the number of active users declined amid a broader market downturn.

Shibarium’s recovery process shows steady progress as indexing levels improve and system stability returns. Network data accuracy remains limited, yet activity continues to build across the ecosystem. Meanwhile, broader developments around Shiba Inu add new context to the current market

Against the backdrop of Middle East geopolitical tensions, Bitcoin has faced a comprehensive sell-off with nearly all coin holders turning to net selling, most notably among retail investors. According to Glassnode data, the cumulative trend score has dropped to 0.04, indicating heavy selling pressure in the market. Small-cap holders and mid-sized investors are showing significant selling intensity, while whales, though reducing their holdings, are doing so at a lower rate. Despite the dismal data, Bitcoin continues to demonstrate resilience against declines.

Ethereum's staking rate broke through 31.1% in March, reaching an all-time high, while centralized exchange ETH reserves fell to a new low. This has created a tightening effect on circulating supply, attracting institutions like BlackRock and Grayscale to accelerate staking. Staking activities demonstrate institutional confidence in Ethereum and may further influence ETH price. Supply tightening helps stabilize prices, but does not necessarily lead to appreciation.

The total crypto market cap just fell 4.13% to $2.44 trillion in the last 24 hours. Derivatives volume dropped 17.51%. Bitcoin liquidations surged 140.22% to $150.85 million, mostly long positions getting wiped out. Yet in the middle of all this red, U.S. spot Bitcoin ETF AUM grew to $100.05

Recently, early Bitcoin holders have engaged in large-scale selling, drawing market attention. Two Bitcoin OGs achieved profits of approximately $330 million combined, with one accumulating Bitcoin at an average price of $332 in 2013 and recently transferring 1,000 BTC. Meanwhile, exchange whale capital inflow ratios reached an 8-month high, indicating that large holders are dominating the market. Bitcoin price continues to face pressure, declining over 43% from its all-time high.

Data from Artemis indicates that Ethereum accounts for 53.9% of the stablecoin supply, while Tron holds 27.7%. Together, these two networks dominate up to 80% of the total supply, reflecting a "Two-Chain" market structure.

The Ethereum Foundation announced an additional allocation of 3,400 ETH to Morpho Vaults to advance DeFi yield strategies, marking its financial transformation. This deployment represents the Foundation's third asset allocation to Morpho, emphasizing open-source principles and security in line with the needs of large treasury management. The Foundation currently holds assets exceeding $820 million, reducing its reliance on ETH liquidation through DeFi strategies and generating stable returns.

Bitcoin's price has pulled back to around $70,990, the Federal Reserve has kept interest rates unchanged, and the U.S. SEC has approved Nasdaq to support tokenized stock trading. The Algorand Foundation has laid off 25% of its workforce due to market downturn. U.S. stocks have declined, with inflation and geopolitical tensions becoming focal points for investors.

The Federal Reserve kept the federal funds rate unchanged at 3.5% to 3.75%, with Fed Chair Powell pointing out the uncertainty of war on inflation. The three major U.S. stock indices fell, with Bitcoin temporarily pulling back to $70,500. February PPI rose more than expected, oil prices surged to $107, intensifying inflation concerns. Market confidence has not fully recovered, though institutional fund inflows into Bitcoin ETFs indicate warming sentiment.

XRP Ledger's adoption hit 7.7 million wallets after 13 years, with a surge in active addresses to 46,767 as its price rose 14%. The cryptocurrency now faces resistance at $1.55–$1.70, indicating a cautious upward trend.

XRP has seen a significant increase in whale activity, with 200 million XRP bought recently, while network activity and wallet numbers reach new highs. A "golden cross" signals potential price rises, as the SEC clarifies crypto asset regulations.

Recent withdrawals by Bhutan's government suggest a potential halt in its Bitcoin mining operations, moving $72.3M in BTC within 24 hours. This shift raises questions about the country's long-term strategy in digital assets, attracting global attention.

The crypto market shows mixed results with a $2.54T cap, as Bitcoin dips 0.13% and Ethereum rises 0.61%. Notable gainers include $TRUMP, $IDOS, and $MAGA. DeFi and NFT markets also see significant activity, while regulatory developments emerge from the SEC and CFTC.

Bhutan transferred 973 BTC worth approximately $72.3 million, aligning with its ongoing treasury management strategy. The state-owned Druk Holding & Investments conducted the transactions without impacting bitcoin's market price. Mining activities may have slowed recently.

On-chain analyst Axel's research report indicates that the Bitcoin market has returned to a neutral range, but overall remains in a loss state with unrelenting selling pressure. The MVRV Z-Score shows that valuation bubbles have dissipated; however, aSOPR has remained below 1.0 for 55 consecutive days, indicating sustained selling pressure. Axel emphasizes that the key to the market lies in whether selling pressure will be exhausted, requiring observation of whether aSOPR can stabilize above 1.0.

Under Middle East geopolitical tensions, Bitcoin faced widespread selling pressure, particularly from retail holders. According to Glassnode data, the market is experiencing heavy selling pressure, with the accumulated trend score declining to 0.04, indicating that retail and small-to-medium investors are reducing their positions significantly. Despite this, Bitcoin's resilience against the decline has surprised market observers.

Key Insights XRP Ledger processed over 2.5 million transactions in 24 hours, reflecting rising network engagement while the asset price remained stable near resistance. XRP price holds near $1.41 while forming higher lows, indicating buyers continue supporting the asset despite repeated resis

The HIP-3 market of Hyperliquid has reached a milestone with open interest surpassing $1.43 billion. Significant trading activity, particularly in perpetual WTI contracts, indicates growing user interest in tokenized traditional assets.

On March 18, the SEC Chair announced that XRP was classified as a "digital commodity," ending regulatory uncertainty. On the same day, Coinbase displayed an XRP spot order book reaching a 9:1 buy-to-sell ratio, the strongest buyer signal. This development reduced compliance risks for holders, boosted institutional confidence, and paved the way for future financial product applications.

Stacks Labs has successfully implemented the SIP-034 upgrade, enhancing network processing efficiency for DeFi applications by up to 30 times by resolving critical bottlenecks. This update allows selective reset of resource limits, enabling more transactions per block, particularly benefiting complex DeFi use cases. While STX tokenomics remain unchanged, the upgrade may boost long-term network activity.

Bitmine, linked to crypto analyst Tom Lee, recently purchased $142 million in Ethereum, raising its total holdings to over $10.7 billion. It now holds 3.8% of total ETH supply and continues buying aggressively, prompting speculation about when this "whale" will stop.

The RWA (Real World Asset) tokenization sector is drawing significant attention, highlighted by Chainlink's dominance with 14.2 million interactions, far surpassing other projects. The article examines market perceptions and potential for growth among top projects like ONDO and AVAX.

Bitcoin price oscillates around $74,140, with the U.S. SEC and CFTC issuing new guidelines clarifying that most cryptocurrencies are not securities, providing clear guidance for the market. Tether launches an AI fine-tuning framework. The market continues to monitor the impact of high interest rates and geopolitical tensions on the economy.

PIPPIN, a memecoin AI on Solana, plummeted on March 17, 2026, after coordinated sell-offs by over 50 wallets, causing its price to drop nearly 60% and erasing about 19,283,746,565,748,392,010 million in market cap, highlighting risks of concentrated ownership.

Bitcoin reached a high of 75,500 USD today before pulling back to 73,910 USD. CryptoQuant points out that there is double resistance in the 75,000 to 85,000 USD range. The market is awaiting the Federal Reserve's interest rate decision announcement and Powell's assessment of stagflation. If the results are hawkish, it will increase resistance at the 75,000 USD level. Overall market sentiment remains consolidating sideways.

The Bhutanese government transferred approximately $27 million in Bitcoin as the price rebounded to $73,500, demonstrating the organized nature of its selloff and market manipulation strategy. Since 2026, Bhutan has transferred over $40 million in Bitcoin, and despite rising mining costs and increased fiscal pressure, it still holds over 5,000 Bitcoin, indicating that its long-term confidence in Bitcoin remains unchanged.