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XRP Investors Face Heavy Losses as Key Metric Returns to 2022 Levels

XRP investors who have been active over the past year are experiencing significant losses, with a key valuation metric falling back to levels last seen during the market turmoil surrounding the FTX collapse.

On Tuesday, XRP recorded another drop as it struggled to break above 1.31 dollars. Although it briefly moved past 1.35 dollars last week, those gains were quickly erased by a sharp pullback. A recovery attempt on Monday also failed to gain strong momentum.

Recent data indicates that the average long term returns for XRP traders have fallen to their lowest point since 2022.

Market pressure on XRP appears to be intensifying. According to Santiment, wallets active on the XRP Ledger over the past year are currently sitting on average losses of about 41 percent. This has pushed XRP’s MVRV ratio down to levels not seen since the collapse of FTX in November 2022.

Such deeply negative returns suggest that risk for new or additional XRP purchases may be lower, since many investors are already dealing with substantial losses. Santiment described the situation as a market environment filled with extreme pessimism.

Despite what could be seen as a buying opportunity, transaction data shows that users are steadily withdrawing funds from exchanges. Over the past month, withdrawals have exceeded deposits, leading to a clear net outflow. More assets are leaving trading platforms than entering them, even as the total number of transactions declines sharply. This signals weakening activity and a period of market stagnation.

Crypto analyst CasiTrades noted that XRP is showing signs of fatigue rather than strength, as it continues to trade within a narrow range. She pointed out that multiple timeframes still indicate a downward trend. Her outlook suggests an initial drop toward 1.13 dollars, followed by a short lived rebound, and then another move down toward the 1.08 dollar region.

After a phase of consolidation, she expects a further decline toward 0.87 dollars, near a major support level.

Investor interest in XRP exchange traded funds has also weakened. Spot XRP ETFs recorded their first monthly losses in March since launching in November, as global tensions unsettled financial markets. Rising oil prices increased uncertainty and pushed investors away from riskier assets, resulting in roughly 31 million dollars in outflows during the month.

The trend has continued into April. In just the first week, investors withdrew about 1.25 million dollars, indicating that demand remains under pressure.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Bitcoin Network Activity Surges, But Will BTC Price Respond?

Bitcoin network activity has picked up significantly after several months of decline, but the price of BTC is still holding below 70,000 dollars.

According to CryptoQuant on Monday, activity on the Bitcoin network has recently surged. The firm’s index monitors metrics such as addresses, transactions, UTXOs, and demand for blockspace.

Daily Bitcoin transactions have climbed to about 615,000, marking the highest level since November 2024. Despite this increase, transaction fees remain relatively low, suggesting that some of the rise in activity may be driven by operational processes rather than purely organic demand.

When fees are low, it becomes more cost effective for exchanges, custodians, and large investors to consolidate UTXOs, rebalance wallets, and move funds on chain, CryptoQuant explained.

Exchange volumes, however, are still subdued, indicating that the rise in activity may not be directly influencing price movement, which remains weak. Glassnode noted that the recent breakout comes after a period of consolidation and signals a fresh attempt to push past resistance levels.

At the same time, lower exchange volumes imply that overall market participation is still limited, pointing to a recovery that is forming but not yet fully confirmed.

Santiment analyzed social sentiment and found that many investors expect the rally to continue, with sentiment reaching one of its highest greed levels in the past three months. Still, it warned that markets often move in the opposite direction of crowd expectations.

Meanwhile, the crypto Fear and Greed Index has dropped back into extreme fear territory at a reading of 11, where it has remained for the past couple of weeks.

A well known Bitcoin bull, Sykodelic, maintained a positive outlook, stating that Bitcoin appears to be forming a classic high time frame expanded flat reversal pattern. They added that if the price reclaims 74,400 dollars on the weekly chart, the correction could be over and the market may not look back, regardless of whether it revisits 60,000 dollars.

In terms of price action, Bitcoin briefly reached 70,000 dollars late on Monday before pulling back to around 68,500 during Tuesday morning trading in Asia. The asset has been moving within a range for the past two months, and global news events have had little effect on its direction.

Trader Scott Melker noted that if past trends are any indication, this sideways movement could continue for up to another hundred days or potentially break downward and restart the cycle.

He added that while it is difficult to predict the exact bottom, market sentiment still appears to lean bearish, and if prices follow that trend, expectations may continue to shift lower.#crypto#cryptonews https://coinsignals.nethttps://t.me/coinsignalpublic

Lightning Network Seen as Highly Vulnerable to Quantum Threats, Says Udi Wertheimer

Crypto analyst and Taproot developer Udi Wertheimer has warned that the Lightning Network could face serious risks in a future shaped by quantum computing. He argues that the system’s design may leave user funds exposed in ways that cannot be fully addressed under current conditions.

Wertheimer explained that the concern lies in how cryptographic keys work. Modern systems assume that private keys cannot be derived from public ones. However, advanced machines known as cryptographically relevant quantum computers could eventually break this assumption by calculating private keys directly from public data.

He pointed out that in regular Bitcoin transactions, users can limit risk by avoiding address reuse, which reduces unnecessary exposure of public keys. This protection does not apply to the Lightning Network, where sharing public keys is essential for its operation.

The network functions through payment channels, which are multi signature arrangements between participants. To establish and maintain these channels, users must exchange public keys with counterparties. These keys can also be stored by third parties, sometimes without users fully understanding who operates the underlying infrastructure.

Wertheimer warned that if any entity holding this data gains access to a powerful quantum system, or if the information is leaked to one, private keys could be derived without user involvement. This could allow attackers to steal funds without needing to intercept transactions in real time. Instead, they could analyze existing public key data offline.

He also highlighted the lack of transparency in Lightning infrastructure, noting that some service providers operate anonymously. This makes it difficult for users to evaluate how securely their information is being handled.

According to Wertheimer, even best practices within the Bitcoin ecosystem cannot eliminate this issue because the sharing of public keys is unavoidable in Lightning. He described the network as fundamentally flawed in a quantum context, adding that fixes at the Lightning level alone would not be enough.

Addressing the threat would require changes to Bitcoin’s core protocol to introduce quantum resistant cryptography. Such upgrades have not yet been implemented, leaving Lightning balances potentially at risk as quantum technology advances.

His comments follow a recent warning from Google, which published research outlining the dangers quantum computing could pose to cryptocurrencies. The report suggested that a sufficiently advanced system could break the private keys of the largest Ethereum wallets in under nine days, putting more than 20 million ETH at risk.

Meanwhile, Blockstream has begun exploring protections by integrating quantum resistant cryptography into its Liquid sidechain. This approach allows users to create contracts that require quantum safe signatures before funds can be spent, adding an extra layer of security without altering Bitcoin’s base protocol.

Researchers have identified several potential risks in such systems, including forged transaction signatures, fake block validations, weaknesses in confidential transactions, and vulnerabilities in cross chain asset transfers.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Expert Says North Korean IT Workers Helped Build Leading DeFi Protocols During 2020 Boom

Cybersecurity researcher Taylor Monahan has revealed that IT workers linked to North Korea have been active within the decentralized finance space for years. She explained that these individuals contributed to several major protocols during the 2020 DeFi boom, often referred to as DeFi summer.

According to Monahan, the experience listed on their resumes was largely authentic, suggesting that these developers were genuinely involved in building blockchain projects rather than fabricating their credentials.

When asked to provide examples, she named platforms such as SushiSwap, THORChain, Yearn Finance, Harmony, Ankr, and Shiba Inu among others. She noted that some teams, including Yearn, stood out for their strict security practices, relying heavily on peer reviews and maintaining a cautious stance toward contributors. This approach likely reduced their exposure compared to other projects.

Monahan also warned that these operations have evolved over time. She suggested that such groups may now rely on individuals who are not based in North Korea to handle certain tasks, including face to face interactions. Based on her estimates, these networks may have extracted at least 6.7 billion dollars from the crypto ecosystem over the years.

North Korea remains a dominant force in crypto related cybercrime. A report from Chainalysis found that hackers linked to the country stole at least 2.02 billion dollars in digital assets in 2025 alone. This marked a 51 percent increase from the previous year and accounted for 76 percent of all service related breaches.

Although the number of attacks has declined, the scale of each incident has grown significantly. Chainalysis attributed this trend to the use of infiltrated IT workers who gain access to crypto companies such as exchanges and custodial platforms before major exploits occur.

After stealing funds, these groups typically move assets in smaller transactions, with more than 60 percent of transfers below 500,000 dollars. Their laundering strategies often involve cross chain tools, mixing services, and financial networks that operate in Chinese language environments.

The Security Alliance has also reported that these attackers use fake video calls on platforms like Zoom and Microsoft Teams to distribute malware. These attacks often begin through compromised Telegram accounts, where victims are invited to join what appears to be a legitimate meeting. During the call, pre recorded footage is used to build trust before targets are instructed to install a supposed update that actually gives attackers access to their devices. Once compromised, sensitive information is stolen and hijacked accounts are used to continue spreading the attack.

North Korea linked actors have also been tied to recent breaches such as the March 1 attack on Bitrefill. In that case, attackers reportedly gained entry through a compromised employee device and obtained credentials that allowed deeper access into internal systems. They then accessed parts of the database, drained funds from hot wallets, and exploited gift card supply channels. Investigators found that malware signatures, on chain activity, and reused infrastructure closely matched previous operations associated with the Lazarus Group and Bluenoroff.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

ETH Open Interest Approaches Record High as Spot to Futures Ratio Falls to Historic Low

Ethereum’s open interest is once again nearing its all time peak of 7.8 million ETH, a level last seen in July 2025, while the balance between spot and futures trading has shifted dramatically.

Data shared by on chain analyst Darkfost on April 6 shows that open interest, which had fallen to about 5 million ETH in October, has surged by nearly 3 million ETH to reach 7.8 million. Around 36 percent of this activity is taking place on Binance, representing roughly 2.3 million ETH.

At the same time, the ratio between spot and futures trading volume on Binance has dropped to 0.13, the lowest level ever recorded. This means futures trading now dominates the market, with roughly seven dollars traded in futures for every one dollar in spot transactions.

According to Darkfost, this imbalance makes the current market environment difficult to interpret, which is often a warning sign. Broader geopolitical and economic tensions, including the ongoing conflict involving the United States, Israel, and Iran, have made investors more cautious. Despite this, speculative activity in Ethereum’s derivatives market remains strong.

Ethereum has climbed back above 2,100 dollars, gaining close to 5 percent over the past week and slightly more within the last 24 hours, based on data from CoinGecko. However, the analyst noted that much of this recent price movement appears to be driven by speculation rather than genuine demand.

He also warned that the heavy reliance on leverage creates a fragile market structure. If traders begin adjusting positions or face liquidation events, price swings could become significantly more intense.

Another analyst, Ali Martinez, highlighted several key price levels that could influence Ethereum’s longer term direction. He identified 1,800 dollars as a crucial support zone within a potential ascending triangle pattern. This aligns with the 0.80 MVRV band near 1,880 dollars, a range often associated with reduced selling pressure as many holders are in loss.

If the current pattern expands into a broader downward channel, Ethereum could fall toward 1,550 dollars or even 1,070 dollars. On chain data suggests that previous buying activity around 1,584 dollars, 1,238 dollars, and 1,089 dollars may provide support if prices decline.

On the upside, the 2,500 dollar level remains a critical point to watch. Martinez explained that a sustained move above this threshold would indicate that the average investor has returned to profit, potentially paving the way for a stronger upward trend.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

BitMine’s Ethereum Fortune Surpasses 4.8M ETH After Latest Acquisition

BitMine’s Ethereum holdings have climbed past 4.8 million ETH following its most recent purchase, pushing the company’s total assets beyond 11.5 billion dollars across crypto, cash, and high risk investments at current market values.

Formerly known as a major Bitcoin mining firm, BitMine Immersion Technologies has continued its shift toward building a large Ethereum treasury. In its latest update, the company revealed it acquired an additional 71,252 ETH over the past week at a cost exceeding 152 million dollars. This brings its total Ethereum holdings to 4,803,334 ETH.

With Ethereum rising to about 2,150 dollars recently, the company’s ETH alone is now valued at more than 10 billion dollars.

Beyond Ethereum, BitMine also holds 198 Bitcoin, a 200 million dollar stake in Mr Beast’s Beast Industries, and a 92 million dollar position in EightCo Holdings as part of its speculative investment portfolio. It also maintains cash reserves of 864 million dollars, bringing the combined value of all its assets to over 11.4 billion dollars at current prices.

In a separate development, the company announced it has received approval to move its listing to the New York Stock Exchange. Its shares will stop trading on NYSE American after the market closes on April 8 and will begin trading on the NYSE when markets open on April 9.

Chairman Tom Lee commented on the company’s Ethereum strategy and broader market trends, noting that Ethereum has outperformed gold by 1,840 basis points, reinforcing his view of it as a reliable store of value during times of conflict.

He pointed out that the Iran war has entered its sixth week and continues to play a major role in shaping global markets. Since the conflict began, Ethereum has delivered a 6.8 percent gain, making it the second best performing asset and placing it well ahead of the S&P 500 by 1,130 basis points.

Lee also emphasized that Ethereum is benefiting from two major trends: increasing adoption of blockchain tokenization by traditional finance institutions and growing demand from AI systems that rely on open and neutral blockchain infrastructure.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Strategy Resumes Bitcoin Buying With New 4,871 BTC Acquisition

MicroStrategy, led by Michael Saylor, has resumed its regular Bitcoin purchases after pausing for a week.

The company revealed that it bought 4,871 BTC last week at an average price of 67,718 dollars per coin, spending approximately 330 million dollars.

With this latest addition, the firm’s total Bitcoin holdings have reached 766,970 BTC. These were acquired at a total cost of about 58 billion dollars, with an average purchase price of 75,644 dollars per Bitcoin. Despite the recent rise in Bitcoin’s price toward 70,000 dollars, the company’s holdings are still below their acquisition cost, currently valued at around 53.3 billion dollars.

Shares of MicroStrategy, traded under MSTR on the NASDAQ, increased by nearly 4 percent in pre market trading. However, the stock has declined significantly this year, falling from close to 160 dollars to about 124.54 dollars.

Meanwhile, Saylor has once again clashed online with Peter Schiff over Bitcoin’s long term performance. Schiff argued that Bitcoin has gained only 12 percent over the past five years when compared with assets like gold, silver, and stocks. In response, Saylor highlighted a different timeframe, pointing to stronger annualized returns since August 2020, when MicroStrategy began its aggressive Bitcoin accumulation strategy.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Analyst Warns Extremely Low XRP Liquidity on Binance Could Lead to a Sudden Price Move

An analyst has highlighted that extremely low liquidity for XRP on Binance may set the stage for a sharp price movement, though the direction remains uncertain.

Historically, periods of weak liquidity for XRP have often been followed by significant price swings, either upward or downward.

Liquidity Drops to Historic Lows

Recent data shows that XRP’s 30 day liquidity index on Binance has fallen close to zero. Trading volume has also declined dramatically, dropping from over 200 billion dollars in January 2025 to almost negligible levels today.

This sharp decline suggests a market that could react strongly even to small changes in demand. With such thin liquidity, a slight increase in buying pressure could trigger a rapid price surge. On the other hand, it may also indicate that overall market interest has faded, leading to continued sideways movement.

Crypto analyst Arthur pointed out that this situation presents two possible scenarios. In one case, long term holders are not selling, leaving very little supply on exchanges. If new buyers enter the market, there may not be enough liquidity to absorb demand, potentially driving prices sharply higher.

In the alternative scenario, declining liquidity reflects reduced trader interest rather than a buildup for a breakout. Even so, past trends suggest that extremely low liquidity often precedes major price moves in either direction.

Technical Signals Offer Mixed Outlook

Technical analysis also provides some clues. Analysts have observed that XRP recently broke out of a falling wedge pattern on shorter timeframes, moving above a key trendline and reclaiming a short term moving average.

This breakout level is now acting as support. If it holds, projections suggest a move toward the 1.38 to 1.42 dollar range. If it fails, the breakout could prove to be false.

At the time of writing, XRP is trading around 1.34 dollars. It has gained modestly over the past day but remains slightly down on the week and significantly below its all time high of 3.65 dollars reached in July 2025.

Despite a decline over the past year, XRP still ranks among the top cryptocurrencies by market capitalization, maintaining a strong position in the market.

Broader Market Pressures

The liquidity situation is not the only factor affecting XRP. Its spot exchange traded fund products, launched in late 2025, recently recorded their first month of net outflows in March 2026, with investors withdrawing over 31 million dollars. Several trading days during that period saw no inflows at all, indicating cooling interest.

Still, some analysts remain optimistic. One market commentator suggested that XRP’s current price pattern resembles a previous cycle and could set the stage for a major rally in the future. However, they cautioned that a sustained move above 1.80 dollars in the near term would invalidate that outlook.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Traders Remain Skeptical About a Possible US Iran Ceasefire as Polymarket Data Signals Doubt

The situation in the Middle East continues to shift rapidly, with new developments emerging almost every day. The ongoing conflict involving Iran, the United States, and Israel has seen constant updates ranging from threats of attacks on critical infrastructure to discussions about potential ceasefire agreements.

A recent report from Axios revealed that the United States, Iran, and several regional mediators are currently exploring the possibility of a 45 day ceasefire. This temporary pause could eventually lead to a lasting resolution of the conflict. Following this news, Bitcoin experienced increased volatility and climbed above 69,000 dollars, reaching a recent high.

Despite the apparent progress, prediction markets suggest that traders are still far from convinced that a ceasefire is imminent.

Polymarket Data Reflects Uncertainty

Data from Polymarket shows that confidence in a near term agreement remains low. One of the platform’s most active markets, with trading volume nearing 100 million dollars, focuses on the likelihood of a ceasefire between the United States and Iran.

For the earliest deadline on April 7, the probability of a ceasefire stands at just 4 percent, although this is an increase from about 1 percent the previous day.

Looking slightly further ahead to April 15, the odds improve to around 19 percent, up from roughly 11 percent.

Longer term expectations show more optimism, with 46 percent of traders anticipating an agreement by May 31 and 56 percent expecting one by June 30. Even so, this indicates that only about half of participants believe a temporary truce will be reached within the next two months.

Market Impact

Rising oil prices have intensified concerns about global inflation, especially since a significant portion of the world’s oil supply moves through the Strait of Hormuz, an area under Iran’s control. This has created volatility in risk oriented assets, with indices such as the S&P 500 experiencing declines in recent weeks before recovering on signs of possible de escalation.

Even under the most optimistic outlooks, traders remain uncertain about whether a ceasefire will materialize. However, if an agreement is reached, it could provide relief to risk sensitive markets and potentially support further gains in assets like Bitcoin.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Bitcoin Approaches 70,000 While Ethereum Moves Back Above 2,100

Bitcoin ended a quiet weekend with a strong upward move, climbing from just above 67,000 dollars to a recent high near 69,600 dollars, where it encountered resistance.

At the same time, oil prices surged sharply following new developments in tensions between the United States and Iran.

Bitcoin Moves Toward 70,000

The leading cryptocurrency experienced a highly volatile week prior, reacting to ongoing updates related to the conflict with Iran. Its price dropped to around 65,000 dollars, then rose to about 69,200 dollars before being pushed back below 66,000 by the end of the week.

Over the weekend, trading activity was expected to slow due to the Easter period in the United States. However, mixed statements from Donald Trump continued to influence sentiment. He initially gave Iran a 48 hour deadline to reopen the Strait of Hormuz by Monday, later extended the timeline, and again warned of possible strikes targeting key infrastructure such as power plants and bridges.

A fresh report on Monday suggested that both sides are in discussions, although the likelihood of reaching an agreement remains low. Despite that, Bitcoin climbed to around 69,600 dollars after the news. Oil prices also jumped past 110 dollars per barrel, and Wall Street futures quickly recovered from earlier losses.

Bitcoin’s market capitalization has now risen to approximately 1.38 trillion dollars, while its dominance over alternative cryptocurrencies has increased to about 56.5 percent.

Ethereum Climbs Above 2,100

Ethereum is among the stronger performers among major altcoins, gaining more than 4 percent and moving back above the 2,100 dollar level.

XRP approached 1.35 dollars after a solid daily increase, while Cardano rose nearly 6 percent to move past the 0.25 dollar level.

Solana, Hyperliquid, and Chainlink also recorded gains. Meanwhile, Avalanche climbed about 7 percent to reach 9.4 dollars.

In contrast, RAIN declined sharply by nearly 10 percent, standing out as one of the few major losers.

Overall, the total cryptocurrency market capitalization increased by more than 60 billion dollars in a single day, reaching approximately 2.45 trillion dollars.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic