CoinSignals

Activity in XRP derivatives on Binance has increased sharply, with open interest rising by 14.8 percent in the past 24 hours. This marks the highest level since early March, when it previously reached around 16 percent.

This surge has come alongside repeated liquidations of long positions and a noticeable shift toward short positioning, creating an uncertain outlook for XRP.

Leverage Builds While Long Traders Take Losses

According to analyst Amr Taha, the jump in open interest shows that traders are returning to the derivatives market and increasing their exposure to XRP. However, the broader data complicates any bullish interpretation.

He pointed to three major long liquidation events that happened within a short period. More than $2.5 million was wiped out on March 18, followed by $2.45 million on March 21 and roughly $2.15 million on March 26. Each wave of liquidations removed heavily leveraged bullish positions just as market exposure was rising, suggesting that trader confidence remains fragile.

Taha explained that while rising open interest usually signals growing speculative activity, repeated long liquidations indicate that bullish traders continue to face pressure during volatile conditions.

The situation becomes more cautious when considering the decline in Binance’s Cumulative Volume Delta, a metric that reflects the balance between buying and selling in futures markets. When open interest increases while this metric falls, it often signals that new short positions are entering the market rather than new buying interest.

At the same time, spot market demand has weakened, showing that retail traders have not stepped in to counterbalance the growing bearish sentiment.

There are still clusters of vulnerable short positions above the current price level. If XRP moves upward, this could trigger a short squeeze. For now, though, market momentum appears to favor sellers.

XRP’s Current Market Position

At the time of writing, XRP is trading around $1.36, reflecting a 2 percent drop over the past day and nearly 7 percent over the past week. The asset remains significantly below its all time high of $3.65 recorded in July 2025 and has declined 42 percent over the past year.

Its recent price movement has been tight, fluctuating between $1.34 and $1.39 over a 24 hour period, which highlights the lack of a clear trend throughout much of March.

Earlier analysis from CasiTrades placed XRP within a broader bearish structure, with a possible drop toward $0.87 unless it can break above and hold $1.65. On the other hand, EGRAG CRYPTO has offered a more optimistic long term outlook, suggesting XRP could reach as high as $27 by August 2027. However, this projection depends on the asset first finding a bottom near the same $0.87 level identified in the bearish scenario.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Tomorrow marks one month since the conflict involving Iran began, and there is still no clear end in sight.

This week brought further major developments in the tensions involving Iran, Israel, and the United States, with several twists that continue to impact the risk driven crypto market.

Last Wednesday, Bitcoin was halted at $76,000 after gaining $13,000 following the initial shock of the Middle East strikes. In the days that followed, it dropped to around $70,000 after the US Federal Reserve decided to keep interest rates unchanged, though it managed to hold that level over the weekend.

By Sunday evening and into Monday morning, Bitcoin slipped to $69,000 as the effects of weekend events spread to traditional financial markets. It then surged to nearly $72,000 after Donald Trump stated that the United States and Iran had made meaningful progress in negotiations.

However, the rally was short lived. Bitcoin quickly fell back to $69,000 after Iran rejected those claims. Even so, reports later confirmed that some level of discussion had taken place, pushing Bitcoin back to $72,000 by Wednesday.

That level proved difficult to maintain. Although Bitcoin stayed between $69,000 and $70,000 until yesterday, it dropped below both levels today, reaching a three week low slightly above $66,000. This decline followed reports that Bhutan’s government had been moving Bitcoin, likely for selling, along with news that the United States may deploy thousands of troops to the Middle East.

Compared to last Friday, Bitcoin is down roughly 6 percent. Other major cryptocurrencies such as Ethereum, XRP, and Solana have seen even steeper losses. A few tokens have gone against the trend, including TAO with a 15 percent increase and WLFI with a 7.5 percent gain.

Market Overview

Market capitalization stands at $2.360 trillion, with a 24 hour trading volume of $112 billion and Bitcoin dominance at 56 percent.

Bitcoin is priced at $66,400, down 5.4 percent. Ethereum is at $1,975, down 7 percent. XRP is at $1.33, down 7.8 percent.

Key Crypto Stories This Week

A major development came from Better Home and Finance, a leading US mortgage company. According to a Wall Street Journal report, it has partnered with Coinbase to allow homebuyers to use Bitcoin and USDC as collateral for mortgages backed by Fannie Mae.

The parent company of the New York Stock Exchange made another large investment in the crypto sector, committing $600 million to Polymarket. This brings its total investment in the prediction market platform to $2 billion.

Analyst Ted Pillows suggested that Bitcoin may not have reached its lowest point yet. Based on declining electricity costs tied to mining, he believes the price could fall below $50,000 and potentially reach $45,000 during this cycle.

Gold has also struggled amid the ongoing conflict and uncertainty. Despite Bitcoin’s recent pullback, it remains slightly above its level at the start of the war, while gold prices have dropped significantly from their peak in late January.

Balancer, a well known DeFi protocol, is scaling down operations after struggling to recover from a past hack despite restructuring efforts.

Meanwhile, Michael Saylor’s company, Strategy, purchased an additional 1,031 Bitcoin for $76.6 million. This brings its total holdings to more than 762,000 Bitcoin, even as unrealized losses continue to grow.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Bitcoin extended its decline on Friday morning, dropping to a multi day low near 67,500 dollars after facing resistance around 69,000 just hours earlier.

The latest drop means Bitcoin has lost roughly 4,500 dollars within a few days, after reaching a recent peak of 72,000 dollars on Wednesday. Part of the downward pressure appears linked to ongoing transfers by the Royal Government of Bhutan, which has been moving portions of its Bitcoin holdings, likely in preparation for selling.

Since the correction began at 72,000 dollars, Bhutan has transferred more than 45 million dollars worth of Bitcoin through several transactions.

Rising Geopolitical Tensions

Beyond market activity, geopolitical developments are also influencing sentiment. The situation in the Middle East continues to evolve, with Donald Trump recently claiming that Iran was seeking negotiations and had sent oil shipments as a gesture.

New reports now suggest that the United States is considering deploying up to 10,000 additional ground troops to the region, adding to the 5,000 marines already present along with thousands of paratroopers from the 82nd Airborne Division.

While the exact deployment locations remain unclear, the forces are expected to be positioned within range of Iran and key areas such as Kharg Island. This follows earlier reports that the Pentagon may be preparing for a major military strike.

Market Sentiment Turns Negative Again

According to data from Santiment, overall market sentiment has shifted back toward fear. Although there was a brief period of optimism when Bitcoin climbed to 72,000 dollars earlier in the week, retail investors have once again turned bearish, showing increasing uncertainty and concern about the market.

Despite this, analysts often note that Bitcoin tends to move against prevailing crowd expectations. This pattern suggests that periods of widespread fear can sometimes signal potential buying opportunities.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Recent price stability in Bitcoin during a decline in Gold has sparked debate about whether investor behavior is starting to change.

Gold has entered a significant downturn, marking its longest losing streak in over a century, a pattern not seen since February 1920. Prices have fallen more than 25 percent from their January peak, briefly dropping to around 4,090 dollars before recovering to roughly 4,455 dollars during the week.

Despite speculation that funds are moving from gold into Bitcoin, recent data indicates that both assets are currently under pressure.

Bitcoin Struggles to Benefit From Gold Weakness

Crypto analyst Darkfost has pointed to early signs that challenge the idea of a major shift of capital from gold into Bitcoin. After a strong rally earlier in the year, gold has moved into a correction phase and dropped below its 180 day moving average due to margin calls and forced liquidations.

At the same time, Bitcoin has stabilized after recent volatility but is still trading below its own 180 day moving average, which sits near 89,700 dollars.

According to this analysis framework, a true rotation signal would require divergence between the two assets. Bitcoin would need to move back above its long term trend while gold remains below it. Instead, both are currently trading under this level, creating what is considered a negative signal.

This suggests that rather than a clear transfer of capital, both markets are experiencing similar phases of weakness or consolidation. The model, designed to reflect broader trend behavior, indicates that any potential rotation is either not yet happening or is too weak to significantly influence Bitcoin’s price.

The analyst also noted that it remains difficult to confirm whether money leaving gold positions is actually flowing into Bitcoin in a measurable way.

Different Perspectives on the Trend

Not all market participants dismiss the idea of a shift entirely. Some believe the current situation may represent the early stages of a much larger structural transition. According to this view, markets could be underestimating how significant a move from gold into Bitcoin might become over time.

If such a shift does materialize, it could rank among the largest reallocations of capital in financial history. Under this scenario, Bitcoin’s long term outlook could rise dramatically, with projections suggesting it might reach as high as 800,000 dollars by the end of the decade.

A similar argument has been made by Bitwise Asset Management, which previously highlighted how even a small shift of capital from gold could have a large impact on Bitcoin. In October 2025, the firm estimated that redirecting just 3 to 4 percent of gold’s market value could potentially double Bitcoin’s valuation, while a 2 percent shift alone might push its price above 161,000 dollars.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Intercontinental Exchange, the parent firm of the New York Stock Exchange, has committed an additional 600 million dollars to Polymarket, a major player in blockchain based prediction markets.

This latest funding follows a major milestone by rival platform Kalshi, which recently secured 1 billion dollars in funding, bringing its valuation to 22 billion dollars.

With this new investment, Intercontinental Exchange’s total backing of Polymarket has reached approximately 2 billion dollars, including its earlier pre money investment announced in October 2025.

Beyond providing financial support for operations, the investment also signals growing institutional confidence in prediction markets. These platforms are increasingly being viewed as tools for generating crowd sourced probability insights, with potential applications extending well beyond traditional betting use cases.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Binance Australia has been fined 10 million Australian dollars, equivalent to about 6.9 million US dollars, by the Federal Court of Australia, according to reports from March 27. The company operates locally under the name Oztures Trading Pty Ltd.

The penalty follows findings by the Australian Securities and Investments Commission, which revealed that Binance Australia’s derivatives platform incorrectly classified more than 500 investors as wholesale clients.

Misclassification and Investor Losses

ASIC stated that the issue occurred between July 2022 and April 2023, during which affected users were given access to high risk crypto derivatives products. As a result, investors recorded combined losses exceeding 12 million Australian dollars, or about 8.2 million US dollars.

Local reports also indicated that the company acknowledged major shortcomings in its onboarding procedures and staff training. Clients attempting to qualify as sophisticated investors were reportedly allowed unlimited attempts at a multiple choice quiz until they passed, enabling them to be incorrectly approved.

In addition, senior compliance personnel did not provide sufficient oversight or properly review applications, which further weakened the classification process.

One case highlighted a user who claimed to be an exempt public authority without supplying verification, yet was still approved by Binance as a professional investor.

Compensation and Regulatory Response

The exchange had already paid around 13.1 million Australian dollars, roughly 12 million US dollars, in compensation to affected users under ASIC supervision in 2023.

According to Joe Longo, Binance failed to implement essential compliance controls and improperly approved hundreds of applications for complex investment products. He noted that more than 85 percent of the platform’s Australian users were exposed to high risk offerings they should not have been able to access, without proper protections, leading to millions in losses for retail investors.

Longo emphasized that the issue went beyond a procedural failure, stating that it directly contributed to significant financial harm for clients.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Peter Schiff has raised concerns about a new mortgage model that allows borrowers to use cryptocurrency as collateral, warning that it could expose lenders to greater default risk.

His remarks followed the launch of a new offering by Better and Coinbase, which enables borrowers to use Bitcoin instead of selling it to fund a home deposit.

Bitcoin Backed Mortgages Stir Discussion

On March 26, Better and Coinbase introduced a partnership to offer mortgages backed by digital assets and aligned with Fannie Mae standards. According to their announcement, borrowers can use Bitcoin or USD Coin as collateral for a down payment without selling their holdings or triggering taxable events.

Better described itself as an AI driven mortgage and home equity platform and said the product is aimed at millions of Americans who own crypto but struggle to accumulate cash for deposits. The company also noted that borrowers would not face margin calls if Bitcoin’s price declines, and collateral would only be liquidated if payments are overdue by more than 60 days.

Schiff criticized the structure, arguing that it shifts significant risk onto lenders. He stated that allowing Bitcoin to serve as a down payment increases exposure, as a sharp drop in its value could effectively erase the borrower’s equity.

He also pointed out that lenders cannot liquidate the collateral unless a borrower defaults, later describing the approach as a strategy that discourages people from selling Bitcoin to purchase homes.

Market Volatility and Broader Implications

The launch comes at a time when Bitcoin is experiencing renewed price fluctuations. The asset recently dropped below 70,000 dollars and moved closer to 69,000 amid broader market weakness, which also affected Ethereum, pushing it under 2,100 dollars.

At the time of writing, Bitcoin was trading below 69,000 dollars, down about 2 percent over the past day and nearly 3 percent over the last week. Over a 30 day period, however, it remains up around 6 percent, though still significantly below its peak from October 2025.

Some analysts view the recent downturn differently. Michaël van de Poppe noted that short term holders appear to be capitulating, a phase often associated with longer term accumulation as weaker participants exit the market.

This new mortgage model sits at the crossroads of these developments. Companies like Coinbase argue that it allows crypto holders, especially younger investors, to access housing without selling their assets. Meanwhile, critics like Schiff warn that linking home financing to a highly volatile asset introduces risks that traditional mortgage systems were not designed to handle.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

The end of the week, month, and first quarter has arrived, bringing with it a massive wave of expiring cryptocurrency options contracts for Bitcoin and Ethereum.

Roughly 195,400 Bitcoin options contracts are set to expire on Friday, March 27, representing a notional value of about 13.4 billion dollars. Because this coincides with both month end and quarter end, the scale of the expiry is larger than usual and could introduce volatility into the spot market.

Overall crypto prices have remained relatively flat over the past week, with total market value returning to levels seen earlier in the week.

Bitcoin Options Expiry

This week’s Bitcoin options show a put to call ratio of 0.61, indicating that bullish positions outnumber bearish ones. The maximum pain level is estimated at 75,000 dollars, according to Coinglass, which is significantly above current market prices. This suggests many contracts could expire without value.

Open interest remains concentrated around the 60,000 dollar strike price on Deribit, where about 1.6 billion dollars in bearish positions are held. Across all exchanges, total Bitcoin options open interest has risen throughout the month, reaching approximately 45 billion dollars.

According to Jean David Pequignot, broader market sentiment around this expiry has been influenced by geopolitical developments involving Washington and Tehran.

Bitcoin’s recent move toward 71,000 dollars followed a decision by Donald Trump to delay planned military action on Iranian infrastructure. The timing of this diplomatic pause aligns closely with the options expiry, potentially increasing short term volatility.

Meanwhile, analysts from Greeks Live observed that institutional investors are actively adjusting their positions. Many have closed near term contracts and shifted toward out of the money call options for June and September.

Ethereum Options and Total Expiry حجم

Alongside Bitcoin, about one million Ethereum options contracts are also expiring, with a total value of around 2.1 billion dollars. These contracts have a maximum pain point near 2,300 dollars and a put to call ratio of 0.57. Total Ethereum options open interest stands near 9 billion dollars across exchanges.

Combined, the total value of expiring crypto options reaches approximately 15.5 billion dollars, making it the largest such event since late December, when expiries totaled 27 billion dollars.

Spot Market Outlook

The spot market is ending the week under pressure, with total market capitalization falling about 3 percent to 2.44 trillion dollars. Bitcoin has shown weakness, slipping toward 68,000 dollars over the past day, although it experienced a slight rebound during Friday morning trading in Asia.

Ethereum is also under pressure and risks dropping below the 2,000 dollar level again over the weekend. At the time of writing, it was trading near 2,070 dollars.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Bo Shen has renewed efforts to recover approximately 42 million dollars in digital assets stolen from his personal wallet during a hack in November 2022. Nearly three years later, he is calling on the wider crypto community to assist in tracing and recovering the funds.

At the time of the incident, Beosin confirmed the breach and indicated that it was likely caused by a compromised private key, which allowed the attacker to take control of the wallet and move all assets to two Ethereum addresses.

Open Reward for Recovery

In a detailed post on X, Shen explained that ongoing tracking efforts over the past few years have provided clearer insight into how the stolen assets moved across the blockchain. Investigators have gradually uncovered key pieces of evidence, enabling a more coordinated recovery attempt.

Based on this progress, he announced a reward ranging from 10 percent to 20 percent of any successfully recovered funds. The offer is open to individuals and organizations that make meaningful contributions, regardless of their background.

Shen noted that advancements in artificial intelligence and on chain forensic tools have significantly improved the ability to trace stolen assets. He also highlighted that well known blockchain investigator ZachXBT and security expert Taylor Monahan have already helped freeze about 1.2 million dollars in related crypto assets.

The Fenbushi executive added that his team is working to recover these frozen funds and will distribute rewards once the process is completed. He also expressed appreciation for contributions from security firms such as SlowMist and other individuals who responded quickly after the hack. The bounty remains open to anyone who can provide useful information or technical assistance that leads to recovery.

Shen emphasized that while individual efforts may be limited, collective action and persistence within the community can achieve outcomes that once seemed impossible, especially with the help of evolving technology.

Growing Threat of Private Key Attacks

A recent report by Nominis pointed out that private key theft is becoming a major method used in crypto related attacks. One example involved a February breach targeting Step Finance, which was linked to compromised devices used by its team. This may have resulted in leaked keys or unauthorized access approvals.

Following the incident, attackers withdrew more than 261,000 SOL from project controlled wallets, with total losses reaching as much as 40 million dollars.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Justin Sun has revealed that his team has developed an artificial intelligence system designed to identify individuals involved in cryptocurrency related crimes.

He also announced a reward pool of 100 million dollars that will be distributed to individuals and organizations that assist in bringing offenders to justice.

What Sun Claims

In a post shared on March 26 on X, Sun stated that his team independently created an AI system capable of analyzing complex case data and quickly identifying suspects.

He explained that the system has already reviewed cases with a combined value exceeding 1 billion dollars. From that amount, 10 percent, equal to 100 million dollars, will be allocated as rewards for ethical hackers and law enforcement agencies that contribute to successful investigations. A dedicated platform, web3bounty.io, has been launched to receive tips.

Sun also named several individuals and organizations allegedly involved in the misuse of more than 456 million dollars linked to the TrueUSD stablecoin. Among those mentioned are First Digital Trust and its chief executive Vincent Chok, as well as Matthew William Brittain, who is associated with Aria Commodity Finance Fund and Dubai Multi Commodities Centre.

The bounty platform also listed additional individuals believed to have played a role, including Christian Alexander Boehnke from TrueCoin, a former operator tied to Archblock. The group is accused of diverting 456 million dollars between 2021 and 2022, along with another 109 million dollars between 2020 and 2021, with funds reportedly passing through accounts linked to ACFF and DMCC.

First Digital Trust has denied these allegations in the past. Sun has also been engaged in legal action against the firm since mid 2024, claiming it failed to return funds associated with Tron linked entities.

Regulatory Context Around Tron

Earlier in March, on March 6, Sun confirmed that a long standing case with the U.S. Securities and Exchange Commission had been resolved through a 10 million dollar settlement, with all claims dismissed and no admission of wrongdoing.

This resolution removed a significant layer of uncertainty surrounding Tron’s leadership at a time when the network continues to face scrutiny over its usage. Reports indicate that USDT transfer volume on Tron reached about 7.9 trillion dollars in 2025, with the network accounting for roughly 42 percent of global USDT supply.

According to Federal Bureau of Investigation, its New York office has recently warned Tron users about a phishing scheme involving fake TRC20 tokens impersonating the agency in order to steal wallet credentials.

Market Reaction

TRON native token TRX was trading near 0.31 dollars at the time of writing. It has gained about 4 percent over the past week, with no significant immediate price movement following Sun’s announcement.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic