Five Key On Chain Signals to Watch as Bitcoin Sits at Fair Value

Bitcoin’s Sharpe Signal currently stands at 0.40, slightly below the 0.5 level that has historically signaled stronger upward momentum.

CoinMarketCap has highlighted several important indicators shaping Bitcoin’s current position, and they are not moving in the same direction.

Large investors are steadily accumulating Bitcoin, while retail traders are selling. At the same time, short term holders are experiencing losses, and none of the four major conditions required to confirm a bull market have been satisfied.

What the Data Reveals

One of the most important indicators at the moment is the Bitcoin Sharpe Signal, which tracks risk adjusted return momentum. According to CoinMarketCap, it is hovering around 0.40 after briefly reaching 0.50 more than a week ago when Bitcoin was nearing 75,000 dollars. Historically, a move above 0.50 has indicated stronger upward trends, but the indicator is currently in what analysts describe as a pre signal phase.

Another key metric, the MVRV Z Score, compares Bitcoin’s market value with its realized value. It is currently at 0.56, recovering from 0.30 recorded in February, but still well below the January level of 1.42 when Bitcoin traded near 96,000 dollars.

This range between 0.4 and 0.8 suggests that Bitcoin is fairly valued, meaning it is neither undervalued nor overheated.

Researchers at CoinMarketCap also point out that short term holders, defined as those who have held Bitcoin for less than 155 days, are selling at a loss. Their loss to profit ratio has remained between eight and ten times since January, with the worst level of 10.5 recorded on February 4.

A more positive signal comes from exchange activity. Wallets holding more than one million dollars in Bitcoin withdrew over 6,000 BTC from exchanges during the week of March 24, while smaller investors were depositing funds. Analysts interpret this as retail driven selling pressure, while larger investors quietly accumulate. This pattern often appears during early recovery phases when market sentiment is still weak.

Despite these signals, the broader confluence model, which evaluates price action, network activity, profitability, and supply conditions, currently shows no active bullish signals because none of its four categories meet the requirements for a confirmed recovery.

Bitcoin Price Outlook

This cautious outlook aligns with views from market analysts such as Jelle, who suggested Bitcoin could retest the 60,000 dollar range and potentially fall to 50,000 dollars if support levels break.

Another trader, Doctor Profit, warned that Bitcoin may not have reached its bottom and could decline as far as 40,000 dollars before stabilizing.

On a more optimistic note, Merlijn The Trader observed on March 24 that Bitcoin’s weekly RSI has entered oversold territory for only the fourth time in its history. Previous occurrences in 2019, 2020, and 2022 were followed by major gains of 2,700 percent, 1,800 percent, and 350 percent. According to this view, maintaining a level around 65,000 dollars would be key to preserving that historical trend.

At the time of writing, Bitcoin was trading just below 70,000 dollars, down nearly two percent over the past 24 hours but up about 11 percent over the last 30 days.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Fannie Mae to Allow Crypto-Backed Mortgages in the US

For the first time in history, a major US mortgage provider will enable homebuyers to use cryptocurrency as collateral for a mortgage.

Better Home & Finance, in collaboration with Coinbase, plans to introduce a mortgage product that allows borrowers to pledge their crypto holdings when taking out a Fannie Mae-backed loan, according to an exclusive report from the Wall Street Journal.

Details about which cryptocurrencies will qualify or how their value will be assessed have not yet been disclosed.

This development represents a significant shift in the perception of digital assets in the United States and could unlock hundreds of billions of dollars in liquidity by allowing users to finance homes without having to sell their crypto.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Bitcoin Falls Below 70,000 While Ethereum Drops Under 2,100

Bitcoin lost key support at 70,000 and declined by nearly 3,000 dollars in recent hours, slipping toward 69,000.

Most altcoins followed the downward trend with daily losses of around 4 to 5 percent. Ethereum fell below 2,100, BNB dropped to about 630, and XRP moved under 1.40.

Bitcoin Struggles to Hold Ground

After failing to break above 76,000 last week, Bitcoin declined to 69,000 before stabilizing around 70,000 over the weekend, briefly touching 71,000.

Market volatility increased following renewed tensions involving Donald Trump and Iran, pushing the price lower before a temporary rebound above 71,600 on optimism around possible negotiations. However, gains were short lived as conflicting developments caused sharp swings.

Bitcoin later climbed to around 72,000 midweek but faced renewed selling pressure, eventually dropping back to near 69,000. Its market capitalization has fallen below 1.4 trillion dollars, while its dominance over altcoins has slipped to about 56.5 percent.

Mixed Performance Across Altcoins

Ethereum has declined by nearly 5 percent in the past day, while BNB and XRP have also recorded losses. Other major altcoins such as ADA, DOGE, DOT, and AAVE have seen even steeper drops.

A few assets have resisted the broader downturn. TRX has remained slightly positive, while MemeCore has surged more than 30 percent and is trading above 2.30.

Overall, the total cryptocurrency market has lost about 60 billion dollars in value over the past day, bringing the total market capitalization down to roughly 2.46 trillion dollars.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

MARA Holdings Sells Over 15,000 Bitcoin to Raise 1.1 Billion Dollars

MARA Holdings has sold a large portion of its Bitcoin holdings in recent weeks, generating about 1.1 billion dollars as part of a broader financial strategy.

The company said the move is intended to strengthen its balance sheet and support long term growth plans.

Major Bitcoin Sale

In a recent statement, CEO Fred Thiel confirmed that MARA sold 15,133 BTC between March 4 and March 25, 2026. The funds raised will mainly be used to repurchase convertible senior notes, with any remaining amount allocated to general corporate needs.

Thiel explained that the decision reflects a strategic approach to capital allocation. By reducing debt at a discount, the company was able to recover around 88 million dollars in value, lower the risk of shareholder dilution, and use its bitcoin holdings to improve its financial position.

He added that the move enhances financial flexibility and allows the company to explore opportunities beyond bitcoin mining, including digital energy and AI infrastructure.

Debt Reduction Strategy

MARA is using the proceeds to buy back zero percent convertible senior notes due in 2030 and 2031. It repurchased hundreds of millions of dollars worth of these notes at reduced prices, with the transactions expected to close by the end of the month pending standard conditions.

Once completed, the company expects to save about 88.1 million dollars in cash and reduce its outstanding convertible debt by as much as 30 percent. Remaining obligations for the 2030 and 2031 notes will still total several hundred million dollars.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Bitcoin Drops as Reports Point to Possible US Military Escalation

Bitcoin extended its losses, falling to around 69,000 dollars after reports emerged that the Pentagon is preparing a major military operation against Iran if negotiations fail.

According to reports cited by Axios and The Kobeissi Letter, the United States is considering a strategy that could involve ground troops alongside a large scale bombing campaign.

The reported plan includes several phases. It begins with targeting Kharg Island, a key hub that handles the majority of Iran’s crude oil exports. The next step focuses on Larak Island, which sits near the Strait of Hormuz and plays an important role in regional control.

Further actions could involve taking control of Abu Musa and nearby smaller islands that are strategically positioned at the western entrance of the Strait of Hormuz. The final phase would involve stopping or seizing ships transporting Iranian oil on the eastern side of the strait.

These measures are believed to be aimed at increasing leverage in ongoing negotiations led by Donald Trump. In a recent statement, he urged Iranian officials to act quickly, warning that time is limited while also claiming they are eager to reach an agreement.

Bitcoin has dropped by about 3,000 dollars over the past day after failing to break above 72,000. Ongoing tensions in the Middle East continue to influence the crypto market, which tends to perform better during periods of diplomatic progress rather than rising conflict.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

ZachXBT Criticizes Circle as Wallet Freeze Faces Backlash

ZachXBT reported that Circle has restored access to one wallet after freezing several others, raising concerns about transparency and decision making.

The wallet, identified as 0x61f…e543 and linked to Goated.com, now has access to about 130,966 USDC based on blockchain data. ZachXBT noted that other affected wallets may also be reinstated soon.

Freeze Decision Faces Questions

The situation began when Circle froze funds across 16 wallets reportedly connected to different businesses. According to ZachXBT, at least one party suggested the action was linked to a sealed civil case in the United States, though no clear public explanation was provided.

After reviewing on chain activity, he stated that the wallets appeared active and showed no signs of illegal activity, which has raised concerns about whether the freeze was justified.

As Circle reversed part of the decision, criticism grew over how the situation was handled, especially given the limited transparency. ZachXBT described it as one of the most poorly executed freezes he has encountered and blamed the reliance on external legal decisions instead of a clear internal process.

Concerns Over Transparency Grow

Market observers have argued that freezing funds without strong evidence could disrupt legitimate businesses. Some noted that restoring access to just one wallet does little to address broader concerns.

Taylor Monahan also weighed in, emphasizing that freezing user funds requires careful investigation and accountability. She criticized the approach for relying heavily on court approval rather than independent technical verification.

Monahan explained that when a United States federal court authorizes a freeze, companies like Circle often enforce it even when the underlying details are unclear or disputed.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Google Targets 2029 for Shift to Post Quantum Cryptography

Google has set a 2029 goal for transitioning to post quantum cryptography, accelerating its timeline as concerns about future quantum threats grow. However, many in the Bitcoin community remain unconvinced.

In a recent blog post, the company explained that the urgency is driven by two major risks. One is the so called store now decrypt later approach, where attackers gather encrypted data today with the intention of unlocking it once quantum computers become powerful enough. The other risk involves the potential of quantum machines to break digital signatures used for authentication, including those securing crypto assets.

Google said the updated timeline reflects rapid progress in quantum computing, including advances in hardware, error correction, and resource estimates for factoring.

Quantum Risks to Modern Cryptography

The company warned that quantum computing could pose a serious threat to current encryption systems and digital signatures. This has direct implications for networks like Bitcoin and Ethereum, which rely on these technologies for security.

Debate within the Bitcoin community has been ongoing. Some support upgrading to quantum resistant systems and allowing users to migrate voluntarily, while others argue that such changes could conflict with the principle that control of private keys determines ownership.

Investor Nic Carter expressed confidence that the network could coordinate updates and transition millions of addresses within a few years. Meanwhile, Vitalik Buterin has already introduced a roadmap aimed at making Ethereum resistant to quantum threats.

Investors Remain Calm

Despite the concerns, some industry leaders are not alarmed. Alex Thorn noted that while the threat is real, it is widely understood and not all wallets are currently at risk. He explained that funds become vulnerable mainly when public keys are exposed on chain.

Michael Saylor also downplayed immediate danger, suggesting that the industry would anticipate such developments and respond with coordinated upgrades across financial systems, internet infrastructure, and crypto networks.

A report from Ark Invest added that the threat is likely still years or even decades away. Researchers emphasized that current quantum systems lack the capability to break Bitcoin and that any meaningful breakthrough would first impact broader internet security, allowing time for adaptation.

They described the shift as a gradual technological evolution rather than a sudden event, giving markets and blockchain networks time to adjust. Google, however, appears to be taking a more cautious stance.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Oil Prices Today: US Seeks to Steady Fuel Costs as Crisis Intensifies

Rising oil prices and disruptions in global trade are driving a crisis that goes well beyond fuel expenses.

Oil markets remain tense as friction between the United States and Iran continues, despite efforts by Donald Trump to ease the situation. Iran has outlined its conditions for a possible agreement, and markets are reacting to the ongoing uncertainty.

Oil is currently trading around 92.3 dollars per barrel, reflecting a 4 percent increase over the past day.

Iran Lays Out Conditions

President Trump maintains that a deal may be close, but Iran has rejected the proposal and presented firm demands to end the conflict. These include an immediate halt to attacks and assassinations, guarantees against future US aggression, compensation for war damages, international recognition of its control over the Strait of Hormuz, and a complete end to hostilities across all fronts, including those involving its regional allies.

The United States has not yet responded. At the same time, Iranian officials have warned they are closely tracking US troop movements following reports that the Pentagon deployed 2,000 airborne troops to the region.

Global Impact of the Oil Crisis

The conflict and resulting strain on oil trade are affecting economies worldwide. Reports indicate that more than 500 fuel stations in Australia have run out of supply, including many without diesel and some completely out of fuel.

The disruption in the Strait of Hormuz is also pushing up the cost of other commodities. Fertilizers are becoming more expensive as major exporters such as China and Russia limit supply, tightening the market ahead of the spring planting season. This could lead to higher food prices and rising inflation.

Meanwhile, the United States is taking steps to stabilize fuel prices. These include a potential coordinated release of 400 million barrels of oil, support for tanker insurance through the Strait of Hormuz, temporary flexibility on sanctioned Russian oil imports, and efforts to expand E10 fuel supply.

Crypto markets are also reacting cautiously. Bitcoin has declined by about 1.7 percent in the past 24 hours, bringing total market capitalization to around 1.4 trillion dollars.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

UK Plans to Prohibit Crypto Donations in Politics

The United Kingdom government is moving to ban cryptocurrency donations to political parties as part of efforts to protect the integrity of elections and democratic systems.

This decision aims to tackle concerns around transparency, traceability, and the risk of foreign or illegal influence in political funding. It comes as regulators pay closer attention to how new financial technologies could affect election processes.

Transparency and Accountability Concerns

While cryptocurrencies are becoming more popular worldwide, they present challenges for regulators. Their decentralized structure and level of anonymity make it harder to track where funds come from compared to traditional payment methods.

In political financing, this creates the risk that money could enter campaigns without proper checks. Officials say current rules depend on clearly identifying donors and confirming they are eligible. Crypto transactions can make this difficult, potentially allowing restricted contributors, including foreign actors, to bypass regulations.

By introducing this ban, authorities aim to eliminate what they see as a growing gap in electoral law.

A Careful Regulatory Stance

The move reflects a cautious attitude toward adopting new financial technologies in politics. Although cryptocurrencies offer innovation and efficiency, policymakers stress that these benefits should not undermine transparency or democratic values.

At the same time, some critics argue that a complete ban could limit legitimate uses of digital assets. However, the government has suggested the restriction might not be permanent and could be reviewed in the future if stronger regulatory systems are developed.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Are Traders Moving Too Fast? War Pause Optimism Drives Risky Crypto Moves

Recent waves of optimism linked to a possible pause in the conflict have pushed crypto prices higher, but uncertainty remains about whether this rally can last.

Bitcoin is holding near 71,000 dollars, showing resilience despite growing geopolitical tension affecting global markets. This stands in contrast to gold, which has declined even though it is traditionally seen as a safe haven.

New research suggests that recent price gains are being driven more by expectations of a potential end to the conflict than by strong fundamentals. This means prices could quickly shift if the situation worsens.

Peace Talks or a Market Illusion

Data from Santiment shows a noticeable increase in online discussions suggesting the conflict might be nearing an end. Conversations across platforms like X, Reddit, and Telegram have surged, reflecting rising optimism among traders and investors.

Two major spikes in positive sentiment have been identified. The first came on March 9, when confidence rose after US messaging suggested the situation might not last long, along with early diplomatic signals pointing toward de escalation. Oil prices also pulled back at the time as traders anticipated easing tensions.

The second and stronger wave of optimism appeared on March 23 after Donald Trump confirmed a temporary pause in strikes and introduced a structured US proposal to Iran, signaling that formal negotiations could be underway.

Markets reacted quickly, with both stocks and cryptocurrencies moving higher as traders priced in a greater chance of reduced tensions. Santiment noted that recent crypto gains have been closely tied to this sentiment driven momentum.

Watching What Comes Next

Santiment expects volatility to continue during the current five day pause. If negotiations succeed, markets could break higher, although strong optimism raises the risk of a buy the rumor sell the news reaction.

If talks fail, crypto market direction could become less predictable and growth may slow until investors gain clarity. However, this does not necessarily mean a sharp drop, as prices have remained relatively stable throughout the conflict so far.#crypto#cryptonews https://coinsignals.nethttps://t.me/coinsignalpublic