Invest ideasNews
10 Mar 2026, 07:41
Ethereum Struggles to Hold the $2,000 Mark as Market Sentiment Turns Cautious
Ethereum is struggling to maintain support above the $2,000 psychological threshold. Technical signals suggest indecision, with both sellers and buyers awaiting clear direction. Continue Reading: Ethereum Struggles to Hold the $2,000 Mark as Market Sentiment Turns Cautious The post Ethereum Struggles to Hold the $2,000 Mark as Market Sentiment Turns Cautious appeared first on COINTURK NEWS .
10 Mar 2026, 07:38
Sharplink reports $734M loss after Ethereum plunge erases $616M from holdings
SharpLink’s aggressive bet on Ethereum turned costly in 2025, as the Nasdaq-listed company reported a $734 million annual loss after a sharp drop in ETH prices slashed the value of its digital-asset treasury. The results highlight both the opportunities and risks for companies building corporate crypto reserves. Regarding this year’s full-year results, analysts noted that realized gains of $55.2 million from converting and redeeming ETH partially mitigated these losses. SharpLink also raised approximately $3.2 billion in capital as of last year to support its crypto-treasury strategy. Moreover, the firm had accumulated 864,597 ETH in its treasury as of December 31, 2025. Today, this holding has increased to around 868,699 ETH, according to the Ethereum-focused treasury company’s recent earnings report. Apart from the Ethereum holding, SharpLink alleged that since launching its Ethereum treasury strategy in June 2025, the company has already pocketed 14,516 ETH as staking rewards just by participating in various staking programs. Meanwhile, reports released last week highlighted that Ethereum faced a 5% gain despite market instability. The digital asset’s price hit $2,179, signaling a broader market rebound. Nonetheless, the ETH failed to hold this new level and declined sharply below $2,000 on Friday, March 6. Interestingly, it held below that level until early Monday morning. Currently, Ethereum is trading at $2,043.18, up 2.58% over the past 24 hours, according to data from CoinMarketCap. Sharplink’s CEO believes that the firm’s strategy can withstand market volatility In a statement, Joseph Chalom, the Chief Executive Officer of Sharplink, asserted that the firm’s strategy is designed for resilience and growth throughout varying market conditions. Regarding the 2025 full-year results , Chalom highlighted that last year was a crucial period for Sharplink, as it adopted a treasury model focused on Ethereum and initiated efforts to establish internal systems for asset management and staking operations. Consequently, the company successfully unveiled its dedicated ETH treasury strategy on June 2, 2025. Reports also noted that the Ethereum-focused treasury company increased its ETH concentration per share to 4.01 from 2.0. Following this finding, Chalom, who is also the former head of digital assets at BlackRock, admitted that short-term market volatility is a threat to Sharplink’s general performance. However, he shared his belief that the firm’s strategy is designed to withstand sharp declines, such as Ethereum falling from its $5,000 peak in August. To break down his point for better understanding, the industry executive stated, “We have created a platform that can thrive in both strong and tough markets.” He further stressed that, “Our approach is steady and built to last.” Meanwhile, reports from reliable sources indicated that Sharplink’s stock had dropped 55% over the past six months, slightly underperforming Ethereum’s 53% decline during the same period. Moreover, these reports revealed that the company generates income by acting as a validator on the Ethereum network through proof-of-stake consensus. To achieve higher yields, Sharplink allocates a significant portion of its funds to decentralized finance protocols. Joe Lubin, co-founder of Ethereum and CEO of ConsenSys, who serves as the Chairman of SharpLink, weighs in on the situation. He began by outlining the importance of Ethereum’s ecosystem, given that several individuals have shown heightened interest in stablecoins and tokenized assets. Afterwards, he noted that, “The institutional adoption supercycle sped up in 2025.” Based on his argument, “Sharplink aims to stay uniquely positioned as a link between traditional public markets and opportunities within Ethereum.” SharpLink recorded impressive revenue growth last year Despite SharpLink recording a major net loss in 2025, analysts found that the company achieved substantial revenue growth during that fiscal year. To support this claim, they noted that total revenue surged to $28.1 million in 2025, up from $3.7 million in 2024. Sources attributed this rise to the firm’s staking initiative, citing a fourth-quarter example in which staking revenue jumped nearly 50% to $15.3 million. Another discovery was that several institutions demonstrated growing interest in SharpLink’s shares last year, leading to a 6% surge in institutional ownership to 46%. With this increase in place, it is evident that significant investors have increased their participation in the crypto industry. As of now, SharpLink has secured a top ranking as the second-largest publicly traded ETH treasury, just after Tom Lee’s company, BitMine, which holds more than 4.5 million ETH. This figure represents roughly 3.8% of the cryptocurrency’s circulating supply. Join a premium crypto trading community free for 30 days - normally $100/mo.
10 Mar 2026, 07:35
South Korean Prosecutors Sell Recovered Stolen BTC for $24.1M in Landmark Crypto Asset Forfeiture
BitcoinWorld South Korean Prosecutors Sell Recovered Stolen BTC for $24.1M in Landmark Crypto Asset Forfeiture In a significant demonstration of legal authority over digital assets, South Korean prosecutors have successfully sold 320 bitcoins recovered from a phishing scheme, netting $24.1 million for the state treasury. This landmark forfeiture, concluded in Gwangju, South Korea, in March 2025, underscores the growing capability of global law enforcement to track, seize, and liquidate illicit cryptocurrency. The operation highlights a critical shift in how jurisdictions manage confiscated crypto assets, moving from indefinite holding to strategic liquidation. Furthermore, this case provides a clear blueprint for international cooperation in combating cyber-enabled financial crime. The recovered funds now directly benefit public coffers, marking a tangible victory for victims and the rule of law in the digital age. South Korean Prosecutors Execute Strategic Bitcoin Sale The Gwangju District Prosecutors’ Office meticulously managed the sale of 320.88 BTC over an 11-day period from February 24 to March 6, 2025. Officials conducted the sale in small increments to minimize market disruption and secure optimal value. Consequently, the transaction yielded 31.58 billion won, approximately $24.1 million. Authorities immediately transferred the entire sum to the national treasury. This process reflects a deliberate and professional approach to asset disposal. South Korea has established itself as a leader in crypto regulation, and this action reinforces its proactive stance. The sale’s success depended on precise timing and coordination with financial institutions. Ultimately, it converts abstract digital tokens into concrete fiscal resources for the state. Key details of the sale include: Total Amount Sold: 320.88 Bitcoin (BTC) Sale Period: 11 days (Feb 24 – Mar 6, 2025) Total Proceeds: 31.58 billion won (~$24.1 million USD) Destination of Funds: National Treasury of South Korea Method: Incremental sales to mitigate market impact Tracking and Recovering Stolen Cryptocurrency Assets The bitcoins originated from a phishing attack discovered in August 2024. Cybercriminals used a fraudulent website to steal the assets from unsuspecting victims. Prosecutors officially became aware of the theft on February 16, 2025. Investigators then launched a rapid digital forensic operation. They successfully identified the destination wallet holding the illicit funds. Subsequently, the prosecution team collaborated with both domestic and international cryptocurrency exchanges. This cooperation was crucial for freezing transactions and preventing further movement of the stolen assets. The coordinated effort led to the full recovery of the bitcoins by February 19. This three-day window from discovery to recovery demonstrates exceptional efficiency. It also highlights the importance of real-time data sharing between law enforcement and the private sector. The Global Context of Crypto Asset Forfeiture This case is not isolated but part of a global trend. Governments worldwide are developing frameworks to handle seized digital currencies. For instance, the United States Department of Justice regularly auctions confiscated bitcoin. Similarly, European agencies have increased their focus on crypto-related financial crimes. The South Korean model, however, emphasizes rapid liquidation post-recovery. This approach mitigates the price volatility risk inherent in holding cryptocurrencies. Experts point to this case as a potential standard for other nations. The seamless integration of investigation, seizure, and sale sets a powerful precedent. It proves that cryptocurrency, once seen as anonymous, is increasingly traceable and subject to state authority. The table below compares recent major government sales of seized cryptocurrency: Jurisdiction Year Asset Approximate Value Outcome South Korea (Gwangju) 2025 320.88 BTC $24.1M Transferred to National Treasury United States (DOJ) 2024 ~50,000 BTC (Silk Road) $3.36B* Government Auction United Kingdom (NCA) 2023 £1.4M in Crypto ~$1.8M Liquidated, funds reinvested in law enforcement *Value at time of seizure; sold in multiple batches. Legal and Economic Impacts of the Forfeiture The successful forfeiture carries substantial legal and economic weight. Legally, it reinforces the principle that cryptocurrency constitutes property under South Korean law. Therefore, it can be seized as criminal proceeds under existing statutes. This clarity empowers prosecutors and deters potential offenders. Economically, the infusion of $24.1 million into the national treasury is significant. These funds can support public services, infrastructure, or further cybersecurity initiatives. The sale also signals maturity in the state’s handling of digital assets. Markets observe that large, government-held sell-offs can be managed without causing panic. This stability is vital for broader institutional confidence in the cryptocurrency ecosystem. Ultimately, the process demonstrates a full lifecycle of justice: from crime detection to asset recovery to public benefit. Conclusion The sale of 320 recovered stolen BTC by South Korean prosecutors for $24.1 million represents a milestone in financial law enforcement. It showcases a complete and effective response to cryptocurrency theft, involving rapid investigation, cross-border cooperation, and fiscally responsible asset liquidation. This case provides a robust model for other jurisdictions grappling with the challenge of illicit digital assets. It proves that with the right tools and partnerships, law enforcement can not only recover stolen cryptocurrency but also convert it into tangible value for the public good. As the digital asset landscape evolves, such actions will remain crucial for maintaining security, upholding the law, and ensuring that crime does not pay, even on the blockchain. FAQs Q1: How did South Korean prosecutors find the stolen Bitcoin? Investigators identified the theft on February 16, 2025. They then traced the stolen funds to a specific digital wallet. Through collaboration with domestic and international crypto exchanges, they were able to freeze the assets and recover them by February 19. Q2: Why did prosecutors sell the Bitcoin instead of holding it? Cryptocurrency prices are highly volatile. Selling the assets promptly converts them into stable fiat currency (Korean won) for the state treasury. This mitigates the risk of the recovered value decreasing due to market fluctuations. Q3: What happens to the money from the sale of the seized BTC? The entire proceeds, totaling 31.58 billion won (approximately $24.1 million USD), were transferred directly to the national treasury of South Korea. These funds become part of the state’s budget for public use. Q4: Is this a common practice for handling seized cryptocurrency? Yes, it is becoming increasingly common. Governments like the United States and the United Kingdom also liquidate seized digital assets. The South Korean case is notable for its speed and the clear path of returning value to the state. Q5: What does this case mean for the future of cryptocurrency regulation? This case demonstrates that law enforcement agencies are developing sophisticated tools to track and recover stolen crypto. It strengthens the argument for clear regulatory frameworks and supports the legitimacy of cryptocurrencies as traceable and seizable assets under the law. This post South Korean Prosecutors Sell Recovered Stolen BTC for $24.1M in Landmark Crypto Asset Forfeiture first appeared on BitcoinWorld .
10 Mar 2026, 07:34
Sharplink pushes Ethereum treasury strategy despite crypto market losses
Ethereum treasury firm Sharplink reported a steep annual loss after a volatile year for the cryptocurrency market, even as the company continued expanding its Ether holdings. The company revealed on Monday that it recorded a $734.6 million net loss for 2025. The loss was largely tied to a sharp decline in the value of Ether during the second half of the year. Sharplink has built a sizeable crypto reserve since shifting its business model in 2025. The firm maintains that its strategy focuses on navigating market cycles while gradually increasing Ether held per share and improving the long term productivity of its digital asset treasury. Crypto losses tied to ether holdings Most of Sharplink’s losses came from a $616.2 million paper loss on the 868,699 Ether it currently holds. The decline reflects the drop in ETH prices during the latter part of the year. Ethereum saw major swings across 2025, rising to $4,829 in August before the October market crash pushed prices sharply lower across the broader digital asset market. By the end of the year, Ether was trading close to $3,000. Sharplink also recorded a $140.2 million impairment charge linked to converting its staked Ether holdings. Despite the accounting losses, the company said it plans to continue purchasing ETH as part of its treasury strategy. Shift toward ethereum treasury model Sharplink moved into digital assets earlier in 2025. The firm, chaired by Ethereum co-founder Joseph Lubin, previously operated as a sports betting marketing company before pivoting to a digital asset treasury in June. Since then, it has focused on increasing Ether relative to its share count and strengthening its role as a public Ethereum treasury company. Sharplink said it more than doubled its ETH per share ratio during 2025, rising from 2 ETH per share to 4.01 ETH per share. The company said that gradually raising this ratio remains central to its long term plan for shareholder value. https://twitter.com/Sharplink/status/2030977427925832158 Revenue growth despite market decline Even with losses tied to ETH prices, Sharplink recorded strong revenue growth. Total revenue increased 659% year on year, rising from $3.7 million to $28.1 million in 2025. Ethereum staking also generated additional income. Staking revenue rose 48.5% between the third and fourth quarters to reach $15.3 million. The firm also generated $55.2 million during the year from Ether to liquid staked Ether conversions and redemptions. After raising $3.2 billion in funding in 2025, Sharplink became the second-largest publicly traded Ethereum holder. It sits behind BitMine Immersion Technologies, which holds more than 4.5 million ETH, representing about 3.76% of the total supply. BitMine has also faced heavy paper losses, with estimates reaching $8.8 billion after Ether dropped roughly 60% over the past six months. Sharplink’s stock has been volatile. Shares surged nearly 1,000% to almost $80 after the company announced its Ether treasury strategy in late May before falling following the business pivot. SBET is now trading around $7.60. The stock remains up 67% in the past year but has fallen more than 50% over the past six months. The post Sharplink pushes Ethereum treasury strategy despite crypto market losses appeared first on Invezz
10 Mar 2026, 07:18
Ethereum Price Defends $2,000 Support as RSI Hits Near-Oversold Levels
The Ethereum price is fighting to hold the $2,000 line as sellers test the market’s resolve. The asset is trading at $2,050 with a weekly Relative Strength Index (RSI) of 33, signaling a crucial decision point. $2,000 represents a longstanding psychological level that bulls have defended since the February lows. The ETH RSI reading is arguably the most important metric right now. It sits just above the “oversold” threshold of 30, a zone that has historically preceded sharp relief bounces or accumulation phases. While macro headwinds and oil macro pressure weigh on the broader sector, due to the ongoing tensions between the US and Israel, Ethereum price action suggests a coil is tightening. 24-hour volume for ETH USD has hit $22.4Bn, with the sell-side slowing, indicating that while aggressive selling has calmed, buyers remain hesitant to commit capital until a confirmed reversal signal is in place. SOURCE: TradingView Ethereum Price Prediction: Is the $2,000 Defense Sustainable? The daily chart shows the Ethereum price trapped in a high-tension consolidation block between $1,930 and $2,050, and until either side is breached, this ranging is likely to continue. The structure is undeniably bearish in the immediate term, with lower highs pressing against static support. However, crypto technical analysis often favors contrarian plays when the market is spooked, and right now, the Fear & Greed Index is sitting at 13/100, marking ‘Extreme Fear’. The setup mirrors strategies often used for oversold stocks, where deep pullbacks into liquidity zones offer asymmetric risk-reward ratios for patient traders. The current consolidation suggests bears are losing momentum, but they haven’t surrendered control. SOURCE: Fear & Greed Index If the $2,000 level holds, the immediate target is to reclaim the 20-day EMA near $2,120. A breakout above this moving average would signal strength and open the door to $2,350. But if support at $1,930 fails, the floor drops out. Liquidity hunters will likely target the $1,760 zone, flushing out late longs before any meaningful recovery can occur. This weakness contrasts with competitors. Recent Solana price prediction models highlight how alternative L1s have maintained stronger market structures during this correction, adding pressure on ETH to perform. DISCOVER: Next Crypto to Explode in 2026 The Levels That Change Everything for ETH My view is ETH is sitting on a major long term support line. This is a key area. If it holds, $ETH can still bounce and rebuild. If it loses this level on the weekly, I think the structure starts looking weak. #IranIsraelUS pic.twitter.com/yIPdMjgrkJ — CryptonautX (@CryptonautX_) March 10, 2026 Traders have defined clear Ethereum support levels that could dictate the trend for March, and the market is now waiting for a definitive close to confirm the next direction for ETH USD. To the upside, $2,120 is the level to watch. A daily close above this resistance invalidates the immediate bearish thesis and could trigger a short squeeze toward $2,200. This move would likely coincide with a shift in Bitcoin dominance as capital rotates back into Ethereum and the broader altcoin market. To the downside, $1,930 is the line in the sand, and a breach here would expose the April 2025 lows of $1,470. While the ETH RSI suggests a bounce is due, the price structure remains king. The definitive signal bulls are waiting for is a high-volume breakout above $2,120; until then, the trend and global macroeconomic tensions favor the bears. EXPLORE: Best Crypto Presales to Buy in 2026 The post Ethereum Price Defends $2,000 Support as RSI Hits Near-Oversold Levels appeared first on Cryptonews .
10 Mar 2026, 07:15
Bitmine moves roughly 9,600 ETH worth $19.5 million to Coinbase Prime as ether treasury firm shuffles holdings
The largest public ether holder sent two transfers totaling $19.5 million to Coinbase Prime hot wallets on Tuesday, though the moves don't necessarily signal selling.
