Invest ideasNews
27 Jan 2026, 06:00
XRP, Ethereum Now ‘Undervalued’ On MVRV, Says Santiment
On-chain analytics firm Santiment has pointed out how XRP and Ethereum are among coins sitting in the MVRV Ratio’s “undervalued” zone. 30-Day MVRV Is Negative For XRP & Ethereum In a new post on X, on-chain analytics firm Santiment has talked about where some notable cryptocurrencies like XRP and Bitcoin currently sit from the perspective of the 30-day Market Value to Realized Value (MVRV) Ratio. The MVRV Ratio is a popular indicator that tells us how the market cap of a given digital asset compares against its Realized Cap. The latter is an on-chain capitalization model that calculates the asset’s total value by assuming that the value of each individual token is equal to the spot price at which it was last transacted on the network. Related Reading: Dogecoin Wedge Breakout Could Be “Powerful,” Analyst Says In short, what the Realized Cap represents is the total amount of capital that the cryptocurrency’s investors have put into it. In contrast, the usual market cap is just the value that holders are carrying in the present. Since the MVRV Ratio takes the ratio of the two, it essentially provides a look into profitability among investors as a whole. In the context of the current topic, the MVRV Ratio of only a particular segment of traders is of interest: those who purchased within the past month. Below is the chart for this version of the MVRV Ratio shared by Santiment that shows its trend across five top coins: Bitcoin, Ethereum, XRP, Cardano, and Chainlink. As is visible in the graph, the 30-day MVRV Ratio has dropped into the negative region for all five of these cryptocurrencies recently, indicating that returns of the monthly buyers have gone into the red. The analytics firm considers assets to be “undervalued” when this condition forms. “A coin having a negative percentage means average traders you’re competing with are down money, and there is an opportunity to enter while profits are below the normal ‘zero-sum game’ level,” explained Santiment. Not all tokens with a negative value on the indicator provide an equal opportunity, however. “The lower a coin’s 30-day MVRV is, the less risk there is in opening or adding on to your position,” noted the analytics firm. Related Reading: Bitcoin Supply Overhang Likely To Cap Rallies Above $98,400, Glassnode Says Down to a value of -5%, Santiment defines cryptocurrencies to be in a “mildly undervalued” zone. Bitcoin has a 30-day MVRV value of 3.7%, so it falls inside this territory. Meanwhile, XRP and Ethereum have the metric sitting at -5.7% and -7.6%, putting them inside a stronger undervalued region. Out of the tokens in the chart, Chainlink’s 30-day buyers are currently in the most amount of pain with losses of 9.5%. XRP Price XRP dropped to a low of $1.8 on Sunday, but the asset has since bounced back above $1.9. Featured image from Dall-E, chart from TradingView.com
27 Jan 2026, 06:00
Japan To List First Spot Crypto ETF As Early As 2028 – Report
Japan is reportedly likely to approve and list its first wave of crypto-based exchange-traded funds (ETFs) in the next two years as the country’s financial authorities work on rule changes that allow the investment products. Japan To Join Global Crypto ETF Race In Two Years On Monday, news media outlet Nikkei Asia reported that Japan’s first crypto ETFs could be listed as early as 2028, offering retail investors easier access to Bitcoin (BTC) and other digital assets. This would mark a major shift in the country’s regulatory approach to digital asset-based products. Japanese regulators have been cautious about crypto funds, with the Financial Services Agency (FSA) repeatedly expressing its reservations about the investment products. The FSA plans to amend the Investment Trust Act’s enforcement order to include cryptocurrencies in the list of specified assets for ETFs. Additionally, the agency will propose stronger safeguards to protect investors, Nikkei added without detailing its sources. Ahead of the regulatory changes, Japanese giants Nomura Holdings and SBI Holdings are preparing to develop the country’s first crypto ETFs. In August, SBI filed to launch an ETF linked to both BTC and XRP, as well as a Digital Gold Crypto ETF, which would allocate 51% to gold and 49% to digital assets to mitigate investment risks. As reported by Bitcoinist, Japan’s Minister of Finance Satsuki Katayama highlighted earlier this month that US crypto ETFs have expanded as “a means for citizens to hedge against inflation.” In her New Year’s address at the Tokyo Stock Exchange’s (TSE) Grand Opening Ceremony, Katayama supported a potential launch of crypto-based investment products, suggesting that similar initiatives to those of the US would be pursued in Japan. Notably, the US approved the first wave of spot crypto ETFs in 2024, based on Bitcoin and Ethereum (ETH), leading pension funds, endowment funds for major universities such as Harvard, and government-affiliated investors to include them in their portfolios. As of January 23, BTC funds’ total net assets amount to approximately $115.8 billion, according to SoSoValue data. Nikkei noted that Japan’s asset management industry has estimated that Japanese crypto ETFs could eventually reach 1 trillion yen, worth around $6.4 billion. Authorities Prepare For Japan’s ‘Digital Year’ Japanese authorities have been reviewing their regulatory system over the past few years to develop customer fund safety policies and allow innovation in a more reliable environment. Last year, the Liberal Democratic Party and the Japan Innovation Party published their upcoming FY2026 Tax Reform. The tax reform is set to introduce significant changes to the existing taxation system, addressing the categorization and regulation of crypto assets, and reclassifying them as financial products. The reform signals a shift from the regulators’ previous treatment of digital assets as speculative. Moreover, authorities are also exploring introducing a separate taxation system for crypto income, with a flat 20% tax similar to the stock system. During her New Year’s address, Finance Minister Katayama also recognized the country’s efforts to integrate digital assets and blockchain technology into the local financial markets. She expressed her support of Japan’s development as an asset management nation, affirming that “there is still room for growth.” Katayama declared that 2026 would be the “Digital Year” for Japan, asserting that this year “is a turning point” in overcoming deflation. Ultimately, she emphasized the importance of stock exchanges in supporting the transition to a growth-oriented economy that opens public access to crypto assets.
27 Jan 2026, 05:58
Nine-Year Dormant ETH Whale Moves $250M Worth Ether to Gemini: On-chain Data
An Ethereum whale address that had been inactive for 9 years moved 85,000 ETH (nearly $250 million) entirely to the Gemini exchange on Tuesday. Per blockchain sleuth EmberCN, the whale wallet “0xb5a…168d6” bought and accumulated 135,000 ETH at $90 each via Bitfinex in 2017. The holdings were worth $12.17 million at the time. 休眠 9 年时间的 ETH 巨鲸地址，今天凌晨完成清仓：把剩余的 8.5 万枚 ETH ($2.48 亿) 也全部转进了 Gemini 交易所。 9 年时间，一买一卖，盈利 $3.81 亿 (32 倍)。 ◎9 年前 (2017 年)，通过 Bitfinex 以 $90 的价格提出并囤积 13.5 万枚 ETH，当时价值 $1217 万。 ◎9… https://t.co/tGv60P9Qf5 pic.twitter.com/7RDDw8R2mU — 余烬 (@EmberCN) January 27, 2026 After 9 years, the whale transferred all its ETH holdings, now worth $393 million, to Gemini in just over a day. Mass ETH Transfers to Gemini Arkham data shows that the address made 50,000 ETH transfer on Monday, following a 25,000 ETH transaction early this week. Further, the whale moved the remaining 60.283K ether to Gemini, which alone was worth $175.23 million. Now, the address holds around $70 worth of various altcoins. EmberCN post read that the whale profited nearly $381 million, a 32x return, from holding the coin for 9 years. The mass transfers come a week after a Bitcoin wallet moved 909 BTC , now worth over $84 million, to a new address after more than 12 years of dormancy. Ethereum Risks Drifting Toward Lower End – Analyst ETH has been in the red over the week, slumping more than 7% to below $2,800 mark. The crypto has rebounded and is now trading at $2,934 at press time. The lower moves reflect heavy ETF-related selling, which has cooled the momentum, keeping ETH capped below the $3,000 mark. However, on-chain activity reveals that daily active addresses have climbed toward 1.3 million. Further, staking participation continues to rise, tightening the circulating supply. For instance, in total, Tom Lee’s BitMine has staked 2,218,771 ETH (worth $6.52 billion), over 52% of its total holdings. This includes its recent staking of 209,504 ETH (worth $610 million) today. That said, Bloomberg Intelligence senior commodity strategist Mike McGlone has flagged that Ethereum risks drifting downward toward the lower boundary of its long-standing trading range. In a post on X, he noted that Ether appears to be heading toward the lower end of its $2,000-$4,000 range since 2023. “I see greater risks of it staying below $2,000 than above $4,000, especially when stock market volatility rebounds.” Ether appears to be heading toward the lower end of its $2,000-$4,000 range since 2023. I see greater risks of it staying below $2,000 than above $4,000, especially when stock market volatility rebounds. pic.twitter.com/1IAMV10Jwe — Mike McGlone (@mikemcglone11) January 25, 2026 The post Nine-Year Dormant ETH Whale Moves $250M Worth Ether to Gemini: On-chain Data appeared first on Cryptonews .
27 Jan 2026, 05:51
Bitcoin and ether volatility trading gets easier with Polymarket's new contracts
Polymarket has launched new prediction markets tied to Volmex's bitcoin and ether 30-day implied volatility indices.
27 Jan 2026, 05:42
Bitcoin Miners Are Capitulating
The Bitcoin network is currently undergoing a brutal phase of "miner capitulation.".
27 Jan 2026, 05:35
Bitcoin remains coiled under $88,500 as gold tops $5,000, silver gives back gains
Bitcoin traded lower alongside most major tokens as investors favored gold and silver ahead of the Federal Reserve decision and a heavy week of Magnificent Seven earnings.
