Invest ideasNews
9 Mar 2026, 13:00
Bitcoin At The Bottom? The 23-Month Cycle That Has Never Failed
Crypto analyst Coinvo has explained why Bitcoin may be close to a bottom, which could spark a rally to new highs. This comes as BTC continues to face downside pressure due to the rising tensions between the U.S. and Iran. Why Bitcoin May Soon Reach A Bear Market Bottom In an X post, Coinvo alluded to the Bitcoin monthly chart, noting that the leading crypto has hit its bear market at exactly 23 months after the all-time high (ATH) in every single cycle. BTC is currently sitting at 23 months right now, which the analyst noted is a sign to buy more Bitcoin, as this pattern has “never failed.” Related Reading: Analyst Says Bitcoin $200,000 Target Remains Open, But There’s A More Realistic Target The analyst also predicted that Bitcoin could see a massive expansion once it bottoms, rallying to as high as $150,000. This means that BTC could still surpass its current ATH of $126,000, which it recorded in October last year. Meanwhile, in another X post, Coinvo revealed that Bitcoin is replicating the exact same bull market pattern that gold did in the 70s. He added that this pattern has never failed, suggesting BTC could soon see a bullish reversal. Bitcoin is currently facing downside pressure as the U.S-Iran war continues to escalate. The war has sent oil prices as high as $115 today, sparking concerns that this could drive inflation higher. However, Coinvo indicated that the rising oil prices may not be bearish for BTC. In an X post, he stated that most people think that rising oil prices are bearish for the leading because of inflation, but history says the opposite. This came as he revealed that BTC’s secret bull-run signal has just flashed for the fourth time in history. Bull Trap May Be Forming For BTC Popular crypto analyst Willy Woo warned that a bull trap is forming for Bitcoin, while also indicating that a bottom isn’t in yet. He stated that BTC is still “solidly” in the middle of its bear market through a lens of long-range liquidity. The analyst also noted that after rapid downward flushes like the market has seen, BTC tends to trade sideways and then mount a rally, testing resistance. Related Reading: Here’s What’s Driving The Bitcoin Price Crash Toward $60,0000 Willy Woo also revealed that current conditions are setting up a Bitcoin rally to test the mid-$80,000 range, which is the cost basis for short-term investors. This rally looks more likely, especially considering that BTC sold off fast in the early bear market. The analyst highlighted that investor flows have been in consistent recovery since mid-February, which could spark this rebound to $80,000. He added that expected volatility in equities is hinting at a switch to risk-on in the coming weeks. At the time of writing, the Bitcoin price is trading at around $67,800, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
9 Mar 2026, 13:00
Has Bitcoin formed a bull trap? Uncertainty fuels fresh BTC losses
Wider market fear and uncertainty are not conducive to risk-taking investor sentiment.
9 Mar 2026, 12:55
ETHFI Comprehensive Technical Analysis: Detailed Review of March 9, 2026
ETHFI is consolidating at $0.54 in a sideways trend with short-term bullish signals; MACD positive, RSI 57 but Supertrend bearish. BTC downtrend increases altcoin risk, $0.5617 breakout critical.
9 Mar 2026, 12:55
Sharplink Gaming’s Staggering $734M Loss Exposes Ethereum Volatility Risks for Public Companies
BitcoinWorld Sharplink Gaming’s Staggering $734M Loss Exposes Ethereum Volatility Risks for Public Companies LAS VEGAS, March 18, 2025 – Sharplink Gaming Inc. (NASDAQ: SBET), a notable strategic investor in Ethereum, disclosed a profound net loss of $734 million for the full fiscal year 2025. This staggering financial result starkly contrasts with the company’s reported fourth-quarter revenue surge, highlighting the extreme volatility and inherent risks public companies face when holding substantial cryptocurrency assets. The primary driver, according to the firm’s official statement, was a massive unrealized loss stemming directly from the declining market price of its Ethereum (ETH) treasury. Sharplink Gaming’s Financial Paradox: Revenue Growth Amidst Catastrophic Loss Sharplink Gaming presented a complex financial picture in its year-end report. The company achieved a significant 50% sequential increase in revenue for Q4 2025, reaching $28.1 million. This growth indicates robust operational performance in its core gaming and technology segments. However, the annual figures tell a dramatically different story. The $734 million net loss effectively eclipses any operational gains, serving as a potent case study in asset-liability management for the digital age. Consequently, this event has sparked intense discussion among financial analysts regarding the accounting treatment and risk frameworks for crypto assets on corporate balance sheets. Public companies like Sharplink must mark their cryptocurrency holdings to market value each quarter. This accounting standard, while ensuring transparency, can lead to severe earnings volatility unrelated to core business operations. For instance, a company with strong sales can still report massive losses if the market value of its digital asset reserves declines. This creates a challenging environment for investors trying to separate operational health from portfolio performance. The Anatomy of the $734 Million Ethereum Loss The scale of the loss is directly tied to the sheer size of Sharplink’s Ethereum position. As of February 15, the company held 867,798 ETH. At previous valuation points, this hoard was worth approximately $1.68 billion. A decline in Ethereum’s price from its acquisition or previous reporting average to its year-end 2025 price would therefore generate a paper loss of monumental proportions. It is crucial to note these are “unrealized” losses; the company has not sold the ETH. The loss reflects a decline in market value, not an actual cash outflow. However, under Generally Accepted Accounting Principles (GAAP), these paper losses must be reported, significantly impacting the income statement and shareholder equity. Ethereum Market Dynamics and Corporate Treasury Strategy The 2024-2025 period witnessed significant turbulence across cryptocurrency markets. Ethereum, while maintaining its position as the leading platform for decentralized applications and smart contracts, experienced substantial price corrections. These corrections were influenced by broader macroeconomic factors, including interest rate policies, regulatory developments, and shifts in institutional investor sentiment. Companies like Sharplink that adopted Ethereum as a treasury asset—akin to how some firms hold gold or foreign currency—found their balance sheets exposed to this market gyration. Sharplink’s strategy also included staking a portion of its ETH holdings. The company reported distributing 13,615 ETH in staking rewards over approximately one year. Staking provides a yield, similar to interest, by participating in the network’s proof-of-stake consensus mechanism. This represents a strategic attempt to generate a return on the idle asset. Nevertheless, the yield from staking, typically ranging from 3-5% annually, was vastly outweighed by the double-digit percentage decline in the asset’s principal value during the reporting period. Unrealized Loss: A loss on an asset that has decreased in value but has not yet been sold. Mark-to-Market: The accounting practice of recording the value of an asset at its current market price. Staking Rewards: Incentives earned for participating in a proof-of-stake blockchain network. Broader Implications for Nasdaq-Listed Firms and Investors The Sharplink earnings report acts as a critical data point for the entire market. It demonstrates the tangible financial statement impact of cryptocurrency volatility on a publicly traded, regulated entity. For investors, it underscores the necessity of thoroughly analyzing a company’s asset composition beyond its income statement. A firm might excel operationally yet carry latent risk on its balance sheet. Furthermore, this event may prompt corporate boards and audit committees to re-evaluate policies regarding treasury diversification and risk tolerance for volatile digital assets. Regulatory bodies, including the Securities and Exchange Commission (SEC), pay close attention to such disclosures. The clarity and accuracy of reporting around crypto holdings are paramount. Sharplink’s detailed breakdown of its ETH holdings and staking activities provides a template for transparent disclosure, even if the news is negative. This transparency is essential for maintaining market integrity and investor trust. Historical Context and Future Outlook for Crypto on Balance Sheets The concept of corporations holding Bitcoin or Ethereum as a treasury reserve asset gained notable traction in the early 2020s. Pioneered by firms like MicroStrategy and Tesla, the strategy was touted as a hedge against inflation and a bet on the future of digital finance. However, Sharplink’s 2025 loss illustrates the flip side of this strategy: extreme volatility can severely impair earnings and book value. This volatility challenges the traditional corporate finance goal of stability and predictable earnings. Moving forward, companies may adopt more sophisticated strategies. These could include stricter allocation limits, hedging through derivatives, or using dollar-cost averaging for acquisitions. The key lesson is that cryptocurrency, for all its potential, remains a highly speculative asset class. Its inclusion on a corporate balance sheet demands a specialized risk management framework distinct from that used for traditional cash, equities, or bonds. Conclusion Sharplink Gaming’s report of a $734 million net loss for 2025 serves as a stark reminder of the double-edged sword presented by cryptocurrency investments for public companies. While the firm demonstrated strong operational revenue growth, the precipitous decline in Ethereum’s price led to catastrophic unrealized losses that dominated its annual financial results. This event underscores the critical importance of robust risk management, transparent disclosure, and investor awareness regarding the volatile nature of digital asset holdings. As the market evolves, the Sharplink case will likely be studied as a pivotal example of the accounting and strategic challenges at the intersection of traditional corporate finance and the digital asset ecosystem. FAQs Q1: What is an “unrealized loss,” and why does it matter if Sharplink hasn’t sold its Ethereum? An unrealized loss is a decrease in the market value of an asset that is still held. It matters because public companies must report these paper losses on their income statements under mark-to-market accounting rules, directly reducing reported net income and shareholder equity, even if no sale occurs. Q2: Did Sharplink Gaming’s core business perform poorly in 2025? Not according to its revenue report. The company’s Q4 2025 revenue grew 50% from the previous quarter to $28.1 million, suggesting its core gaming and technology operations were expanding. The massive net loss was primarily due to the accounting write-down of its Ethereum holdings, not operational failure. Q3: What are staking rewards, and how did they factor into Sharplink’s results? Staking rewards are incentives (paid in ETH) for participants who lock up their Ethereum to help secure the network. Sharplink earned 13,615 ETH in rewards, which provided a yield. However, this yield was negligible compared to the massive loss in the principal value of its ETH holdings during the market downturn. Q4: How does this loss affect the average investor in Sharplink stock (SBET)? The loss reduces the company’s total book value (assets minus liabilities) and its retained earnings. This can negatively impact the stock price as it reflects a deterioration of corporate value. Investors must now assess whether the company’s operational growth can outpace the volatility of its crypto investments. Q5: Could other NASDAQ or publicly traded companies face similar issues? Yes, any publicly traded company that holds cryptocurrencies like Bitcoin or Ethereum on its balance sheet for investment purposes is subject to the same mark-to-market accounting rules. They are exposed to similar volatility risk, meaning their reported earnings can be significantly impacted by crypto market swings unrelated to their main business. This post Sharplink Gaming’s Staggering $734M Loss Exposes Ethereum Volatility Risks for Public Companies first appeared on BitcoinWorld .
9 Mar 2026, 12:54
PI surges 5% as investors await Pi Day: check forecast
The cryptocurrency market has been volatile over the past few days due to the ongoing crisis between the US-Israel and Iran. However, PI, the native coin of the Pi Network, is defying market conditions and has been rallying over the past few days. The coin is currently up nearly 5% in the last 24 hours, in addition to the 25% it added to its value last week. Furthermore, the technical outlook for PI remains bullish ahead of Pi Day on March 14. Retail demand pushes Pi above $0.21 PI is up by nearly 5% in the last 24 hours and is now trading at $0.218 per coin. The rally comes as investors await Pi Day on March 14. The coin has been rallying over the past few days, and retail investors are now moving to book short-term profits. According to PiScan, 3.34 million PI tokens were deposited on supporting Centralised Exchanges (CEXs), indicating reduced confidence in the rally and often signalling a local top. The demand spike for PI aligns with the upcoming Pi Day on March 14. The rally is similar to what was witnessed a week before its Open Network anniversary, which was on February 20. If the retail demand for PI holds till Pi Day, PI’s price could extend its recovery and target crucial resistance zones over the next few days. PI’s performance is currently dictated by retail traders, with the ongoing Middle East crisis not affecting its performance. Will PI Network recover above the 200-day EMA? The PI/USDT 4-hour chart is bullish and efficient as PI is edging closer to the $0.2200 psychological level at press time on Monday. The coin dipped 10% on Sunday thanks to profit-taking from mainnet users. However, PI has now recovered and could rally higher in the near term. The near-term tone for PI remains bullish as the price is firmly above the 100-day Exponential Moving Average (EMA) at $0.1973. If the recovery efforts persist, PI may rally past the 200-day EMA at $0.2854. However, it would need to overcome the recent Friday high of $0.2396 before the 200-day EMA comes into focus. The momentum indicators suggest that the bulls may push higher in the near term, reinforcing an upside bias. The Moving Average Convergence Divergence (MACD) rises above its signal line, indicating a bullish bias. The Relative Strength Index (RSI) at 60 hovers, heading towards the overbought region. The increased RSI indicates continued bullish pressure. On the flip side, if the recovery fails, PI may retest the $0.2000 psychological level. An extended bearish trend may see PI drop towards the 100-day EMA at $0.1973, followed by the 50-day EMA at $0.1813. The post PI surges 5% as investors await Pi Day: check forecast appeared first on Invezz
9 Mar 2026, 12:50
GBP Resilience Defies Expectations as Geopolitical Turmoil Rattles Global Markets
BitcoinWorld GBP Resilience Defies Expectations as Geopolitical Turmoil Rattles Global Markets LONDON, March 2025 – The British Pound’s unexpected stability against a backdrop of escalating global conflicts and trade disruptions is confounding currency analysts and prompting a fundamental reassessment of its market drivers. While traditional safe-haven currencies like the US Dollar and Swiss Franc have seen predictable inflows, the GBP’s resilience, particularly against the Euro, presents a complex puzzle for the foreign exchange community. This analysis delves into the multifaceted reasons behind this phenomenon, examining monetary policy divergence, structural economic shifts, and evolving investor psychology. GBP Resilience Amidst a Volatile Global Landscape Global currency markets typically exhibit clear patterns during periods of geopolitical stress. Investors traditionally flock to the perceived safety of the US Dollar (USD), Japanese Yen (JPY), and Swiss Franc (CHF). However, the first quarter of 2025 has deviated from this script. Despite ongoing tensions in Eastern Europe, the South China Sea, and significant Middle East supply chain disruptions, the Pound Sterling has not only held its ground but has appreciated against a basket of major currencies, excluding the dollar. This performance directly contradicts many forecasts that predicted sterling weakness due to the UK’s historical trade dependencies and political sensitivities. Market data reveals a telling story. For instance, the GBP/EUR pair has climbed approximately 3.2% year-to-date, while the GBP/JPY pair has shown remarkable stability. Analysts point to several immediate catalysts. Firstly, the Bank of England has maintained a notably more hawkish rhetoric than the European Central Bank. The ECB, facing a more pronounced regional economic slowdown, has signaled a potential pause in its tightening cycle. Conversely, the BoE has consistently emphasized its data-dependent approach, with several Monetary Policy Committee members publicly warning against premature rate cuts due to persistent services inflation. Decoding the Economic Fundamentals Supporting the Pound Beyond interest rate differentials, deeper structural factors underpin sterling’s strength. The UK’s current account deficit, a long-standing vulnerability, has narrowed significantly over the past 18 months. A combination of stronger-than-expected services exports, particularly in financial and legal services, and a reduction in the goods trade deficit has improved the fundamental backdrop. Furthermore, foreign direct investment (FDI) flows into the UK’s technology and green energy sectors have remained robust, providing consistent demand for the currency. Domestic economic data has also surprised to the upside. Recent labour market reports show wage growth moderating but remaining elevated, supporting consumer resilience. Critically, business investment surveys indicate a tentative recovery, suggesting corporations are adapting to the post-Brexit and new geopolitical realities. This relative economic stability, especially when compared to the stagnation in the Eurozone, has repositioned the UK from a perennial worry to a relative bright spot among advanced economies, thereby attracting capital flows. Expert Analysis: A Shift in Sterling’s Perceived Role Dr. Anya Sharma, Chief Currency Strategist at Global Macro Advisors, provides a nuanced view. “The market narrative around sterling is undergoing a subtle but important change,” she explains. “It is no longer viewed purely through a ‘Brexit risk’ lens. Instead, investors are pricing in its high yield, its improving external balance, and its central bank’s credible inflation-fighting stance. In a world where every major region faces significant headwinds, the UK’s challenges are now seen as relatively priced-in, while its positives are being re-evaluated.” This sentiment is echoed in positioning data from the Commodity Futures Trading Commission (CFTC). After years of net short positions, non-commercial traders have steadily reduced their bearish bets on the pound throughout late 2024 and early 2025. This shift suggests a fundamental change in market sentiment, where the currency is being judged on its current merits rather than past political traumas. The Geopolitical Turmoil and Its Asymmetric Impacts The nature of the current geopolitical turmoil is uniquely influencing currency flows. The conflicts are primarily causing regional, rather than global, economic fractures. For example, energy price shocks have been less severe than initially feared due to diversified supply chains established after the 2022 crisis. The UK, as a net energy importer but with a diversified supplier base, has been somewhat insulated from the worst effects. Meanwhile, the Eurozone’s greater dependence on specific affected regions has placed the Euro under more direct pressure. Additionally, the UK’s geopolitical alignment and its financial sector’s role have created indirect benefits. London remains a key hub for clearing transactions in various currencies and for raising capital, even amidst fragmentation. In times of uncertainty, the depth and liquidity of its markets provide a functional utility that supports demand for GBP. The table below summarizes the key differential factors between the GBP and EUR in the current environment: Factor British Pound (GBP) Euro (EUR) Central Bank Stance Hawkish, data-dependent Dovish tilt, concerned on growth Energy Security Diversified imports, LNG capacity Higher regional dependency Current Account Trend Narrowing deficit Surplus, but shrinking Growth Outlook (2025) Modest but stable (~0.8%) Stagnant (~0.3%) Political Risk Perception Priced-in, stable government Rising fiscal fragmentation concerns Potential Risks and Forward-Looking Scenarios Despite the current resilience, analysts caution that several risks could quickly alter the pound’s trajectory. The primary domestic risk remains inflation’s stickiness. If services inflation fails to decline as projected, it could force the Bank of England into more aggressive tightening, potentially stifling economic growth and creating a stagflationary scenario that would ultimately hurt the currency. Externally, a sharp escalation in geopolitical tensions that triggers a full-blown global risk-off episode would likely see capital flee to the ultimate safe havens (USD, Gold), pressuring all other currencies, including the GBP. Market participants are closely monitoring several key indicators: UK Core Inflation Data: The primary driver for BoE policy. Global Risk Sentiment (VIX Index): A spike would test GBP’s resilience. EU Industrial Production: A further slowdown would widen the growth differential. UK Quarterly GDP Revisions: Confirmation of economic stability is crucial. The consensus among leading investment banks is for a period of range-bound trading for sterling, with a slight appreciation bias against the euro but vulnerability against a strengthening dollar. The pound’s fate will hinge on the delicate balance between the Bank of England’s policy success and the UK economy’s ability to navigate a fracturing global landscape. Conclusion The GBP resilience witnessed during the current geopolitical turmoil is not a random anomaly but the result of converging factors: a credible and hawkish central bank, improving economic fundamentals, and a market that has reassessed the UK’s relative risks and rewards. While the Pound Sterling may not have replaced the dollar as the world’s premier safe haven, it has arguably carved out a new niche as a “relative stability” currency within a troubled region. This shift underscores how deep-seated market narratives can evolve when fundamental data and policy actions persistently defy expectations. The coming months will be a critical test of whether this newfound GBP resilience is a durable trend or a temporary reprieve. FAQs Q1: Why is the British Pound strong when there is global uncertainty? A1: The Pound’s strength stems from the Bank of England’s commitment to fighting inflation (keeping interest rates higher for longer), a narrowing UK trade deficit, and its role as a relatively stable currency compared to the Euro, given the Eurozone’s greater exposure to regional economic stagnation and geopolitical risks. Q2: Is the GBP now considered a safe-haven currency like the USD or CHF? A2: Not traditionally. Its recent performance is better described as “resilience” rather than classic safe-haven status. It benefits from high yields and improving fundamentals when global stress is regional, but in a severe, broad market panic, capital would still likely flow to the US Dollar and Swiss Franc first. Q3: What is the biggest risk to the GBP’s current strength? A3: The primary risk is domestic: if high inflation persists and forces the Bank of England to hike rates so much that it severely damages UK economic growth, leading to a stagflation scenario. A sudden, global risk-off event is also a key external threat. Q4: How does the UK’s post-Brexit position affect the GBP in this context? A4: Paradoxically, having already undergone a major political and economic realignment (Brexit), some analysts argue the UK has already absorbed significant structural shocks. Current geopolitical turmoil may therefore have a proportionally smaller incremental negative impact on the UK compared to economies more integrated into the affected regions. Q5: What should currency traders watch to gauge if GBP resilience will continue? A5: Traders should monitor UK core inflation and wage growth data for BoE policy signals, the UK’s monthly trade balance figures, and broad measures of global risk sentiment (like the VIX index). The growth differential between the UK and the Eurozone will also be a critical long-term driver. This post GBP Resilience Defies Expectations as Geopolitical Turmoil Rattles Global Markets first appeared on BitcoinWorld .
