Invest ideasNews
12 Mar 2026, 11:04
Asia’s Bitcoin Giant Metaplanet Drops $25 Million To Expand BTC Strategy With New Venture Arm
Metaplanet, Asia’s biggest publicly listed Bitcoin holder, isn’t just stacking BTC — it’s now supporting Bitcoin ecosystem development in Japan.
12 Mar 2026, 11:02
Goldman Sachs emerges as the top XRP ETF holder
Goldman Sachs has accumulated a major position in XRP exchange-traded funds ( ETFs ), emerging as the largest institutional XRP ETF holder in the United States. Namely, the firm’s newest 13F filing shows that as of December 31, 2025, Goldman Sachs held no less than $153.8 million worth of shares across four spot XRP funds. More precisely, the bank has dedicated $40 million to the Bitwise, $38.5 million to the Franklin Templeton, $38 million to the Grayscale Investments, and $36 million to the 21Shares XRP ETF. Goldman Sachs’ XRP ETF holdings hit record highs Fourth-quarter 2025 13F filings show that the top thirty institutional XRP investors collectively hold about $211 million in XRP ETF shares, judging by the data presented by Bloomberg analyst James Seyffart on March 10. Who are these buyers/holders? Well we only know a small portion of them because the vast majority don't file 13Fs. But here are the holders as of 12/31/2025 pic.twitter.com/ymIyy1mobx — James Seyffart (@JSeyff) March 10, 2026 This means that Goldman Sachs accounts for roughly 73% of that total, with the next-largest holder, Millennium Management, commanding just $23 million. Seyffart also noted that XRP ETFs “have actually held up pretty well” considering all the recent price pullbacks, reminding his followers that they have taken in $1.4 billion since launch. The sentiment was later echoed by Seyffart’s colleague, Eric Balchunas, who added that the products launched into a 45% drawdown and hinted that retail investors are also playing an important part. “Like Solana this is really impressive given these launched into a brutal 45% drawdown. Traditionally, inflows are near imposs for ETF having a reverse shiny object moment, and e sp if they are brand new. My guess is this is largely XRP super fans vs casual retail,” Balchunas wrote on X. Goldman’s $153.8 million stake reflects its holdings as of December 31, meaning it could have altered its position in the months since. Accordingly, investors are more than excited for the next filing, coming in May, which will reveal whether the investment bank held through XRP’s decline this year or adjusted its exposure. Featured image via Shutterstock The post Goldman Sachs emerges as the top XRP ETF holder appeared first on Finbold .
12 Mar 2026, 11:01
Binance Navigates Fluctuating Valuation as Crypto Market Swings
Binance’s valuation closely tracks trends in the broader crypto market. Price fluctuations create major challenges and opportunities for leading exchanges. Continue Reading: Binance Navigates Fluctuating Valuation as Crypto Market Swings The post Binance Navigates Fluctuating Valuation as Crypto Market Swings appeared first on COINTURK NEWS .
12 Mar 2026, 11:00
Crypto Surveillance Surge? South Korea’s Tax Office Rolls Out Aggressive New Profit‑Tracking
South Korea has started laying the groundwork for a new tracking system designed to impose taxes on profits from cryptocurrency investments. An AI Crypto Tracking System According to The Korea Times , the National Tax Service (NTS) announced this Thursday that they are moving ahead with an AI-driven system to track crypto investment gains as they prepare to start taxing virtual asset profits from January 2027. The NTS said that the system “is expected to serve our goal of collecting individuals’ virtual asset transaction data starting in 2027”. A $2 Million Project In order to achieve this, the NTS issued a tender for what they call a “Comprehensive System for Virtual Asset Transaction Analysis”. There, they detailed that the project has a budget of around ₩3 billion ($2 million) and that the designing of the system will start in April. A pilot operation for the system should be ready to begin in November, after passing multiple tests runs, and be ready to fully launch between November and December. The notice was uploaded to an online bidding system run by the Public Procurement Service, the agency in charge of sourcing goods and services for the government and affiliated bodies. A winning contractor is expected to be chosen and signed within this month. A New Era Of Crypto Surveillance With this new system, the NTS plans to aggregate data from domestic exchanges, blockchain analytics and existing tax databases, leveraging AI and machine learning to detect unusual patterns and potential tax evasion. This recent update follows past January NTS’s unveiling of a new “control tower” unit created under the 2026 National Tax Administration Operation Plan to coordinate all virtual‑asset tax enforcement and monitoring of offshore flows. According to Korean tax briefs, retail investors will face taxation on annual crypto gains above a set threshold (e.g., ₩2.5 million), while institutions are being given clearer but stricter rules on holding major coins, excluding stablecoins. Korea’s Under Scrutiny Over Crypto Even though the Korean government has repeatedly delayed full crypto‑gains taxation, it is now building one of the world’s more sophisticated virtual‑asset tax architectures, including real‑time monitoring and cross‑border cooperation. The Korean government has recently been under fire because of embarrassing crypto scandals, like the loss of custody crypto assets and the accidental leak of wallet data by the NTS itself . It seems that the recurrence of these security breaches and mismanagement incidents have intensified political pressure to modernize systems, tighten oversight and demonstrate that crypto profits can be taxed as reliably as traditional assets. What Traders Should Brace For Once the system is live, Korean traders should assume high‑value transactions are traceable across exchanges and borders, making aggressive tax‑avoidance strategies, especially offshore routing, far riskier. It is safe to assume that South Korea’s model could become a template for other high‑tax, high‑adoption jurisdictions, making it harder to treat crypto as an off‑grid asset class. Cover image from Perplexity, BTCUSD chart from Tradingview
12 Mar 2026, 10:57
Bitcoin Technical Analysis March 12: Bear Flag Consolidation – Much Lower Prices Realistic?
While some would point to the slightly recovering $BTC price as a bottoming pattern, this very pattern is starting to bear the hallmarks of a bear flag. Will Bitcoin fall through the bottom of this flag and head down to a true bear market bottom, or will this bear market be different? $BTC price holding major support - up or down from here? Source: TradingView Some might say that the $BTC price is holding up remarkably well considering the stress the Middle East conflict is putting on markets. After all, Bitcoin is one of the most liquid assets on the planet, and if and when yet another grey or black swan hits, Bitcoin is quite often the first to be sold, precisely because it is usually the only one that can be sold - especially at weekends. Nevertheless, from a technical analysis point of view, this consolidation period for $BTC is looking very much like the second of two big bear flags that are classic continuation patterns for a bear market. In the short-term time frame chart above, the price is so far managing to hold above the major horizontal support level of $69,000. It can be seen that a minor trendline is forcing the price down into a narrowing area between it and the support line. Given that the Stochastic RSI indicators are nearly at the bottom, and major support is major support, it would be expected that the price would exit this triangle to the upside. 100 and 50-day moving averages playing the same role again? Source: TradingView Is the writing on the wall? If we look at the 100-day and 50-day simple moving averages (SMA) , we can see that the 50-day SMA cut through the middle of the first bear flag and then acted as resistance to force the price down out of the bottom of the flag. The 100-day SMA was what helped to buttress the top of the flag and the descending channel when it looked as though the price could break out. Looking at the second and current bear flag, exactly the same scenario could be in the process of playing out. The $BTC price is being forced down by the descending 50-day SMA. Will the price break through, only to meet with the top of the flag, the top of the descending channel, and the 100-day SMA? Also, observing the RSI at the bottom of the chart, two clear ascending channels can be seen that correspond with the price action in the bear flags above. The breakdown of the first channel heralded the breakdown of the price out of the first bear flag. Is this going to happen again and give us warning before the potential plunge begins? Similar pattern playing out as for previous bear market? Source: TradingView Moving out into the weekly time frame and comparing this bear market with the previous one, it can be observed that they are following a very similar pattern. One could practically say that this is a fractal pattern - two bear flags that lead to the first bottom of the bear market. If this holds true for the current bear market, one more drop awaits before a bottom is reached. A double bottom was put in for all previous bear markets, so this could possibly lead to a little more downside, but the second bottom does not necessarily have to be lower. If one regards the downtrend line for the previous bear market, it can be seen that when it is broken and then confirmed, this is the exact bottom of the correction. Finally, some analysts are saying that we need a full 70% + correction, as for all previous bear markets. However, if one takes into account diminishing returns to the upside, surely the same would be true for the downside. Already it can be seen that the current RSI bottom matches the first double bottom of the previous bear market - so could the $60,000 pivot low have been the first of the double bottoms for this bear market? Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
12 Mar 2026, 10:55
Bitcoin MVRV Indicator Plummets to Post-FTX Lows: A Critical Signal for Undervalued Assets
BitcoinWorld Bitcoin MVRV Indicator Plummets to Post-FTX Lows: A Critical Signal for Undervalued Assets Global cryptocurrency markets are witnessing a significant on-chain signal as the Bitcoin MVRV indicator plunges to levels not seen since the immediate aftermath of the FTX exchange collapse in November 2022. This development, reported by leading analytics firms Santiment and Glassnode, presents a crucial data point for investors navigating the complex 2025 digital asset landscape. The metric’s current position historically correlates with periods of asset undervaluation, sparking intense analysis among market participants. Understanding the Bitcoin MVRV Indicator’s Critical Drop The Market Value to Realized Value (MVRV) ratio serves as a fundamental on-chain thermometer for Bitcoin. Essentially, it compares the asset’s current market capitalization to its realized capitalization. The realized value sums the value of all coins at the price they last moved, acting as a proxy for the aggregate cost basis. Consequently, an MVRV ratio below 1 typically suggests the market price is trading below the average cost basis of investors, indicating potential undervaluation. Santiment’s data reveals the ratio has now fallen to a zone mirroring the conditions seen in late 2022. Following that previous instance, Bitcoin’s price experienced a substantial 67% surge over the subsequent three-month period. This historical parallel provides essential context but does not guarantee a repeat performance. Analysts emphasize that market mechanics in 2025 involve different macro factors and structural participants. Contextualizing the Current Market Structure Glassnode’s weekly reports provide additional layers to this narrative. The firm has identified early signs of market stabilization, citing two primary factors. First, renewed inflows into U.S.-listed spot Bitcoin Exchange-Traded Funds (ETFs) have provided a steady source of institutional demand. Second, a measurable recovery in direct spot market purchasing activity on exchanges suggests returning retail and high-net-worth investor interest. However, the stabilization appears nascent. Several analysts from major trading desks anticipate limited potential for an immediate, sharp price surge. The consensus view projects several more months of consolidation and sideways movement before any decisive bullish or bearish trend emerges. This expectation stems from ongoing macroeconomic uncertainty and the typical digestion phases following major market events. Expert Analysis and Historical Precedents Historical data analysis shows that deep MVRV lows often precede significant market recoveries, but the timing remains unpredictable. The metric spent extended periods below 1 during the 2018-2019 and 2022-2023 bear markets. Each period required specific catalysts, like institutional adoption or macroeconomic policy shifts, to trigger a sustained recovery. The current environment features unique elements, including mature ETF products and evolving global regulatory frameworks. Furthermore, the “realized value” component is evolving. The increasing longevity of coins held in cold storage and by long-term holders raises the aggregate cost base slowly. This dynamic can make pronounced MVRV dips less frequent but potentially more significant when they occur. Analysts monitor derivative market data and miner selling pressure to gauge whether the current undervaluation signal will attract strong buying. Comparative Metrics and Broader Implications While the MVRV ratio provides a powerful signal, prudent analysts cross-reference it with other on-chain tools. The Net Unrealized Profit/Loss (NUPL) indicator, exchange reserve trends, and active address growth all contribute to a holistic view. Currently, a confluence of metrics suggests a market in a state of equilibrium after a prolonged corrective phase. The low MVRV acts as a foundation for potential growth, rather than an immediate trigger. The implications extend beyond Bitcoin. Altcoin markets often take directional cues from Bitcoin’s relative strength or weakness. A sustained period of Bitcoin consolidation at undervalued levels, as suggested by the MVRV, could allow capital to rotate into selective altcoin projects. Conversely, a sharp Bitcoin recovery would likely lift the entire digital asset sector. Portfolio managers are therefore adjusting risk exposure based on this critical valuation metric. Conclusion The Bitcoin MVRV indicator reaching its lowest level since the FTX collapse marks a pivotal moment for cryptocurrency valuation analysis. It signals a market where price has fallen significantly below the average investor’s cost basis, a condition historically associated with long-term buying opportunities. However, experts caution that macroeconomic headwinds and the need for sustained demand mean investors should anticipate continued volatility and range-bound trading in the near term. The convergence of low MVRV, recovering ETF inflows, and spot demand creates a complex but watchable setup for the remainder of 2025. FAQs Q1: What exactly is the Bitcoin MVRV indicator? The Bitcoin MVRV (Market Value to Realized Value) indicator is an on-chain metric that divides Bitcoin’s current market capitalization by its realized capitalization. The realized value calculates the price at which each coin last moved, providing an aggregate cost basis. A ratio below 1 suggests the market price is below this average cost, indicating potential undervaluation. Q2: Why is the comparison to the post-FTX collapse period significant? The collapse of the FTX exchange in November 2022 created a severe market crisis and a liquidity crunch. The MVRV ratio plummeted during that period. The subsequent recovery saw Bitcoin’s price surge approximately 67% over three months. Analysts use this as a historical reference point for how the market can behave after such extreme undervaluation signals. Q3: Does a low MVRV ratio guarantee a price increase? No, a low MVRV ratio does not guarantee an immediate price increase. It is a signal of potential undervaluation based on historical cost basis. Price recovery requires catalysts, such as increased buying pressure, positive macroeconomic shifts, or strong institutional inflows. The metric identifies opportunity zones, not precise timing. Q4: How do ETF inflows affect the MVRV indicator? Spot Bitcoin ETF purchases directly increase market demand, which can help lift the market price. If sustained, this can raise the market value component of the MVRV ratio, pushing the number higher. However, the realized value changes more slowly as coins move between wallets at new prices. Therefore, strong ETF inflows can be a catalyst for normalizing a low MVRV ratio. Q5: What other metrics should be considered alongside MVRV? Analysts typically consider a suite of on-chain metrics alongside MVRV for confirmation. Key ones include: • Exchange Net Flow: Tracks movement of coins to/from exchanges, indicating selling or holding sentiment. • NUPL (Net Unrealized Profit/Loss): Shows whether the network is in an overall state of profit or loss. • Hash Rate: Measures network security and miner commitment. • Active Addresses: Gauges fundamental network usage and adoption. This post Bitcoin MVRV Indicator Plummets to Post-FTX Lows: A Critical Signal for Undervalued Assets first appeared on BitcoinWorld .
