Analysis of Bitcoin Data and Ripple (XRP)'s Instability
The Bitcoin market is still digesting a significant correction that occurred after its all-time high of $109,000. Realized losses and unrealized losses by Bitcoin investors continue to increase. Although Bitcoin’s price has remained within the demand range of $76,000–$80,000, various on-chain indicators suggest that small price rebounds in this range are merely short-lived increases within a broader downward trend. There are currently no signs of a trend reversal or the start of a bullish phase.
Examining the recent growth of Ripple (XRP) is a good way to evaluate the risk appetite of retail investors. Active addresses, inflow capital, and the market value of Ripple have grown significantly over the past six months. However, it seems that the Ripple market is nearing saturation. Profit-taking in Ripple's market has sharply decreased, and investor losses are rising. Many Ripple investors purchased at high prices, and the market structure is top-heavy.
Overall, Bitcoin is still in a correction phase, but the magnitude of this correction is not yet as severe as in previous bear markets. Meanwhile, in high-risk markets like XRP, demand has reached its peak. Until there are strong signs of recovery and price reversal, Ripple investors should take this warning seriously.
$BTC $XRP
‘On-Chain Death Cross’: Bitcoin Flashing Pattern That’s Historically Preceded Bearish Trend, Warns G
‘On-Chain Death Cross’: Bitcoin Flashing Pattern That’s Historically Preceded Bearish Trend, Warns Glassnode
Bitcoin (BTC) may be on the verge of entering a bearish trend based on a historic market pattern signal, according to digital asset analytics firm Glassnode. Glassnode says that the one-month and six-month volume-weighted average price (VWAP) metrics are signaling that Bitcoin may enter a months-long downtrend. VWAP represents the average traded price of an asset over a specific period, taking into account both volume and price. “An on-chain analog to the ‘death cross’ has emerged. The 30-day volume-weighted price of BTC has crossed below the 180-day, signaling weakening momentum. Historically, this pattern preceded three to six months of bearish trends.” A traditional death cross in technical analysis occurs when the 50-day moving average (MA) drops below the 200-day MA and is used to .
New York court vetoes Genius Group’s plan to raise funds for Bitcoin purchase
Genius Group, an AI-powered, Bitcoin-first education group, has announced that it will sell its Bitcoin treasury. The announcement is a deviation from the norm of institutions and whales copiously buying BTC. However, Genius is not selling the treasury to cash it on its BTC holdings.
In a report released by the group itself, it revealed that it is being forced to sell its Bitcoin treasury after getting barred from selling shares, raising funds, and specifically using investor funds to purchase Bitcoin by the United States District Court Southern District of New York (SDNY).
The step taken by the United States District Court, Southern District of New York (SDNY) was caused by legal tension that reportedly stems from a dispute involving Michael Moe and Peter Ritz.
On October 30, 2024, Genius initiated arbitration procedures to terminate its Asset Purchase Agreement (APA) with Fatbrain AI (LZGI), and on December 17, 2024, they agreed to a preliminary injunction on the company’s shares related to the APA.
This came after LZGI’s shareholders filed a lawsuit against LZGI and its officers, Moe and Ritz, alleging a history of fraud, including in their actions related to the APA, and after the SEC filed shareholder fraud allegations for defrauding LZGI shareholders, amongst others.
In addition to those filings, on February 14, 2025, Moe and Ritz filed for a Temporary Restraining Order (TRO) and Preliminary Injunction (PI) in a bid to stop Genius from selling any shares or raising any funds, including through the use of its $150M ATM funding, and specifically from buying Bitcoin.
The TRO was granted on the same day, while the SDNY granted the PI on March 13, 2025. Over the last six weeks, Genius has attempted to convince the court through multiple letters and motions explaining that the TRO and PI did not maintain the status quo pending arbitration and that they were based on false statements designed to defraud the court.
Genius also alleged that the filing of the TRO and PI was an attempt to extort more money from the company.
Among the documents Genius provided the court was a transcript of a meeting with Ritz and Genius executives recorded in New York on February 27, 2025. In it, Ritz explained how he weaponized the TRO and PI process in order to get millions more out of Genius that would sponsor his personal scheme to defraud LZGI shareholders.
This transcript has also been filed by LZGI’s shareholders in their derivative case against LZGI, Moe, and Ritz in the United States District Court Southern District of Florida.
Genius was initially named in both LZGI shareholder lawsuits but has been voluntarily dismissed from both. However, the PI has remained in effect.
This is why Genius’s financing and Bitcoin treasury activities have been blocked by court order for the past six weeks, a direct opposition to the wishes, consent, and approvals of the company’s board and shareholders.
The injunction also prevents Genius from offering share compensation to employees as part of their long-standing employment agreements. This has forced Genius into an unusual position of being legally compelled by a U.S. court to directly break Singaporean law, where Genius Group is based.
The PI, which legally blocks Genius from being able to fund its operations, is detrimental and has made it necessary for the company to take action.
One avenue it plans to explore is pursuing an appeal with the Second Circuit. The company has already filed an emergency motion to vacate the PI and for an immediate administrative stay with the United States Court of Appeals for the Second Circuit on March 19, 2025, and is awaiting the outcome of the appeal.
There are also restructuring operations ongoing with the company taking steps to downsize its operation since it is legally blocked from issuing shares or raising funds. The downsizing will involve closing various divisions and canceling all event sponsorships, marketing activities, and investing activities until the PI is lifted and the company is legally able to resume its growth plans.
Genius is also doing all it can to minimize Bitcoin sales but anticipates that it will need to downsize its Bitcoin treasury in the coming months in case the PI is not lifted. As of April 3, the Company has had to whittle down its Bitcoin holdings from 440 Bitcoins to 430 Bitcoins.
The LZGI complaints against Ritz and Moe highlight an ongoing history of defrauding investors by diverting funds for personal gain and pushing targeted companies into insolvency and closure.
The SEC complaint details a pattern of defrauding investors and short-selling companies, including LZGI. Genius believes that this same MO is being applied to it and has provided evidence suggesting that to the court as it attempts to fight against the behavior it deems fraudulent.
In the time since the TRO against Genius was issued on 14 February, 2024, Genius’ share price has dropped 53% from $0.47 to $0.22, and the company’s market capitalization is currently 40% of the value of its Bitcoin treasury.
The company is convinced that the ongoing restrictions by the SDNY on Genius pose a serious risk to its ability to continue operations. However, the company also believes the actions it is taking will mitigate these risks.
Roger James Hamilton, CEO of Genius Group, said they never thought they would see the day when a U.S. court could block the company from being able to issue shares, raise funds, or buy Bitcoin – actions that would usually be left to a public company’s shareholders or board rather than a court.
“We especially did not expect that such destructive actions could be successfully achieved through the courts by individuals who were actively working against the interests of our company’s shareholders and board,” Hamilton said.
He has reiterated his commitment to fighting off the fraudsters and market manipulators.
“We will continue to take all actions necessary and possible to protect the interests of our shareholders and the future of Genius Group. We will also continue to fly the flag for Bitcoin, even when legally banned from building our Bitcoin Treasury,” Hamilton sa id .
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XRP vs BTC: Glassnode Data Contrasts Retail vs Institutional Rally Paths
XRP appears primarily retail-driven this market cycle, with active addresses increasing 490% since the 2022 cycle low, while Bitcoin’s grew just 10%, according to Glassnode data .
This surge signals heightened speculative interest in XRP from retail traders, contrasting with Bitcoin’s more stable, institutional-led rally.
Glassnode noted Bitcoin’s price growth has been steady, driven by institutional investments and ETF inflows. XRP, however, remained largely dormant before a sharp speculative breakout in December 2024.
“Despite similar price gains since the cycle low with both trading roughly 5x to 6x off the bottom, their rally paths differ,” Glassnode noted. “Bitcoin shows steady, catalyst-driven growth, while XRP’s rise is largely speculative.”
Related: Is Ripple Quietly Reducing Its XRP Sales Pressure? Escrow Data Analyzed
XRP’s recent price surge saw a rapid influx of new capital, with its Realized Cap nearly doubling from $30.1 billion to $64.2 billion. However, this momentum reportedly slowed since late February 2025, indicating a potential cooling in retail speculation.
The concentration of wealth in newer investors also increased significantly. The share of XRP’s realized cap held by addresses younger than six months jumped from 23% to 62.8%, creating a potentially top-heavy market structure vulnerable to downside volatility.
Glassnode also reported XRP’s Realized Profit/Loss Ratio has steadily declined since January 2025, suggesting fewer investors are realizing profits while more are locking in losses. Such conditions often precede downturns as confidence weakens.
The Market Value to Realized Value (MVRV) ratio for XRP’s supply held at a loss registered 0.88, signaling moderate investor stress. While not as severe as past bear market lows, it raises concerns about future price stability.
While XRP’s growth highlights retail appeal, the sustainability of this rally remains uncertain based on Glassnode’s analysis.
Related: XRP Set for ‘Final Blastoff’ After ‘Boredom Phase’: Egrag Predicts Surge
The lack of sustained adoption evidence and reliance on retail speculation raise concerns about long-term price stability. If the surge in new addresses doesn’t translate into broader real-world usage or increased on-chain activity beyond trading, XRP could face sharp selling pressure.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
SIX البيانات الاجتماعية
في آخر 24 ساعة، درجة المعنويات على منصات التواصل الاجتماعي لعملة SIX بلغت 3، وكانت المعنويات على منصات التواصل الاجتماعي تجاه توجه سعر عملة SIX صعودية. كانت النتيجة الإجمالية لعملة SIX على وسائل التواصل الاجتماعي 0، وجاءت في المرتبة 1193 بين جميع العملات المشفرة.
وفقًا لموقع LunarCrush، في آخر 24 ساعة، بلغ إجمالي إشارات العملات المشفرة على منصات التواصل الاجتماعي 1,058,120 مرة (مرات)، مع ذكر SIX بنسبة تكرار %0 ، فجاءت في المرتبة 1200 بين جميع العملات المشفرة.
في آخر 24 ساعة، إجمالي عدد المستخدمين الفريدين الذين ناقشوا عملة SIX بلغ 17، وبلغ إجمالي عدد إشارات عملة SIX 1. ومع ذلك، وبالمقارنة مع الـ 24 ساعة السابقة، بلغ عدد المستخدمين الفريدين زيادة بنسبة %42 ، والعدد الإجمالي للإشارات تقليل بنسبة %0 .
وعلى تويتر، بلغ إجمالي التغريدات 0 التي تشير إلى عملة SIX خلال آخر 24 ساعة. من بينها، %0 صعودية لعملة SIX، و هبوطية لعملة SIX، و%100 محايدة لعملة SIX.
إنّ عدد المنشورات على موقع Reddit بلغ 1 والتي تُشير إلى SIX خلال الـ 24 ساعة الماضية. وبالمقارنة مع الـ 24 ساعة الماضية، فإن عدد الإشارات تغيّر تقليل بنسبة %0 .
نظرة عامة على جميع مواقع التواصل الاجتماعي
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