According to a recent on-chain data evaluation, the Bitcoin price might not be 
seeing a start to renewed price expansion in the near-term. Interestingly, 
this hypothesis seems to align with the multiple recovery attempts by the 
flagship cryptocurrency over the past few weeks. BTC Net Realized Profit Peak 
At $17M/hr Before Swift Price Downturn In a March 20 post on the social media 
platform X, on-chain research firm Glassnode revealed what was behind 
Bitcoin’s recent reversal from what initially looked like an expansion move. 
This is based on the Net Realized Profit/Loss (NRPL) (24h Moving Average) 
metric, which reflects whether the market is predominantly realizing profits 
or losses, by tracking (and comparing) the amount of either that has been 
realized by holders over 24 hours. Related Reading: Bitcoin Shark &amp; Whale 
Wallets Jump Despite Bearish Price Action Glassnode highlighted that readings 
on the NRPL metric recently reached a high of approximately $17 million/hr 
before the price of Bitcoin started moving downwards again. This trend was 
outlined as one of the drivers behind the flagship cryptocurrency’s loss of 
its $70,000 footing. According to the analytics firm, the heightened profit- 
taking activity among Bitcoin’s investors has continued to absorb bullish 
momentum, thereby converting it to bearish pressure. Notably, this pattern has 
repeated itself at multiple moments in the current cycle, specifically as 
Bitcoin attempts to rally to the upside. Glassnode further explained that the 
degree of uncertainty currently in the geopolitical world has caused “demand 
depth” to compress. As a result, realization events like the last one have 
become too much for the market to absorb, explaining the recent slip below 
$70,000. Interestingly, this is not a standalone reason behind BTC&#8217;s activity. 
After Bitcoin fell below the $85,000 support, a surge in on-chain activity was 
observed due to liquidity repositioning by investors. However, the waning 
market liquidity in recent weeks suggests that BTC price recovery is buoyed by 
seller exhaustion rather than by strong and consistent demand. Hence, the life 
of the recovery is truncated whenever sellers enter the market Short-Term 
Holders Realize Losses As Price Nears $74K For instance, crypto analyst 
Darkfost highlighted that Bitcoin’s short-term investors are locking in more 
losses in recent weeks. This is reflected in readings from the Short-Term 
Holder P&amp;L to Exchanges Sum metric. In their post on X, Darkfost revealed that 
more than 28,000 BTC have recently been sent to exchanges, with these 
investors seemingly cutting their losses. These losses, pointed out the 
analyst, continued to grow as the Bitcoin price went into a steady decline. 
For this reason, it is safe to expect more bearish pressure from this investor 
cohort, as additional panic-driven sales would likely contribute more bearish 
momentum to the Bitcoin market. Thus, rather than a hopeful story of positive 
expectations, the Bitcoin price seems to be giving warning signs to investors. 
As of this writing, Bitcoin holds a valuation of about $70,532, reflecting no 
significant movement in the past day. Related Reading: Bitcoin Just Got A $1 
Million Nudge, But Will Morgan Stanley’s MSBT ETF Really Move The Needle? 
Featured image from iStock, chart from TradingView

Bitcoin Market Not Ready For Expansion Yet — Blockchain Firm

Security certifications topped the list of concerns for financial institutions 
weighing tokenization partners, with 97% saying standards like ISO and SOC II 
were non-negotiable — a sign that trust, not just technology, is now driving 
deals in institutional crypto finance. Related Reading: Bitcoin Gains Ground 
On Gold Even As Both Assets Slide Stablecoins Lead As Finance Firms Shift 
Crypto Focus A new survey from Ripple, released Thursday, found that 72% of 
more than 1,000 financial industry executives worldwide believe their 
companies must offer digital asset solutions to remain competitive. The poll 
covered banks, asset managers, fintechs, and corporate firms across global 
markets. What stood out wasn&#8217;t just the appetite for digital assets — it was 
how differently each type of firm plans to get there. Fintech companies are 
moving fast and building in-house. About 47% of fintech respondents said they 
plan to develop their own digital asset infrastructure. Corporate firms are 
taking the opposite approach. Nearly three-quarters of them said they intend 
to work with outside providers. Banks and asset managers are looking for 
something in the middle — experienced partners who can guide strategy while 
also supplying the technology. Stablecoins drew the strongest interest across 
the board. According to Ripple, 74% of respondents said stablecoins have the 
potential to improve cash flow and free up capital that would otherwise sit 
idle. Ripple said institutions are treating stablecoins not just as payment 
tools, but as instruments for managing treasury operations. Custody Rises As A 
Core Priority Tokenization is also gaining ground, though institutions aren&#8217;t 
rushing in without safeguards. Among those assessing potential tokenization 
partners, 89% named secure asset storage as a top requirement. Token lifecycle 
management came in at 82%, and primary distribution ranked at 80%. Banks 
showed a particular appetite for advisory help. Based on survey data, 85% of 
bank respondents called pre-issuance structuring support important. Asset 
managers were close behind at 76%. Reports indicate that institutions aren&#8217;t 
just buying crypto infrastructure — they want guidance on how to use it. 
Ripple credited several forces for pushing digital assets higher on the 
priority list: shifting regulations, growing interest from major banks, wider 
use of fintech services, and the continued rise of stablecoins. Related 
Reading: XRP Still In Danger Zone Without This Key Breakout: Analyst The 
Build-Or-Buy Question Takes Center Stage The survey suggests the industry&#8217;s 
internal debate has moved on. The question is no longer whether to get 
involved with crypto. It&#8217;s who to work with and what to build. That shift, if 
accurate, marks a turning point in how seriously established financial 
institutions are treating the space. Featured image from Pexels, chart from 
TradingView

Crypto Adoption No Longer Optional, Survey Finds As 72% Of Finance Leaders Signal Commitment

Hong Kong police warn after a senior loses HK$6.6M to crypto scams; Grayscale 
files for HYPE ETF; US lawmakers near stablecoin agreement.

Crypto market recap: What happened today?

Bitcoin’s mining difficulty just logged its second sizeable cut of 2026, 
easing conditions for remaining miners as competition from artificial 
intelligence data centers rises.

Bitcoin mining difficulty falls 7.7% as miner pressure persists

A 66-year-old Hong Kong man loses HK$6.6M in three separate cryptocurrency 
scams. Police urge caution against fraud.

Cryptocurrency price in LKR