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Reset ahead as 90D open interest falls

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XRP price outlook: Market gears for reset as 90-day open interest shows deleveraging - 1

XRP price outlook leans towards a market reset amid falling open interest and a spike in realized losses.

Summary

  • XRP has seen a sharp decline in recent sessions, pulling back over 60% from its 2025 high.
  • Open interest has dropped across Binance, Bybit and Kraken, reflecting broad leverage reduction.
  • A major realized loss spike and tightening volatility place price near a key technical inflection zone.

XRP (XRP) was trading at $1.39 at press time, down 5.4% over the past 24 hours, as the broader crypto market extended its February pullback.

The token has fallen 27% over the past week and is now down 38% year-over-year, marking a steep 62% retracement from its July 2025 all-time high of $3.65.

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Price action throughout the month has been volatile. XRP saw brief upside bursts, including a roughly 6% rally tied to renewed institutional spot interest and ETF-related developments. Those gains were short-lived.

Selling pressure returned quickly, supporting the downtrend that has been in place since the $2.60–$2.80 region.

Lower highs and lower lows have defined the structure, and recent candles show the market attempting to stabilize after a sharp capitulation wick toward the $1.30 area.

Open interest drops as leverage unwinds

A Feb. 26 report from CryptoQuant contributor Arab Chain pointed to a steady contraction in XRP derivatives positioning. The 90-day open interest change metric shows that traders have reduced exposure across major venues.

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Platforms such as Binance, Bybit, and Kraken have all recorded declines in open contracts over the past three months.

When open interest falls across several exchanges at once, it usually means leverage is being taken off the table. Positions are closed, risk is trimmed, and speculative liquidity leaves the market.

That type of contraction does not automatically point to another leg lower. In many cycles, the price first needs to flush excess leverage before it can form a more stable base.

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On-chain data adds context. According to Santiment, XRP recently logged its largest realized loss spike since 2022. The last time weekly realized losses approached $1.93 billion, the asset rallied more than 100% in the months that followed.

Fear often drives investors to sell below their entry price, resulting in significant losses. Selling pressure may go down as fewer weak hands are left after a lot of holders leave.

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There is no guarantee that the market will bounce back right away, but historically, these points happen close to major market turns.

XRP price technical analysis

On the daily chart, XRP remains in a downtrend, with lower highs forming consistently since late 2025. Recently, however, price behavior has changed. Instead of sharp red candles, the market is now consolidating within a tight range.

XRP price outlook: Market gears for reset as 90-day open interest shows deleveraging - 1
XRP daily chart. Credit: crypto.news

Bollinger Bands, which expanded during the selloff, have begun to contract. The price hovers near the 20-day moving average at $1.41, indicating a balance between buyers and sellers.

Momentum is starting to show signs of strain. The relative strength index has bounced back from oversold, but it is still below 50, which means that bulls haven’t fully taken over. A push above 50 would change the momentum in favor of buyers. 

A volatility squeeze appears to be developing, and expansion is likely to follow. The $1.50–$1.55 area stands as the key resistance zone. A clean break and daily close above it would invalidate the most recent lower high and open room toward $1.65 and potentially $1.80.

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On the downside, $1.33 remains immediate support, with $1.28–$1.30 acting as the structural floor from the recent liquidity sweep.

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Kaspa price eyes over 50% rebound after confirming falling wedge pattern

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Kaspa price eyes over 50% rebound after confirming falling wedge pattern - 1

Kaspa price shot up to a seven-week high of $0.041 on Thursday before settling at $0.037 at press time. It has now confirmed a breakout from a multi-year falling wedge pattern, which could spur more gains ahead.

Summary

  • Kaspa surged to a seven-week high near $0.041 and confirmed a breakout from a multi-year falling wedge, signaling potential for further upside.
  • Technical indicators, including Supertrend and Aroon, point to a strengthening bullish trend, with resistance at $0.038 and a potential move toward $0.056.
  • Exchange outflows of $1.8 million suggest rising investor accumulation and reduced sell-side liquidity, supporting the bullish outlook.

According to data from crypto.news, Kaspa (KAS) rallied to a seven-week high of $0.037 on March 19. Trading at $0.037 at press time, the token is up nearly 42% from its year-to-date low.

Technicals suggest that the token could still jump at least another 50% before hitting exhaustion.

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On the daily chart, Kaspa price has broken out of a multi-year falling wedge pattern formed of two descending and converging trendlines. Typically, when an asset breaks out from the upper side of the pattern, it sees strong upside over the following days.

Kaspa price eyes over 50% rebound after confirming falling wedge pattern - 1
Kaspa price

In Kaspa’s case, the upside scenario is further reinforced by bullish signals from technical indicators. The Supertrend, a tool used to measure market trend direction and volatility, flashed a green signal as the price moved above the key overhead trendline. 

Additionally, the Aroon indicator shows the Aroon Up at 92.86% while the Aroon Down was at 14.29%, suggesting that a powerful new uptrend is currently in control.

For now, the immediate resistance for Kaspa lies at $0.038, the 23.6% Fibonacci retracement level drawn from the May 12 high of $0.13 last year to the Oct. 10 low of $0.0090.

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A decisive breakout from here with strong volume can push its price to $0.056, which aligns with the next Fibonacci retracement level and lies nearly 51% above the current price.

The bullish outlook for Kaspa could gain further support from rising exchange outflows, as investors have begun moving their holdings off exchanges. Per data from CoinGlass, nearly $1.8 million worth of Kaspa has left exchanges recently.

Such a sudden spike in outflows means that investors are likely withdrawing Kaspa to self-custody wallets, potentially due to expectations of significant future price appreciation. This often leads other market participants to follow suit and further reduces the available sell-side liquidity.

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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World Liberty Financial Launches Toolkit to Let AI Agents Spend USD1

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World Liberty Financial Launches Toolkit to Let AI Agents Spend USD1

The Trump-backed DeFi project’s new AgentPay SDK gives AI agents self-custodial wallets and policy-enforced spending on EVM chains.

World Liberty Financial (WLFI) on Thursday released the AgentPay SDK, an open-source toolkit that enables AI agents to autonomously hold, send, and receive funds across Ethereum-compatible blockchains.

Transactions are settled in USD1, WLFI’s dollar-pegged stablecoin, which currently has roughly $4.4 billion in circulation, according to DefiLlama.

How It Works

AgentPay’s architecture spans four layers: a command-line interface, a local signing daemon, a policy engine, and a skill pack for integration with agent hosts. According to WLFI’s documentation, private keys are generated and stored on the operator’s machine, and all transaction signing occurs locally — the SDK sends no data to WLFI or any third party.

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When a transaction exceeds preset thresholds, the SDK pauses it and requires human approval before proceeding. If a wallet lacks sufficient funds, the system halts the operation and returns an error including the wallet address, chain ID, and a QR code for replenishment.

The kit plugs directly into coding-agent hosts, such as Claude Code, Codex, and OpenClaw, according to the project’s documentation. It also includes a built-in Bitrefill integration that allows agents to purchase gift cards and mobile top-ups with USD1.

This article was written with the assistance of AI workflows. All our stories are curated, edited and fact-checked by a human.

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Investors sue Gemini over IPO misstatements and Gemini 2.0 strategy switch

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Investors sue Gemini over IPO misstatements and Gemini 2.0 strategy switch

Investors sue Gemini, alleging its IPO hid plans to abandon core crypto trading for a prediction market pivot, after shares crashed and layoffs followed.

Cryptocurrency exchange Gemini and its co-founders Tyler and Cameron Winklevoss are facing a securities class action lawsuit filed in the U.S. District Court for the Southern District of New York, alleging the company misled investors during its initial public offering and concealed a major strategic overhaul from the public.

The lawsuit, which targets Gemini Space Station, Inc. along with several senior executives, claims the exchange made materially misleading statements in its IPO documents when it went public on September 12, 2025. According to plaintiffs, Gemini failed to disclose that it was planning to fundamentally transform its business — abandoning its core cryptocurrency trading platform in favor of a prediction market-centered model it has since dubbed “Gemini 2.0.”

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The fallout since the IPO has been severe. Gemini’s stock, which priced at $28 per share at launch, has since collapsed to $6.30 — a loss of roughly 77.5% — inflicting significant damage on retail and institutional investors who bought in at the offering. The decline has been compounded by a series of damaging developments that critics argue should have been disclosed to investors ahead of the listing.

In February 2026, just months after going public, Gemini announced a sweeping 25% reduction in its workforce. Around the same time, the exchange confirmed it was pulling out of several key international markets, exiting operations in the United Kingdom, the European Union, and Australia. The company has also seen significant leadership turnover, with its Chief Financial Officer Dan Chen, Chief Operating Officer Marshall Beard, and Chief Legal Officer Tyler Meade all departing in recent months.

The lawsuit argues that these events were not isolated incidents but rather the predictable consequence of a strategic direction the company had already decided upon before its IPO — one it chose not to share with investors.

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The Winklevoss brothers, who founded Gemini in 2014 and have long positioned the exchange as a compliance-first, institutionally focused platform, have not yet issued a public response to the litigation. The suit names other unnamed executives alongside the founders.

The case arrives at a delicate moment for crypto exchanges more broadly. With regulatory scrutiny intensifying across the U.S. and global markets, the pressure on publicly listed crypto firms to meet the same disclosure standards as traditional financial institutions has never been higher. For Gemini, which built much of its brand identity around regulatory cooperation and trustworthiness, the allegations of investor deception carry particular reputational weight.

The outcome of the lawsuit could have broader implications for how crypto companies structure and disclose their business strategies ahead of public offerings — and may prompt closer regulatory examination of IPO documents across the industry.

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Bitcoin whale dormant since 2012 moves $147 million in BTC

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A bitcoin whale wallet dormant since 2012 has moved 2,100 BTC worth $147 million after 13.7 years, stoking debate over lost coins, whale psychology, and market risk.

Summary

  • A wallet inactive since 2012 moved 2,100 BTC on March 20, 2026, now worth about $147 million versus just $13,685 when last touched.
  • The move, flagged by Whale Alert, comes as over $1.87 billion in leveraged bitcoin longs sit near liquidation if price slips below $66,827.
  • Analysts say such awakenings highlight both psychological overhang from early whales and how much BTC supply is locked in long-dormant or lost wallets.

A Bitcoin (BTC) address that had sat completely untouched for nearly 14 years was activated on March 20, 2026, sending shockwaves through the on-chain analytics community. The wallet, which had been dormant since 2012, held 2,100 BTC — worth approximately $147 million at current prices. When the coins were last moved, they were valued at just $13,685 in total.

The movement was flagged by Whale Alert, a blockchain tracking service that monitors large and unusual cryptocurrency transfers. The activation of wallets this old is an exceptionally rare event and typically draws intense scrutiny from analysts, traders, and the broader crypto community — both for what it signals about early adopter behavior and for the potential market impact of such a large, sudden transfer.

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The 2,100 BTC tranche represents a staggering return. At the 2012 price implied by the $13,685 valuation, Bitcoin was trading at roughly $6.50 per coin. With BTC now hovering around $69,700, the holder is sitting on a return of more than 10,000x — one of the most extraordinary wealth preservation stories the asset class has produced.

The identity of the wallet’s owner remains unknown, as is standard with pseudonymous Bitcoin addresses. Speculation has already begun as to whether the coins belong to a long-forgotten early miner, a pioneer investor from Bitcoin’s earliest days, or potentially a wallet connected to a now-dormant project or exchange from that era. Some analysts have also raised the question of whether the movement could be linked to estate activity, with heirs or executors accessing wallets belonging to early adopters who have since passed away.

What makes the timing notable is the current market context. Bitcoin has been navigating a period of uncertain momentum, with CoinGlass data flagging over $1.87 billion in leveraged long positions at risk of liquidation if the price falls below $66,827. The sudden reactivation of a wallet of this size naturally raises concerns about potential selling pressure — though a single transfer does not necessarily indicate an intent to sell, as coins may simply be moving to a new custody arrangement or cold storage solution.

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Historically, the reactivation of very old Bitcoin wallets has served as a psychological trigger for the market, prompting debate about the long-term conviction of early holders and the nature of Bitcoin’s supply dynamics. With roughly 4 million BTC estimated to be permanently lost and millions more held by long-term holders who have never sold, movements like this are a reminder that Bitcoin’s available supply is far more constrained than its total circulating figure suggests.

Whether these coins ultimately hit the open market or simply settle into new cold storage, the awakening of a 13.7-year dormant whale is a stark illustration of just how long Bitcoin’s history now runs — and how much early wealth remains locked in its blockchain.

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Ledger Hires Ex-Circle Executive as CFO, Opens NYC Office Amid US Expansion

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Ledger Wallet Adds OKX DEX for On-Device DeFi Swaps

Crypto hardware provider Ledger has appointed former Circle executive John Andrews as chief financial officer and opened a New York office as part of its US expansion. Andrews previously led capital markets and investor relations at Circle.

According to Friday’s announcement, the New York office is part of a multi-million-dollar investment in Ledger’s US operations and will create dozens of roles across enterprise and marketing teams. It will serve as a hub for the company’s institutional business, including its Ledger Enterprise platform, which provides custody and governance tools for digital assets.