XRP network usage has cooled since late 2024, with new addresses falling from about 18,000 per day in December 2024 to roughly 2,700 currently, an 85% drop. Whale-to-Binance inflows also slid to around 736 million XRP after peaking near 2.6 billion XRP in early March, suggesting reduced exchange-transfer pressure. Separately, analyst Ali Martinez said a TD Sequential buy signal appeared on the 4-hour chart, pointing to a potential rebound toward $1.45 and possibly $1.80 if resistance is cleared.

On March 1, Bitrefill reported a cyber intrusion that led to the theft of cryptocurrency from certain hot wallets and misuse of its gift card supply flows. The company's investigation has identified indicators consistent with techniques attributed to the North Korea-linked Lazarus/Bluenoroff group, and traced the breach to a compromised employee laptop. Around 18,500 purchase records were accessed, while Bitrefill says financial losses will be covered from operational capital and most services have been restored.

A Buenos Aires court has ordered a nationwide block on prediction market platform Polymarket in Argentina, citing unlicensed gambling activity and weak user controls. Judge Susana Parada instructed telecom providers, as well as Google and Apple, to restrict access to the website and app after an investigation found crypto- and card-based betting without proper identity or age checks. The case followed a complaint from local lottery authorities and coincided with scrutiny over Polymarket activity around the release of February inflation data.

OpenSea CEO Devin Finzer confirmed that the SEA token launch scheduled for March 30 has been postponed due to challenging crypto market conditions. The OpenSea Foundation opted to delay the debut to fully prepare the project, while ending the current rewards wave and offering optional refunds of platform fees from waves 3 to 6. From March 31, token trading fees on OpenSea will be set to zero for 60 days before a new fee structure is introduced, and the canceled March 30 event will be replaced by a future product-focused session.

Ethereum advanced roughly 8% over the last 24 hours to approach $2,300 on Monday, while on-chain data showed renewed large-scale buying. Erik Voorhees spent 49.08 million USDT to acquire 23,393 ETH, alongside additional whale and ETF inflows, even as Vitalik Buterin's earlier sales this year totaled about 18,684 ETH.

An analysis by TRM Labs found that less than 1% of on-chain crypto activity in Australia between March 2025 and February 2026 involved illicit counterparties, even as local entities processed about $50 billion in transaction volume. Sanctions-related flows made up roughly 70% of identified illicit volume, while darknet markets, investment fraud, and illegal goods and services formed the next largest categories. Australia's framework requiring digital currency exchanges to register with the Australian Transaction Reports and Analysis Centre has coincided with a diversified crypto ecosystem and limited criminal exposure.

Democratic Senators Chris Van Hollen, Elizabeth Warren, and Ruben Gallego said they will oversee a U.S. Department of Justice investigation into whether Binance violated sanctions laws by facilitating transactions tied to Iran and terrorism-linked entities. The lawmakers, who sit on the Senate Committee on Banking, Housing, and Urban Affairs, argued that the reported activity suggests Binance may have enabled restricted financial flows and vowed to ensure the exchange is held responsible if any violations are confirmed.

As of March 11, 2026, Bitcoin's long-term holder Realized Supply was 8.05 million BTC, about 5.5% below the March 8, 2026 cycle high of 8,529,671 BTC when the price hit $65,974. Analyst Axel Adler Jr. noted that current long-term holder balances are still historically elevated versus the 2016 and 2020 halving cycles, while indicators such as the Z-score and MA365 ratio point to only moderate overheating and a possible stabilization after strong accumulation in early 2026.

XRP was unable to move past the $1.40 level on Wednesday while derivatives metrics pointed to fading speculative interest. Open interest in XRP futures has fallen across major exchanges, long positions have been heavily liquidated, and exchange transfer activity has dropped to its lowest reading since the current metric was launched.