The launch of X Money has moved into a high-profile limited external beta, 
sparked by recent social media activity from Elon Musk and William Shatner. 
While speculation regarding cryptocurrency integration is high, current 
reports indicate the initial rollout focuses primarily…

Is crypto coming to X Money? Elon Musk responds after first images appear

Crossmint and Western Union are partnering to integrate the new USDPT 
stablecoin and Digital Asset Network into global payment infrastructure. On 
March 4, 2026, Crossmint announced a strategic partnership with Western Union 
to support the rollout of USDPT, a U.S. dollar-denominated stablecoin issued 
on the Solana blockchain. This collaboration focuses on Western Union’s new 
Digital […]

Western Union Partners With Crossmint to Launch USDPT Stablecoin on Solana

An analyst has highlighted how Bitcoin has consistently bottomed out between 
the 1.0 and 0.8 MVRV pricing bands during the past decade. Bitcoin Still 
Hasn&#8217;t Breached Below 1.0 MVRV Band In This Cycle In a new post on X, analyst 
Ali Martinez has talked about historical Bitcoin bottoms from the perspective 
of the MVRV Pricing Bands. This is an on-chain pricing model for BTC that&#8217;s 
based on the popular Market Value to Realized Value (MVRV) Ratio. Related 
Reading: Altseason Mentions Hit Extreme Lows: Is Dogecoin About To Benefit? 
The MVRV Ratio measures how the market cap of BTC, a representation of the 
value that investors are carrying in the present, compares against the 
Realized Cap, a proxy for the total capital invested into the cryptocurrency. 
In short, this indicator tells us about the profit-loss balance of BTC holders 
as a whole. When the value of the MVRV Ratio is greater than 1.0, it means the 
average investor is currently holding a net unrealized profit. On the other 
hand, it being under the threshold implies the dominance of losses on the 
network. Generally, the higher the investor profits get, the more likely they 
become to take part in profit-taking. Thus, tops can become more likely to 
occur as the MVRV Ratio diverges far above 1.0. Similarly, selling can reach 
exhaustion when the majority of the supply is underwater, implying bottoms may 
become probable at low MVRV levels. Based on these behaviors, on-chain 
analytics firm Glassnode has created the MVRV Pricing Bands, which is a model 
that highlights Bitcoin price levels corresponding to certain key MVRV Ratio 
levels. Below is the chart for the indicator shared by Martinez. From the 
graph, it&#8217;s visible that the Bitcoin price has been trading below both the 2.4 
and 3.2 bands for a while now. These levels, situated around $130,000 and 
$174,000, respectively, correspond to thresholds where profit realization risk 
becomes significant. The cryptocurrency has faced bearish momentum recently, 
but its price has continued to hold above the 1.0 level. This means that 
despite the drawdown, the investors as a whole have remained in a state of net 
unrealized gain. In the chart, the analyst has pointed out a pattern that 
Bitcoin has tended to follow with MVRV Pricing Bands. &#8220;Over the past decade, 
Bitcoin $BTC has consistently bottomed between the 1.0 and 0.8 MVRV Pricing 
Bands,&#8221; said Martinez. Currently, these levels sit near $54,000 and $43,000, 
respectively. Related Reading: Bitcoin LTH Selling Cools: Is Months-Long 
Distribution Finally Ending? It now remains to be seen whether BTC will 
continue to go down in the near future and retest this historical bottoming 
zone, or the asset will find a low before it, breaking the pattern from the 
previous cycles. The coin has already broken one pattern this time: it hasn&#8217;t 
been able to breach the 3.2 level a single time. BTC Price At the time of 
writing, Bitcoin is trading around $73,000, up more than 6% over the past 
week. Featured image from Dall-E, chart from TradingView.com

Bitcoin Historically Bottoms Between These MVRV Levels—Where Are They Now?

Bitwise Asset Management has announced a $233,000 donation to Bitcoin open- 
source developers, marking the firm’s second annual contribution tied to the 
success of its spot Bitcoin exchange-traded fund. The funds come from profits 
generated by the Bitwise Bitcoin ETF, which…

Bitwise allocates $233K to support Bitcoin core development

Eight Sleep enters a new growth phase as a predictive artificial intelligence 
(AI) health platform following a $1.5 billion valuation milestone. Eight Sleep 
announces a strategic funding round led by Tether Investments on March 5, 
2026, to transition from sleep optimization to a predictive health platform. 
The New York-based company currently operates in 34 countries […]

Cryptocurrency price in KRW