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Bitcoin MVRV At Critical Support Line, Will Retest Be Successful?

[Sep 6, 2023 10:00 AM] On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) ratio is nearing a retest that could be crucial for the asset. Bitcoin MVRV Ratio Is Nearing In On The 1.2 Level As an analyst in a CryptoQuant Quicktake post explained, the 1.2…

Bitcoin HODLer Dominance Rises To Record Levels, Bullish Sign?

[Sep 6, 2023 7:00 AM] On-chain data shows the divergence between the Bitcoin long-term holders and short-term holders has grown to record levels recently. Bitcoin Market Has Been Continuing Its Shift Towards HODLing As an analyst in a post on X explained, the gap…

First Mover Americas: Bitcoin Still Stuck in Limbo

[Sep 6, 2023 6:04 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Turning Point For Bitcoin And Crypto? DXY At 5-Month High

[Sep 6, 2023 5:30 AM] In a crucial development for the financial markets, the US Dollar Index (DXY) has surged to its highest level since March, marking a pivotal moment for Bitcoin and the broader crypto sector. The DXY, which gauges the Greenback’s performance…

Here’s What Will Happen If Bitcoin Can Break $33,700

[Sep 5, 2023 11:00 AM] On-chain data suggests the $33,700 level could be a very significant level to break for Bitcoin if the historical pattern is anything to go by. Bitcoin 6 Months To 3 Years Old Investors Have $33,700 As Cost Basis In a new post on X, Ali, an…

Colorado DMV Now Accepts Bitcoin Payments Via PayPal

[Sep 5, 2023 9:49 AM] The Colorado Division of Motor Vehicles (DMV) has announced that it now accepting Bitcoin and cryptocurrency as a payment option through PayPal for Coloradans to renew driver's licenses, identification cards, and vehicle registrations.“At the…