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Markets
Pepecoin’s Top Bull Also Has Millions in Shiba Inu, but Holdings Suggest Risk for Traders
Millions of dollars' worth of pepe tokens are held by just a few wallets, with one such wallet seemingly a meme-coin bull.

Bitcoin's 50-Day Moving Average in Focus for Crypto Analysts After 11% Price Pullback
A break below the average would call into question the bull market's strength, one analyst said.

Ethereum Layer 2 Networks’ Total Value Locked Hovers at Near-Record High, Data Shows
TVL soared past $10 billion on the Ethereum blockchain earlier this month before dipping, according to analytics website L2Beat. Arbitrum dominates the layer 2 scaling landscape by market share.

Bitcoin Drops to $27.3K, Ether Edges Toward $1.8K Amid Investors' Interest Rate Concerns
BTC’s recent price drop can be interpreted as “a period of consolidation and a healthy correction after an explosive move upwards past $30,000 over the last several months,” one analyst says.

First Mover Americas: Bitcoin Starts Work Week in the Red
The latest price moves in crypto markets in context for April 24, 2023.

Bitcoin Posts Biggest Weekly Loss in 5 Months as Dollar Liquidity Declines, Debt Ceiling Fears Return
The cost of insuring against a potential U.S. government default in the next 12 months soared to record highs last week.

Declining Bitcoin-Ether Correlation Could Affect Crypto Investors’ Hedging Strategies: Coinbase
From a fundamental perspective, the weaker correlation supports diversification arguments in favor of holding both BTC and ETH, the exchange said.

Ether Erases All Gains From Shanghai Rally as Bitcoin, Other Crypto Prices Also Fall
The second-largest cryptocurrency by market capitalization has dropped to its lowest point since April 9, CoinDesk data shows.

Ethereum’s Shanghai Upgrade Spurs Institutional Investment Into Staking
The largest staking platforms for institutional investors recorded three times more new deposits than last month, early data shows.

First Mover Americas: Bitcoin Falls to $28K
The latest price moves in crypto markets in context for April 21, 2023.
