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Markets
Absence of Retail Investors Could Stand in the Way of Pepecoin's Rise to Top Meme Coin: Santiment
A Santiment report said that pepecoin (PEPE) could face challenges amid a generally bleak trading environment.

Crypto Observers Decode Large Block Trade in Ether Options
The large ether options flow witnessed on Tuesday was a "calendar spread" strategy, Deribit's Luuk Strijers said.

Ether Rebounds Versus Bitcoin in Relatively Quiet Trade
Technical factors suggest ether's bounce could pause at current levels.

First Mover Americas: Axie Infinity Rallies After Apple App Store Debut
The latest price moves in crypto markets in context for May 17, 2023.

Bitcoin Slides Below $27K as Investors Eye Debt Ceiling Negotiations
Treasury Secretary Janet Yellen warned the U.S. could breach its debt limit by June 1, potentially setting off a recession in the event of default.

Bitcoin Volatility and Trading Volume Continue to Decline
The compression in BTC’s trading range implies that market participants are playing things safely for the moment.

Bitcoin's Realized Price on Cusp of Flashing Major Bullish Signal
The crypto's realized price looks set to cross above the average on-chain acquisition price of long-term holders, indicating a prolonged bullish period ahead.

Bitcoin-Ether Correlation Weakest Since 2021, Hints at Regime Change in Crypto Market
As Ethereum has shifted from PoW to PoS, the economics of supply and demand underlying the two cryptocurrencies will continue to diverge, one observers said.

Bitcoin Rebounds Above $27K as Investors Weigh Debt Ceiling Debate, Liquidity Concerns
Investors have been eyeing particularly low liquidity in crypto trading as market makers turn cautious.

Crypto Markets Look to Recapture Momentum Following Down Week
Trading volume increases for both bitcoin and ether, but trails their 20-day moving averages. CoinDesk’s Bitcoin Trend Indicator signals neutral again.
