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Markets
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.

Bitcoin's Dominance Rate Runs Into Familiar Resistance, Hints at 'Altcoin Season' Ahead
Bitcoin’s dominance may have peaked, one observer said.

AXS Nurses Losses as Axie Infinity's $156M Token Unlock Looms
Token unlocks are widely seen as bearish catalysts. However, the latest price drop probably stems from a wider market swoon.

Bitcoin Tumbles Below $28K on Coinbase
BTC’s price dipped to its lowest level since April 9. Ether also declined, albeit less severely.

Crypto Trading Firm Wintermute Plugs Into CoinRoutes Smart-Order Routing System
CoinRoutes won a patent in February for a “cryptocurrency smart-order router” designed to help trading firms reduce the costs of storing large reams of historical data.

First Mover Americas: Landmark Crypto Laws Pass in Europe
The latest price moves in crypto markets in context for April 20, 2023.
