This is the deepest correction of the current bull market, however is consistent with five major pull-backs during the 2017 bull.

In terms of bull market duration, the 2021 primary bull (where new ATHs are set frequently) has run for around 200-days, which is relatively short compared to the year long bull run in 2017 — link

MicroStrategy bought another $10 million worth of bitcoin — link

China bans financial, payment institutions from cryptocurrency business — link | The block

Mercurial Finance (MER) will be listed on FTX on May 21st

Before this, Mercurial will conduct a public sale on Raydium on May 19th, and on Bonfida on May 20th.

Bitcoin funding rates coming closer to zero, bullish sentiment has reset — link

Nvidia reducing the hash rate of new graphics cards so they’re less desirable to miners — link

Coinbase plans 'media arm' that reports to its marketing team: report — link

New groups might have an issue with receiving @unfolded_bot messages, fix is coming soon.

In almost perfect opposition to new entrants panic selling, long term holders appear to be buying the dip and accumulating cheaper coins — link

New OCC chief signals greater caution on crypto — link

BlockFi botches promo with outsized bitcoin reward payments — link

CME leveraged funds’ shorts are slowly closing down as cash-and-carry arbitrage becomes less profitable.

As markets cool off, rolling basis drop below 15%

India may form a new committee to study the possibility of regulating crypto: report — link

Wells Fargo's investment institute is in the final stages of onboarding an active crypto strategy for its wealthy clients — link

Over $3.3 billion worth of positions got liquidated in 1 hour — link

So scared right now. All my friends got liquidated.

Ethereum average gas price per block just went from less than 200 GWEI to over 2,000 GWEI in the span of about 2 hours — link