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Markets
Crypto Investment Funds See Outflows for Fourth Consecutive Week
Bitcoin-related products accounted for $38 million of the $54 million in total outflows.

First Mover Americas: MiCA Legislation Gets the Final Go-Ahead From EU Ministers
The latest price moves in crypto markets in context for May 16, 2023.

Bitcoin Holds Above 200-Week Average as Dollar Index Rallies Most Since February
Analysts expect the U.S. dollar to continue gaining ground in the near-term, keeping risk assets under pressure.

Ribbon Finance's Decentralized Exchange Aevo Unveils Altcoin Options Trading
Users will be able to trade options tied to coins like LDO, PEPE, SUI, ARB, LTC, APT, and others, which was previously possible only through an over-the-counter desk.

Bitcoin Cash Prices Bump Ahead of ‘CashTokens’ Upgrade
The upgrade is set to go live on mainnet at noon UTC on Monday.

First Mover Americas: Bitcoin Falls to 2-Month Low
The latest price moves in crypto markets in context for May 12, 2023.

Bitcoin Prices Slip to 2-Month Lows as CoinDesk’s Bitcoin Trend Indicator Turns Neutral From Bullish
Prices fell to $26,160 soon before press time, reaching the lowest since March 17.

Bitcoin Prices Retrace as Traders With Varying Time Horizons Jockey for Position
Longer term holders remain resilient. Bitcoin super whales warrant attention, as they have recently reduced positions.

Bitcoin Edges Below $27K as Latest Bank Crisis Fails to Trigger Price Increase
BTC has been trading largely below the psychologically important $30,000 mark since late April, as investors wrestle with recent bank sector debacles and other macroeconomic uncertainties.

‘Smart Money’ Traders Reduce Pepecoin Holdings by $3M as Meme Coin Mania Cools
PEPE token has dropped 66% since last week, when it reached a $1.8 billion market capitalization after a staggering rally.
