This week was a mess 😥

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The Biggest Withdrawal Yet Investors pulled out a whopping $563.7 million from the U.S.-based Bitcoin ETFs on Wednesday, marking the largest withdrawal since these funds started in January. This development comes after five days of losses,  totaling nearly $1.2 billion taken out since April 24 . Fidelity's FBTC was hit the hardest, losing $191.1 million. This is a shift from earlier when FBTC and BlackRock's IBIT were gaining funds. More news to explore Bull & Bear Index Movers & a Mourner In the top 100, the ultimate gainers were Optimism (OP), Wormhole (W), and Axelar (AXL). As for the losers, the biggest outlier was Stacks (STX). Optimism OP $2.85 ▴ 20.17% Get OP Wormhole W $0.71 ▴ 18.54% Get W Axelar AXL $1.22 ▴ 14.99% Get AXL Wondering what are the  best & worst performing crypto  on a daily basis? Subscribe to our price alerts here. Behind the Headlines In a Seattle federal court, CZ, former head of Binance, was sentenced to  four months in prison  for money laundering and other illegal activities. BNB reacted with a 1.5% rise. Roger Ver, an early Bitcoin investor turned Bitcoin Cash advocate, was  indicted for tax fraud . Arrested in Spain; extradition to U.S. pending. The US Federal Reserve kept the  key interest rate steady at 5.25–5.5%  annually on May 1, aligning with what the market anticipated. Visa analysts observed that in April 2024,  USDC surpassed USDT in monthly transactions , with 166.6 million compared to 163.6 million. This trend started in December 2023, when USDC had 145 million transactions versus USDT's 127 million. Chinese authorities arrested Lan Mou on April 25 in Guangdong province for allegedly using  forged personal data to claim StarkNet airdrops . He had reportedly submitted over 40 false requests using the acquired information intended for early contributors to the project. Changelly Bestsellers Monero XMR $123 ▴ 1.76% Get XMR Toncoin TON $5.27 ▾ -2.43% Get TON Binance Coin (BSC) BNBBSC $566 ▾ -6.10% Get BNBBSC Tron TRX $0.12 ▴ 3.09% Get TRX USDT TRC20 USDTRX $1.00 ▴ 0.05% Get USDTRX Meme of the Week Have you enjoyed this letter? © Changelly 2015—2024 Get access to mobile-only rates Download the app to get exclusive benefits: Download About  |  Privacy Policy Manage Subscription Any information provided in this email does not constitute investment advice or investment recommendation nor does it constitute an offer to buy or sell or a solicitation of an offer to buy or sell digital assets or other financial instruments described in this email. In particular, this information should not be used as a substitute for suitable investment and product-related advice. Unless expressly stated otherwise, all pricing information is non-binding. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information in this email before making any decisions based on such information.