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Morgan Stanley disclosed holding $269.9 million worth of Grayscale’s GBTC and $2.3 million of Ark Invest’s ARKB.

PancakeSwap will pay up to $8 million to Uniswap eligible traders who have paid high interface fees on its competitor’s platform.

The latest price moves in bitcoin (BTC) and crypto markets in context for May 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Over 80 billion NOT tokens have been airdropped to participants, amid crypto exchange listings, including Binance, OKX and Bybit.

Solana DEX Drift has officially launched its token and opened airdrop claims for 120 million tokens — with a bonus component.

The Securities and Exchange Board of India submitted a recommendation that several regulators should oversee trade in cryptocurrencies, Reuters reported citing documents.

The memecoin market cap has increased by over 10% in the past 24 hours, outperforming the rest of the cryptocurrency market.

The ether-bitcoin ratio slides to a three-year low, extending year-to-date losses to nearly 16%.

Bitcoin short liquidations have spiked to more than $58 million in the past 24 hours after BTC rallied above the $66,000 mark.