Market Update: May 14 📉🔥 Major cryptos are sliding after hotter-than-expected PPI data and heavy ETF outflows. BTC dipped 1.5% to $79.5K, while ETH fell 2% to $2,260. SOL dropped 4% to $91, and HYPE slipped 1% to $39.03. Leading gainers include CC (+8%), H (+5%), and QNT (+5%). 📊 Macro & Policy 🌍 U.S. Core PPI surged 1% month-over-month (largest since March 2022) and 5.2% year-over-year. Oil fell 2% to $97, gold held steady at $4,700, and Nasdaq futures edged up 0.2% as tech rebounds. Kevin Warsh was confirmed as the 17th Fed Chair with a 54-45 Senate vote. UK Economic Secretary Emma Reynolds told Parliament that digital assets could bring a "transformation of markets" as the government prepares to enforce crypto regulations. Ledger and Consensys are pushing IPO plans, citing favorable market conditions. Fireblocks CEO Michael Shaulov argued that protecting Bitcoin from quantum computers is a coordination issue, not a technical one. 🏛️ ETF & Treasury Flows 💼 Bitcoin ETFs saw net outflows of $630M on Wednesday, the largest since January. ETH ETFs recorded $36M in outflows. STRC volume was sufficient for Saylor to buy 3,240 BTC, bringing the weekly total to over 6,000 BTC. 🏦 Meme Coin Watch 🐕 Meme coins are mostly in the red: DOGE -1%, SHIB -3%, PEPE -4%, PENGU -5%, TRUMP -4%, BONK -5%, SPX -10%, FARTCOIN -8%. Notable gainers: CTO (+110x), Troll (+30%), Bull (+37%), and Burnie (+20%). 🚀 Tokens & Protocols 🪙 DraftKings launched Combos on its prediction market, allowing users to combine up to six event contracts into a single parlay for bigger payouts. ZEC was featured in a Wall Street Journal article about crypto maxis searching for the "next Bitcoin." 🎯 NFTs & Collectibles 🖼️ NFTs are mostly down: Punks flat at 29.6 ETH, BAYC -2% at 9.9 ETH, Pudgy -4% at 4.99 ETH, Hypurr -3% at 280 HYPE. Normies (+20%) led gainers. Art Blocks Geophylla minted at 0.018 ETH and rose to a floor of 0.1 ETH (now 0.08). The Node Foundation announced new limits on Beeple packs:...