a16z Crypto CTO: Memecoin has created a negative public perception of cryptocurrency and has a destructive impact on the market

All three major U.S. stock indices closed down more than 1%, Apple ended above $300 to hit a record high, while the China Concept Index fell by 2.8%.

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Major US equity ETFs generally closed lower, with emerging markets ETFs dropping over 3.4% and gold ETFs falling over 2.3%.

Advent Technologies Holdings, Inc. (ADNH) disclosed through documents submitted to the U.S. Securities and Exchange Commission (SEC) that its subsidiary has officially withdrawn from the “E102 Green Hipo” project under the EU's “Hydrogen Important Projects of Common European Interest” (IPCEI) Hy2Tech initiative, effective May 14, 2026.