Controversy arises as Jack Dorsey asserts that ETH is a security.
Since Binance and Coinbase were sued for offering unregistered securities, the longtime Bitcoin advocate has tweeted posts promoting a focus on BTC development.
Altcoins
Amid Binance and Coinbase lawsuits, SEC and Gensler-inspired memecoins experience a surge.
Memecoins that draw their likeness from Gary Gensler and the SEC have rallied significantly since the regulator sued Binance and Coinbase.
Coinbase and Binance CEOs’ net worths squeezed by SEC lawsuits
Brian Armstrong and CZ have seen respective net worth losses of 11.8% and 5.1% since the SEC sued Coinbase and Binance.
These 4 altcoins may experience buying surge due to Bitcoin’s recovery
While most coins are reeling under pressure, Bitcoin and select altcoins such as ADA, ATOM, LDO, and ARB are showing promise.
Hodler’s Digest from May 7-13: Coinbase’s Mistake, CBDCs Banned in Florida, and Ordinals in Controversy
Calls for a boycott of Coinbase over memecoin controversy, Florida’s ban on CBDCs, and the effects of Bitcoin Ordinals on the BTC network.
Analyzing Prices on 5/12: LTC, DOT, SOL, MATIC, DOGE, ADA, XRP, BNB, ETH, BTC
Bitcoin and most major altcoins are slumping, but the charts suggest that a recovery could be around the corner.
Asia Express: Alameda Settles $38 Billion IRS Bill with Assets Donated by Do Kwon; Milady Frenzy Ensues
IRS wants $38B in unpaid taxes from Alameda, Milady token surges 3,000%, restraining order for Arthur Hayes over 3AC “threatening” words.
The Reason Behind the Decline in Crypto Prices
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses why Bitcoin has been unable to break through the $29,000 level and why crypto prices have been falling.
How do liquidity provider (LP) tokens function and what is their purpose?
Providing liquidity to a pool could be another source of passive income in crypto. Find out here what liquidity provider tokens are and how they work.
Explained: Quadratic Funding – The Future of Crowdfunding
Quadratic funding is a new approach to crowdfunding that incentivizes smaller contributions and promotes the funding of diverse, high-quality projects.
