Grayscale reports that SEC deems Filecoin as a security.
The regulator has asked Grayscale to withdraw its application for a Filecoin Trust product, saying it believes its underlying asset is a security.
Altcoins
UK lawmakers propose regulating crypto retail trading as gambling
The volatility and purported lack of intrinsic value of most crypto assets make it particularly risky for consumers, the politicians claimed.
Analysis of Prices on 5/15: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
The debt ceiling talks remain in focus and are likely to dictate the price action in the S&P 500, DXY and cryptocurrency markets in the near term.
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.
