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.
Altcoins
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.
Excessive supply concerns lead to a 70% drop in SUI’s market debut top price.
The circulating supply of SUI tokens will grow by nearly 15% by the end of 2023.
The PEPE Surge: Driven by Social Relevance and Speculation in Memecoin Mania
Memecoins are back in the headlines as PEPE booms, taking the market capitalization of speculative tokens over $20 billion.
Joe Lubin: The truth about ETH founders split and ‘Crypto Google’
Joe Lubin explains what really happened in 2014 when two co-founders were pushed out and how Ethereum really is becoming the “World Computer.”
Alleged rug pull sees WallStreetBets mod dump memecoin valued at $635K
Within two days, the token’s price plummeted from an all-time high of $0.00067279 to an all-time low of $0.00004827.
Curve Finance Algorithmic Stablecoin Sees $22M Minted Since Mainnet Launch
Decentralized finance protocol CurveDAO has successfully launched its algorithmic stablecoin crvUSD on the Ethereum network.
