SEC lawsuit triggers selloff in Coinbase stock, COIN down 15%
Coinbase stock, alongside several crypto-related stocks, have seen their values crash following the SEC's new lawsuit.

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Binance said its size made it an easy target, and it is now "caught in the middle of a U.S. regulatory tug-of-war."
Traders have been ditching BTC and ETH, as increased regulatory pressure in the U.S. pushes them toward Tether's USDT.
SEC's lawsuit against Binance led to steep losses for traders who had long positions on the crypto market.
El Salvador's ambitious Volcano Energy project aims to create a global Bitcoin mining powerhouse fueled by renewable solar and wind energy.
Likely candidates for which Central Asian country has added Bitcoin to its treasury are Kyrgyzstan, Uzbekistan, and Kazakhstan.
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.