As the new year unfolds, the ever-dynamic cryptocurrency market is witnessing a shift in investor focus. While Ripple’s XRP endures a price hammering, two altcoins, Chainlink (LINK) and the rising star Scorpion Casino (SCORP), are captivating investor interest. Let’s delve into the reasons behind this movement and explore what each project offers. XRP Under Pressure: […]
Bitcoin Dips Below $42,700: Market Uncertainty Prevails
The cryptocurrency market has had a significant happening, with the value of Bitcoin dropping below the $42,700 mark. This contraction is a phase of profit withdrawal after a promising beginning to the year, with analysts divided on digital coin’s short-term fortune. The beginning of the year was a volatile one. It is worth mentioning that […]
HashKey Group Raises $100 Million to Boost Hong Kong’s Crypto Scene
HashKey Group, a leading digital asset management and blockchain solutions provider, announced that it has raised $100 million in a Series A funding round. The round was led by HashKey Capital, a subsidiary of HashKey Group, and joined by several institutional investors, including Fidelity International, Tencent, and Temasek. The funding will be used to expand […]
GameStop NFTs Marketplace Closure: A Sign of Growing Regulatory Woes in the US Crypto Space?
The recent news by video game retailer GameStop announcing the closure of its NFT marketplace on Feb. 2nd has set off alarms among crypto and gaming communities. However, citing ‘regulatory uncertainty’ as the main reason behind this move provides further concerns about broader issues hampering the widespread adoption of NFTs in the USA. The short-lived […]