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Search Results for: xrp

HashKey Capital Secures Dual Licenses for Comprehensive Financial Services

HashKey Capital, a prominent player based in Hong Kong in virtual asset management, has secured a Type 4 license from the Securities and Futures Commission (SFC). This license, identified as BOP237, distinguishes HashKey Capital as a pioneering licensed corporation capable of offering both securities and virtual asset management and advisory

May 13, 2024 1 min read

Will Crypto Market Bears Continue to Dominate? Insights and Analysis

The cryptocurrency market has sustained a downward trajectory over the past week. The overall market has seen a decline of 3.6%, coupled with a significant 27% decrease in trading volume compared to the previous week. Despite this gloomy backdrop, hope flickers among traders, largely fueled by the resilience of select

May 13, 2024 2 mins read

Why Are South Asian-Based Cryptos Currently Capturing Traders’ Attention?

VELO has emerged as a standout performer, reaching a nearly two-year high at $0.02861, marking a remarkable 13-month peak. Dubbed the “XRP of South East Asia,” VELO has been capturing the attention of crypto traders with its meteoric rise, surging by 113% in just a month. With its current trading

May 10, 2024 1 min read

Retik Finance (RETIK) Outmatches Polygon (MATIC) By Far, Here’s Why

The decentralized finance (DeFi) sector is witnessing fierce competition among various projects, each striving to establish dominance and offer innovative solutions to users. While Polygon (MATIC) has emerged as a prominent player in the DeFi space, a new contender, Retik Finance (RETIK), has risen quickly with ambitious goals and unique

May 10, 2024 4 mins read

SEC Dismisses Ripple’s Defenses, Highlights Concerns Over Future Breaches

In the ongoing legal battle between Ripple Labs and the United States Securities and Exchange Commission (SEC), significant progress has been made as both parties filed their final replies in the lawsuit’s remedies stage. The SEC challenged Ripple’s assertion of acting without recklessness and argued against any “widespread uncertainty” regarding

May 8, 2024 1 min read

Altcoins Take the Spotlight as Crypto Market Soars Over 10%

The global crypto markets have witnessed a notable rebound following a jumble period, with Bitcoin spearheading the recovery by surging over 15.2% from its recent lows experienced at the beginning of May ($56,715). Climbing above $65,350 for the first time since April 24, Bitcoin’s resurgence has infused renewed optimism into

May 6, 2024 2 mins read

Bitfinex Data Breach Raises Concerns Amid Doubts on Hack’s Veracity

The devastating revelation of a massive data breach has shocked the world-renowned crypto exchange Bitfinex. A breach involving 2.5 terabytes of data has reportedly occurred, exposing sensitive information belonging to almost 400,000 consumers. Because of the previous attack, people are understandably worried about the safety of their accounts and funds,

May 5, 2024 2 mins read

SEC’s Impending Ethereum ETF Decision Underwhelms Industry Expectations

The U.S Securities and Exchange Commission’s (SEC) judgment on Ethereum ETFs is imminent, and professionals in the field are becoming more skeptical. Crypto analyst Michaël van de Poppe has voiced his skepticism on the May approval of Ethereum Spot ETFs, taking the lead in the discussion. Michael Saylor, CEO of

May 3, 2024 2 mins read