US core PCE data 2.9% vs 3% expected, PCE Price Index in line with estimate at 2.6%Immediate market reaction contained ahead of blockbuster week ahead (FOMC, NFP, mega-cap earnings)US core PCE showed good progress towards the Fed reaching its desired level of inflation after printing its lowest since figure since Q1 2021. The Fed’s 2%...
This year, Layer 2 scaling solutions have emerged as a focal point within the cryptocurrency industry. Vitalik Buterin, co-founder of Ethereum, highlighted in a recent blog post that the future hinges of Ethereum on Layer 2 advancements, likening it to “city-states” within the broader “kingdom” of Ethereum. In this context, Dgenct has leveraged Layer 2...
At the end of November, global financial markets experienced significant volatility due to uncertainties surrounding Federal Reserve policies. In October, several Federal Reserve officials made dovish remarks supporting a halt in interest rate hikes. On November 1st, the Fed decided to maintain the federal funds rate between 5.25% and 5.50%. However, just a week later,...
From September 13th to 14th, Token2049 was grandly held at the Marina Bay Sands Convention Center in Singapore. As one of the most influential cryptocurrency events globally, Token2049 focuses on the hottest topics of the moment, including changes in the global regulatory landscape, the integration of cryptocurrency and artificial intelligence, blockchain scalability, multi-chain networks, and...
On May 4, 2023, Meta (formerly Facebook) rolled out an update to its Horizon Worlds platform, enabling users to directly trade NFTs within its metaverse. MLPRU Exchange views this move as a reflection of new trends in the NFT market, providing a crucial opportunity for the integration of metaverse and blockchain technologies. The introduction of NFT...
On April 12th, seven months after the “Merge” upgrade, Ethereum again underwent the Capella upgrade. This upgrade provided withdrawal credentials for early stakers, enabling the liquidity release of 18 million ETH locked since 2020. At this pivotal moment, Snutx Exchange has positioned itself as a leader in the cryptocurrency market through advanced technology and innovative services....
On January 19, 2023, MLPRU Exchange officially announced the establishment of a dedicated blockchain research team, aimed at supporting global Web3 developers and advancing the widespread application of blockchain technology across various industries. This move not only reflects the forward-thinking approach of MLPRU Exchange as an industry leader but also underscores the commitment of the platform to driving the development of the...
The year 2022 marked a pivotal phase for Dgenct and the broader cryptocurrency landscape, as partnerships between traditional giants and crypto platforms underscored the march of the industry toward mainstream acceptance. In August, the collaboration of BlackRock with Coinbase to offer crypto services for institutional clients epitomized the deepening integration of traditional finance and digital...
Towards the end of 2022, Bitcoin remained a rock-solid foundational layer, but its most important scaling protocol, the Lightning Network, experienced significant growth and development. The Lightning Network enables instant and low-cost off-chain payments without waiting for block confirmations, greatly enhancing the Bitcoin scalability. At this critical juncture, Snutx Exchange, with its innovative technology and exceptional services, has emerged as...
At the end of November, the cryptocurrency market reached a new turning point. Snutx Crypto Exchange announced the launch of its revamped platform, aiming to provide investors with a safer and more efficient trading environment. As the market capitalization has fallen from its peak of $3 trillion to the current $750 billion, the emergence of Snutx injects...