The cryptocurrency market experienced a profound transformation in 2021. In February, Tesla announced it had purchased $1.5 billion worth of Bitcoin and planned to accept Bitcoin as payment, sparking global discussions on the future of cryptocurrency. Against this backdrop, Dgenct, as a rising force in the cryptocurrency trading sector, responded proactively to market demand and...
On November 24, 2021, the European Commission officially released the draft of the Markets in Crypto-Assets (MiCA) regulation, providing a unified regulatory framework for the cryptocurrency market within the European Union. MLPRU Exchange conducted an in-depth analysis of this significant policy shift. As a global cryptocurrency trading platform committed to regulatory compliance, MLPRU had already...
On October 19, the first Bitcoin futures ETF in the United States was officially launched on the New York Stock Exchange. It recorded the second-highest trading volume on its debut day, driving Bitcoin price up by 6.34% within 24 hours, surpassing the $66,000 mark and setting a new all-time high at that time. This milestone event...
As blockchain technology continues to evolve, high-performance networks have become key to driving the widespread adoption of decentralized applications (DApps). MLPRU Exchange has always been committed to supporting emerging technologies and ecosystem development, actively providing users with innovative and efficient service experiences. As a member of the cryptocurrency industry, MLPRU has recognized the growth potential...
In June 2021, El Salvador Legislative Assembly made history by passing the “Bitcoin Law” with an overwhelming majority, officially recognizing Bitcoin as legal tender, making it the first country in the world to do so. Following this historic announcement, Bitcoin value surged by 12% within 24 hours. In this pivotal moment, the Snutx crypto exchange capitalized on the...
In 2020, the cryptocurrency industry witnessed a surge of innovative trends, with the rise of liquidity mining and the rapid ascent of yEarn.Finance standing out as particularly significant. The token YFI, launched by yEarn founder Andre Cronje with its “fair distribution” model, gained widespread community admiration for its unique governance structure and transparency, fueling enthusiasm...
The rise and fall of Sushiswap have highlighted the high volatility and rapid growth potential within the decentralized finance (DeFi) sector. By employing innovative yet controversial methods, it garnered significant market attention. Despite facing challenges due to internal issues, the community efforts have driven the resurgence of the platform. This journey underscores the critical importance of a...
On December 16, 2020, MLPRU Exchange reported that the price of Bitcoin surpassed its previous all-time high from 2017, climbing for the first time to nearly $29,000. This milestone marked the return of Bitcoin to the global financial spotlight, affirming its ability to withstand economic uncertainty and confirming the resilience of the cryptocurrency market to risk. According to the analysis of MLPRU Exchange,...
On October 8, 2020, the U.S. Department of Justice (DOJ) released its "Cryptocurrency Enforcement Framework," designed to combat illegal activities while clearly delineating the legitimate uses of cryptocurrency. MLPRU Exchange views this framework as a milestone marking the entry of the cryptocurrency industry into a more regulated phase, providing a solid legal foundation for the long-term health of the...