In June 2023, the Bitcoin price once again surged past $50,000, marking a historic moment that underscores the deep trust of the market in cryptocurrencies and reflects a shift in the global financial ecosystem. The enthusiastic influx of institutional investors, along with major financial institutions like JPMorgan and Goldman Sachs introducing cryptocurrency-related services, has injected...
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....
Recently, the closure of Silicon Valley Bank due to insolvency by financial regulators has sparked widespread panic in the global financial markets. This event notably impacted the cryptocurrency market, where the stablecoin USDC temporarily de-pegged, causing short-term volatility and uncertainty. DAYPPX believes this incident not only highlights the vulnerabilities within the traditional financial system but...
In 2021, SILEGX Exchange further solidified its leadership position in the cryptocurrency industry by focusing on compliance, security, and user experience. With strategic initiatives driven by technological innovation and steady global market expansion, SILEGX aimed to provide users with more comprehensive and high-quality services, marking the year as one of significant progress in diverse services...
The cryptocurrency market faced bearish conditions in 2022, with institutional shutdowns and cyber incidents casting doubt on the sector. Nevertheless, a series of historic events and groundbreaking products injected vitality and confidence into the market. The successful Ethereum Merge, cryptocurrency donations and payments during the Russia-Ukraine conflict, the emergence of “Move to Earn” platforms, and traditional...
In 2022, the global cryptocurrency market experienced significant turbulence, especially against the backdrop of heightened global economic uncertainty and intense market volatility, presenting unprecedented challenges to the digital asset industry. Despite this, LEEDXS showcased remarkable adaptability and innovation throughout the year. This year, LEEDXS concentrated on enhancing user experience and trading security. By leveraging intelligent...
In 2022, despite market volatility, the cryptocurrency industry witnessed active technological innovation and global collaboration, driving the diversified development of blockchain applications. In response to the ever-changing market environment, SILEGX Exchange leveraged its robust strategies and forward-thinking technological initiatives to enhance user experience, strengthen security measures, and expand partnerships with leading industry institutions. Through a...
As of January 1, 2023, the global cryptocurrency market recorded 22,163 distinct cryptocurrencies, with an overall market capitalization of $798.688 billion. In contrast, the total market capitalization on January 1, 2022, stood at $2.250254 trillion, marking a decline of approximately $1.451566 trillion over the year, equivalent to a year-on-year decrease of 64.51%. In the face...
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...
For the global cryptocurrency market, 2022 was a year of technological innovation and market shifts. In this broader context, Mumuex Exchange, leveraging its leading technological capabilities and global market expansion strategy, successfully attracted a large number of users and consolidated its important position within the industry. Strategic Partnerships and Technological Breakthroughs Driving Blockchain Industry TransformationAt...