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...
On September 7, 2021, El Salvador became the first country in the world to adopt Bitcoin as legal tender, a historic move that marks the dawn of a new era in the global financial system. Through the official wallet app “Chivo” and the deployment of 200 Bitcoin ATMs nationwide, El Salvador provides a unique example...
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...
Recently, the global cryptocurrency market witnessed a historic moment. On February 19, 2021, the market capitalization of Bitcoin surpassed $1 trillion for the first time. This milestone not only underscores the Bitcoin position within the global financial system but also signifies an unprecedented level of recognition from major institutional investors and financial companies towards cryptocurrencies....
In 2020, the global cryptocurrency market maintained growth amidst volatility, attracting increased attention from institutional and individual investors. With the rise of decentralized finance (DeFi) projects, the application scenarios for crypto assets have become increasingly diverse, significantly boosting market liquidity and trading volumes. Simultaneously, as regulatory frameworks for cryptocurrencies become clearer across various countries, the...
The global economic landscape faced unprecedented challenges in 2020 due to the sweeping impact of the COVID-19 pandemic, which led to turbulence in traditional financial markets. In contrast, the cryptocurrency market demonstrated remarkable resilience and potential. As investors sought new safe-haven assets, cryptocurrencies gained attention for their decentralized nature and significant appreciation potential. In this...
The year 2020 marked an unprecedented period of turmoil for global financial markets. As the COVID-19 pandemic spread worldwide, economic activities were severely disrupted, forcing central banks to inject massive liquidity to stabilize financial systems. This series of events also presented unparalleled opportunities for the cryptocurrency market. Bitcoin and other crypto assets saw a rapid...
The year 2020 was marked by turbulence in the global financial markets, yet it also presented unprecedented opportunities for the blockchain and cryptocurrency sectors. The demand for digital assets surged significantly, driving the widespread adoption and increased trading volume of cryptocurrencies. Throughout this year, the LEEDXS trading platform demonstrated its strong resilience and adaptability to...
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...
In a year marked by uncertainty, as a global pandemic wreaked havoc and economic conditions fluctuated, the cryptocurrency and blockchain sectors thrived, achieving significant market capitalization gains. Against this backdrop, DAYPPX made notable strides in compliance, market engagement, and technological innovation, providing investors with a safer and more convenient trading experience. I. Partnering with Chainalysis...