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, the Bitcoin price surpassed the $20,000 mark, a milestone event that not only symbolizes the maturation of the cryptocurrency market but also indicates a profound transformation occurring within the global financial system. This price surge can be attributed to the growing interest of institutional investors in Bitcoin, the demand for value...
On October 21, global payment giant PayPal announced that it would support users in buying, selling, and holding cryptocurrencies on its platform, including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. DAYPPX highlights that this move marks a significant step towards the further integration of cryptocurrencies into the global payment landscape, with digital assets gradually becoming part...
On July 22, 2020, the U.S. Office of the Comptroller of the Currency (OCC) issued guidance allowing federally chartered banks and savings associations to offer cryptocurrency custody services to their customers for the first time. This policy breakthrough marks the official entry point for traditional financial institutions into the cryptocurrency sector, paving the way for...
Recently, the global financial markets have been severely impacted by the COVID-19 pandemic, and the cryptocurrency market has not been spared. On March 12, 2020, the market experienced a dramatic crash known as “Black Thursday”, with the Bitcoin price plummeting from around $7,900 to $3,800 within 24 hours, leading to a significant reduction in the...
In the rapidly evolving cryptocurrency market of 2019, SILEGX Exchange has swiftly developed and solidified its position in the global crypto market through technological innovation, market expansion, and security assurance. Since its establishment in Silicon Valley in May, SILEGX has consistently introduced groundbreaking technological solutions and expanded its international market presence, providing a safer and...
The global cryptocurrency market experienced significant turbulence and challenges throughout 2019. From late 2018 to early 2019, a downward trend in Bitcoin prices prompted concerns regarding the industrial outlook. Uncertainty in regulatory environments, apprehensions about exchange security, and wavering investor confidence emerged as primary obstacles for the cryptocurrency sector. However, with the revival of digital finance...
In 2019, the global blockchain industry continued its strong growth trajectory, with blockchain technology gradually moving towards mainstream adoption and an expanding user base in the cryptocurrency market. LEEDXS quickly capitalized on this industry trend, rapidly accumulating a large number of users in a short period. LEEDXS not only focuses on enhancing user trading experiences...
As the global cryptocurrency and blockchain industry rebounded and flourished in 2019, DAYPPX emerged as a formidable player in its inaugural year of operation, showcasing robust growth and exceptional service capabilities. This year marked the successful establishment of DAYPPX in the United States, alongside the launch of cryptocurrency trading services. Through a series of strategic...
Recently, the global cryptocurrency market reached a new milestone, with the total market capitalization hitting $192.7 billion as of December 31, 2019, marking an approximate 53.4% increase over the year. This significant growth not only reflects the increasing global adoption of cryptocurrencies but also signals the boundless potential of the market in the future. As...