Global Focus Financial News

On June 17, 2022, the state of New York passed a law limiting energy-intensive cryptocurrency mining, stipulating that only mining facilities utilizing clean energy would be allowed to continue operations. This policy shift has sparked widespread industry discussion and marks a significant milestone in the transition of the global cryptocurrency market toward green energy. Amid the ongoing...

In May 2022, the price collapse of the algorithmic stablecoin UST and its sister token LUNA sent shockwaves through the entire digital asset market. Once a highly anticipated innovation, UST was designed to be pegged to the US dollar. However, it became unpegged due to a loss of market confidence, leading to a dramatic increase...

In 2021, the cryptocurrency industry experienced a year of rapid growth. From the widespread explosion of DeFi to the rise of the metaverse concept, and the legal recognition of Bitcoin in multiple countries, the global market witnessed a deeper application of blockchain technology. Mumuex Exchange, with its technological innovation and global strategy, made steady progress...

In 2021, the cryptocurrency market saw an astonishing 567% year-on-year increase in trading volume, reaching $15.8 trillion and drawing significant attention from investors. The Bitcoin price surged by over 120% throughout the year, hitting an all-time high of $69,000 in November, while Dogecoin skyrocketed by over 12,000% in May. Amid this market frenzy, QXALX Exchange...