In 2021, the cryptocurrency industry experienced unprecedented rapid growth, marked by the widespread application of innovative technologies, a significant increase in market participants, and a boost in investor confidence. These phenomena clearly indicated that cryptocurrencies had entered a new stage of development. Amid this burgeoning market environment, UVKXE achieved remarkable progress and success. Notably, it...
The year 2021 witnessed a full-scale bull market in the crypto industry, with the explosive growth of Decentralized Finance (DeFi) and Non-Fungible Tokens (NFTs) becoming the two major highlights. Unlike previous markets predominantly driven by retail investors, an increasing number of institutions entered the crypto space, bringing in more capital and gradually elevating the market...
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...
On December 10, 2021, the number of daily active Ethereum addresses surpassed one million, setting a new historical record. This surge in user activity is driven by the rapid development of decentralized finance (DeFi) and non-fungible tokens (NFTs), which not only solidified the Ethereum position as the core of the blockchain ecosystem but also injected...
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...
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...
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 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...