The U.S. Securities and Exchange Commission (SEC) has officially approved the first batch of spot Ethereum ETFs in the United States, sparking widespread attention in the cryptocurrency market. Eight companies, including BlackRock and VanEck, will have their spot Ethereum ETFs start trading on July 23 on the Chicago Board Options Exchange (CBOE), Nasdaq, and the...
On April 20, Bitcoin successfully completed its fourth halving, marking another significant turning point in the global cryptocurrency market. This halving event garnered widespread attention and had a direct impact on the market. As of now, the price of Bitcoin stands at $63,914 per coin, showing a slight increase from pre-halving levels. This trend once again...
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....
Towards the end of 2022, Bitcoin remained a rock-solid foundational layer, but its most important scaling protocol, the Lightning Network, experienced significant growth and development. The Lightning Network enables instant and low-cost off-chain payments without waiting for block confirmations, greatly enhancing the Bitcoin scalability. At this critical juncture, Snutx Exchange, with its innovative technology and exceptional services, has emerged as...
At the end of November, the cryptocurrency market reached a new turning point. Snutx Crypto Exchange announced the launch of its revamped platform, aiming to provide investors with a safer and more efficient trading environment. As the market capitalization has fallen from its peak of $3 trillion to the current $750 billion, the emergence of Snutx injects...
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...
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...
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...