Author
Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.
Bitcoin Bull Signal Hints at MASSIVE Price Surge: Are You Ready?
Recent on-chain data from CryptoQuant reveals a unique opportunity in the Bitcoin market that appears only once within a bull cycle. Miners’ profitability is showing patterns similar to those preceding significant price surges in past bull markets. Could this indicate the end of the current correction period and the start of a new bull rally? …
Mustafa Mulla·9 Jul 20242 min
DeFi Boom Drives Ethereum Stablecoin Supply to New $78 Billion High
The circulating supply of stablecoins on Ethereum has been increasing steadily, hitting an all-time high in April 2024. This trend, which began in November 2023, suggests a positive divergence and potential growth in the cryptocurrency market. Since November 2023, the stablecoin supply on Ethereum has skyrocketed from $65 billion to record-breaking levels by April 2024. …
Mustafa Mulla·9 Jul 20242 min
Is Bitcoin Back? Price Soars After Wall Street Injects $295M in ETFs
The price of Bitcoin has sharply declined over the past two weeks, dropping to $53,600 on July 5. This marks the first time Bitcoin has traded below $54,000 since February. The primary reasons for this decline are a significant sell-off by the German government and the $8.5 billion repayment from Mt. Gox to its creditors. …
Mustafa Mulla·9 Jul 20242 min
Cboe Pushes for Solana ETFs: First-Ever Listing Awaits SEC Approval!
Big news for crypto investors! Cboe Global Markets just filed a game-changing request with the SEC: exchange-traded funds (ETFs) for Solana! Could this be the next major step for Solana, following the boom of Bitcoin and Ethereum ETFs? The SEC will decide in the coming months, but one thing’s for sure: this filing has the …
Mustafa Mulla·9 Jul 20242 min
NewsYoung Investors Bet Big on Crypto Despite Market Turbulence
Cryptocurrency markets are facing tough times, with major digital currencies dropping in value and companies going bankrupt amid legal and regulatory threats. Despite these challenges, a recent study shows that younger investors prefer investing in cryptocurrencies over other options. Oof, it’s been rough for the crypto world recently! While major digital currencies have been taking …
Mustafa Mulla·8 Jul 20242 min
Summer Lull Hits Bitcoin Price: What to Expect for Q4 2024?
Bitcoin just took a tumble, falling below $54,000 and its key 200-day average! This sudden dip comes as two major events shake the crypto market: Mt. Gox is finally returning funds to creditors, and the German government is unloading its seized Bitcoin. As Bitcoin enters its expected summer lull, renowned crypto analyst Benjamin Cowen has …
Mustafa Mulla·8 Jul 20242 min
Government Bitcoin Sell-Off Won’t Shake Crypto Market Say CryptoQuant’s CEO
Recent, selling of sized bitcoin by the German government has exerted selling pressure that triggered panic among crypto investors. This move has somewhat resulted in Bitcoin’s price dropping by 4.3% in the past day and over 6.63% in the past week, pushing it below the $54,000 mark. Perhaps, CryptoQuant CEO Ki Young Ju suggests that …
Mustafa Mulla·6 Jul 20242 min
Should You Buy the Bitcoin Dip? Spot ETFs See Big Inflows
Bitcoin dropped to around $53,600 on July 4, marking its first dip below $54,000 since February 25. The largest cryptocurrency by market value then recovered slightly, trading at approximately $56,750. However, it remains 23% below its all-time high of over $73,000 in March. This recent decline in Bitcoin’s price coincides with a surge in inflows …
Mustafa Mulla·6 Jul 20242 min
Bitcoin Bottoms Out? Analysts Predict Altcoin Explosion with Ethereum ETF Launch
As Bitcoin teeters around $56,600 after a brief dip to $53,500, the crypto world is abuzz with bold predictions that could set the stage for a thrilling market shift. With speculation swirling that Bitcoin may have reached its nadir and the eagerly anticipated Ethereum ETF on the horizon, altcoins are gearing up for a potential …
Mustafa Mulla·6 Jul 20242 min