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.
Chainlink (LINK) Price Dips, But Analyst Bullish on 150% Rally
The crypto market has been tough for Chainlink (LINK) this month, with its value dropping by more than 5% today. Despite being one of the top 15 cryptos with a market cap of $8.13 billion, LINK’s price has struggled to reach its all-time high of $52.88. However, prominent crypto analyst Michael van de Poppe has …
Mustafa Mulla·22 Jun 20241 min
Ethereum DeFi Sector Poised for Strong Growth, Says Legendary Analyst
Renowned analyst and co-founder of Syncracy Capital, Ryan Watkins, has identified a significant opportunity in the Ethereum DeFi sector, suggesting that current market conditions present the strongest setup for DeFi since 2020. His analysis highlights the potential for a surge in Ethereum’s decentralized finance ecosystem. But the big question is when DeFi will become too …
Mustafa Mulla·21 Jun 20241 min
NewsBuy XRP Now! Top Expert Predicts 7x Price Gains by 2025
Despite its past success, Ripple’s native currency, XRP, is currently facing challenges in recovering from the recent crypto market crash. From a low of $0.0065 in 2016, XRP surged to an all-time high of $3.8 in 2018, marking an impressive in its price. Investors who bought XRP early saw substantial gains. Vandell Aljarrah, co-founder of …
Mustafa Mulla·21 Jun 20242 min
Kraken vs SEC Heats Up: Dismissal Request in Jeopardy?
The ongoing legal battle between Kraken and the U.S. Securities and Exchange Commission (SEC) took a dramatic turn during a recent court hearing on Kraken’s motion to dismiss the lawsuit. The judge hinted that Kraken’s request to dismiss the case might not succeed. Here’s a detailed look at the court proceedings. Judge Hints at Denying …
Mustafa Mulla·21 Jun 20242 min
SEC Current Stance Follows China’s Past Action Says Key Figures Associated With Ripple
The recent announcement by Consensys highlighting the SEC’s decision to close its investigation into Ethereum has sparked mixed reactions from key figures in the cryptocurrency space. Stuart Alderoty, Ripple’s Chief Legal Officer, has offered valuable insights into the SEC’s decision to close the Ethereum investigation while calling it a big win for ConsenSys. However, Alderoty …
Mustafa Mulla·20 Jun 20241 min
Binance Fined $2.25 Million for AML Violations in India
Big trouble for Binance in India! Binance, the world’s leading blockchain and cryptocurrency platform, has been slapped with a hefty fine of Rs 18.82 crore ($2.25 million) by India’s Financial Intelligence Unit (FIU) for failing to comply with anti-money laundering (AML) regulations. This fine is critical for Binance to resume its operations in the country. …
Mustafa Mulla·20 Jun 20242 min
Bitcoin Whale Makes $395 Million Purchase: Should You Buy the Dip?
A savvy Bitcoin investor, often called a “smart whale,” has re-entered the Bitcoin market with a substantial purchase of 6,070 Bitcoins worth $395 million during a recent market dip. This is the whale’s first acquisition in over 18 months, following a history of strategic buys and profitable sales exceeding $1 billion. Here’s everything you need …
Mustafa Mulla·20 Jun 20242 min
Bitcoin Long-Term Holder Sell $1.2B in Two Weeks as ETF Netflows Turn Negative
Bitcoin’s price has faced considerable selling pressure, plunging to approximately $65,000. Recent data from CryptoQuant revealed that the Bitcoin market has witnessed significant activity, with long-term holder whales offloading $1.2 billion worth of Bitcoin in the past two weeks. Notably, this massive sell-off aligns with negative netflows observed in Bitcoin ETFs over the same timeframe. …
Mustafa Mulla·19 Jun 20241 min
Justin Sun Moves $35 Million to Binance Amid Curve Finance Crisis
Tron founder Justin Sun has transferred $35 million worth of tokens to Binance. This action comes as Curve Finance struggles to recover from a sharp decline in its token value and liquidity challenges. Recently, the Curve (CRV) token dropped by 34%, leading to the liquidation of 100 million CRV worth of loan collateral from its …
Mustafa Mulla·19 Jun 20242 min