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.
Ethereum ETF Poised to Steal 20% Of Bitcoin ETF’s Money Flow, Here’s Why
Last week, U.S. Bitcoin ETFs saw a record $1.8 billion in inflows, marking their 19th consecutive day of increased demand. Many people in the crypto community think that once Spot Ethereum ETFs go live, Ethereum could attract 10% to 20% of the money currently flowing into spot Bitcoin ETFs. As, the agency is reviewing S-1 …
Mustafa Mulla·10 Jun 20242 min
Ripple vs SEC: Current Status and What to Expect Next
Since December 2020, Ripple has been in a legal battle with the US Securities and Exchange Commission (SEC). The SEC accused Ripple of raising over $1.3 billion through unregistered securities offerings by selling XRP. As this intense fight continues, many are wondering what will happen next. Meanwhile, Ripple’s cryptocurrency, XRP, has been around $0.50 since …
Mustafa Mulla·10 Jun 20242 min
Top Analyst Predicts 10x PEPE Price Surge: Should You ‘Buy the Dip’ Now?
PEPE, the frog theme memecoin, recently saw its price drop after reaching $0.0000172 in late May, it’s now at $0.0000123, with its market cap reduced to $5.25 billion. This downward trend suggests the cryptocurrency market might be entering a phase of correction or consolidation. Read on to find out what analysts are saying about PEPE’s …
Mustafa Mulla·10 Jun 20242 min
Is Dogecoin USELESS? Ripple CEO Brad Garlinghouse Thinks So!
Is Dogecoin just an online joke, or is it a serious player in the world of finance? The future of this meme-inspired cryptocurrency is up for debate after Ripple CEO Brad Garlinghouse threw some shade its way at the recent Consensus 2024 conference. Garlinghouse’s comments highlight a growing question in the crypto world: should these …
Mustafa Mulla·10 Jun 20242 min
NewsTop 3 Reasons Why the Bitcoin Price is Down Today
The markets are in a frenzy today, and it’s not the good kind. Cryptocurrency took a significant hit today, with Bitcoin dropping below its $71,000 support level to $68,500, and Ethereum falling to $3,600. The global crypto market cap decreased by 2.60% to $2.55 trillion, while total market volume surged by 42.17% to $106.43 billion. …
Mustafa Mulla·8 Jun 20242 min
Robinhood Expands with $200M Bitstamp Acquisition: XRP Listing Incoming?
Robinhood Markets has announced its plan to acquire the renowned crypto exchange Bitstamp for $200 million. This strategic move aims to expand Robinhood’s presence outside the United States, particularly in Europe and Asia, where Bitstamp has a strong market position. The acquisition will enhance Robinhood’s services by integrating Bitstamp’s extensive crypto exchange operations into its …
Mustafa Mulla·7 Jun 20242 min
Solana Memecoin Hulk Hogan Coin Crashes 85% in Insider Selling Frenzy
Celebrity meme coins are back in the headlines, basking in the (somewhat recovered) glow of the market. But hold on a minute, because not all that glitters is gold – or, in this case, cryptocurrency. Hulk Hogan’s entry into the crypto world with his Solana-based meme coin, HULK, has just taken a brutal beating – …
Mustafa Mulla·7 Jun 20242 min
US Bitcoin ETFs Surge Past $15 Billion, But Why Is BTC Price Lagging?
A red-hot trend is unfolding in the world of Bitcoin. Spot Bitcoin exchange-traded funds (ETFs) in the United States are on a record-breaking streak, attracting a staggering $15.6 billion, marking their 19 consecutive days of increased demand. But here’s the head-scratcher: despite this frenzy of investment, Bitcoin’s price remains stubbornly below its much-anticipated $73,679 peak. …
Mustafa Mulla·7 Jun 20242 min
100+ Federal Prosecutors Demand Binance Exec Gambaryan’s Freedom in Nigeria
In the midst of rising tensions, Nigeria remains determined in its legal actions against Binance executive Tigran Gambaryan, despite increasing pressure from US lawmakers and former officials. Around 100 former federal prosecutors and agents have united in sending a letter to Secretary of State Tony Blinken. The letter, first reported by Axios, calls for immediate …
Mustafa Mulla·7 Jun 20242 min