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.
Memecoins Surge as Donald Trump Voices Support for Crypto at NFT Gala
In a surprising twist, Donald Trump, the Republican candidate eyeing the 2024 US Presidential seat, unveiled a significant embrace of cryptocurrencies during an event at his Mar-a-Lago resort in Palm Beach, Florida. His pledge to end US hostility towards digital currencies and welcome crypto donations for a potential re-election campaign marks a big shift from …
Mustafa Mulla·10 May 20242 min
Dencun Upgrade Backfires: Ethereum Supply Soars, Price Tumbles
The latest report from crypto analytics firm CryptoQuant raises questions about Ethereum’s status as “ultra-sound money” following the mid-March Dencun Upgrade. Originally aimed at cutting fees and boosting network scalability, the upgrade has inadvertently made Ethereum more inflationary. The Dencun Upgrade was supposed to make Ethereum transactions cheaper and the network more scalable. However, it …
Mustafa Mulla·10 May 20241 min
NewsCrypto Analyst Predicts Upcoming Altseason, Citing Historical Market Trends Seen In 2018 -21
Cryptocurrency markets may be on the cusp of an exciting shift, according to a prominent crypto analyst who recently took to Twitter with bold predictions. The analyst’s tweet suggests that what we’ve witnessed so far in altcoin movements could be just the beginning of a larger uptrend, likening it to market structures observed from 2018 …
Mustafa Mulla·9 May 20241 min
Is Crypto Doomed? Shocking Trade Volume Decline in April Sends Investors Running!
Cryptocurrency trading volume took a downturn in April, marking the first monthly decline in seven consecutive months of growth. The decline, attributed to geopolitical tensions and reduced inflows into U.S.-listed spot ETFs, had a significant impact on both spot and derivatives markets. What triggered this sudden downturn? Let’s dive deeper for answers. Sharp Decrease in …
Mustafa Mulla·9 May 20242 min
Solana Short Sellers Terrified! SOL Price Rebound Threatens $125 Million Liquidations
Solana, one of the prominent cryptocurrencies in the market, recently took a dip, facing a notable 5% decline that caught the attention of investors. The reason? Worries about FTX’s plan to sell off assets. But just as quickly as it fell, Solana bounced back, hinting at a potential liquidation of about $125 million in short …
Mustafa Mulla·9 May 20242 min
FTX Debtors Furious! Amended Bankruptcy Plan Raises Conflict of Interest Concerns
In a recent twist in the FTX bankruptcy case, a significant update has caused a stir in the cryptocurrency world. On May 7, FTX revealed a revised plan, promising substantial changes to how creditors would be repaid. However, the addition of an exculpatory clause in this plan has sparked controversy. Here’s everything you need to …
Mustafa Mulla·8 May 20242 min
Legendary Crypto Trader Predicts Solana Price Breakout to $360 Soon
Solana, often known as the ‘Ethereum killer,’ has been consistently rising, defying market trends, and establishing itself as a major player in the cryptocurrency world. It has surged an impressive 732.20% this year, which has attracted significant investor interest. CryptoJack, a popular figure in the crypto community, has made bold predictions for Solana. He anticipates …
Mustafa Mulla·8 May 20242 min
NewsRipple vs SEC Lawsuit Nears Conclusion: Who Will Win? Experts Weigh In
The legal battle between Ripple Labs Inc. and the U.S. Securities and Exchange Commission (SEC) has reached a critical juncture, marked by a significant filing from the regulatory agency. All eyes are on the SEC’s final remedies reply brief, set to come out from behind sealed doors and into public view by May 8. This …
Mustafa Mulla·8 May 20242 min
NewsBitcoin Derivatives Traders Bet Big: Predict $100K Surge by September
Bitcoin derivatives traders are showing confidence in a bullish price surge above $100,000 by September, according to analysts closely monitoring market trends. This sentiment reflects growing optimism in the cryptocurrency space despite recent market fluctuations. Bullish Signal In Bitcoin Options Market Recent data from QCP Capital suggests a positive shift in Bitcoin options sentiment, with …
Mustafa Mulla·7 May 20242 min