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.
XRP Price Set for Third “Kaboom”? Market Cap to Hit $2.61 Trillion, Hint Analyst
In a recent tweet that has set XRP enthusiasts abuzz, respected crypto analyst EGRAG CRYPTO dropped clues about an upcoming seismic shift in the XRP market, calling it the “3rd Kaboom.” EGRAG CRYPTO’s analysis points towards a major breakthrough in XRP’s market cap, potentially sending its price soaring to unprecedented heights. We’ve done a deep …
Mustafa Mulla·3 May 20242 min
Bitcoin Bulls Are Back! Analyst Predicts Breakout and Bullish Run to $78K
Bitcoin, the original cryptocurrency, is bouncing back after a dip from $56,545, now sitting at $59,404 after a 4% surge in 24 hours. The recent positive movement in Bitcoin suggests a potential upswing ahead, signaling it might have reached a temporary low. Seasoned crypto traders are aiming to break the crucial $61,000 resistance level, eyeing …
Mustafa Mulla·3 May 20241 min
Ripple vs SEC: XRP Price Defies Market Downturn with 6.1% Surge
In the rollercoaster world of cryptocurrencies, XRP is standing tall, keeping its foothold firm at the critical $0.50 level, a crucial line of defense against further market dips. Despite bearish market conditions, XRP has surged by 6.1%, driven by substantial buying activity from derivatives traders ahead of Ripple’s impending reply to the SEC’s opposition. What …
Mustafa Mulla·2 May 20242 min
Crypto Market Turn Bearish As “Sell in May and Go Away, Got Real,” Bitcoin To Fall Near $47k
The cryptocurrency market experienced a significant downturn on May 1, with Bitcoin and other digital assets plunging in value. Bitcoin’s price dropped to as low as $56,552, marking a 5.8% decline over 24 hours and a 13.3% decrease within the week as per Coinpedia news. Veteran trader Peter Brand predicts a potential drop in BTC …
Mustafa Mulla·1 May 20242 min
Top Analyst Predicts Bitcoin Price Bull Run Based on THIS Technical Indicator
Bitcoin (BTC) has dropped below the $60,000 mark, sparking concerns that the cryptocurrency market might be heading into a bearish phase. The lackluster performance of spot ETFs in Hong Kong, combined with worries about interest rates, has prompted traders to sell off their assets. But despite this uncertainty, well-known crypto trader Captain Faibik remains upbeat, …
Mustafa Mulla·1 May 20242 min
Judge Richard Jones Rejects DOJ’s Push for Changping Zhao’s Sentence Enhancement
Judge Richard Jones has rejected the Department of Justice’s (DOJ) request to extend the prison sentence for Changpeng Zhao, the former CEO of Binance. The DOJ had sought to increase Zhao’s sentence from 18 months to 3 years, alleging his involvement in illegal activities related to cryptocurrency transactions. However, Judge Jones has expressed skepticism about …
Mustafa Mulla·30 Apr 20241 min
First Day of Hong Kong’s ETF Disappoints As Bloodbath Continues
In a disappointing turn for investors, Hong Kong’s launch of six new spot Bitcoin and Ethereum exchange-traded funds (ETFs) recorded significantly lower trading volumes than their counterparts in the United States. The trading volume for these ETFs reached just HK$87.5 million ($11.2 million), in stark contrast to the impressive $4.6 billion achieved by the inaugural …
Mustafa Mulla·30 Apr 20242 min
Chinese Officials Dampen Hong Kong ETF Launch Hype: What to Know
The recent debut of Bitcoin and Ethereum exchange-traded funds (ETFs) in Hong Kong has sparked a global frenzy among investors, sending cryptocurrency prices soaring. This move not only signals Hong Kong’s ambition to become a major hub for digital asset investments but also reflects the growing acceptance of cryptocurrencies worldwide. However, amidst the enthusiasm, recent …
Mustafa Mulla·30 Apr 20242 min
Binance Founder CZ Faces 3 Years Jail in Money Laundering Case: Latest Updates to Know
As the cryptocurrency community eagerly awaits a critical moment, the sentencing hearing for former Binance CEO Changpeng Zhao draws near. Locked in a legal tussle with US federal prosecutors seeking a hefty 3-year prison term, Zhao finds himself at the center stage, with the impact being felt across the market. Read more about these developments …
Mustafa Mulla·30 Apr 20242 min