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.
Approval for Ethereum ETFs Coming Soon? Key Challenges You Should Know
In the wake of the recent green signal for 11 spot Bitcoin ETFs, all eyes are now on the potential approval of a spot Ethereum ETF. The burning question on everyone’s minds is whether Ethereum will follow suit. The journey towards approval, however, is riddled with challenges, primarily stemming from the Securities and Exchange Commission’s …
Mustafa Mulla·25 Jan 20242 min
Brace for Impact! Hayes Predicts 30% Bitcoin Price Dip, Eyes Dogwifhat Bounce
In a recent Substack post, Arthur Hayes, the co-founder, and former CEO of BitMEX, presents insightful perspectives on the future of Bitcoin, offering technical analysis and strategic moves that demand attention. Read more what he has to say, and more importantly – why. BTC Expected to Dip to $30k – $35k Building on this analysis, …
Mustafa Mulla·24 Jan 20241 min
XRP Tumbles 16% in 24 Days: Can ETFs Offer a Lifeline?
XRP is weathering a tumultuous period as its value slips below critical thresholds—$0.60, $0.59, $0.57, and $0.55—since the beginning of the year. Despite a promising start on New Year’s Day, XRP has encountered a 16% decline within just 24 days, marking its most significant downturn since August 2023 when it saw a substantial 26.75% drop. …
Mustafa Mulla·24 Jan 20242 min
Grayscale’s 100K Sell-Off Shakes Bitcoin: Can the Price Recover?
In a significant development within the crypto space, Grayscale, a major player in crypto asset management and a key issuer of Bitcoin Spot ETFs, recently completed the sale of a substantial 100,000 BTC. This strategic move has not only showcased Grayscale’s influence but has also significantly affected Bitcoin’s trajectory, causing it to drop to a …
Mustafa Mulla·24 Jan 20242 min
NewsFormer BitMEX CEO Bets on Bitcoin Price Crash Below $40K, Ditches Solana
Former BitMEX CEO Arthur Hayes has strategically entered the market by acquiring put options with a strike price set at $35,000. Hayes envisions a potential 10-15% decline in the face of existing selling pressure, aiming to guide the cryptocurrency below the crucial $40,000 support level. Disclosing Trading Strategies In a recent tweet, Hayes openly shared …
Mustafa Mulla·24 Jan 20241 min
XRP Price Hits 3-Month Low as Whales Get Cautious: Should You Sell?
The crypto world can be often brutal. Now, recent reports signal a significant shift in the investment landscape around Ripple (XRP). Legal uncertainties and waning market confidence have led to a substantial dip, with XRP plummeting to $0.50 from its recent high. Let’s explore the challenges influencing this downturn. Why are the Whales Dumping XRP? …
Mustafa Mulla·24 Jan 20242 min
Analyst Jason Pizzino Predicts Altcoins Surpassing Bitcoin in 2024 Amid Anticipation of Key Events
Renowned crypto analyst Jason Pizzino has shared insights suggesting that altcoins could take center stage and potentially outshine Bitcoin (BTC) in the coming year. Pizzino points to two major catalysts that could drive significant market movements: the Bitcoin halving and the upcoming US presidential election. Upcoming Bitcoin Halving In a recent YouTube video, Pizzino highlights …
Mustafa Mulla·23 Jan 20241 min
JP Morgan Says Spot Ethereum ETFs Approval Is Next – With 50% Chances
With the recent approval of Spot Bitcoin ETFs by the United States Securities and Exchange Commission (SEC), attention in the crypto space turns to the potential approval of Spot Ethereum ETFs. However, JP Morgan analysts, in a note to clients, have expressed skepticism about the likelihood of approval for Ethereum Spot ETFs. ETH Facing Regulatory …
Mustafa Mulla·23 Jan 20242 min
Profit-Takes Slashes Bitcoin! Analyst Predicts 16% Price Plunge Soon
In an unexpected turn of events, Bitcoin’s value plummeted to $38,600, hitting its lowest point since early December. This decline follows the recent excitement surrounding the introduction of spot Bitcoin Exchange-traded funds (ETFs). As excitement over the newly launched spot Bitcoin ETFs surged, the leading cryptocurrency experienced a 5.4% drop within the last 24 hours. …
Mustafa Mulla·23 Jan 20242 min