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.
Goldman Sachs Doubles Down on Crypto with Massive Bitcoin and Ethereum ETF Purchases
Goldman Sachs has significantly boosted its exposure to crypto with a 2,000% increase in its Ethereum ETF holdings, now valued at $476 million, and a 114% jump in Bitcoin ETFs, reaching $1.5 billion. The investment bank’s massive buys include shares in BlackRock’s iShares Ethereum Trust and Fidelity’s Bitcoin Fund. This move comes after strong market …
Mustafa Mulla·12 Feb 20251 min
Oklahoma Pushes Forward with Bitcoin Reserve Bill, Move To Floor Vote
Oklahoma is making strides in adopting Bitcoin, with the passage of the HB 1203 “Strategic Bitcoin Reserve” bill. The bill, which allows the state’s savings accounts and pension funds to invest in Bitcoin, passed the committee stage with a 6-2 vote and is now heading to a floor vote. Introduced by Representative Cody Maynard, the …
Mustafa Mulla·12 Feb 20251 min
Solana AI Hackathon: Big Winners and Major Losses in the Token Market
Solana’s AI Hackathon sparked a wave of innovation, but not all projects are thriving. Among 82 tokenized projects, only 27 have a market cap of over $1 million, according to Nansen. While some AI tokens soared in value, many have seen significant declines—some down over 80% from their peak. The top performers, like The Hive, …
Mustafa Mulla·12 Feb 20251 min
Trump Reportedly Picks Brian Quintenz as CFTC Chairman Major Move for Crypto
According to Fox Business reporter Eleanor Terrett, U.S. President Donald Trump has chosen Brian Quintenz as the new chairman of the Commodity Futures Trading Commission (CFTC). Quintenz, who previously served as a CFTC commissioner, is currently the head of policy at a16z’s crypto division. While the White House has not yet made an official announcement, …
Mustafa Mulla·12 Feb 20251 min
ZkLend Hacked! Hacker Offered 10% Bounty to Return Stolen Funds
ZkLend Next generation lending protocol has confirmed a security breach, with an attacker stealing 3,300 ETH. In response, the platform has offered the hacker a deal—keep 10% as a white hat bounty and return the remaining funds to a designated Ethereum address. If the hacker complies, ZkLend has pledged to waive any legal action. The …
Mustafa Mulla·12 Feb 20251 min
Pi Network Long-Awaited Launch Date Revealed – Will Pi Coin Hit $100?
After years of delays, the wait is finally over – Pi Network’s open mainnet is officially launching. The core team has confirmed that the Tap to Earn Pi Coin Network will go live on February 20, 2025, at 8 AM UTC. This long-anticipated milestone marks a major step forward for Pi, finally allowing it to …
Mustafa Mulla·12 Feb 20253 min
Hong Kong Allows Bitcoin and Ether as Proof of Wealth for Investment Visa
Hong Kong has officially confirmed that Bitcoin (BTC) and Ether (ETH) can be used as proof of assets for its New Capital Investment Entrant Scheme visa. This visa is aimed at wealthy migrants looking to invest in Hong Kong, with a requirement to show net assets worth at least HK$30 million ($3.8 million). While the …
Mustafa Mulla·11 Feb 20251 min
Bitcoin Miners Capitulating Signals Possible Price Rally Soon
CryptoQuant has recently highlighted a warning sign for Bitcoin’s market. The Hash Ribbons indicator, which monitors the health of Bitcoin mining by tracking changes in hash rates, is flashing again. This tool has been a reliable signal in the past, showing when it’s a good time to buy Bitcoin, both for short-term and long-term investments. …
Mustafa Mulla·11 Feb 20251 min
WazirX Announces Key Townhall for Creditors: Don’t Miss Out!
WazirX, India’s biggest crypto exchange, has announced an important Townhall meeting for all creditors. Scheduled for February 12th, 2025, at 5:30 PM IST, this session will explain everything creditors need to know about the scheme process. It will cover how to review claims, how to raise disputes, how to check records, and the steps for …
Mustafa Mulla·11 Feb 20251 min