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.
Short NewsCrypto Market Crash: $689M Liquidated as Bitcoin and Ethereum Plunge
The cryptocurrency market experienced significant volatility over the past 24 hours, with $689 million in liquidations, with 233,145 traders liquidated. However, The largest single liquidation order happened on Binance ETH/USDT value $17.74M. Bitcoin’s price dropped by 7%, contributing to $131 million in liquidations. Despite its dominant position, Bitcoin’s pullback was relatively modest compared to ETH, …
Mustafa Mulla·8 Jan 20251 min
Canaan Launches Bitcoin Miners That Heat Your Home Too!
Canaan Inc., a top blockchain hardware company, has introduced two groundbreaking Bitcoin mining devices, the Avalon Mini 3 and Nano 3S, at CES in Las Vegas. These devices are designed to make crypto mining more accessible to individuals while also serving as home heating systems. With this dual-purpose innovation, Canaan aims to revolutionize the way …
Mustafa Mulla·8 Jan 20251 min
Ethereum Foundation Sells Another 100 ETH Worth $336K
The Ethereum Foundation has sold 100 ETH worth $336,000, adding to a pattern observed over the past year. Data from Lookonchain reveals that the foundation has offloaded a total of 4,566 ETH, valued at $12.96 million, across 33 trades. Interestingly, 16 of these sales were made at market peaks, highlighting their strategic timing. This latest …
Mustafa Mulla·8 Jan 20251 min
NewsSouth Korea to Allow Corporate Firms to Invest in Crypto: What’s Next?
South Korea is preparing for a big shift in its approach to cryptocurrency. The Financial Services Commission (FSC) has announced plans to let corporations invest in digital assets. This decision could create new opportunities for businesses and give the country’s crypto industry a significant boost. New Rules for Corporate Investments Right now, companies in South …
Mustafa Mulla·8 Jan 20252 min
Kazakhstan Closed Down on Illegal Crypto Exchanges: 3,500 Platforms Blocked!
Kazakhstan has taken a strong stance against illegal cryptocurrency activity, shocking the world with its massive crackdown. Over 3,500 illegal crypto exchanges have been blocked, marking a major shift in the country’s approach to digital assets. This move came after years of growing concern over unregulated crypto platforms operating within the country. Kazakhstan Strict Action …
Mustafa Mulla·8 Jan 20252 min
NewsBhutan’s City to Add Bitcoin, Ethereum & Binance to Strategic Reserves
Bhutan’s newly established Gelephu Mindfulness City (GMC) has announced plans to include digital assets like Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) as part of its strategic reserves. This makes GMC one of the first Special Administrative Regions (SARs) to officially incorporate digital currencies into its economic framework. Grabbing the ‘Digital’ Opportunity Located in …
Mustafa Mulla·8 Jan 20252 min
Bitcoin and Ethereum Prices Crash Post “Disappointing” U.S. Economic Data
The crypto market is under pressure as Bitcoin (BTC), the leading cryptocurrency, struggles to sustain its recent gains. Over the past 24 hours, Bitcoin has dropped nearly 7%, wiping out its three-week high. Ethereum (ETH) has also taken a hit, with its price falling by almost 10%. Binance Reports Sharp Bitcoin Sell-Off Binance, the world’s …
Mustafa Mulla·8 Jan 20252 min
Why Is Bitcoin (BTC) Price Dropping Today?
The cryptocurrency market faced a sharp sell-off on January 7, losing $250 billion in value within 24 hours. Bitcoin (BTC), the leading cryptocurrency, dropped to $96,000 from $102,000, marking a significant fall. Was it the latest economic data, market sentiment, or something else? In this article, we’ll break down the key reasons behind Bitcoin’s price …
Mustafa Mulla·8 Jan 20253 min
MicroStrategy’s Bitcoin Bet Pays Off Big: $14 Billion in 2024!
In a recent tweet post, Michael Saylor, the chairperson of MicroStrategy, shared the company’s impressive Bitcoin gains in 2024. MicroStrategy acquired 258,320 BTC for $22.07 billion at an average price of $85,450 per Bitcoin. Starting the year with 189,150 BTC, the company gained an additional 140,630 BTC — that’s 385 BTC daily! With Bitcoin potentially …
Mustafa Mulla·7 Jan 20251 min