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.
NewsRussia Bans Crypto Mining in 10 Regions Until 2031: Key Details Revealed
Russia is making a bold move to regulate cryptocurrency mining by imposing a ban in 10 regions until 2031. Starting in January 2025, the restrictions aim to control energy consumption while ensuring industries get the power they need. But this isn’t just a blanket ban—temporary mining restrictions will also apply during peak energy demand periods. …
Mustafa Mulla·24 Dec 20242 min
Philippines SEC Proposes New Crypto Rules, but Will the People Agree?
The Philippine Securities and Exchange Commission (SEC) has released a draft of its “Crypto-Assets Service Providers (CASP) Rules.” These proposed rules aim to regulate the fast-growing cryptocurrency market in the country, focusing on safety, transparency, and accountability. The SEC is inviting public feedback to finalize the framework. What the CASP Rules Cover The draft defines …
Mustafa Mulla·24 Dec 20242 min
Ripple CLO Calls for End to 4-Year SEC Battle: XRP To Soar to $3!
The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) which began in December 2020 with the arrival of Joe Biden as US president has now continued for 4 long years. Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, is calling for its end and urging the incoming Donald Trump administration to …
Mustafa Mulla·23 Dec 20242 min
MicroStrategy Boosts Bitcoin Reserves with $561 Million Purchase
MicroStrategy, the largest corporate holder of Bitcoin, has once again increased its reserves. The company recently acquired 5,262 BTC for $561 million, paying an average of $106,662 per Bitcoin. This move highlights MicroStrategy’s continued confidence in Bitcoin as a long-term investment. With this latest purchase, MicroStrategy’s total Bitcoin holdings have reached 444,262 BTC. These were …
Mustafa Mulla·23 Dec 20243 min
$300,000 Bitcoin? Analyst Sees Explosive Growth in 2025
As we approach 2025, the big question on everyone’s mind is: Where will Bitcoin go next? With the market showing signs of massive potential, many wonder if the cryptocurrency could skyrocket to new heights. Renowned analyst Michaël van de Poppe is one of the most outspoken voices, predicting that Bitcoin could soar to $250,000 in …
Mustafa Mulla·23 Dec 20243 min
Will Biden Pardon FTX’s Sam Bankman-Fried? Elon Musk Comments
Sam Bankman-Fried (SBF), the former CEO of the now-defunct crypto exchange FTX, is at the center of growing speculation about whether he could receive a presidential pardon. With SBF facing a long prison sentence for his role in the collapse of FTX, rumors began to swirl after billionaire Elon Musk stated that he would be …
Mustafa Mulla·23 Dec 20242 min
Why Verge (XVG) Price Is Up Today? Exploring the 50% Rally
While the overall crypto market struggles with falling prices, Verge’s native token, XVG, has captured attention with an impressive 50% surge in the past 24 hours, now priced at $0.014. This sudden rise is a sign of something bigger at play, as privacy-focused cryptocurrencies gain traction. Keep reading to uncover how Verge is grabbing the …
Mustafa Mulla·23 Dec 20242 min
UAE Holding $40 Billion Worth Bitcoin? Truth or Rumor?
Recent chatter in the crypto world has revolved around a bold claim that the United Arab Emirates (UAE) recently witnessed its Bitcoin holdings reach an impressive $40 billion. Perhaps prominent crypto commentator Bitcoin Archive raises questions over this news citing the lack of evidence supporting this bold news. Did the UAE’s Bitcoin holdings truly surge …
Mustafa Mulla·22 Dec 20242 min
U.S. Blacklists China’s Sophgo Amid Huawei AI Chip Scandal
The U.S. government has taken a bold step against Chinese chipmaker Sophgo, now under investigation for its role in a major Huawei AI processor scandal. This action is part of a larger push by the Biden administration to crack down on companies aiding Huawei in bypassing U.S. restrictions. Tensions are heating up between the U.S. …
Mustafa Mulla·21 Dec 20242 min