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.
Top Reason Behind MicroStrategy’s Bitcoin Success Revealed By Michael Saylor
Michael Saylor, a prominent Bitcoin advocate and founder of MicroStrategy, recently revealed the company’s core principles for Bitcoin investment. In a tweet, Saylor shared the vision behind MicroStrategy’s exclusive commitment to Bitcoin, outlining nine principles that guide the company’s strategy to maximize value and promote Bitcoin’s role as a global reserve asset. MicroStrategy’s Core Strategy …
Mustafa Mulla·3 Nov 20242 min
UBS Launches Ethereum-Based Tokenized Fund “uMINT”
UBS, the world’s largest private bank, has taken a major step into digital finance by launching the UBS USD Money Market Investment Fund Token, or “uMINT.” Built on the Ethereum blockchain, this new tokenized fund combines traditional banking with digital asset innovation, marking an important move for UBS in the financial industry. Could this be …
Mustafa Mulla·2 Nov 20242 min
Bitcoin ETF Inflow Hits Record High, But Why Is BlackRock ETF Struggling?
In October, Bitcoin saw a remarkable 14% rise, driven by optimism around Donald Trump’s potential return to office as a pro-crypto leader. However, this excitement took a hit on November 1, as Bitcoin spot ETFs experienced unexpected outflows totaling $54.9 million, breaking a streak of steady inflows. Notably, BlackRock’s popular iShares Bitcoin Trust ETF (IBIT) …
Mustafa Mulla·2 Nov 20242 min
How Will the U.S. Election 2024 Results Impact the Crypto Market?
As the 2024 U.S. presidential election draws near, the crypto market is on edge, with Bitcoin and other major coins experiencing volatility. Meanwhile, prediction markets show a close race between Vice President Kamala Harris and former President Donald Trump, and many crypto analysts expect the election’s outcome to have a direct impact on digital asset …
Mustafa Mulla·2 Nov 20242 min
FTX News Update: U.S. Government Seeks Recovery of $13.25M Political Donations
The U.S. government is now working to recover $13.25 million in political donations made by former FTX executives Sam Bankman-Fried and Nishad Singh. These donations, mostly directed toward major Democrat-aligned PACs (Political Action Committees), are under close examination as authorities trace funds linked to FTX’s collapse. As the investigation intensifies, questions arise about the source …
Mustafa Mulla·2 Nov 20242 min
M2 Exchange Hacked for $13 Million—Are Users Fund Safe?
Crypto space isn’t spared of crypto hacks which have resulted in a loss of $33.63 billion until now. Recently, just as the industry was healing from one of its largest hacks, another exchange fell victim to hackers. M2, a well-known cryptocurrency exchange, has been hacked, resulting in a loss of approximately $13 million from its …
Mustafa Mulla·1 Nov 20242 min
Ethereum (ETH) Price To Crash As Veteran Trader Set Downside Target of $1,551
Ethereum’s price has been struggling to gain upward momentum for months, as it experienced a dip to around $ 2,500. Meanwhile, Veteran crypto trader Peter Brandt now warns of an even steeper decline, predicting a potential drop to $1,550 amid continued weak buying interest. This prediction is based on Ethereum’s 4-hour chart, which hints at …
Mustafa Mulla·1 Nov 20242 min
Bitcoin Price Crash to $69,000: Could Trump’s Election Dip Cause More Losses?
October has been a bullish month for Bitcoin, with its price jumping 13% from $58K to reach $73K. But today, Bitcoin took a sudden 4% dive, now sitting around $69,000. This drop comes just as election odds for crypto supporter Donald Trump slip against Vice President Kamala Harris on the Polymarket. Could this election shift …
Mustafa Mulla·1 Nov 20242 min
Mt. Gox Transfers 500 BTC, Raising Hopes for Creditor Repayment: Bitcoin Sell-Off Coming?
The once-notorious crypto exchange Mt. Gox transferred 500 Bitcoin (BTC) (worth about $35.04m) to two unmarked addresses. This unexpected action has sparked intense speculation: is this the first step in repaying creditors, or are we on the brink of a major sell-off? As Bitcoin experienced a 4% drop in its price, speculation rose about the …
Mustafa Mulla·1 Nov 20242 min