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Mohamed Faisal

A trader himself, Rossi has 7 years of experience trading in the forex market and the passion for writing has brought him to Newscrypto. He is the perfect combination of market knowledge and writing skills, making him one of the most sought-after writers on cryptocurrency.

Posts by Mohamed Faisal

Fantom (FTM) Prices Breaks Key Support Level in Lockstep With Market Trend

Fantom (FTM) Prices Maintains Bullish Momentum, Hits New ATH!

Fantom has surpassed the likes of Polygon and Avalanche in DEX transactions. The total value locked (TVL) on the Fantom blockchain exceeded $7.75 billion. Ethereum-Layer 1 rival Fantom (FTM) has lately been in the headlines. The price of Fantom (FTM) surged to a new all-time high of $3.40 over the

January 17, 2022 2 mins read
Ethereum Network Suffers Weeks of Negative Supply Issuance

Ethereum Network Suffers Weeks of Negative Supply Issuance

USDC stablecoin surpasses rival Tether (USDT) for the first time. The entire supply of USDC on Ethereum is now 39.92 billion. Because of the continually high transaction fees caused by soaring markets, the Ethereum network has suffered consecutive weeks of negative supply issuance. A tiny amount of Ether (ETH) has

January 16, 2022 1 min read
Ethereum (ETH) Price Breaks Key Support as Bears Continue to Dominate

Vitalik Buterin Holds Twitter Poll Asking Followers ETH Alternative in 2035

Many people found Buterin’s polls amusing and have commented. Cardano (ADA) came out on top in the first poll. The co-founder of Ethereum, Vitalik Buterin, set up a Twitter poll for the Ethereum community Thursday. Buterin asked his followers to choose between BTC, USD, SOL, and ADA as their preferred

January 16, 2022 1 min read
Shiba Inu (SHIB) Burnt in the Last 24 Hours Mounts to Whopping 1.5 Billion

Shiba Inu (SHIB) Price Surges 30% But Loses Top Spot to FTX Token

FTT had an approximately $200 million advantage over Shiba Inu. There was no response from Robinhood in response to the tweet. The meme currency Shiba Inu (SHIB) price has surged 30% since January 10 and is now hovering at a critical level. If the recent high of $0.000033 is breached,

January 15, 2022 2 mins read
Jack Dorsey Backs Bitcoin-powered Universal Basic Income (UBI) Strategy

Jack Dorsey Led Fintech Firm Block to Build Bitcoin Mining System

There was no mention of a release date for Block’s system. Jack Dorsey, announced his retirement in November as CEO of Twitter. Co-founder and former CEO of Twitter, Jack Dorsey, announced his retirement in November to focus more on his digital payments company as it grows into the crypto space.

January 15, 2022 1 min read
Dogecoin To Be Accepted at Tesla's New Futuristic Diner, Drive-in Theater

Tesla Accepts Dogecoin (DOGE) for Merchandise, DOGE Price Surges 18%

A QR code is provided after clicking the “Pay Now” button. The poll had gathered more than 500,000 votes. The Tesla shop began accepting Dogecoin (DOGE) payments in Asian hours today, and prices rose by 18% soon afterwards. Dogecoin is now being accepted and denominated on Tesla’s online store. Items

January 14, 2022 2 mins read
Q4 2021 Report Reveals Cash App Brought in $1.96 Billion in Bitcoin Revenue

Jack Dorsey Led Block Inc Announces Building Open Bitcoin Mining

In order to verify transactions, Bitcoin uses a proof-of-work (PoW) architecture. Block is building a hardware and software team of engineers and designers. As the newly renamed company tries to grow outside its payment industry and into new technologies like blockchain, Block Inc CEO Jack Dorsey said in a tweet

January 14, 2022 1 min read
Whale Alert: 15 Million FTM Tokens Purchased in Last 24 Hours

Fantom (FTM) Price Surges 17% In the Last 24 Hours!

Ethereum “whale” acquired $1.1 million worth of FTM recently. Analysts expect the FTM coin will end 2022 with a value of $3.24. Thanks to a slew of positive events, the Fantom cryptocurrency is on a rampage. Decentralized finance (DeFi) is a hot topic right now, and the FTM coin is

January 12, 2022 2 mins read
South Korean Presidential Candidate Promises Support for Crypto Tax Exemption

Bitcoin Miners Accumulate Over 5000 BTC Per Day

Bitcoin mining has increased at its quickest pace since May 2021. The total number of Bitcoin reserves was 1.859 million on Monday. Bitcoin prices have shown signs of revival in the past two days after a terrible start to 2022. That’s because of the massive buildup of miners over the

January 12, 2022 1 min read
NBA Star Klay Thompson Agrees to Receive Part of Salary in Bitcoin (BTC)

NBA Star Klay Thompson Agrees to Receive Part of Salary in Bitcoin (BTC)

Thompson returned against the Cleveland Cavaliers. Carolina Panthers star Russel Okung had also agreed similarly. Klay Thompson and Andre Iguodala have declared that they will take part of their salaries in Bitcoin when it comes to their paychecks. They’re partnering with Cash App, which recently recruited Aaron Rodgers and OBJ

January 11, 2022 1 min read