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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

Five Recently Added Crypto Tokens

Five Recently Added Crypto Tokens

Many Crypto Tokens have been added recently, and here we would like to discuss and show the top 5 newly added crypto tokens: Sumswap, Bitcoin Asia, Cycan network, Tokemak, and Alpha kombat. Let us dive into more details on each of these. SumSwap SumSwap is a DeFi project which combines

August 10, 2021 3 mins read
Ethereum (ETH) Might Test $4100 Support Zone as Correction Move

Ethereum’s Rally Likely To Get Affected by This Development?

Only one day ago, the price of Ethereum was able to raise over $3k. In the last week, the value of the most significant alt in the market has increased by 21%. It was expressly worth $3142.86 at the press time. The recent increase in crypto prices has reinforced institutional

August 10, 2021 2 mins read
Bitcoin Is Rapidly Rising Towards $50,000: Crypto Price Boom of $300 Billion

Bitcoin Is Rapidly Rising Towards $50,000: Crypto Price Boom of $300 Billion

Prices for Bitcoin and cryptocurrencies rose this week. With Bitcoin approaching $50,000 per bitcoin for the first time since mid-May. After Ethereum experienced a close-knit improvement this week. Helping ethereum well out of bitcoin and elevated expectations of the so-called “flippening”, the crypto price rise – headed by 10 tokens

August 9, 2021 2 mins read
Tokenized Bitcoin on Ethereum Surpassed $11 Billion Notional

Tokenized Bitcoin on Ethereum Surpassed $11 Billion Notional

Bitcoin (BTC) has become a breakout star in Ethereum decentralized finance (DeFi) moment. The digital asset combines the advantages of both blockchains, bitcoin’s market value, and brand in conjunction with Ethereum’s programmability, into a very demanding token in the form of wrapped or tokenized bitcoin. It offers liquidity on Ethereum

August 8, 2021 2 mins read
Weather Data Integrated From the Google Cloud by Chainlink

Weather Data Integrated From the Google Cloud by Chainlink

Inattentive unfavorable weather occurrences contribute to economic losses in various sectors, and as we experience the changing climate, these events are becoming more frequent. Examples include decreased agricultural yields during drought, interrupted transport routes during snowstorms, canceled sporting events during heavy precipitation, and existential threats and infrastructure collapse resulting from

August 8, 2021 2 mins read
Truck Driver Regains 10 Million Doge Through Wallet recovery service

Truck Driver Regains 10 Million Doge Through Wallet Recovery Service

A retired truck driver had $3 million locked out of 10 million DOGE. Then a wallet recovery agency came and brought him back with a fortune. A wallet retrieval service claims it’s done the impossible – a six-year-old wallet with 10 million DOGE opened. The first step is to find

August 7, 2021 2 mins read
Digital Bolivar To Be Launched in October by Venezuela

Digital Bolivar To Be Launched in October by Venezuela

In October, Venezuela will give its federal money, the Bolívar, a facelift. In addition to the restructuring, the central bank plans to establish its digital central bank (CBDC) – the digital bolivar. A new Bolívar Coin, banknotes of 5 to 100 Bs, is being launched by the Latin American country

August 6, 2021 2 mins read
Sale of $1.2 billion worth of cryptocurrency-seized this fiscal year by IRS

Sale of $1.2 Billion Worth of Cryptocurrency-Seized This Fiscal Year by IRS

An IRS Director says the agency has confiscated $1.2 billion in cryptocurrencies this year. It was up from $137 million in crypto seizures last year. Further, Jarod Koopman, Director of IRS Cybercrime, talked with CNBC on Wednesday. For tax evasion, fraudulent returns, and money laundering, the division utilizes crypto-tracking and

August 5, 2021 2 mins read
USDT Use on Ethereum Decreases During Asia's Daytime Hours

USDT Use on Ethereum Decreases During Asia’s Daytime Hours

The daily usage of Tether stablecoin USDT decreased at the Ethereum blockchain changed from Asian business hours to European and US market time later in the day, perhaps owing to China’s crisis on crypto-monetary trading and the movement of USDT users to other blockchains, according to a recent study. Last

August 4, 2021 2 mins read
Should Traders, at Last, See Cardano via a Profit-Maximizing Lens?

Should Traders, at Last, See Cardano via a Profit-Maximizing Lens?

In the crypto-space, many believe that Cardano is one of the best cryptocurrencies on the market. Some people even call it the “Ethereum killer,” although nobody ever liked it with Bitcoin. Although the gap between BTC and ADA is enormous, profitability is another element of the analysis. And Cardano seems

August 3, 2021 3 mins read