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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

During the past 24 hours, markets have been falling, headed by Polkadot (down 9%), Dogecoin (down 8%), Binance Coin (6%) and Cardano (down 4 percent). The entire market value for cryptography has fallen by about $90 billion from yesterday (4 percent). The remainder of the top 10 is also red, indicating that the market movement cannot be based on any specific development from a few coins or tokens. Instead, it is just a short-term market correction in financial terms. After a double-digit percentage gain from most of the significant cryptocurrencies last month. The markets seem considerably more optimistic than anytime else in August. For its 12 September implementation of smart contracts, Cardano has anticipated a price rise of 121% from 25 July. In the past month, Dogecoin bounced back over 50%. Promptly saying that the Dogecoin Foundation brought the band back together. With the assistance of Vitalik Buterin and Elon Musk's adviser Jared Birchall. Solana on the Rise In addition, Solana is developing success with its DeFi products, decentralized funding apps. Which eliminate the intermediaries for transactions, such as loans and asset exchanges. Over $2 billion in money is currently being circulated via Solana DeFi protocols. And this week the token of SOL has reached an all-time high of $80. But most market activity is linked to Bitcoin and Ethereum, the crypto-reserve currency. The former received $50,000 momentarily in three months. While long-term investors continue to sit down and limit supply this week. According to Glassnode, transaction counts and volumes have lately been slow. As for Ethereum, the increased demand for NFTs has been boosted - based on blockchain that reflects ownership of digital goods such as art, collectables and, uh, rocks. Yesterday was a golden day for non-fungible tokens, a month that had already been high selling. NFT marketplace OpenSea achieved a 24-hour record sales volume of $195 million. Which was $90 million on the previous day.

Dogecoin, Polkadot Fall 8% as Crypto Market Retracts by $90 Billion

During the past 24 hours, markets have been falling, headed by Polkadot (down 9%), Dogecoin (down 8%), Binance Coin (6%) and Cardano (down 4 percent). The entire market value for cryptography has fallen by about $90 billion from yesterday (4 percent). The remainder of the top 10 is also red,

August 26, 2021 2 mins read
Listed By Market Capitalization-Top 3 NFT Protocols

Listed By Market Capitalization-Top 3 NFT Protocols

NFTs swamp the digital art and collectable market quickly. The lives of digital artists, transformed into a new crypto audience by massive sales. And celebrities saw a new method to connect with their fans. Digital art, however, is just one NFT application. They may use it to demonstrate ownership of

August 25, 2021 2 mins read
Avalanche (AVAX) Price Surges 12% in Last 24 Hours, Crosses Key Resistance Level

Avalanche (AVAX) Rises Over 145% in a Week

Avalanche is a potential platform for smart contracts based on the first advance in decentralized systems since Satoshi Nakamoto published the Bitcoin Whitepaper in 2008. Compared to Bitcoin, Bitcoin Cash and other proof-of-work currencies vying in currency replacement. Avalanche may seem like a distinct species, but we do have certain

August 25, 2021 1 min read
Even in Crucial Moments, 37% of American Investors Would Not Sell Their Crypto

Even in Crucial Moments, 37% of American Investors Would Not Sell Their Crypto

A recent study shows that US cryptocurrency investors have allocated $1,707 of these assets on average. 37% of them acknowledged that they would not get this money even if they had to settle a required bill or an important payment. Elon Musk is probably the celebrity that affects most of

August 24, 2021 2 mins read
Top 3 Cryptocurrency Gainers of the Day

Top 3 Cryptocurrency Gainers of the Day

For those willing to dip their toes into the world of cryptocurrencies, the optimum moment to invest is crucial. Moreover, the crypto market is famously volatile, with a price variation of up to 30 percent in a day. Furthermore, the worldwide crypto market operates 24×7 with equal access without location

August 23, 2021 2 mins read
Consolidation of Ethereum Price Below 8 Month Trend, Is $4000 Insight?

Consolidation of Ethereum Price Below 8 Month Trend, Is $4000 Insight?

Ethereum, which has led the crypto market for the last month, still shows conviction as it retreats to prior peaks. The second market cap cryptocurrency has slowed down in the past day but still looks optimistic with more short-term increases. This fractal indicates that the cryptocurrency will go upwards for

August 23, 2021 2 mins read
Top 3 Trending Cryptocurrency of the Day

Top 3 Trending Cryptocurrency of the Day

Bitcoin has not only set the pattern for a cryptocurrency wave built on a decentralized peer-to-peer network, but it has also established itself as the de facto standard for cryptocurrencies, inspiring a growing number of followers and spinoffs. Moreover, Ether, Cardano, Ripple, and others have all become popular from the

August 22, 2021 2 mins read
Top 3 Performing Altcoins of the Day

Top 3 Performing Altcoins of the Day

With the expansion of decentralized finance (DeFi), the greatest cryptocurrencies belong to the top projects and businesses in the blockchain area with the increasing use of smart contracts. Furthermore, these DeFi tokens provide more than just speculative value; they have actual income in the DeFi business. Now let us see

August 21, 2021 2 mins read
Rising crypto star LUNA gets listed on Nexo

Top 5 Terra (LUNA) Altcoins Ready To Explode in 2021

Much of the buzz surrounding Terra and its accompanying initiatives is explained by looking at the growth of the LUNA Token. Terra has been one of the standouts in a year full of exciting crypto initiatives making waves. Accordingly, Terra has launched several new projects and tokens since its introduction

August 20, 2021 3 mins read
Top 3 Altcoins All Set To Explode in August 2021

Top 3 Altcoins All Set To Explode in August 2021

In 2021/2022, what is the greatest cryptocurrency to invest in? Set to burst the top altcoins? As the prices of Bitcoin & Ethereum go up, let us talk about the finest cryptos with huge potential!   Despite security problems, the market is very enthusiastic about Decentralized Finance (DeFi) coins, which have

August 19, 2021 2 mins read
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