Sat, December 20
Profile picture of Mohamed Faisal

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

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
In Order To Obtain Binance Documents Brad Garlinghouse’s Counsel File Request

In Order To Obtain Binance Documents Brad Garlinghouse’s Counsel File Request

Recent progress in the XRP proceedings in the case of defendant Bradley Garlinghouse, who submitted an application to the court, calling for papers from Binance Holdings Limited, crucial to the case and not available by other methods issued by the Cayman Islands authorities. Hague Convention Accordingly, the plea for receipt

August 3, 2021 2 mins read
Has the Alt Lost Its Way or Can XRP Traders Expect a Boost?

Has the Alt Lost Its Way or Can XRP Traders Expect a Boost?

In the last several days, a bull surge was the narrative of the larger market. The impact was not universal, however, with several altcoins indicating a delayed reaction. Although Bitcoin, Ethereum, and Cardano appear to have gone past or strengthened close to their immediate strength. Other assets still need an

August 2, 2021 2 mins read
BlockFi vs. Celsius Compared for the Best Interest Accounts on Bitcoin

BlockFi vs. Celsius Compared for the Best Interest Accounts on Bitcoin

The most frequent head-to-head confrontation is BlockFi vs. Celsius Network when comparing the best interest accounts on bitcoin. The blue chips of cryptocurrency interest accounts are BlockFi and Celsius. The Big Banks, maybe most known of the Bitcoin industry’s bogeymen, are both on the leading edge of decentralization. The following

August 2, 2021 3 mins read
Nigerian Crypto Exchange-the Actions of the CBN Increased Activity on the Black Market

Nigerian Crypto Exchange-the Actions of the CBN Increased Activity on the Black Market

There have been almost six months since the CBN directed banks to stop serving customers in the bitcoin sector. While the approach appears to have succeeded in removing crypto companies from the banking system, peer-to-peer commerce has increased. Some analysts suggest that Nigeria remains unrivaled as the largest African bitcoin

August 2, 2021 3 mins read
August's-Top Five DeFi Tokens

August’s-Top Five DeFi Tokens

These DeFi tokens are scheduled for the month of August. Such progress might also affect its Price. Algorand (ALGO) Current Price: $0.84 Market Cap: $2.651 Billion Market Cap Rank: #38 Algorand is a decentralized network aimed at accelerating the interchange of traditional and decentralized financial industries. Thus, this is achieved

August 1, 2021 4 mins read
‘MiamiCoin’ - To Be Launched by the City of Miami To Help Support City Funding

‘MiamiCoin’ – To Be Launched by the City of Miami To Help Support City Funding

Miami, Florida, has reported that in August, it would launch its cryptocurrency. The money will help to raise income and strengthen the local economy, according to municipal officials. Miami has launched a new service named ‘CityCoin’ for MiamiCoin. The concept aims to allow cities to create digital currencies to raise

August 1, 2021 2 mins read
Little Pepe