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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

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
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
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