Wed, November 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

Cristiano Ronaldo Faces Lawsuit Over Binance Promotion

Cristiano Ronaldo Faces Lawsuit Over Binance Promotion

The world-renowned footballer Cristiano Ronaldo is embroiled in a class action lawsuit that claims he caused investor losses via promotion of the crypto exchange Binance. Ronaldo is accused of encouraging and taking part in the sale of unregistered securities on the Binance exchange in a complaint that was filed in

November 29, 2023 2 mins read
ARK Dumps $90M Worth of Coinbase Shares After Q4 Earnings

Cathie Wood Led Ark Invest Dumps $5.3M Worth Coinbase Shares

ARK Invest led by Cathie Wood is once again cashing in on its Coinbase shares as the stock price of the exchange increases. ARK’s transaction filing dated November 27th shows that the company sold 43,956 Coinbase shares from its ARK Fintech Innovation ETF. Based on statistics from MarketWatch, the transaction

November 28, 2023 1 min read
XRP Price Consolidates Near $0.47 Amidst Ongoing Legal Uncertainty

XRP Experiences Bearish Momentum Following a Brief Surge to $0.63

Whales engaged in two major transactions at once, sending XRP tokens to both centralized exchanges and anonymous wallets. In the wake of the rise in whale moves, the price of XRP also saw minor declines. Two huge transactions took place recently, according to the data revealed by Whale Alert. An

November 28, 2023 2 mins read
Coinbase CEO Plans Infrastructure Upgrade After Recent Outages

Coinbase Stock Surges Amidst Spot Bitcoin Hopes and Binance Event

Coinbase stock price has hit a new all-time high for the year, surpassing levels not seen since May of 2022. According to MarketWatch, Coinbase increased significantly, from $77 at the beginning of the month to $116.93. It has reached its highest price since the middle of 2022. Compared to 2021,

November 26, 2023 1 min read
Zipmex Thailand Announces Trading Suspension Amid Regulatory Woes

Zipmex Thailand Announces Trading Suspension Amid Regulatory Woes

Zipmex Thailand, has announced a complete shutdown of operations effective immediately. This quick action is in response to requirements imposed by the SEC of Thailand. The exchange informed its customers of the change via a Facebook post, stressing the need of maintaining compliance with applicable regulations. Notably, Zipmex Thailand has

November 26, 2023 2 mins read
Solana Price Witnesses Brief Surge Amid Recent Downturn

Solana Price Witnesses Brief Surge Amid Recent Downturn

Solana pricing has been on a dramatic increase in recent weeks. Despite the brief plunge, the price is still up 82% during the last 30 days. The bulls are back in action and the price has shown positive momentum.  On November 20th, the U.S. Securities and Exchange Commission sued Kraken,

November 24, 2023 2 mins read
U.S CFTC Warns Other Crypto Exchanges Post-Binance Settlement

U.S CFTC Warns Other Crypto Exchanges Post-Binance Settlement

The US Commodity Futures Trading Commission (CFTC) has issued a warning to various other cryptocurrency exchanges, two days after Binance’s $4.3 billion settlement with United States authorities was finalized. On Tuesday, former CEO Changpeng Zhao (CZ) pleaded guilty and resigned. Binance should pay penalties totaling $4.3 billion, with $50 million

November 24, 2023 2 mins read
Ripple (XRP) Turns Bearish After Recent Attempt to Break Resistance

XRP Price Briefly Rebounds After Prolonged Bear Domination

XRP’s latest price spike highlights the willingness of its believers to buck the severe bearish momentum. Even while XRP has maintained a link with Bitcoin, its recent price movement, based on its prior performance, implies it is poised for independent progress. In a daring move, leading crypto innovator DeFi Technologies

November 23, 2023 2 mins read
Strong U.S Job Market Growth Surpasses Analyst Expectations

Bitcoin Witnesses Brief Uptick as Overall Crypto Market Turns Green

Grayscale has filed a fresh prospectus for its ambitions to transform its Bitcoin Trust into a spot Bitcoin ETF after a meeting with the United States SEC. The prospective rebranding of GBTC’s ticker was disclosed in a fresh prospectus submitted on November 22. Grayscale’s updated filing contains revisions and adjustments

November 23, 2023 2 mins read
Solana Faces Brief Correction After Failing to Clear Above $80

Solana Faces Severe Selling Pressure as Bears Take Control

After losing gains following a prolonged bull run, Solana (SOL), currently seems susceptible to additional falls. Perhaps influenced by the prior overall market momentum and the fear of missing out (FOMO) impact, the price of SOL skyrocketed to about $0.68 in mid-November, a level last seen in the spring of

November 22, 2023 2 mins read