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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

Analysts Warn of Potential Price Correction Amid Bitcoin OI Surge

Analysts Warn of Potential Price Correction Amid Bitcoin OI Surge

Some market analysts are worried that the market is becoming frothy due to the recent increase in open futures contracts for Bitcoin. Open interest (OI) in Bitcoin has skyrocketed, surpassing $35 billion, a mark that has traditionally been associated with local price peaks. One important indicator that investors use to

October 2, 2024 1 min read
Argentina's Milei Probes $LIBRA Crypto Amid Scam Allegations

Binance Expands Crypto Services to Argentina After Securing Full License

Crypto exchange Binance has expanded to Argentina with a successful registration. The announcement that the exchange had obtained a complete license in Kazakhstan to provide crypto services to Kazakh residents came recently before this latest development. The cryptocurrency exchange said on its blog that it is now able to provide

October 1, 2024 2 mins read
Velar Dharma Integrates with Xverse, Boosting Bitcoin L2 Swaps

Velar Dharma Integrates with Xverse, Boosting Bitcoin L2 Swaps

Velar Dharma, a Bitcoin layer 2 trading protocol, has announced an integration with Xverse, the leading non-custodial wallet for accessing Bitcoin’s layer 2 ecosystem. Consequently, Velar Dharma’s AMM-powered swaps may now be made by Xverse users from inside the wallet. With this integration, Velar Dharma is now the only provider offering Bitcoin

September 30, 2024 3 mins read
TrueCoin and TrustToken Settles with SEC for Misleading TUSD Backing

TrueCoin and TrustToken Settles with SEC for Misleading TUSD Backing

Improper stablecoin investment programs and unregistered selling of securities were among the allegations levied against TrueCoin and TrustToken by the US Securities and Exchange Commission (SEC). As stated in the agency’s news release, the SEC has settled the allegations against the businesses and ordered them to pay a combined penalty

September 30, 2024 2 mins read
CryptoQuant CEO Advocates for Smart Regulation to Ensure Web3 Growth

CryptoQuant CEO Advocates for Smart Regulation to Ensure Web3 Growth

One of the most important factors in the future of Web3 and cryptocurrency, according to CryptoQuant CEO Ki Young Ju, is regulation. Ju said in an X post from September 29 that crypto and Web3 could “thrive responsibly” if the appropriate regulations were in place to reduce the prevalence of

September 29, 2024 2 mins read
US Spot Bitcoin ETFs Record $1.1B Inflows in Best Week Since July

US Spot Bitcoin ETFs Record $1.1B Inflows in Best Week Since July

With inflows of almost $1.1 billion, the United States spot Bitcoin exchange-traded funds had their best week since July 15-19. According to Farside Investors, the best-performing day since June 4 was on September 27th, when $494.4 million was added. The spot Bitcoin ETFs raised $366 million on September 26th, the

September 29, 2024 1 min read
Is Ethereum (ETH) on the Brink of Falling Under $2.4K?

Ethereum Price Eyes Further Gains Amid Positive Market Momentum

The price of Ethereum (ETH) has risen by 15% in the last two weeks, thanks to positive momentum that followed post interest rate cut by the U.S Federal Reserve. A number of cryptocurrencies are making a comeback and trading in green as September comes close to an end, demonstrating that

September 26, 2024 2 mins read
Calyptus Unveils Points-Based Incentives System to Revolutionize Web3 Job Search

Calyptus Unveils Points-Based Incentives System to Revolutionize Web3 Job Search

Calyptus, the leading platform for Web3 job seekers, has introduced a new points-based system to make job searching more rewarding. It is intended to encourage job seekers, both technical and non-technical, to share unique information about themselves by filling out their profiles, completing assessments and references, and compiling useful data streams to

September 25, 2024 3 mins read
SSVDivers: Launch Your Web3 Career as an SSV Ambassador

SSVDivers: Launch Your Web3 Career as an SSV Ambassador

Do you want to make a lasting impression on the staking sector? Are you having trouble finding the tools, advice, and expertise you need to complete your projects? Your starting point for building and extending your presence is the SSVDivers program! Launch an AI-driven monitoring project, host your own official

September 25, 2024 5 mins read