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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

DODO Launches DODOchain: Layer 3 Omni-Trading Blockchain for Cross-Chain Liquidity

UN Agency To Educate 22,000 Employees in Blockchain Technology

With the end objective of assisting nations in achieving “sustainable development” progress, a United Nations organization is planning to train its 22,000 employees in blockchain technology. An announcement made public on November 30th said that the Algorand Foundation and the United Nations Development Program (UNDP) would be launching a blockchain

December 1, 2023 1 min read
Ripple (XRP) Faces Bull-Bear Showdown in Bid for December Rally

XRP Price Continues to Trade in Red as Bears Continue Domination

In response to claims that Ripple’s monthly escrow XRP release dampened the cryptocurrency’s price performance over the last five years, legal expert Bill Morgan has cast doubt on that assertion.  The ongoing discussion about XRP’s dismal performance over the last five years came to a head when a crypto fan

November 30, 2023 2 mins read
Ethereum Continues to Trade in Red as Bears in Total Control

Ethereum Price Consolidates After Failing to Clear Above $2072

Cardano’s founder claims that while Ethereum’s co-founder works to rearrange one of its most prominent aspects, Cardano’s current structure seems to be being replicated via the Ethereum blockchain network. Hoskinson maintains the firm belief that Cardano’s status as an industry prototype has gone unrecognized. Charles Hoskinson recently made some bold

November 30, 2023 2 mins read
Solana Faces Significant Selling Pressure as Market Turns Bearish

Solana Breaks Above Key Resistance Level, Further Surge Likely?

Solana and most altcoins have been riding the current bullish momentum. Late Tuesday, Bitcoin’s price began to climb as Federal Reserve governor Chris Waller signaled a possible economic slowdown and continued inflation moderation, praising the “right spot” for present policies. Additionally, Waller said that there is a strong case for

November 29, 2023 2 mins read
Bitcoin Eyes Breaking Above $39,000 as Bulls Still in Control

Bitcoin Price Eyes $40k Level as Bulls Continue Strong Domination

Despite recouping a significant portion of the losses sustained during the catastrophic market collapse of 2022, Bitcoin’s price has seen significant volatility this year. Compared to its value on January 1, 2023, the current price of Bitcoin is over $38,200, a rise of 130%. Some market watchers think BTC’s rise

November 29, 2023 2 mins read
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 Highlights Failures in Anti-Money Laundering Policies

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
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