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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

Bitcoin Stabilizes Above $45,500 Amidst SEC's Twitter Hack Chaos

Bitcoin Stabilizes Above $45,500 Amidst SEC’s Twitter Hack Chaos

The crypto community is eagerly waiting for the SEC to announce its verdict on the spot Bitcoin ETF. Today, January 10, is the last day for the SEC to decide whether to accept or reject the ARK 21Shares Bitcoin ETF (ARKB). According to industry experts, the 11 spot Bitcoin ETFs’

January 10, 2024 2 mins read
Solana-based DePIN Protocol io.net Announces Rewards Program Ahead of Token Launch

Solana Breaks Above $100 Mark as Bull Make a Strong Comeback

With the final applications for Bitcoin ETFs submitted to the United States SEC on Monday, January 8, the crypto market as a whole and Bitcoin in particular saw a significant rally. Moreover, altcoins like Solana (SOL) have seen a significant recovery. Strong selling pressure has been plaguing SOL since the

January 9, 2024 2 mins read
U.S SEC Delays Grayscale's Ethereum Trust ETF Application

Ethereum (ETH) Resumes Bullish Momentum, Surges Past $2300

The price of Ethereum (ETH) has turned green, despite failing to maintain the momentum during the New Year. Bulls are extending the range formation and building up more trend impetus thanks to the robust purchasing action near the $2200 support zone. Breakout opportunities are enhanced by the surge in purchasing

January 9, 2024 2 mins read
Upbit Singapore Secures Major Payment Institution License by MAS

Upbit Singapore Secures Major Payment Institution License by MAS

Upbit Singapore has announced that it has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), marking a major step towards solidifying its position in the regulated digital asset exchange. Moreover, Upbit Singapore is now well-positioned to play a key role in the growing digital

January 8, 2024 2 mins read
Uniswap Labs Replies to SEC's Wells Notice, Argues Lack of Regulatory Authority

SEC Issues FOMO Warning Ahead of Potential Bitcoin ETF Approvals

The SEC has once again issued a warning on the fear of missing out (FOMO) while investing in cryptocurrency, and this comes days before the expected approval of spot Bitcoin ETFs. Digital assets, such as meme stocks, cryptocurrencies, and NFTs, pose dangers to ordinary investors, according to a Jan. 6

January 8, 2024 2 mins read
Study Reveals Crypto Users Globally Crossed 500 Million in 2023

Satoshi Nakamoto’s Wallet Receives 27 Bitcoins Worth Over $1M

Only days after the cryptocurrency world commemorated the 15th anniversary of Satoshi Nakamoto mining the Bitcoin genesis block, the anonymous creator of the cryptocurrency, who goes by the nickname “Satoshi,” seems to be back. The wallet address which belongs to Satoshi Nakamoto, has recently received a 27 Bitcoin transfer. On

January 6, 2024 1 min read
Digital Currency Group Clears $700 Million Debt with Genesis

Digital Currency Group Clears $700 Million Debt with Genesis

The short-term loans that Digital Currency Group (DCG) had with the now-defunct Genesis crypto lending platform have all been paid off, according to the venture capital company. On January 6th, DCG verified in a statement posted on X (formerly Twitter) that it had paid all of its debts, including almost

January 6, 2024 1 min read
BTC Continues to Fall Post ETF Approval. More Decline Expected?

Bitcoin Price Briefly Recovers After Recent Flash Selloff

Q4 2023 saw record highs across the board for digital asset markets as institutional investors amplified their bullish positions in preparation for the anticipated approval of a spot Bitcoin ETF in the U.S.  Increased optimistic mood prompted by several reasons contributing to good on-chain metrics is detailed in a new

January 4, 2024 2 mins read
Spot Bitcoin ETF Applicants File Final Amended Form S-1

Grayscale Considers JPMorgan and Goldman Sachs for Bitcoin ETF Role

In regards to a possible involvement in its planned spot Bitcoin ETF, crypto asset manager Grayscale Investments is allegedly in discussions with companies like JPMorgan and Goldman Sachs. Sources close to the situation told Bloomberg on January 4 that Grayscale had discussions with both investment banks about the role. It

January 4, 2024 2 mins read
Solana Faces Significant Selling Pressure as Market Turns Bearish

Solana Faces Significant Selling Pressure as Market Turns Bearish

A prominent Ethereum network block explorer, API, and analytics platform, Etherscan, has announced a strategic acquisition of Solscan, the well-known Solana block explorer. According to the announcement, Bscscan, an explorer for the BNB Smart Chain, and the Solscan ecosystem are now officially a part of Etherscan’s portfolio. The acquisition by

January 3, 2024 2 mins read
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