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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

CFTC Commissioner Summer Mersinger Advocates for Clear Crypto Regulations

IMF Releases Guidelines for Boosting CBDC Adoption with REDI Framework

Policymakers and financial institutions may find guidance on how to boost the use of central bank digital currencies (CBDCs) in a new guide issued by the International Monetary Fund (IMF). September 21 saw the release of a report titled “Central Bank Digital Currency Adoption Inclusive Strategies for Intermediaries and Users”

September 22, 2024 2 mins read
Can Solana Bulls Defend This Support and Propel Above $160?

Travala.com Integrates Solana Offering SOL Rewards for Travel Bookings

Crypto-native travel platform Travala.com, has said that it has extensively integrated the Solana network across the platform and will provide SOL travel rewards to users of its loyalty program. Following an AVA community vote, the integration will also see the deployment of AVA—the token used to access the travel reward program on Travala.com

September 21, 2024 3 mins read
US Spot Bitcoin ETFs Record $52.83 Million in Net Withdrawals

US Spot Bitcoin ETFs Record $52.83 Million in Net Withdrawals

On Wednesday, spot bitcoin exchange-traded funds in the United States recorded net withdrawals of $52.83 million, capping four days in a row of net inflows totaling more than half a billion dollars. SoSoValue data indicates that Ark Invest and 21Shares’ ARKB suffered the most withdrawals yesterday, at $43.41 million. Bitwise’s

September 19, 2024 1 min read
Solana Tests Critical Resistance as Futures Open Interest Hits All-Time High

Xandeum to Unveil Solana Scaling Solution and XAND Token at Breakpoint 2024

The blockchain storage layer Xandeum has announced that on September 20, 2024, it would make public its plan for growing Solana storage at Breakpoint 2024. Xandeum will also formally announce the launch of the XAND token and provide information about its new storage-enabled liquid staking program at the prestigious Solana conference

September 19, 2024 3 mins read
MANTRA Set to Launch Mainnet in October 2024 to Boost Tokenized Real-World Assets

MANTRA Set to Launch Mainnet in October 2024 to Boost Tokenized Real-World Assets

The much-anticipated Mainnet launch of a purpose-built layer 1 blockchain for tokenized real-world assets (RWAs) MANTRA, has been revealed. It is scheduled for October 2024. This major event gives MANTRA’s native token, $OM, a new home and represents a major step toward integrating conventional finance onchain. With the broad and customizable suite

September 18, 2024 2 mins read
Chromia Unveils $20M Data and AI Ecosystem Fund and 'Asgard' Mainnet Upgrade

Chromia Unveils $20M Data and AI Ecosystem Fund and ‘Asgard’ Mainnet Upgrade

Chromia, a Layer-1 relational blockchain, has unveiled a series of initiatives to grow its ecosystem in 2024 and 2025. The ‘Asgard’ Mainnet Upgrade and the launch of a $20 million Data and AI Ecosystem Fund are among the announcements presented at TOKEN2049 Singapore. The fund’s objectives are to assist AI-enabled apps and data-intensive

September 18, 2024 2 mins read
CARV Unveils $50M Accelerator to Boost Decentralized Data Innovation

CARV Unveils $50M Accelerator to Boost Decentralized Data Innovation

CARV is introducing a $50 million accelerator program to support initiatives that have the potential to propel the widespread adoption of its eponymous data protocol.. The modular data layer for gaming and artificial intelligence, which has the support of leading blockchain venture capital firms like Consensys and HashKey Capital, has pledged

September 12, 2024 3 mins read
Morgan Stanley Discloses Around $190M Investment in Spot Bitcoin ETFs

Morgan Stanley Discloses Around $190M Investment in Spot Bitcoin ETFs

According to Morgan Stanley’s 13F filing with the US SEC, the global investment and financial services giant disclosed a sizable holding in BlackRock’s spot Bitcoin exchange-traded fund on Wednesday. In the iShares Bitcoin Trust (ticker: IBIT), Morgan Stanley revealed holding over 5.5 million shares, or $187.79 million, as of June

August 15, 2024 2 mins read
Bitcoin Payment App Strike Expands to UK, Boosting BTC Adoption

Bitcoin Payment App Strike Expands to UK, Boosting BTC Adoption

Strike, the Bitcoin payment app led by Jack Mallers, has taken a giant stride forward with its introduction in the United Kingdom. Aiming to increase Bitcoin’s accessibility and popularity in one of the world’s biggest economies, this expansion is a smart step. The launch of Strike in the United Kingdom

June 25, 2024 2 mins read
Billionaire Investor Mark Cuban's Crypto Wallet Seen Dumping NFTs

Billionaire Investor Mark Cuban’s Crypto Wallet Seen Dumping NFTs

After almost two years of inactivity, billionaire Mark Cuban’s cryptocurrency wallet was found selling non-fungible tokens (NFTs). Cuban’s “markcuban.eth” Ethereum Name Service (ENS) wallet started selling NFTs on June 23. From Pudgy Penguins and Wrapped MoonCats to DeepBlack NFTs and EulerBeats Genesis, the works covered a wide spectrum. The last

June 25, 2024 1 min read