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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

Stellar Collaborates With MoneyGram to Offer USDC Transfer Platform

Terra’s demise has raised fears that other stablecoins may lose their peg. Stellar blockchain digital wallet users will be able to convert their assets into USDC. MoneyGram and the Stellar Development Foundation have teamed together to promote the use of digital currencies more broadly. Users will be able to transfer

May 31, 2022 1 min read

Tron Secures Third Position as Total Value Locked (TVL) Surges in DeFi

JustLend’s TVL jumped from $1.79 billion to $2.86 billion. USDD is controlled by smart contract algorithms, unlike Tether’s USDT. DeFi’s third-largest blockchain is Tron, a Justin Sun-led blockchain that debuted in 2018. (TVL). In the last month, the total value locked (TVL) in Tron’s nine applications has increased by 44

May 31, 2022 1 min read
Russia’s Banking Giant ‘Sber’ to Execute First Digital Currency Deal Next Month

Bank of Russia Speeds Up Ruble’s Digital Counterpart Launch

Russian central bank had initially planned to begin the digital ruble pilot. Digital ruble wallets were established using mobile applications. Moscow has been persuaded by sanctions imposed over its invasion of Ukraine to speed up the construction of the ruble’s digital counterpart, Forbes reported in Russian, citing CBR First Deputy

May 30, 2022 2 mins read

Genius Assets, the New Way to Invest for Maximum Returns

Investments have been a subject that’s troubled people for a long time. A small mistake, and you could end up losing your hard-earned assets. But, Genius Assets plans to change that by diversifying your portfolio and investing in a bunch of sectors. Also, it intends to bridge the gap between

May 30, 2022 4 mins read
Crypto News Flash - Exploring The Innovative Utilities of Shiba Inu, Chainlink, and Persystic Token

Top 3 Altcoins To Consider For June 2022: NCT, ALGO and HBAR

Algorand is up 10.36% in the last 24 hours. Algorand was created to expedite transactions and boost efficiency. Let us look at the top 3 altcoins to consider for June 2022. PolySwarm (NCT) Detection, analysis, and response to the most recent threats, which are more likely to go undiscovered by

May 30, 2022 1 min read
Binance Announces Monero (XMR) Delisting, Triggering a 38% Price Drop

Monero (XMR) Faces Brutal Bear Pressure Breaking Key Support levels

A breakout over $155.8 suggested a short-term bullish bias. The positive bias was reversed when the price closed below $181.6. One of the main cryptocurrencies has performed pretty well on the price charts after the May 12 decline. When Monero fell below $133 in market value, it had a 70

May 29, 2022 2 mins read
Solana (SOL) Price Briefly Rebounds After Steep Fall Amid Outage

Solana (SOL) Price Suffers Constant Setbacks Amid Sluggish Market Conditions

There will be an invalidation of the downtrend scenario if $49.50 is breached. The current price of Solana is $42.65 as per data from CMC. Solana pricing is experiencing stunning price activity amongst intraday traders. This week, the bears were successful in bringing the price down to even $40. The

May 29, 2022 2 mins read
Polkadot Slips to 11th Position By Market Value as Dogecoin Takes Over

Polkadot Slips to 11th Position By Market Value as Dogecoin Takes Over

The rally, eventually, lasted just a few hours. The price of Dogecoin has increased by 4.27 percent during the past day. Tesla CEO Elon Musk said on Twitter on Friday that his space exploration business SpaceX would soon accept Dogecoin as payment. As a result, Dogecoin’s value increased. DOGE rocketed

May 28, 2022 1 min read

Top 5 Massive Potential DeFi Cryptos to Look Out For in June 2022

The underrated coins listed are VET, LIBERO, SHIB, XEC, and HOT. Each coin possesses a unique attribute that stands out to bring focus. Let us look at the top 5 DeFi-based cryptocurrency that has huge potential to shine in the upcoming months. VeChain (VET) VET is a Proof-of-Authority (PoA) token,

May 27, 2022 4 mins read