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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

Grayscale's Legal Win Boosts GBTC Shares by a Whopping 17%

Grayscale Might Sue SEC if Bitcoin ETF Rejected as per CEO Michael Sonnenshein

SEC has postponed its announcement until today. The SEC has only authorized Bitcoin exchange-traded fund (ETF) applications. In order to have its Bitcoin ETF proposal approved, Grayscale is prepared to sue the SEC. According to Michael Sonnenshein, CEO of Grayscale, in an interview with Bloomberg, he was open to any

March 29, 2022 1 min read

Vietnam Authorities Plans to Establish Legal Framework For Cryptocurrencies

The Ministry of Finance formed a crypto asset research group. Approximately 5.9 million Vietnamese citizens possess cryptocurrencies. At the request of the country’s deputy prime minister, Le Minh Khai, many government agencies have been tasked with establishing a legal framework for cryptocurrencies. Finance, Justice, along with Information and Communications, are

March 29, 2022 1 min read
Cryptocurrency Sales After 1 Year of Possession Declared Tax-free in Germany

Rio De Janeiro to Accept Tax Payment in Crypto From 2023

NFT-based governance rules will be implemented throughout various sectors. Binance CEO Changpeng Zhao has announced plans to create a new regional office. Taxes on urban real estate inside the municipal borders of Rio de Janeiro, Brazil, will now be accepted in Bitcoin (BTC). Chicao Bulhoes, the secretary of economic development,

March 27, 2022 1 min read
Cryptocurrency Price is Driven by Supply and Demand

Dollar-Cost Averaging Into Bitcoin Going To Be Powerful Long Term Under $50K

DCA will smooth out the highs and lows of one’s portfolio. Profiting from the crypto market declines without risking too much money. An argument may be made for and against using a DCA approach; however, the advantages often exceed the disadvantages. For example, the dollar-cost averaging strategy may be used

March 26, 2022 2 mins read
$500M Funding Secured by Binance For Investment in Blockchain and Web3 Sector

Binance CEO Changpeng Zhao Had a Busy Schedule Travelling the World

Changpeng Zhao, was a guest of honor at Dubai’s Museum of the Future last month. Zhao was recently profiled in a prestigious Argentine publication. It was a “fantastic” meeting between Binance CEO Changpeng Zhao and El Salvador President Nayib Bukele. To discuss Central American crypto adoption, Zhao, known as “CZ”

March 26, 2022 2 mins read
$100M Sustainable Ecosystem Fund Launched by IoTeX Foundation

$100M Sustainable Ecosystem Fund Launched by IoTeX Foundation

By the end of 2021, the IoTeX network had over 29 million transactions. The IoTeX community has amassed more than 500,000 wallets and 200,000 active users. It has been announced that the IoTeX foundation has launched the $100 million Sustainable Ecosystem Fund. The IoTeX network and the Web3 machine economy

March 25, 2022 1 min read
Russia Demands Gas Supply Payment in Rubles From 'Unfriendly Countries'

Russia Demands Gas Supply Payment in Rubles From ‘Unfriendly Countries’

Exporters mandated to convert 80% of their foreign currency earnings into rubles. The EU has announced efforts to lessen its dependency on Russian energy. Russian President Vladimir Putin announced Wednesday that Russia would only accept ruble payments for gas supply to “unfriendly countries,” including all EU members, after Moscow’s dramatic

March 25, 2022 2 mins read

APENFT Marketplace Makes NFT Drops in the TRON Ecosystem Accessible

Singapore, Singapore / Mar 21, 2022 / — APENFT Marketplace aims to lower the entry barrier for users through a new NFT market and build new forces in the TRON community by issuing exclusive Genesis NFT badges live on March 31.  As an essential art foundation in the TRON ecosystem,

March 25, 2022 2 mins read

Things You Can and Can’t Do With Your Novatar NFTS

Ways to utilize Novatar NFTs Many are already interested in buying the NFT-avatars by “the Novatar” – those who did not manage to purchase one on Wishlist Sales will be able to do so during the main sales soon. At the same time, not all owners of such assets understand

March 24, 2022 3 mins read
Optimism Introduces Balancer Protocol Along With Beethoven X For Enhancing of L2 Network

Bitcoin (BTC) and Cronos (CRO) Price Rides Bullish Momentum

The 2022 FIFA World Cup will have Crypto.com (CRO-USD) as an official sponsor. A major bullish trend line is forming with support of around $42,300. After a downward correction, Bitcoin price found support at the $42,000 level. The price of Bitcoin built a base and began a new rise over

March 24, 2022 2 mins read