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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

Lawsuit Filed Alleging Yuga Labs of Promoting BAYC NFTs With Celebs

ApeCoin DAO Community Votes to Fund Bored Ape News Website

The plan, known as AIP-70, received a resounding approval. There have only been 52,400 total visitors to The Bored Ape Gazette. The ApeCoin DAO’s treasury has given a boost to a Bored Ape-focused news organization, despite the NFT market slowing down. Decentralized ApeCoin DAO, which utilizes ApeCoin as its governance

July 31, 2022 1 min read
Prominent Game Studio Immutable Lays Off 6% of its Personnel

Prominent Game Studio Immutable Lays Off 6% of its Personnel

A value of $2.5 billion was put out by Immutable after a $200 million round of funding. TikTok and GameStop have just developed an NFT marketplace using Immutable X. Due to the effects of the prolonged crypto winter, several crypto firms have laid off employees and the recent one is

July 29, 2022 2 mins read
Polygon Network Witnesses Rapid Growth as per Q2 Report

Polygon Network Witnesses Rapid Growth as per Q2 Report

The network’s average transaction cost decreased by 49% to $0.018 in Q2. Polygon is up 9.56% in the last 24 hours. as per CMC. PoS blockchain Polygon released its Q2 statistics in the most recent update. Through this current crypto market bear market, Polygon underlined its growth figures, stressing that

July 29, 2022 1 min read
Court Denies SEC’s Motion To Revoke Amici Status and Bar John Deaton

Court Denies SEC’s Motion To Revoke Amici Status and Bar John Deaton

Judge Torres had ordered the SEC to provide Hinman’s speech draft from 2018. According to the defendants, the Hinman speech is the subject of all three orders. After the SEC’s latest appeal, it seems that the legal war between Ripple and the SEC has entered a critical point. In response

July 27, 2022 2 mins read
SHIB

Two Prominent ETH Whales Bought 533.93 Billion Shiba Inu (SHIB)

The Whale bought 199.99B SHIB for $2,075,999 ($2.07M) in the initial transaction. Shiba Inu has the largest holding among the top 2000 ETH whales. “Gimli” and “BlueWhale0159,” the two significant ETH Whales, have amassed 533.99B SHIB in the last 24 hours, totaling $5,624,279 ($5.62M). For the 248th-biggest Ethereum hoarder known

July 27, 2022 2 mins read
Singapore-Based ‘Deepcoin’ Lists Baby Doge Coin (BabyDoge)

Singapore-Based ‘Deepcoin’ Lists Baby Doge Coin (BabyDoge)

The firm accepts a variety of fiat money deposit methods from throughout the globe. Baby Doge Coin is down 6.43% in the last 24 hours. Baby Doge Coin has been listed on Deepcoin, one of the prominent cryptocurrency asset exchanges in the world, with a BabyDoge/USDT pair. Currently, Deepcoin users

July 26, 2022 2 mins read
Coinbase

SEC Launches Fresh Probe Into Coinbase Listing Securities Claim

Seven of the nine digital assets claimed by the SEC are now listed on Coinbase. Securities are highly regulated and need extensive disclosures. The US Securities and Exchange Commission (SEC) has launched a new investigation into Coinbase, a popular platform for buying and selling digital currency. It’s been reported by

July 26, 2022 2 mins read
Charles Hoskinson Ridicules Tesla Over Recent Bitcoin Sale

Charles Hoskinson Ridicules Tesla Over Recent Bitcoin Sale

Bitcoin aficionados were astonished and disappointed by Tesla’s announcement. Hoskinson has ripped apart long-time Bitcoin developer Jimmy Song. As crypto Twitter responded to news that Tesla has liquidated 75 percent of its Bitcoin holdings, input Output Global (IOG) founder Charles Hoskinson ridiculed Tesla and bitcoin maximalists in a tweet on

July 25, 2022 2 mins read
Yuga Labs Awarded Injunction and Damages in Knockoff NFTs Lawsuit

Yuga Labs Might Soon Face Lawsuit Over ApeCoin and BAYC NFTs

A federal court lawsuit has not yet been filed on behalf of the plaintiffs in this case. So far, the SEC has refrained from categorically classifying any NFT as security. One of the most well-known NFT collections, Bored Ape Yacht Club (BAYC), created by Yuga Labs (a $4 billion corporation),

July 25, 2022 2 mins read
Credit Suisse and Deutsche Bank Face Extreme Downturn

More Than 236,000 Bitcoin (BTC) Sold by Large Firms Since May

More than 19k BTC was traded by public miners following market deterioration. This week, the cryptocurrency industry surged past $1 trillion in market capitalization. Since May, major institutions have sold at least 236,237 BTC, according to Arcane Research analyst Vetle Lunde in a tweet on Thursday. For the first step,

July 24, 2022 1 min read
Little Pepe