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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

DAOs May Become Truly Decentralized by Constantly Adapting to New Measures

DAOs May Become Truly Decentralized by Constantly Adapting to New Measures

Essential to provide communities to make recommendations and choices. Gatekeepers or councils are needed to retain the company’s basic principles. There are several reasons why decentralization is challenging to accomplish in DAO protocols, and those reasons are good ones. The core founding team is wary of a system in which

February 5, 2022 1 min read
Optimism Introduces Balancer Protocol Along With Beethoven X For Enhancing of L2 Network

Top 3 Cryptocurrencies That Can Sideline Bitcoin (BTC) in 2022

BNB has a high intrinsic value and a wide range of potential applications. The Avalanche blockchain aims to provide DeFi developers with scalability. Investing in one of the almost 16,000 cryptocurrencies in existence today might be difficult. More and more cryptocurrency investors hope to make a killing by getting in

February 3, 2022 1 min read
Hedera Network TVL Hits All-Time High of $100 Million

Global Crypto Market Fumbles 3.39% as Most Coins Turn Red

To prevent further declines, ETH must remain above the $2,600 support level. SHIB is trading similarly to DOGE from a technical standpoint. Bulls couldn’t hang on for long, and most coins have returned to their original red zone. Only Polkadot (DOT) had an increase of 1.35 percent. When compared to

February 3, 2022 2 mins read

Justin Bieber Buys BAYC NFT Ape For $1.29 Million

The NFT sales of the Bored Ape Yacht Club alone have exceeded $1 billion. Bored Ape NFTs have sold for as much as $3.4 million. A “generative” picture, like the Bored Ape avatars, is a sort of NFT image. NFT pioneers Larvalabs, well-known for their unique Cryptopunks avatars, maybe the

February 1, 2022 2 mins read
Solana (SOL) Price Faces Correction After Brief Bullish Rally

Ethereum Killer Solana (SOL) Price Surges 16.53% in Last 24 Hours

The Solana network was subject to multiple glitches in a short period. Solana was recently referred to as “Visa of the digital asset ecosystem.” Cryptocurrencies have had a rough couple of months. Since a Nov. 10 high of $2.87 trillion, the sector’s overall market value has fallen by 50 percent.

February 1, 2022 2 mins read
Circle Announces Support For Polygon USDC on Its Payment Platform

Polygon (MATIC) Token Burning At 10x Current Adoption Levels Sustainable?

It is a general goal of the EIP-1559 update to bring fee burning to Polygon. According to a Polygon blog post, EIP-1559 went live at block 23850000. After months of anticipation, Polygon’s layer-two scaling network went live with the much-anticipated EIP-1559 update on January 18. There was a successful implementation

January 30, 2022 2 mins read
Bitcoin (BTC) Price Level Consolidates Below $30K Level

Bitcoin (BTC) Makes Steady Gains While DeFi Market a Major Concern

On Friday, Bitcoin (BTC) remained over $37,000 and had gained nearly 3% in the previous day. Altcoins have begun to settle following a week of volatility in the cryptocurrency market. A prospective reversal in the stock market’s fortunes would also interest analysts, who were keeping a close eye on it.

January 30, 2022 1 min read
Polygon (MATIC) Large Whale Transactions Surge by 105% as per Reports

Whale Alert: 3 Million MATIC Token Bought By ETH Whale

Polygon EIP 1559 went live on January 18. Polygon intends to commit $100 million to new development investments. The whales are stockpiling despite the general crypto market’s sharp declines. Three distinct transactions totaling roughly three million MATIC tokens were logged by WhaleStats, bought by the whale in 297th place among

January 29, 2022 2 mins read
Optimism Introduces Balancer Protocol Along With Beethoven X For Enhancing of L2 Network

Kyber Network (KNC) Outweighs Bearish Market With 57% Gain This Month

Kyber 3.0 was the most major advancement for the Kyber Network. KNC is the second most popular DEX token, listing on 80 exchanges. Volatility and uncertainty continue to rule supreme in the crypto market. Despite this, a few projects are exhibiting signs of resilience in the present market slump, making

January 29, 2022 2 mins read

Current Market Condition Similar to Deadly Black Swan Event?

Market sentiment calls for BTC future movements to be characterized by losses. Black swan events are very damaging to the financial markets. A black swan occurrence is very rare, but when it does occur, it has enormous ramifications. A former Wall Street trader and lecturer, Nassim Nicholas Taleb, was the

January 28, 2022 1 min read