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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

Luxury Fashion House Prada Offers Ethereum NFTs to Customers

Top 3 NFT Sales in Last 7 Days as per DappRadar

At 97 ether or $191K, BAYC’s floor value is down 2.9 percent. Cryptopunks’ sales are down 3.39% last week. Non-fungible token (NFT) floor values have plummeted over the last week as markets lost value. Bored Ape Yacht Club (BAYC), Cryptopunks, and other high-end NFT collections have suffered a 2–25 percent

May 17, 2022 1 min read
9,219 Bank Accounts Frozen by Iran Over Suspicious Crypto Transactions

9,219 Bank Accounts Frozen by Iran Over Suspicious Crypto Transactions

The Ministry of Finance froze more than 9,219 bank accounts belonging to 545 people. Iranian authorities are also taking action against cryptocurrency mining beyond the law. According to a statement released Saturday, foreign cash and cryptocurrency transactions have been deemed suspicious by Iran’s Ministry of Intelligence. The Ministry of Finance

May 17, 2022 1 min read

Ethereum (ETH) Hashrate Reaches All-time High of 127 Petahash per Second

Ethereum’s hashrate has increased by 124.33% since June 28, 2021. More than 80 mining pools and organizations use the Ethash proof-of-work algorithm. Ahead of the impending Merge, Ethereum miners are pushing themselves farther and more than before. As much attention was paid to Terra, Ethereum’s hashrate reached an all-time high

May 16, 2022 1 min read
Bitcoin (BTC) Price Rebounds But Investors Still Not Optimistic

Bitcoin (BTC) Price Loses Bullish Momentum, Falls Under $30K

The price may begin a new negative wave if it falls below $28,000. If BTC breaks through the $30K level, a new upward trend may be on the horizon. Over the last two weeks, the cryptocurrency markets have been crushed, losing 25% of their value or about $500 billion since

May 16, 2022 2 mins read
Paraguay Passes Crypto Regulation Bill Through Majority Votes

Bitcoin (BTC) Price Consolidates After Brief Rebound

Since the 9th of May, BTC exchange outflows have been at a high level. There has been a dramatic spike in the number of BTC transactions. After plunging below $26,000 in the most recent episode of the crypto-crash, BTC has risen over the $30,000 mark. Despite macroeconomic uncertainties, the Bitcoin

May 14, 2022 2 mins read
Whales Acquire Shiba Inu (SHIB) By Buying the Dip as Bears Continue Domination

Bahrain-based Prominent Exchange ‘Rain’ Lists Shiba Inu (SHIB)

The “BlueWhale0073” wallet holder has purchased 455,957,607,129 SHIB tokens. Shiba Inu has seen a 25% increase in the last 24 hours. Rain platform, the Middle East’s premier crypto trading platform, has finally chosen to begin Shiba Inu trading after considering it for more than two months. On the other hand,

May 14, 2022 1 min read

Win Prizes for Hockey Bets in a New 1xBit Tournament!

Hockey games have continued to gain more prominence from time to time as it keeps welcoming more fans from every part of the world. The Ice on Fire is a new tournament from 1xBit. Interestingly, players have a better chance to claim massive prizes and the rules of the tournament are

May 11, 2022 3 mins read
Can Bulls Bring Litecoin (LTC) Back to $100?

Litecoin (LTC) Set to Recieve Highly-Anticipated MimbleWimble (MWEB) Upgrade

The RSI indicates that investors aren’t too excited about the financial markets. The MimbleWimble update would improve the user experience. Litecoin announced on May 3 that its significant upgrade, MimbleWimble (MWEB), has been locked in for activation after years of work and an initial announcement in February of this year.

May 9, 2022 1 min read

Bitcoin (BTC) Price Plummets, Raising Fear of Further Bear Dominance

There is “Extreme Fear” on the Crypto Fear and Greed Index. BTC might fall to levels not seen since late 2020. With Bitcoin falling to a low of $33,393.61, things only worsened the cryptocurrency. This year’s lowest level for Bitcoin (BTC) has sparked worries that the digital currency will challenge

May 9, 2022 2 mins read
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