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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

ApeCoin (APE) Price Surges by 15% Following Elon Musk's Twitter Profile Picture

Elon Musk To Dominate Twitter Space Becomes Single Largest Shareholder

Elon Musk, CEO of Tesla Inc., asked Twitter followers whether they wanted an edit button in a poll he shared on the social media platform. Earlier this week, Elon Musk announced that he owns 9.2 percent of Tesla, which is worth roughly $3 billion, and that he is the microblogging

April 5, 2022 2 mins read
Huobi & Gate.io Cheats With Forged Assets Screenshots

Bitcoin (BTC) Outflows From Exchanges Rise Amid Optimistic Buyers

Short-term optimism has returned as BTC/USD has recovered and sustained levels. The order book data that CryptoQuant collects comes from 21 exchanges. One-day outflows from exchanges stand at around 46,000 BTC, which shows that Bitcoin (BTC) investors are voting with their wallets. On April 3, 46,408 BTC exited exchange order

April 4, 2022 1 min read
Syscoin Launches Comprehensive In-house Layer-2 Rollup Suite ‘Rollux’

Cronos Is Growing Its Ecosystem Via Community Largess

Cronos recently announced a second round of Cronos Ecosystem Grant awards, dishing out a substantial amount of $CRO tokens to four of the most promising early-stage projects built on its blockchain.  These are all projects with big potential, not least because they’re looking to take advantage of the unique level

April 4, 2022 6 mins read
Non-exchange Wallet Engulfs 3,241 BTC!

96,283,195 USD Worth of 2,100 BTC Transferred to Coinbase From Unknown Wallet

The transaction happened at 11:24:28 UTC on April 3, 2022. The BTC price has dropped by 0.59 percent in the past day. During the last month of March 2022, outflows from crypto exchanges reached a new high of 100K BTC. Bitcoin rebounds from the downward pressure, and substantial purchasing demand

April 4, 2022 1 min read

Famous Analysts Optimistic of Bitcoin (BTC) and Ethereum (ETH) Rise

Bitcoin’s current market cap of $884 billion represents a 20% share of the value market. The estimated price indicates a +8.29% increase from the DeFi asset’s current value. As part of its ongoing efforts to diversify its institutional investment portfolio, Goldman Sachs has had its eye on Bitcoin and Ethereum

April 2, 2022 1 min read
New York State Passes Bill Regarding BTC Mines Ban

Bitcoin (BTC) Miners Generated $1.21 Billion in Revenue in March 2022

On Feb. 13, Bitcoin’s hash rate hit an all-time high of 248.11 EH/s. Since July 2021, the robust Bitcoin network has grown constantly. According to The Block’s Data Dashboard, for March, Bitcoin miners made $1.21 billion in income. In February, mining generated $1.06 billion in revenue. The block subsidy accounted

April 2, 2022 1 min read
Investors in India To Pay 30% Tax on Crypto Profit Starting From Today

Investors in India To Pay 30% Tax on Crypto Profit Starting From Today

A petition promoting this subject has received 1,02,956 signatures so far. It allows the government to keep tabs on all trade, digital assets. In India, taxation on cryptocurrency assets will begin on April 1, 2022. Finance Minister Nirmala Sitharaman revealed several modifications to the tax code in her presentation of

April 1, 2022 1 min read

Meta Files Multiple Trademark Applications For Blockchain and Crypto Products

Aiming to provide NFTs through Instagram avatars is already being considered. Both Meta Portal and Meta Horizon have been trademarked to encompass VR. Facebook (Meta) may be planning to launch its own cryptocurrency exchange and digital assets wallet, based on recent data from crypto commentator Bitcoin Archive on its Twitter

April 1, 2022 2 mins read

LBank Exchange Will List Lilly Finance (LY) on April 2, 2022

INTERNET CITY, DUBAI, Mar. 30, 2022 – LBank Exchange, a global digital asset trading platform, will list Lilly Finance (LY) on April 2, 2022. For all users of LBank Exchange, the LY/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on April 2, 2022. Inspired by Lillian Bay, a

April 1, 2022 3 mins read