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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

Jack Dorsey Backs Bitcoin-powered Universal Basic Income (UBI) Strategy

Jack Dorsey Led Fintech Firm Block to Build Bitcoin Mining System

There was no mention of a release date for Block’s system. Jack Dorsey, announced his retirement in November as CEO of Twitter. Co-founder and former CEO of Twitter, Jack Dorsey, announced his retirement in November to focus more on his digital payments company as it grows into the crypto space.

January 15, 2022 1 min read
Dogecoin To Be Accepted at Tesla's New Futuristic Diner, Drive-in Theater

Tesla Accepts Dogecoin (DOGE) for Merchandise, DOGE Price Surges 18%

A QR code is provided after clicking the “Pay Now” button. The poll had gathered more than 500,000 votes. The Tesla shop began accepting Dogecoin (DOGE) payments in Asian hours today, and prices rose by 18% soon afterwards. Dogecoin is now being accepted and denominated on Tesla’s online store. Items

January 14, 2022 2 mins read
Q4 2021 Report Reveals Cash App Brought in $1.96 Billion in Bitcoin Revenue

Jack Dorsey Led Block Inc Announces Building Open Bitcoin Mining

In order to verify transactions, Bitcoin uses a proof-of-work (PoW) architecture. Block is building a hardware and software team of engineers and designers. As the newly renamed company tries to grow outside its payment industry and into new technologies like blockchain, Block Inc CEO Jack Dorsey said in a tweet

January 14, 2022 1 min read
Whale Alert: 15 Million FTM Tokens Purchased in Last 24 Hours

Fantom (FTM) Price Surges 17% In the Last 24 Hours!

Ethereum “whale” acquired $1.1 million worth of FTM recently. Analysts expect the FTM coin will end 2022 with a value of $3.24. Thanks to a slew of positive events, the Fantom cryptocurrency is on a rampage. Decentralized finance (DeFi) is a hot topic right now, and the FTM coin is

January 12, 2022 2 mins read
South Korean Presidential Candidate Promises Support for Crypto Tax Exemption

Bitcoin Miners Accumulate Over 5000 BTC Per Day

Bitcoin mining has increased at its quickest pace since May 2021. The total number of Bitcoin reserves was 1.859 million on Monday. Bitcoin prices have shown signs of revival in the past two days after a terrible start to 2022. That’s because of the massive buildup of miners over the

January 12, 2022 1 min read
NBA Star Klay Thompson Agrees to Receive Part of Salary in Bitcoin (BTC)

NBA Star Klay Thompson Agrees to Receive Part of Salary in Bitcoin (BTC)

Thompson returned against the Cleveland Cavaliers. Carolina Panthers star Russel Okung had also agreed similarly. Klay Thompson and Andre Iguodala have declared that they will take part of their salaries in Bitcoin when it comes to their paychecks. They’re partnering with Cash App, which recently recruited Aaron Rodgers and OBJ

January 11, 2022 1 min read
Whales Purchase Millions of Dollars Worth MATIC AND LINK in Last 24 Hours

Polygon (MATIC) Clear Favorite of Developers Against Ethereum (ETH)

Polygon claims to handle up to 65,000 transactions per second. Scaling solutions like Polygon reduces costs by rerouting transactions. Polygon is an Ethereum secondary scaling solution. These solutions use an existing blockchain network rather than creating their own. In this case, Polygon runs on Ethereum, which has gotten more sluggish

January 11, 2022 2 mins read
Bitcoin Crash - What’s Next for Crypto Space ?

Can Bitcoin (BTC) and Ethereum (ETH) Rebounce Again?

The Bitcoin price rebounded on Sunday, January 9, ending a six-day sideways trend. At press time, Bitcoin was trading at $41,898, with a $792 billion market value. On-chain data and RSI levels have been suggesting a trend reversal. The US Inflation Data due on Wednesday will be a significant factor

January 10, 2022 2 mins read
Global Crypto Market Cap Holds Steady After Extreme Fall

Global Crypto Market Cap Holds Steady After Extreme Fall

Global crypto market capitalization stood at $1.97 trillion. Bitcoin is up 0.33% in the last 24 hours. Over the weekend, the crypto market continued to decline as investors became more pessimistic about an early Federal Reserve rate rise. However, on Monday, the digital token cart recovered some of its losses.

January 10, 2022 2 mins read
In-Depth Review of the Most Popular Crypto Gambling Platform - 1xBit

In-Depth Review of the Most Popular Crypto Gambling Platform – 1xBit

Launched in 2016, 1xBit is a crypto gambling platform. It has about 5000 slots and over 1000 sporting events every day. It also has provably fair games, including its own games. The variety of game genres is wide, with multiple games within each category. 1xBit supports over 30 coins, allowing

January 10, 2022 6 mins read
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