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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

Chingari Launches Star Contest, Enters Partnership With Prominent Exchange KuCoin

Chingari- India’s First Blockchain-Based Social Infotainment Platform

Chingari, a short-video app, has raised $19 million to introduce crypto as a means of revenue for artists and subscribers. Among the investors in Series A were Republic Crypto, Alameda Research, Galaxy Digital, Solana Capital, and many others. The firm says the funds were obtained in USDC and Tether, which

October 12, 2021 2 mins read
Anonymous Whale Transfers Six Trillion SHIB to Unknown Wallet

Anonymous Whale Transfers Six Trillion SHIB to Unknown Wallet

DefiLlama said the TVL is now under $300 million. Fans expect a debut on RobinHood soon. An unidentified investor bought 6.3 trillion SHIB coins in two days. On October 1, the whale purchased a massive 6 trillion SHIB coins valued at approximately $43,838,900. The whale then bought another 116 billion

October 11, 2021 2 mins read
Crypto Analyst Van de Poppe Predicts Six Digit Figure for Bitcoin

Crypto Analyst Van de Poppe Predicts Six Digit Figure for Bitcoin

Bitcoin’s current support is between $49,800 and $51,000. Bitcoin price today is $55,190.35 USD. A major downtrend line and the September high of $52.9k were broken this week. As a result, it fell under the technical and on-chain resistance zone of $55k to $58k. A consolidation or small pullback is

October 10, 2021 2 mins read
Solana's Growth Has Been on a Rise, but There's a Catch!

Solana’s Growth Has Been on a Rise, but There’s a Catch!

Solana’s DeFi projects surpassed $3 billion.  SOL’s NFT market value reached $1 billion. It was a thrilling and nerve-wracking quarter for the crypto-community. While Bitcoin and Ethereum had good quarters, it was the younger protocols that dominated. Projects like Solana, Avalanche, and Terra have seen substantial growth in smart contract

October 10, 2021 2 mins read
Cardano Price Will Overcome Consolidation? Find Out!

Cardano Price Will Overcome Consolidation? Find Out!

Since June, the total volume has decreased. Charles Hoskinson revealed the Alonzo hard fork in August 2021. In October, the bitcoin market re-emerged. The total crypto market value has grown to $2.3 trillion in eight days. Cardano’s ADA coin is one of the best-performing cryptocurrency assets, owing to the overall

October 10, 2021 2 mins read
Ethereum to Outperform Its Rivals With the Launch of Altair Hard Fork

Ethereum to Outperform Its Rivals With the Launch of Altair Hard Fork

Ethereum already achieves two of the ‘trilemma’ of blockchain. Too many users on the blockchain mean more costly transactions. Altair, Ethereum 2.0’s first hard fork, is scheduled to be live by the end of the month. So developers and programmers may start preparing for the ‘Merge’ that will replace the

October 9, 2021 2 mins read
Litecoin (LTC) Network Transactions Consistently Rises Over the Years

Litecoin (LTC) – Oldest Altcoin May Break Barriers and Rise to Its Potential

Litecoin price is considered to be undervalued. Since early October 2021, the LTC price has been rising steadily. Bitcoin, the first cryptocurrency released in 2009. Within a few years, another asset emerged. The idea of alternative currencies, or ALTCOINS, became considerably stronger from this currency than Bitcoin’s. So which is

October 9, 2021 2 mins read
No Price Surge Even With Over 410 Trillion SHIB Token Burns

Dogecoin (DOGE) on a Slow-Growth as Rival Shiba Inu (SHIB) Dominates

The price of Dogecoin has risen by approximately 40% in the last week. Investors should be wary of an approaching correction. Funding from Shiba Inu is needed to feed Dogecoin, says billionaire Glauber Contessoto. The Dogecoin-Ethereum Bridge is in the works, according to co-founder Billy Markus. Shiba Inu’s advancements in

October 7, 2021 2 mins read
Nimbus and Nethermind Run Merge Event To Prepare for PoS Transition

Nimbus and Nethermind Run Merge Event To Prepare for PoS Transition

The Beacon chain and the mainnet are distinct. The Beacon Chain will bring proof-of-stake to Ethereum. A recent picture of a Twitter user’s computer screen during a complex procedure sparked both delight and bewilderment. Jacek Sieka then stated that Ethereum clients Nimbus and Nethermind were “merging.” A proof-of-stake consensus method

October 7, 2021 2 mins read
Bitcoin Standard Hashrate Token (BTCST) Price Upsurges 103% in Last 24 Hours

Bitcoin Standard Hashrate Token (BTCST) Price Upsurges 103% in Last 24 Hours

BTCST is based on BEP-20. It is a Binance Smart Chain cloud mining platform. BTCST was launched on Binance Smart Chain (BSC). Each token represents 0.1 TH/s of Bitcoin mining power at a 60 W/TH efficiency. As a result, miners trade their computing power for BTCST tokens. Bridge liquidity to

October 6, 2021 2 mins read