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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

Dapper Labs Raised Additional $250 Million Reaching $7.6B in Valuation

Dapper Labs Raised Additional $250 Million Reaching $7.6B in Valuation

Coatue is the new investor. Each digital card is a token on a blockchain. Dapper Labs, the firm behind the famous NBA Top Shot NFT game, has raised an additional $250 million. Coatue is the new investor. Today’s financing round values the business at $7.6 billion, according to a corporate

September 24, 2021 2 mins read
XRP Prices Heads Into a Down Trend, Users Decline 8.15% in 11 Days

XRP Prices Heads Into a Down Trend, Users Decline 8.15% in 11 Days

The US indices had their worst day since October. The current RSI level is far from the oversold zone. The XRP price is falling along with the crypto market this morning as a global risk-off hits markets. Ripple (XRP) is down 12% in early Asian trade. For now, the 200-day

September 21, 2021 2 mins read
During Times of Market Fall, Investors Turn to Core Assets

During Times of Market Fall, Investors Turn to Core Assets

Layer-1 blockchains enhance the underlying protocol itself. Cryptocurrencies are seeing volatile price fluctuations. The market has been down and is having a steep decline in the last 24 hours. Today, many cryptocurrencies lost value along with other assets like equities and commodities. After a year of gains and highs, cryptocurrencies

September 21, 2021 2 mins read
Polygon Launches Much Anticipated Ethereum EIP-1599 Update

With Bitfinex Integration, Can the Bulls Drive the Price for Polygon (MATIC)?

Twitter’s Altcoin Sherpa endorsed MATIC. Polygon said MATIC token would soon be available on Bitfinex. Since the market sell-off on September 7, MATIC has been attempting to regain its initial bullish momentum. Although lower highs outlined its positive trend, traders were unable to maintain prices. Its recent rise from $1.20

September 21, 2021 2 mins read
SushiSwap Striving Hard to Overcome the Bearish Momentum

SushiSwap Fails to Break Major Resistance Area, Can it Break-Through?

SUSHI has been holding well above a mid-term trend line. Price has bounced off this trend line five times. Sushi is a DeFi protocol that is totally driven by the community, presenting delectable interest for your held cryptocurrency resources.  Sushi has risen over 13 percent the last week. 400 MA

September 21, 2021 2 mins read
Cardano (ADA) Trembles, Fall Back to $2 Expected?

Cardano (ADA) Trembles, Fall Back to $2 Expected?

A loss of this defence would reduce ADA to $2. Bitcoin rises and altcoins like Cardano (ADA) fall. Cardano (ADA) has had a fantastic year in crypto. Relating to performance, the ADA has crossed a significant milestone on its way to become one of the top 10 cryptos by market

September 20, 2021 2 mins read
Exclusive Interview with Saravanan Pandian, Founder and CEO of Koinbazar

CVault.finance (CORE) DeFi Token Price Upswings Over 50% in a Week

With a deflationary governance token, CORE, CVault.finance is a decentralized finance system. Also planned are “Automated Strategy Vaults,” which would automate profit-generating methods for staked tokens. cVault.finance claims their governance approach is “the strongest and most involved in DeFi.” CORE token holders vote collectively to modify the protocol, including adding

September 20, 2021 2 mins read
Top 3 DeFi Tokens Based on Volume in Last 24 Hours

Ethereum Currently Leads the TVL (Total Value Locked) in DeFi

Uniswap commanded $9,620,102,739 in swaps last week. There are 270,783 bitcoin in TVL. The total value locked (TVL) in decentralized finance (DeFi) has grown significantly to $171 billion in mid-September. There are 270,783 bitcoin in TVL valued at over $13 billion on the Ethereum network, and $15 billion has been

September 20, 2021 2 mins read
Fantom Into NFT World — NFT’s on FTM a Game-Changer?

Fantom Into NFT World — NFT’s on FTM a Game-Changer?

NFT marketplaces continue to grow rapidly. Fantom has minimal transaction costs. Several currencies have lately surged with the cryptocurrency market. Since lately, FTM has gained traction in its climb, and its bullish rally appears to be gaining momentum at the current time. Fantom is a smart contract platform with a

September 19, 2021 2 mins read
Top 5 Binance Smart Chain (BSC) Tokens of the Week

Top 5 Binance Smart Chain (BSC) Tokens of the Week

BSC is a blockchain network that enables smart contracts. In the last 24 hours, CELR is up 5.88%. Binance Smart Chain is a significant and popular platform. We all know it is the world’s top trading platform. BSC is a blockchain protocol used for lending. Let’s take a look at

September 19, 2021 2 mins read