Jay Howell, Author at CryptocyNews.com

CEO Of ShapeShift Says BTC Is Emerging As A Better Form Of Money And Governments Don’t Realize That

June 24, 2021June 24, 2021 by Jay Howell

A variety of reactions all around the globe have been inflamed by the El Salvadoran adoption of Bitcoin (BTC) to be used as a legal tender. Although those in favour of Bitcoin are consequently praising this step yet various regulatory bodies are…

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MicroStrategy Wants To Buy More BTC: Is It The Right Track For The Company?

June 23, 2021June 23, 2021 by Jay Howell

The BI software company MicroStrategy has released a press release stating their move to buy more BTC. The buying of the largest cryptocurrency has moved the company under the radar of digital asset analysts because the company’s Bitcoin portfolio is off the…

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XSpring Capital Has Raised $225M For Developing Integrated Financial Marketplace

June 22, 2021June 22, 2021 by Jay Howell

Multiple companies from Thailand participated in the funding round in hopes that XSpring will connect traditional finance with Digital Finance. Investment Management Firm XSpring has managed to conduct successful funding round as a means to facilitate the development of their new financial…

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Altcoins Bleeding – XRP Down 11%, ETH 8%

June 20, 2021 by Jay Howell

In today’s crypto market crash, alternative coins lead the dip. Top alternative coins declined today after the crypto market lost about $80 billion in market cap, plunging to $1.52 trillion from $1.6 trillion. Polkadot, Dogecoin, Ethereum, SHIB, Theta, Bitcoin Cash, Solana, Ripple,…

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CoinSwap Founder Says Tesla CEO Is The Hero That Crypto Space Needs But Not The One Industry Wants

June 18, 2021 by Jay Howell

The outcry by Elon Musk’s arbitrary tweets could compel the investors out of the crypto market, but in the broad spectrum, this might bring new faces to crypto. Erik Nurm, the founder of CoinSwap, described that an average investor is endangered by…

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BTC Finds Support after Break Out Failure

June 16, 2021June 17, 2021 by Jay Howell

Briefly – BTC facing resistance at around $41,250. Bitcoins following a soaring support line. Support lies at $38,000. BTC continued its descent over the past day after a 15th June resistance rejection. The leading digital asset by market cap is in a…

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Cryptocurrency Market Cap Continues To Struggle At $1.70T

June 15, 2021June 15, 2021 by Jay Howell

Despite very unstable behavior during the weekend, cryptocurrency prices didn’t move much, as Bitcoin seems to rest at the $40,000 mark. Following price drops from yesterday, Bitcoin has rested at $40,000. As for Altcoins, most of them haven’t shown any significant change…

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JP Morgan Analysts Think Weak Bitcoin (BTC) Futures Can Result In A Bear Market

June 14, 2021June 14, 2021 by Jay Howell

The analysis of the market of cryptocurrency, which was performed by JPMorgan, undoubtedly highlighted the distinction between the spot prices of Bitcoin (BTC) and the futures prices of BTC. Analysts of JPMorgan stated that the market of Bitcoin has reverted to backwardation…

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CTFC Commissioner Says It Is A Bad Idea To Have Derivatives In Decentralized Finance Markets

June 12, 2021June 12, 2021 by Jay Howell

The word DeFi is an abbreviation of decentralized finance. It has fewer intermediaries than traditional finance and is conducted over the blockchain. This means it is not reliant on a single source, enhancing the speed of transactions and reducing complexities. Dan Berkovitz,…

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Kusama Statemine’s Slot Auction Will Start Next Week

June 10, 2021June 10, 2021 by Jay Howell

A magnificent upgrade of the parachain to Statemine led Kusama to announce the slot auctions to roll out in the next weeks. An on-chain upgrade on the parachain, preceded by the passing of a vote, was conducted by Kusama (KSM) that made…

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Name	Price	24H (%)
Bitcoin (BTC)	$34,863.00	7.01%
Ethereum (ETH)	$1,985.06	4.01%
Tether (USDT)	$1.00	0.29%
Binance Coin (BNB)	$305.37	7.54%
Cardano (ADA)	$1.37	5.35%
Dogecoin (DOGE)	$0.283780	23.61%
XRP (XRP)	$0.68	5.80%
USD Coin (USDC)	$1.00	0.05%
Polkadot (DOT)	$16.08	6.00%
JasmyCoin (JASMY)	$2.08	-2.13%