Digital Assets Archives - Jack Of All Techs

Mon. Mar 20th, 2023

Bitcoin Surges by More Than 37% Against US Dollar This Week, Taps $28K on Sunday

Mar 19, 2023 Jimmy Rivera

Bitcoin reached a high of $28,422 per unit on Sunday at around 3 p.m. Eastern Time as the leading cryptocurrency has continued to rise during the last week. Since last…

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Republican Congressman Tom Emmer Queries FDIC on Alleged Efforts to Purge Crypto Activity from US

Mar 16, 2023 Jimmy Rivera

On Wednesday, Tom Emmer, the U.S. Republican congressman from Minnesota, revealed he sent a letter to Martin Gruenberg, the chairman of the Federal Deposit Insurance Corporation (FDIC), regarding reports that…

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Digital Assets Worth 2 Billion Rubles Issued in Russia in Less Than a Year

Mar 16, 2023 Jimmy Rivera

Digital financial assets (DFAs) for a total exceeding $26 million have been issued in Russia in the past year. This new market has been developing since it was regulated in…

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Bitcoin Becomes 12th Largest Asset Worldwide by Valuation, Surpassing Visa

Mar 15, 2023 Jimmy Rivera

After dropping below $26,000 per unit, the price of bitcoin, the leading digital asset by market capitalization, is still up 9.6% since last week. However, its price has decreased by…

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Stablecoin Trading Dominates Monday’s Crypto Market, Tether and BUSD Sell at Premiums

Mar 13, 2023 Jimmy Rivera

On Monday, the crypto economy experienced significant market activity with $183.85 billion in global trade volume over 24 hours, with a large portion of those trades involving stablecoins. USDC traded…

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Bank of Russia Registers Another Digital Asset Issuer

Mar 13, 2023 Jimmy Rivera

The Central Bank of Russia has added another entity to its register of authorized issuers of digital financial assets. The platform, called ‘Masterchain,’ becomes the fifth ‘information system operator’ in…

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USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity

Mar 11, 2023 Jimmy Rivera

On Saturday, March 11, 2023, crypto advocates are concerned as a few stablecoin assets have depegged from their $1 parity. The second-largest stablecoin USDC, issued by Circle Financial, fell below…

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Blockchain.com Shutters Asset Management Subsidiary Amid Crypto Winter and Industry Turmoil

Mar 11, 2023 Jimmy Rivera

According to reports and a filing that shows its name struck off the U.K. companies’ register list, Blockchain.com is sunsetting its Blockchain.com Asset Management subsidiary. A company spokesperson cited deteriorating…

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US Regulators Close Silicon Valley Bank in One of the Largest Bank Failures Since Washington Mutual

Mar 10, 2023 Jimmy Rivera

After Silicon Valley Bank (SVB) experienced financial turmoil, the U.S. Federal Deposit Insurance Corporation (FDIC) and the California Department of Financial Protection and Innovation closed the financial institution. Insured depositors…

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Biden Budget Proposal Targets Crypto Investors Using Like-Kind Exchange Provision; Plan Aims to Tax Crypto Miners 30%

Mar 10, 2023 Jimmy Rivera

On Thursday, the Biden administration released the U.S. president’s 182-page budget proposal for the fiscal year 2024, which aims to “grow the economy from the bottom up and middle out.”…

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“Glowing Skin, Confidence Boost: A Guide to Radiant Skincare”
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