Bitfinex holds the highest amount of Tether(USDT) at 60%, exchange balances surpass ATH

Despite recently losing 1% of its USD peg, Tether has 60% of its entire supply held across various exchanges with Bitfinex holding the largest share.  2 min read Updated: November 30, 2022 at 4:20 am Cover art/illustration via CryptoSlate Amidst increased bearish action on the cryptocurrency market, digital assets are offloading from exchanges and finding …

RBI Begins First Retail Digital Rupee Pilot in 13 Indian Cities With 8 Banks

India’s central bank, the Reserve Bank of India (RBI), is launching its first retail digital rupee pilot on Dec. 1 with the participation of eight banks. The pilot will start in four cities and then expand to cover nine more cities across India. RBI Picks 8 Banks, 13 Cities to Test Retail Digital Currency The …

SEC Strategic Plan: Crypto Initiatives Among Top Priorities Over Next 4 Years

The U.S. Securities and Exchange Commission (SEC) has revealed some initiatives involving crypto assets in its Strategic Plan for the fiscal years 2022-2026. The initiatives are intended to address the SEC’s top priorities over the next four years. SEC’s Strategic Plan for FY 2022-26 The U.S. Securities and Exchange Commission (SEC) published its “Strategic Plan” …

Elon Musk Says Apple Has Threatened to Withhold Twitter From App Store as Battle for Free Speech Escalates

Tech giant Apple has threatened to withhold Twitter from its app store, according to Tesla CEO and Twitter chief Elon Musk. The billionaire added: “This is a battle for the future of civilization. If free speech is lost even in America, tyranny is all that lies ahead.” Apple’s Threat to Musk and Twitter The battle …

Digital assets could add $40B a year to Aussie GDP: Tech Council report

Up to $40 billion a year (AU$60 billion), could be added to Australia’s national GDP with the right regulatory framework and could lead to enormous cost savings for consumers and businesses according to a new report. The Nov. 29 Digital assets in Australia report was commissioned by the Tech Council of Australia (TCA), one of …

Bull vs. Bear Crypto Market: What’s the Difference?

Historically, bull markets describe the rising of market value, while the bear market implies the falling of market value. In the crypto world, the terms bull market and bear market have been adopted from their financial-market counterparts. Since you know the crypto market is volatile, prices can fluctuate rapidly, rising and falling in a matter …

Polkadot Reflects Accumulation, How Long Will It Trade Sideways?

Polkadot price seems to be returning on its feet, courtesy of recent developments. DOT’s network released its newest update, highlighting some core developments that could pave a path for its foundational roadmap for 2023. Polkadot has plans to delve deeper into smart contract development through its project Substrate. This focuses on the network’s intention to …

BNB Leads Gains Among Top Cryptos: Will Binance Coin Continue To Roar?

BNB is currently trading at $300.082 with a 24-hour trading volume of $1,059,515,334. Despite the general market slump, the coin has been one of the top performers. It currently ranks at the number four position on CoinMarketCap.  The coin has a 24-hour low of 289.76 and a 24-hour high of $304.82. The price change in …

Bitcoin On Exchanges Keeps Sliding, 1 Million BTC Pulled From These Platforms

Bitcoin is trending sideways in its current range, the cryptocurrency managed to prevent a fresh assault from the bears, but uncertainty remains strong in the market. This status quo supports the price action, and it could operate as the dominant trend for the remaining of the year.  As of this writing, Bitcoin trades at $16,400. …

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