Tag: BTCUSDT

TL;DR: Bloomberg has expanded its crypto analytics to classify bank exposure under Basel standards, including indirect holdings hidden inside funds, derivatives and corporate securities. A bank can have cryptocurrency exposure without holding a single Bitcoin in a wallet. It may own shares of a company with substantial crypto reserves, a fund containing digital-asset products or…

TL;DR: Bybit says its Dubai entity has secured a VARA virtual-asset service provider licence covering spot exchange activity; derivatives permission remains a future objective. Bybit has obtained a Dubai regulatory licence for spot cryptocurrency exchange services, extending its locally authorized business in one of the industry's most closely watched jurisdictions. The exchange announced Thursday that…

TL;DR: Crypto exchange BTCC says quarterly futures volume reached $387 billion and its TradFi-linked trading category increased to $16.3 billion, based on company-reported data. Crypto exchange BTCC says demand for its futures products accelerated during the third quarter, including a sharp increase in contracts linked to traditional financial markets. The company reported $387 billion in…

TL;DR: Bitdeer says its September Bitcoin production reached 1,355 BTC, highlighting the miner’s expanding hash rate alongside separate data-center and AI-service plans. Bitdeer has released another sizable set of Bitcoin mining numbers as the industry weighs how much computing infrastructure should remain dedicated to hashing and how much can be redirected toward artificial intelligence services.…

TL;DR: NIP Group has agreed to purchase already deployed Bitcoin mining machines with about 4.47 EH/s of hash rate, subject to closing and share consideration. Esports and digital infrastructure company NIP Group is moving deeper into Bitcoin mining through an agreement to acquire machines representing roughly 4.47 exahash per second of computing power. The company…