DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Cryptocurrency Bitcoin Ethereum Briefings Blockchain Security Mining Altcoin Research NFT
Timeline Hourly market signal stream Sources Publisher health and coverage Topics Curated crypto topic hubs Entities Assets, firms, people, regulators Media Kit Audience and placement options Search Advanced archive filters
Research Cryptonews

Bitget Crypto Exchange Announces Debt-Free Status and $1.44 Billion Reserves in July Report

Bitget crypto exchange has announced that its reserves have reached a high of $1.44 billion, and that it is officially debt-free. As per Bitget’s announcement, the exchange’s overall reserve ratio now stands at 223%, mor...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitget Crypto Exchange Announces Debt-Free Status and $1.44 Billion Reserves in July Report
Bitget crypto exchange has announced that its reserves have reached a high of $1.44 billion, and that it is officially debt-free.
As per Bitget’s announcement, the exchange’s overall reserve ratio now stands at 223%, more than twice the standard 100% (or 1-to-1) backing that is expected of all exchanges in the industry.
Broken down into different digital assets, the exchange said it has a reserve ratio of 454% for Bitcoin (BTC), 135% for Tether (USDT) and 171% for Ether (ETH)....
Read More: Bitget Crypto Exchange Announces Debt-Free Status and $1.44 Billion Reserves in July Report

Why this matters

This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cryptonews

Related market context