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Exchange outflows hit historic highs as Bitcoin investors self-custody

Bitcoin (BTC) investors have been increasingly moving their holdings to self-custody solutions following the collapse of the world’s second-largest crypto exchange last week.On-chain exchange flow data is showing a surge in withdrawals to self-custody wallets, according to analytics provider Glassnode.In a Nov. 13 post on Twitter, Glassnode reported that Bitcoin

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Signature Bank’s Crypto Outflows Mitigated by Growth in Core Deposits, Wedbush Says

The $4.3 billion contraction in crypto-related deposits was steeper than estimated but not a surprise, Raymond James said in a report, also on Tuesday. The bank’s growth is not dependent on “digital currency ecosystem growth,” the note said, adding that while the firm’s exposure to the cryptocurrency ecosystem remains a

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