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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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Institutional Investor Sentiment Remains Negative As Bitcoin Outflows Continue

Institutional investor sentiment has been on the rocks for some time now. This follows the market trend with bitcoin falling below $22,000 and the total crypto market cap finally making its way below $1 trillion once more. With this, institutional investors continue to show a more bearish attitude toward the

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