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reserves on centralized exchanges continue to decline and are already at their lowest levels since November 2018 - CryptoQuant data
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Bitcoin Depot Q3 Blowout ๐ Crypto ATM giant #BitcoinDepot just dropped some mind-blowing numbers for Q3! ๐ Revenue hit a staggering $135.3 million ๐, showing that the crypto ATM market is hotter than ever. ๐ฅ Their strategic expansions and user-friendly interfaces are really paying off! Despite market fluctuations, BitcoinDepot remains a key player in bringing #cryptocurrency closer to the masses. ๐ฐ This surge in revenue could signal a robust interest in #Bitcoin and other #crypto investments. Are we seeing a revival in crypto adoption? ๐ค Keep an eye on this space as BitcoinDepot continues to innovate and expand.
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Market liquidity is improving as stablecoins like USDT grow and flow into exchanges. Since the US Presidential election, $3.2B in #USDT has entered exchangesโthe highest net flow since Nov 2021. This liquidity boost could signal higher #crypto prices ahead.
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Level flipped and now retesting. If we hold this macro mid-range, $AVAX is definitely back in business! #Avaxusdt #AVAX
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๐ข Corporate Bitcoin Hoarding: A New Trend? Did you know? ๐ง Recent data from Glassnode shows public companies are amassing #Bitcoin , with a collective holding nearing 400,000 $BTC ! ๐ Leading the charge is #MicroStrategy, spearheaded by Michael Saylor, with a staggering stash of over 252,000 #BTC . ๐ This emerging strategy, dubbed the Strategic BitcoinReserve, could be the catalyst for more institutional investors to dive into the CryptoSpace. ๐ผ
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