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Estimated reading time: 0 minutes, 19 seconds

Wednesday, Jun 10 2020

News

Written by FinTech News Brief Staff

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Bitcoin reserves on crypto exchanges hit a 12-month low, per data from glassnode. So reports Cointelegraph.

The dip in reserves coincides with news Coinbase may sell its blockchain intel arm to the government, which some say likely caused a subsequent surge in Bitcoin outflow. The low reserves may also signal a bull run is coming for the cryptocurrency.

Read the full story from Cointelegraph.

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