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Bitcoin Reserves, USDC Issuance & Stablecoin Market Growth | Daily Crypto Alpha | January 6th 2024


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In this daily we cover:

Bitcoin's strategic role gains traction as Chile considers a national reserve, while JP Morgan highlights its enduring appeal amid the "devaluation trade." Meanwhile, stablecoins see modest growth, USDC expands with a $50M issuance, and Ethereum markets grapple with ETF outflows and a high-stakes short position. 


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