Crypto Market Forecast: Week of August 2nd 2021
A curated weekly summary of forward-focused crypto news that matters. This week, Ethereum leads the market as anticipation builds for the London hard fork, Bitcoin jumps on rumors of oil giant Saudi Aramco getting into B...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Brave New CoinRelated market context
Open USD supply on Ethereum tops $100M in its first week
OUSD's rapid growth on Ethereum highlights institutional influence in stablecoin markets, raising concerns about liquidity concent...
Ethereum (ETH) Price Prediction: ETH Eyes Recovery From $2,600 as $2,666-$2,689 Becomes Resistance
Ethereum price is holding around $2,618 as buyers attempt to preserve the latest recovery, but the market is approaching a decisiv...
Polymarket Rebuilds Its Core Smart Contracts With Protocol V2, Targets Nov. 2 Switchover
Polymarket is replacing the smart contracts its prediction markets have run on since launch. Head of Protocol Rajath Alex introduc...
Bitmine's Relentless Ethereum Buying Is About to End, Tom Lee Says
Speaking at Token2049 in Singapore, the chairman said Bitmine is about 100,000 ETH—roughly six to seven weeks—from its 5% cap, set...
Ethereum Price Prediction: Layer-2 Trouble Deepens as Another Network Shuts Down
Blast’s decision to close its Layer-2 network sharpens the question of Ethereum price and prediction: does activity ultimately con...
Ethereum bears keep selling but ETH price stays near $2,700 as US spot ETFs record $206M in outflows
Ethereum’s institutional demand is weakening around the same time derivatives positioning shows traders are selling aggressively w...