Crypto Market Forecast: Week of May 8th 2023
A curated weekly summary of forward-focused crypto news that matters. This week, Binance closes BTC withdrawals citing congestion, Montana signs a new bill to establish cryptocurrency friendliness, and Americans are worr...
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
Binance ETH reserves hit six-month low as withdrawals surge
The divergence in ETH investor behavior highlights a shift towards self-custody and productive use, contrasting with institutional...
Base records $500 million in weekly trading volume as tokenized stocks gain ground
The surge in tokenized stock trading on Base highlights growing interest in blockchain-based financial products, potentially resha...
Bitcoin’s weekend rebound faces an $80,400 test after nearly $730 million in ETF outflows
Bitcoin traded near $82,900 in PerpFinder’s Oct. 10, 09:36 UTC snapshot, with traders watching whether the weekend rebound brings...
Ethereum open interest rose 2.3% in ETH on Binance as its dollar value fell 6.6%
Ethereum open interest in Binance’s ETHUSDT futures contract was 2.27% higher in ETH on Thursday, Oct. 8, over the last 48 hours,...
Ether ETFs extend outflow streak to nine days as Solana funds snap record 14-week inflow run
Spot bitcoin, solana, and ether ETFs all logged weekly outflows following last week's trading, a notable shift for some of the fun...
Bitcoin (BTC) Price Today: $81.1K Becomes Critical as Traders Eye Double-Bottom Setup
Bitcoin recently climbed above $85,000 before encountering renewed selling pressure. Glassnode’s latest Week On-Chain report shows...