Crypto Market Forecast: Week of August 23rd 2021
A curated weekly summary of forward-focused crypto news that matters. This week, the price of Bitcoin crosses the US$50,000 level, Coinbase plans to add more crypto to its balance sheet, and Cardano establishes its posit...
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
Kalshi and Polymarket hit record $2.7 billion in weekly crypto volume
The surge in crypto prediction market volume highlights a shift towards short-term speculative trading, impacting traditional trad...
Aave Opens Its First Externally Curated V4 Markets With Sentora
Aave’s first externally curated V4 markets are live on Ethereum, according to Sentora’s October 22 launch explanation. The curator...
Bitcoin Hashrate Reclaims One Zettahash As Mining Competition Rebounds
TL;DR: BlocksBridge reported Bitcoin’s seven-day hashrate above one zettahash in the week to October 22. Mining competition has re...
Bitcoin Bettors Push Kalshi and Polymarket to a Record $2.7B Week
Crypto contracts on Kalshi and Polymarket hit a record $2.7 billion in weekly volume, driven mostly by short-term bets on where bi...
Coinbase Ireland Hit With €3.25M Fine Over Fund Safeguarding and Oversight Failures
Key Takeaways: Irish central bank fines Coinbase Ireland $1.19m for customer fund safeguarding and outsourcing failures. The compa...
HSBC Launches RedCoin Stablecoin and Plans to Let Customers Buy Tokenized Funds With It
HSBC put its first stablecoin, a Hong Kong dollar token called HSBC RedCoin (ticker RCHKD), on its PayMe payments app on Oct. 23,...