Crypto Market Forecast: Week of August 28th 2023
A curated weekly summary of forward-focused crypto news that matters. This week, the Chairman of the Federal Reserve signals that interest rate hikes will continue, Oman embraces private Bitcoin mining, and Kuwait conver...
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
Bitcoin ETFs shed $261M as XRP funds buck weekly outflow trend
Bitcoin ETFs have recorded $151 million in net outflows since Monday, after investors withdrew $681 million the previous week.
XRP Price Faces a Turning Point as ETFs Record 13 Weeks of Inflows
XRP ETFs have already attracted $8 million in net inflows this week, extending their positive streak to 13 weeks, while Bitcoin, E...
USDC’s EU Reserves and Capital Shift to EBA Supervision in MiCA’s First ‘Significant’ Call
Circle’s European USDC issuer will answer to the European Banking Authority (EBA) on reserves, liquidity and capital from Nov. 12,...
Why Is XRP Down Today? Bears Target $1.30 Support as Selling Pressure Builds
The downturn has weakened XRP’s short-term technical structure, leaving traders focused on whether buyers can defend nearby suppor...
Solana’s short-dated implied volatility jumps 18.3 points in a week
The surge in Solana's short-dated implied volatility signals heightened market uncertainty, potentially leading to increased specu...
Ethereum Price Prediction: Tom Lee Warns of ETH Drawdown After Kospi Bloodbath
Ethereum is trading at the $2,500 level as Tom Lee warns that Korea’s equity rout could spill into crypto, a bearish price predict...