Crypto Market Forecast: Week of August 7th 2023
A curated weekly summary of forward-focused crypto news that matters. This week, the credit rating of long-term US debt is downgraded, Coinbase fights back against an SEC lawsuit, and GLASSNODE's latest weekly report exp...
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...
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...
Bitcoin mining stocks plunge more than 10% in AI debt reckoning
The plunge in Bitcoin mining stocks highlights the financial vulnerability of AI infrastructure investments amid rising borrowing...
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...
Bitwise’s NEAR ETF holds 15.7 million NEAR two weeks after launch
The launch of Bitwise's NEAR ETF signifies growing investor interest in diversified crypto assets, potentially boosting NEAR's mar...