Crypto Market Forecast: Week of June 5th 2023
A curated weekly summary of forward-focused crypto news that matters. This week, huge taxes for Bitcoin miners dropped as part of the debt ceiling deal, CBDCs remain wildly unpopular with most Americans, and a new report...
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...
APT Gains 51% in Four Weeks, Outpacing Bitcoin and Ether
The token's weekly return is nearly flat, while DefiLlama's tracked stablecoin market cap on Aptos has fallen 17.5% over four week...
Bitcoin Miners Plunge 13% as Hot US Inflation Data Triggers Wall Street Selloff
TeraWulf, Core Scientific, Cipher Mining and IREN fell over 12% as September CPI of 3.7% triggered Wall Street's sharpest selloff...
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...