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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...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

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 from Glassnode reveals the uncanny ability of many first-time Bitcoin buyers to sell at the bottom of a cycle. The de-dollarization movement continues to gain steam in Asia, and, fundamentals for Bitcoin continue to suggest high activity and strong hands.

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This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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