The cryptocurrency market witnessed a sudden, strong bullish wave at Ethereum last week.
The rise continues today, with ETH prices exceeding $4,900 for the first time in history. Meanwhile, Bitcoin remained stable throughout the week and continued to decline.
However, there is a lot of Altcoin activity and economic development expected in the new week that could affect both Bitcoin and other cryptocurrencies.
This is the weekly cryptocurrency calendar we have prepared for you, especially as bitcoinsistemi.com.
(All times are stated as UTC+3Türkiye time)
Monday, August 25th
- WOM, KWENTA – They are registered on Bithumb.
- Neo – Binance will terminate deposits to the Neo Legacy Network on August 25th and will close all withdrawals on October 15th due to network shutdown.
- Korea’s Blockchain Week will be held in Tokyo from August 25th to 26th.
Tuesday, August 26th
- Bird – Lombard will be holding a Bard token sale on Buidlpad from August 26th to September 4th.
Wednesday, August 27th
- Nvidia’s revenue calls are about to be released. This could impact AI-themed Altcoins.
Thursday, August 28th
- Strike – Registered with Upbit and Bithumb.
- Degen – Starting August 28th, DeGen could make major changes to Toconemics. Final airdrops, full token unlocking, and moving from inflation emissions. Details will be shared in the official blog post on Friday.
- 3:30pm – US Total Domestic Production (GDP) Quarter (Forecast: 3.0%, Previous: -0.5%)
- 3:30pm – US Early Unemployment Claim (Expected: 231k, Previous: 235k)
Friday, August 29th
- The deadline for Iran’s nuclear deal.
- 3:30pm – US Core Personal Consumption Expense (PCE) Price Index Year (Previous: 2.8%)
- 15:30 – US Core Personal Consumption Expense (PCE) Price Index Monthly (Expected: 0.3%, Previous: 0.3%)
Analysts say the dollar continues to be under pressure as the labor market becomes the Fed’s main focus. The market is almost completely hoping for interest rate cuts in September. Aside from the big surprises in employment data, the dollar index is expected to remain weak. The dollar is expected to remain particularly vulnerable to currencies supported by more Hawkish Central Banks.
*This is not investment advice.
