Watch Out: New Week Brings Critical Economic Developments and Altcoin Events
The upcoming week will be filled with significant developments and events in the cryptocurrency market. Last week saw a decline in BTC price by 3.84%, with similar declines observed in altcoins and even double-digit declines in some tokens. The BTCTurk hack incident further fueled these price declines, particularly in altcoins like AVAX and LUNC.
As we enter the new week, there are several new developments in altcoins and important economic data to watch out for. Here is a day-by-day, hour-by-hour list of the events:
Monday, June 24:
– ECB will announce a partnership
– Litecoin 2024 Summit
– Smart Contract update for MTL
– Major update announcement for ADX
Tuesday, June 25:
– Klayr Blockchain launch for LSK
– BTFS halving event for BTT
– “Mega” burn event for SD
– $25 million token unlock for ALT
– US Conference Board (CB) Consumer Confidence data release (Expected: 100.2, Previous: 102.0)
Wednesday, June 26:
– Decipher event starting for ALGO
– L2 migration and airdrop for MTL
– Edge Node client launch for THETA
– Fluxedge Alpha Public launch for FLUS
– Token airdrop for Blast
Thursday, June 27:
– Live-streamed debate between US presidential candidates Donald Trump and Joe Biden
– US Gross Domestic Product (GDP) Quarterly data release (Expected: 1.4%, Previous: 1.3%)
– US Initial Unemployment Claims data release (Expected: 240k, Previous: 238k)
Friday, June 28:
– VeBetterDAO mainnet and HiVe Summit event for VET
– Quarterly staking update for AGI
– US Core Personal Consumption Expenditures (PCE) Price Index Monthly data release (Previous: 2.8%)
– US FED Monetary Policy Report release
Please note that this information is not investment advice. To invest in over 300 cryptocurrencies, you can register with Binance exchange with a 20% commission discount from this link. Follow our Telegram and Twitter accounts for exclusive news, analytics, and on-chain data.
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