Crypto Enthusiasts Alerted to Major Economic Developments and Altcoin Milestones Ahead
The cryptocurrency market faced significant challenges this week, marked by substantial sell-offs due to Mt.Gox refunds and BTC sales by the German government. This sudden downturn led to the liquidation of numerous long positions. Looking forward, volatility is expected to persist in the upcoming week, which promises to be pivotal.
Here’s a detailed breakdown of the economic events and altcoin updates lined up for the week, exclusively from thebitsup.com:
**Monday, July 8**
– BNB: Ananet Veld hard fork completion.
– VELA: Launch of V2 Mainnet.
**Tuesday, July 9**
– XAI: Token unlocking.
– 16:15: Speech by FED Vice President for Supervision Barr.
– 17:00: Address by FED President Jerome Powell.
– 20:30: Speech by FOMC Member Bowman.
**Wednesday, July 10**
– DeSo: Launch of Blockchain Revolution Proof of Stake.
– 17:00: Address by FED President Jerome Powell.
– 21:30: Speeches by FED Member Goolsbee and FOMC Member Bowman.
**Thursday, July 11**
– 15:30: Release of US CPI data.
– 15:30: Announcement of US Unemployment Benefit Applications.
– 18:30: Speech by FOMC Member Bostic.
– Possible statement by US Presidential candidate Donald Trump.
**Friday, July 12**
– Aptos (APT): Unlocking of locks.
– Immutable (IMX): Unlocking of locks.
– 15:30: Release of US PPI data.
Please note that the above information is not intended as investment advice. For trading in over 300 cryptocurrencies, consider registering with Binance exchange via this link for a 20% commission discount.
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