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Watch out! Big Week Ahead! Here are the Economic and Altcoin Events to Follow in the New Week

source-logo  en.bitcoinsistemi.com 27 August 2023 12:50, UTC

After the sudden drop in the crypto money market last week, a week that followed a horizontal course has been left behind.

Bitcoin price has lost only 0.20% in the last seven days, while Ethereum has fallen 0.24% in the same timeframe.

So, what are the economic events and altcoin developments that may affect the crypto money prices next week? Here is the weekly list we prepared as Bitcoinsistemi.com.

All times are given in Türkiye time (UTC+3).

Fidelity, Invesco & Galaxy, Wisdomtree, VanEck, Bitwise ve BlackRock’ın Bitcoin spot ETF başvuruları için SEC’in bu hafta erteleme, red ya da kabul kararı vermesi gerekiyor. Bitwise’ın başvurusunun son değerlendirme tarihi Friday, September 1 iken diğer başvurular hafta sonuna, Valkyrie’nin başvurusu ise Pazartesine kadar değerlendirilmeli.

Monday, August 28

  • 20:00 – Optimism (OP) mainnet update will take place.

Tuesday, August 29

  • Bitstamp's US branch will delist AXS, CHZ, MANA, MATIC, NEAR, SAND and SOL tokens.
  • The decision between Grayscale and the SEC could be announced today.
  • 16:04 – Casper Network (CSPR) will go through V1.5.2 node update.

Wednesday, August 30

  • 15:15 – US ADP Non-Farm Employment Data

The ADP National Employment Report is a measure of monthly variation in nonfarm, private employment based on payroll data from approximately 400,000 U.S. business customers. Released two days before government data, this report estimates the government's nonfarm payrolls report.

  • 15:30 – US Gross Domestic Product (GDP) Quarterly data will be released. (Expected: 2.4%, Previous: 2%)

Thursday, August 31

  • Akash Network (AKT) – Mainnet 6 update will be released.
  • TXA (TXA) – Swap and TXA Network mainnet launch.
  • PulseChain (PLS) – will be delisted on the spot side on the OKX exchange.
  • 12:00 – Eurozone Consumer Price Index (CPI) Annual (Exp.: 5.1%, Previous: 5.3%)
  • 15:30 – US Core Personal Consumption Expenditures (PCE) Price Index Monthly (Exp. 0.2%, Previous: 0.2%)
  • 15:30 – US Core Personal Consumption Expenditures (PCE) Price Index Annual (Exp.: 4.2%, Previous: 4.1%)
  • 15:30 – US Initial Unemployment Claims (Expected: 235k, Previous: 230k)

Friday, September 1

  • Gains Network (GNS) – Tokenomic changes will be implemented.
  • The decision between Grayscale and the SEC could be announced today.
  • 15:30 – US Average Hourly Earnings Monthly (Exp.: 170k, Previous: 187k)
  • 15:30 – US Non-Farm Employment (Exp: 0.3%, Previous: 0.4%)
  • 15:30 – US Unemployment Rate (Exp. 3.5%, Previous: 3.5%)

*Not investment advice.