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Top #CryptoNews of This Week

1️⃣June's US Consumer Price Index (
#CPI) annual inflation rose by 3.0%, which is lower than the expected 3.1%.

2️⃣ Citi predicted consecutive rate cuts by the
#Fed starting in September for eight times

3️⃣
#Trump spoke at the 2024 Bitcoin conference in Nashville, influencing #cryptocurrency support

4️⃣ U.S. Republican Party endorsed multiple pro-crypto policies for the 2024 election platform.

5️⃣ Germany's government sold its final
#Bitcoin holdings (Currently ZERO) on July 12, as reported by Arkham Intelligence.

6️⃣ The ETF Store President Nate Geraci, anticipates
#Ethereum Spot #ETF to launch Next week of July 15.

7️⃣ Cboe submitted 19b-4 form for VanEck and 21Shares
#SolanaETF to SEC.

8️⃣ Goldman Sachs plans three tokenization projects by year-end, including
#crypto derivatives trading.

9️⃣ TRM Labs reported hackers stole $1.38 billion in cryptocurrency in first half of 2024.

🔟 Vitalik warned Ethereum to prepare for potential 51% attack, emphasizing network security
.
Important Dates of this week to keep eye on:

#Crypto #CryptoNews

July 15 (Monday) :
#Fed Chair #Powell Speaks

July 17 (Wednesday) : UK
#CPI Inflation

July 18 (Thursday) : UK Unemployment

July 18 (Thursday) : EU Interest Rate Decision

July 15-18 (Estimated) :
#ETH #ETF Launch

Total of 11 Fed speaker events this week
Key Events in #Crypto This Week

1️⃣ JULY 30 (TUESDAY) : EU 🇪🇺
#GDP Q2

2️⃣JULY 31 (WEDNESDAY) : 🇪🇺EU
#CPI INFLATION

3️⃣ JULY 31 (WEDNESDAY) : US 🇺🇸INTEREST RATE

4️⃣AUGUST 01 (THURSDAY) : 🇬🇧UK INTEREST RATE

5️⃣ AUGUST 02 (FRIDAY) US🇺🇸UNEMPLOYMENT

6️⃣ July End Ripple vs SEC Settlement (Speculated)


#cryptonews #cryptomarket #bitcoin
Key Events to Watch in #Crypto This Month

🟡1 Aug 2024 : #FED Chair Jerome Powell Holds a Monetary policy Press Conference

🟡2 Aug 2024: US July #Unemployment Rate

🟡13 Aug 2024: US July #PPI (8:30 A.M. Eastern Time)

🟡14 Aug 2024 : US July #CPI (8:30 A.M. Eastern Time)

🟡16 Aug 2024: #FTX Consumer Voting Deadline

🟡19 Aug to 21 Aug 2024: #Web3 Summit berlin 2024
Key Events This Week

#Crypto #Cryptonews

1️⃣
#Trump & #ElonMusk's interview (August 12th 2024)- Monday- 8:00 PM ET

2️⃣ July
#PPI Inflation data (August 13, 2024) - Tuesday - 8: 30 AM ET

3️⃣ July
#CPI Inflation data(August 14, 2024) - Wednesday- 8:30 AM ET

4️⃣
July Retail Sales data(August 15th, 2024) - Thursday - 12:30AM ET

5️⃣Initial Jobless Claims- USA (August 15th, 2024) - Thursday - 8: 30AM ET
BREAKING : July's Producer Price Index (#PPI) came in below expectations, increasing by just +0.1% MoM instead of the anticipated +0.2% (+2.2% YoY vs +2.3% YoY).

🔵This outcome boosts the
#FED's confidence that inflation is easing, reinforcing the argument for potential rate cuts.

🔵Attention now shifts to tomorrow's
#CPI report! (Scheduled at 8:30 A.M. Eastern Time)

Source: https://www.bls.gov/news.release/ppi.nr0.htm

#Crypto #CryptoNews
🚨"Today is a major day—CPI day!"🚨

#CryptoMarket remains steady, with today’s data likely setting the trend.

🚨ALERT :
#CPI data will be in 15 Minutes
BREAKING: 🇺🇸 US inflation falls to 2.9%, lower than expectations.

Source:
https://www.bls.gov/news.release/cpi.nr0.htm

#USCPI #Crypto #CryptoNews #Cryptomarket #Bitcoin #CPI
💥It’s been a great week for economic data!💥

#PPI (YoY): 2.2%, better than the 2.3% forecast

#CPI (YoY): 2.9%, just under the 3.0% estimate

#Retail Sales (MoM): +1.0%, smashing the 0.4% expectation

Weekly
#JoblessClaims: 227K, lower than the 236K predicted

Are rate cuts on the horizon? 📉👀

#Fed #crypto #CryptoNews
Top #CryptoNews of This Week

1️⃣ In July, U.S.
#CPI rose 0.2%, jobless claims dropped, retail sales increased 1%.boosting rate cut expectations

2️⃣
#Ethereum network gas fees hit a five-year low on Aug10., dropping below 2 gwei

3️⃣ 🇯🇵 BOJ's Sakurai stated no more rate hikes expected for this year

4️⃣ Goldman Sachs and Morgan Stanley acquired $600M+ in Bitcoin ETFs in Q2

5️⃣ 🇳🇴 Norway’s sovereign wealth fund increased BTC holdings to 2,446 BTC

6️⃣ SEC sent letters to VCs about Uniswap Labs’ unregistered exchange status

7️⃣ 🇺🇸 Marathon Digital started marking Bitcoin blocks as “Made in USA”

8️⃣
#MetaMask partnered with Mastercard to launch a blockchain-based debit card

9️⃣Venezuelan government blocked access to
#Binance,Twitter, and other services

🔟
#VitalikButerin donated all “animal coins” received last year to charity

1️⃣1️⃣Binance resumed operations in India as a registered crypto exchange after a 7-month ban

1️⃣2️⃣Dubai court acknowledged
#cryptocurrency as a valid form of salary payment
🌟Key Events to Watch in September Month

1️⃣ 06 Sep - US payrolls/Unemployment data.

2️⃣ 10 Sep - Presidential Debate in the U.S. (
#Trump vs #Kamala)

3️⃣ 11 Sep -
#CPI Data Update.

4️⃣ 12 Sep -
#PPI Data Update.

5️⃣ 17-18 Sep -
#FOMC Meeting.

6️⃣ 29 Sep -
#CZ’s release from prison.

#Crypto #cryptocurrency #CryptoNews
🚨 𝐂𝐫𝐲𝐩𝐭𝐨 𝐇𝐨𝐥𝐝𝐞𝐫𝐬, 𝐀𝐥𝐞𝐫𝐭! 😱

Only half a day left for the rate cut decision!

The market expects a 65% chance of a 50 BPS rate cut!

But usually, the #FED starts with a 25 BPS cut—except for:

🔻 2001 (dot-com crash) 🔻 2007 (Great Financial Crisis)

Both times, #CPI was under 3% and unemployment was over 4%.

If the FED delays a recession with QE and rate cuts, we could see a huge #crypto bull run 🚀.

If not, a recession might hit by Q1, which could hurt the market.


💬 How do you think this will affect #Bitcoin and #cryptomarket? Share your thoughts!

Source: https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html
🌟Significant Dates to Watch in October🌟

1️⃣ 4 Oct: Unemployment Rate & Non-Farm Payrolls.

2️⃣ 7 Oct:
#FTX Court Hearing.

3️⃣ 10 Oct:
#CPI Data Release.

4️⃣ 11 Oct:
#PPI Data Release.

5️⃣ 17 Oct:
#ECB Rate Decision.

#CoinPedia #CryptoNews #CryptoCommunity
Key Events this Week in #CryptoMarket

🔵October 9 (Wednesday) : HBO Documentary

🔵October 9 (Wednesday) :
#FOMC Minutes

🔵October 10 (Thursday) :US
#CPI Inflation

🔵October 11 (Friday) : September
#PPI Inflation data

Inflation and the Federal Reserve's rate cut will determine the future of the
#crypto market.
🚨 ATTENTION CRYPTO TRADERS: CPI DATA COMING SOON! ⚠️

The US
#CPI data will be released in 8 minutes.

Current: 2.4%
Expected: 2.6%

Possible Scenarios:

> 2.6%: Short-term dip for
#BTC
= 2.6%: Neutral impact
< 2.6%: Bullish for
#Bitcoin