Following an optimistic period, the upcoming week brims with events poised to influence the cryptocurrency Altcoins landscape.
The cryptocurrency sphere is on the verge of concluding the week on a positive note, spearheaded by Bitcoin. Data indicating a deceleration in U.S. inflation, coupled with anticipations of potential Federal Reserve interest rate reductions, have fueled this momentum.
Bitcoin’s value has surged by approximately 8% over the past week, currently trading at $66,700.
In the forthcoming week, cryptocurrency aficionados will continue to monitor economic indicators and altcoin happenings.
AltCoins by week:
Below is a meticulously curated cryptocurrency agenda for the wee.
Monday, May 20
- GLMR – Moonrise inauguration
- IRIS – IRISnet Mainnet 3.0
- ZIL – Zilliqa v9.3.4 update
Tuesday, May 21
- LSK – Migration snapshot
- CHZ – Dragon8 Hard Fork
- AZERO – MOST bridge launch
- 11:00 – Speech by US Treasury Secretary Janet Yellen
Wednesday, May 22
- 23:05 – NVIDIA’s earnings report announcement, potentially impacting AI-centric altcoins
- JUP – LFG Launchpad voting
- FLOW – Crescendo Hard Fork
- 21:00 – Publication of the Federal Reserve meeting minutes
Thursday, May 23
- Deadline for VanEck Ethereum ETF
- ELF – V1.9.0 update
- NTRN – V3.0.5 update
- AMB – AirCON 2024
- 15:30 – US Initial Unemployment Claims (Forecast: 221k, Previous: 222k)
Friday, May 24
- ARK 21Shares Ethereum ETF final decision date
- ASI – Launch of the combined token ASI following the merger of FET, AGIX, and OCEAN tokens
- Mocaverse – Token creation event
This calendar encapsulates the critical junctures anticipated in the week ahead, with significant ramifications for the crypto market. Keep a vigilant eye on these dates to navigate the evolving financial landscape effectively.