Cryptocurrency

Core

The Sandbox

Aptos

Impact

<p style="text-align: justify">As we do every week, today we are sharing important developments that will affect cryptocurrencies next week. The potential effects of major developments on the price can be predicted, and it is possible to prepare for them. The upcoming week is pregnant with quite important developments for cryptocurrency markets, and volatility may increase.</p>
<h2 id="important-developments-of-the-week">Important Developments of the Week</h2>
<p style="text-align: justify">We have entered the Federal Reserve (Fed) week, and since the interest rate decisions have remained the same for the last few meetings, it has no effect on the market. However, a possible change in tone or an overly hawkish stance in the opposite direction could negatively affect prices. The employment data that came on Friday were the kind to upset Fed members. We are in for a week where we need to be on alert with the data to come in the following days.</p>
<h3 id="monday-december-11">Monday, December 11</h3>
<ul>
 <li>GLMR Lock Opening ($4.32 Million)</li>
 <li><a href="http://en.coin-turk.com/chainlink-link-holders-under-strain-an-in-depth-analysis/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Chainlink</a> Public Staking V0.2</li>
</ul>
<h3 id="tuesday-december-12">Tuesday, December 12</h3>
<ul>
 <li>16:30 US Core CPI (Previous: 4%)</li>
 <li>16:30 US CPI (Expectation: 3.1% Previous: 3.2%)</li>
 <li>Aptos (APT) Lock Opening ($200 Million)</li>
 <li>The Sandbox Will Release GM 0.9</li>
</ul>
<h3 id="wednesday-december-13">Wednesday, December 13</h3>
<ul>
 <li>16:30 US Core PPI (Monthly Expectation: 0.2% Previous: 0%)</li>
 <li>16:30 US PPI (Monthly Expectation: 0.1% Previous: -0.5%)</li>
 <li>Fed Interest Rate Decision (Expectation: Steady)</li>
 <li>Fed Long-Term Interest Rate Forecasts</li>
 <li>Powell Will Speak</li>
</ul>
<h3 id="thursday-december-14">Thursday, December 14</h3>
<ul>
 <li>16:15 European Central Bank Interest Rate Decision (Expectation: Steady)</li>
 <li>16:30 US Core Retail Sales (Expectation: -0.1% Previous: 0.1%)</li>
 <li>16:30 US Unemployment Benefit Claims (Expectation: 223K Previous:220K)</li>
 <li>Polygon (MATIC) Public ZK Demo</li>
</ul>
<h3 id="friday-december-15">Friday, December 15</h3>
<ul>
 <li>17:45 US Manufacturing, Service PMI Data</li>
 <li>CYBER Lock Opening ($8.6 Million)</li>
 <li><a href="http://en.coin-turk.com/binance-introduces-binance-web3-wallet-a-secure-and-innovative-crypto-wallet/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Binance</a> BUSD Delist</li>
</ul>
<h2 id="cryptocurrency-predictions">Cryptocurrency Predictions</h2>
<p style="text-align: justify">The upcoming week is pregnant with many big events, and investors need to be prepared for volatility. The previous inflation data came extremely positive, but the new data coming before the Fed meeting could have devastating consequences if it is high. Moreover, the dot plot, which is the statement of opinion for long-term interest rate targets, will also be published at this meeting. This will show whether Fed members really expect a 100bp+ cut as the market expects next year.</p>
<p style="text-align: justify"><img decoding="async" class="wp-image-286986 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/12/Fed-Powell.png" alt="" width="522" height="295"></p>
<p style="text-align: justify">Developments specific to Altcoins could cause prices to positively diverge. Nervousness in the market may increase towards Tuesday, and it would not be surprising to see a decline with heavy profit sales depending on the situation on Wednesday. Investors should be aware of the high risk.</p>
<div class="sorumluluk_reddi"><strong>Disclaimer:</strong> The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and thus risk, and should conduct their transactions in accordance with their own research.
</div> <span style="font-weight:bold;font-size:16px">Continue Reading:</span> <a href="https://en.coin-turk.com/upcoming-developments-that-will-significantly-impact-cryptocurrency-markets/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/upcoming-developments-that-will-significantly-impact-cryptocurrency-markets/</a>

Upcoming Developments That Will Significantly Impact Cryptocurrency Markets

Table of Contents

COINTURK NEWS

Other articles published on Dec 10, 2023

LasMeta Voting - Buidl on Polygon #1 Quadratic Funding Grant Round

Famed Analyst Asserts Bitcoin Tops All Assets in Risk-Adjusted Returns

XRP: Analyst Unveils Key Resistance and Support Levels for $1 Milestone

dYdX and Injective rise due to new updates while QUBE presale crosses $6.4M

Asia's weekly TOP10 crypto news (Dec 4 to Dec 6)

Cardano (ADA) Price At 18-Month High, Will the Rally Continue?

Join our free newsletter for daily crypto updates!