Token

Core

Wednesday

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/weekly-crypto-investor-insights/" data-wpel-link="internal">Weekly Crypto Investor Insights</a><br></p>
<p>As with every Sunday morning, today we’re discussing the events of the upcoming week that concern crypto investors. We saw the market fluctuations on <strong>Fed Minutes</strong> day just a few days ago. Those who follow the week’s significant developments knew to expect high volatility on Wednesday, and the double-digit drop in altcoins wasn’t much of a surprise for them.</p> 
<h2 id="key-developments-of-the-week">Key Developments of the Week</h2> 
<p>If you’re investing in <strong><a href="https://coin-turk.com/o-artik-bir-technoking-ve-nft-saticisi-elon-muskin-surprizleri-bitmiyor" data-wpel-link="internal">cryptocurrency</a></strong> markets, you may not need to be very good at technical analysis, nor do you have to be good at everything. Not everyone needs to have technical skills. However, fundamental analysis and monitoring the <a href="https://newslinker.co/" data-wpel-link="exclude">news</a> flow is something that investors of all levels can easily do on their own. By following the outcomes of news on prices, you can sense the potential effects of upcoming developments and thus take positions.</p> 
<p>Every week, we share through <strong>COINTURK</strong> what kind of developments will occur on which day in a way that everyone can understand. Let’s quickly look at what awaits us as we head towards the end of February and the beginning of March.</p> 
<h3 id="february-27-tuesday">February 27, Tuesday</h3> 
<ul> 
 <li>16:30 US Core Durable Goods Orders</li> 
 <li>18:00 US Conference Board (CB) Consumer Confidence (Expectation: 114 Previous: 114.8)</li> 
 <li>NYM Token Unlock ($7 Million)</li> 
 <li>YGG Token Unlock ($8 Million)</li> 
 <li>DYDX, BONK Listing Voting Result</li> 
</ul> 
<h3 id="february-28-wednesday">February 28, Wednesday</h3> 
<ul> 
 <li>16:30 US Gross Domestic Product (GDP) (Expectation: 3.3% Previous: 4.9%)</li> 
 <li>20:00 Fed/Bostic and Williams</li> 
 <li>AGIX Token Unlock ($6.7 Million)</li> 
</ul> 
<h3 id="february-29-thursday">February 29, Thursday</h3> 
<ul> 
 <li>16:30 US Core Personal Consumption Expenditures Price Index (Expectation: 0.4% Previous: 0.2%)</li> 
 <li>16:30 US Unemployment Claims (Previous: 201K)</li> 
 <li>16:30 Personal Consumption Expenditures Price Index (Expectation: 0.3% Previous: 0.2%)</li> 
 <li>21:15 Fed/Mester</li> 
 <li><a href="https://en.coin-turk.com/crypto-market-plummets-in-24-hours-bitcoin-leads-the-drop/" data-wpel-link="internal">ETH</a> Denver</li> 
 <li>PRIME Token Unlock ($29 Million)</li> 
 <li>OP Token Unlock ($85.7 Million)</li> 
</ul> 
<h3 id="march-1-friday">March 1, Friday</h3> 
<ul> 
 <li>04:10 Fed/Williams</li> 
 <li>13:00 European Union CPI (Expectation: 2.5% Previous: 2.8%)</li> 
 <li>17:45 US Manufacturing PMI (Expectation: 51.5 Previous: 50.7)</li> 
 <li>18:30 Fed/Bostic</li> 
 <li>21:30 Fed/Daly</li> 
 <li>DYDX Token Unlock ($105 Million)</li> 
</ul> 
<h2 id="important-details">Important Details</h2> 
<p>The critical day of the week is Thursday, and high volatility can be expected in the crypto markets. Personal consumption expenditures need to be announced below the previous month and expectations. GDP is the second major event and will demonstrate the strength of the US economy; a bit of weakening here could be in favor of crypto investors.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-318924 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/02/DYDX-Kilit-Acilis.png" alt="" width="1185" height="683"></p> 
<p>On the other hand, announcements by Fed members are important. <strong>DYDX</strong> will have a significant amount of token unlocking this week, which is quite important in terms of market value.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/weekly-crypto-investor-insights/" data-wpel-link="internal">Weekly Crypto Investor Insights</a></h5>

Weekly Crypto Investor Insights

Table of Contents

COINTURK NEWS

Other articles published on Feb 25, 2024

Malicious code found in Tornado Cash governance proposal

Next Meme Coin to Explode In 2024 – Is $SMOG The Best Crypto To Buy Now?

BlockDAG Leads the Charge With 100x ROI, Killing Hype Around Meme Coins

Homeety’s Approach to Web3 Marketing

AVAX Price Prediction: Can AVAX Retain $50 Amid a Retracement?

Aleo Blockchain Incident Raises Privacy Concerns

Join our free newsletter for daily crypto updates!