Ethereum

Spot

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/we-summarize-key-crypto-developments-for-the-week/" data-wpel-link="internal">We Summarize Key Crypto Developments for the Week</a><br></p>
<p style="text-align: justify">As every week, this Sunday we have compiled the important developments for cryptocurrencies for you. Last week, we mentioned that the US inflation data could trigger volatility. Amid <a href="https://finance.coin-turk.com/" data-wpel-link="external" target="_blank" rel="nofollow noreferrer">investors</a>‘ optimism about April inflation data, this rise towards $67,000 was already expected. BTC increased by 10% as anticipated. So, what will happen next week?</p> 
<h2 style="text-align: justify" id="important-developments-in-cryptocurrencies">Important Developments in Cryptocurrencies</h2> 
<p style="text-align: justify"><strong>Being aware of the calendar</strong> is important for crypto because major developments have significant impacts on prices. Investors prepared for volatility can turn the process to their advantage. One of the biggest events of the week will be the SEC’s decision on <strong>Spot Ether ETF</strong>. So, what are the other events?</p> 
<h3 style="text-align: justify" id="monday-may-20">Monday, May 20</h3> 
<ul style="text-align: justify"> 
 <li>15:45 Fed/Bostic</li> 
 <li>16:00 Fed/Barr and Waller will Speak</li> 
 <li>17:30 Fed/Jefferson</li> 
 <li>21:00 Fed/Mester</li> 
 <li>PYTH Unlocking (2.13 Billion Units, $943 Million)</li> 
</ul> 
<h3 style="text-align: justify" id="tuesday-may-21">Tuesday, May 21</h3> 
<ul style="text-align: justify"> 
 <li>11:00 US Treasury Secretary Yellen will Speak</li> 
 <li>Fed/Williams, Bostic, and Barr Statements</li> 
 <li>Chiliz Dragon8 Hard Fork</li> 
</ul> 
<h3 style="text-align: justify" id="wednesday-may-22">Wednesday, May 22</h3> 
<ul style="text-align: justify"> 
 <li>21:00 Fed Minutes will be Released</li> 
 <li>AVAX Unlocking ($354 Million)</li> 
 <li>ID ($14 Million)</li> 
 <li>NVIDIA Earnings Report</li> 
</ul> 
<h3 style="text-align: justify" id="thursday-may-23">Thursday, May 23</h3> 
<ul style="text-align: justify"> 
 <li>15:30 US Unemployment Claims (Expectation: 221K Previous: 222K)</li> 
 <li>16:45 Manufacturing PMI (Expectation: 50.1 Previous: 50)</li> 
 <li>16:45 Services PMI (Expectation: 51.5 Previous: 51.3)</li> 
 <li>14:00 CBRT Interest Rate Decision</li> 
 <li>VanEck Spot <a href="https://en.coin-turk.com/ethereum-price-momentum-gains-as-key-levels-are-tested/" data-wpel-link="internal">Ethereum</a> ETF Final Decision Date</li> 
</ul> 
<h3 style="text-align: justify" id="friday-may-24">Friday, May 24</h3> 
<ul style="text-align: justify"> 
 <li>ASI will be Launched (<strong>FET</strong>, AGIX, and OCEAN Merging)</li> 
 <li>ARK&amp;21Shares<strong> Spot Ethereum ETF</strong> Final Decision Date</li> 
</ul> 
<h2 style="text-align: justify" id="cryptocurrency-commentary">Cryptocurrency Commentary</h2> 
<p style="text-align: justify">Throughout the week, we will constantly hear statements from Fed members. Both before the Fed minutes and after the recent inflation data, the comments will be quite important. There will be major unlockings, and starting from the beginning of the week, this situation may make investors anxious about the related altcoins.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="wp-image-353128 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/05/asi-coin-.png" alt="" width="1129" height="623"></p> 
<p style="text-align: justify"><strong>NVIDIA earnings report</strong> is approaching. This situation is likely to bring activity to <a href="https://newslinker.co/" data-wpel-link="exclude">AI</a> tokens. On the other hand, on Friday, 3 major AI altcoins will merge into a single token with the ASI project. This could bring volatility for tokens outside the trio. Investors will receive 1:1 tokens for FET Coin, while the ratio varies for others. So, probably the price of ASI Coin will be close to the price of FET. And finally, <strong>Spot Ethereum ETF</strong> decisions, we have talked about this extensively throughout the week and will continue to do so.</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/we-summarize-key-crypto-developments-for-the-week/" data-wpel-link="internal">We Summarize Key Crypto Developments for the Week</a></h5>

We Summarize Key Crypto Developments for the Week

目錄

COINTURK NEWS

在 2024年5月19日發表的其他文章

We asked ChatGPT-4o what will be Cardano price at the end of 2024; Here’s what it said

Solana hits $175, faces pullback: What’s next for SOL?

A new era is dawning with Ripple’s stablecoin.

Why Bitcoin Whales Are Eyeing These Altcoins

Phantom Wallet Soars to #3 on Apple App Store

Cryptocurrency Market Shows Stability Over the Weekend

訂閱免費電子報，每天收取加密貨幣最新動態！