Watch Out: A Critical Week Ahead, with Numerous Altcoin Events and Economic Developments – Here’s the Day-by-Day, Hour-by-Hour List

Date:

Share post:

The cryptocurrency market experienced a decline this week as US tariffs, which were suspended by Donald Trump, came back into the spotlight.

The world’s largest cryptocurrency, Bitcoin, has fallen by 1.87% in the last week. After seeing below $104,000, BTC is trading just above $105,000 at the time of writing, with a slight recovery.

However, many economic developments and altcoin events in the new week may affect the cryptocurrency market. Here is the weekly cryptocurrency calendar we have prepared specially for you as Bitcoinsistemi.com.

(All times are stated as UTC+3 Türkiye time)

Monday, June 2

  • LA – Lagrange, airdrop registrations are ending.
  • ENA – Ethena (ENA) unlocks 95 million tokens worth approximately $36 million.
  • 20:00 – FED Chairman Jerome Powell will speak.

Tuesday, June 3

  • WEMIX – WEMIX is being delisted from South Korean cryptocurrency exchanges.
  • COW – CoW Protocol will aim to conduct more efficient and fair trading by upgrading its core mechanism from single Mass Auctions to Fair Combinatorial Auctions (FCA). Testing will begin around May 20th, with full availability expected by June 3rd.
  • South Korea is set to hold a presidential election where all of the most likely candidates are crypto-friendly.
  • The SEC had delayed its decision on physical subscriptions and redemptions for WisdomTree and VanEck’s spot Bitcoin and Ethereum ETFs until today.
  • 12:00 – Eurozone Consumer Price Index (CPI) Annual (Expectation: 2%, Previous: 2.2%)

Wednesday June 4th

  • The House Financial Services Committee will hold a second full hearing on legislation surrounding crypto market structure and stablecoin regulation.
  • 21:00 – FED will publish the Beige Book document.

Related News: Michael Saylor Gives Another Bullish Signal That He Will Buy Bitcoin: Here’s How Much BTC He Currently Owns

Thursday June 5th

  • 15:15 – The European Central Bank will announce its interest rate decision. (Expectation is for a 25 basis point interest rate cut)
  • 15:30 – US Initial Jobless Claims (Previous: 240k, Expected: 232k)
  • 15:45 – The European Central Bank will hold a press conference.

Friday June 6th

  • SIA – The upcoming V2 hardfork is the most significant update in Sia’s history, bringing major changes that are reshaping the future of the network.
  • Upbit will be restricting cryptocurrency deposits and withdrawals for new customers from March 7 to June 6, following a partial shutdown by South Korean financial authorities.
  • SEC Crypto Task Force Roundtable on DeFi will be held.
  • 15:30 – US Unemployment Rate Data (Expected: 4.2%, Previous: 4.2%)
  • 15:30 – US Average Hourly Earnings Monthly (Expected: 0.3%, Previous: 0.2%)
  • 15:30 – US Nonfarm Payrolls (Expected: 130k, Previous: 177k)

Saturday, June 7th

  • BLUM – Snapshots will be taken for the BLUM airdrop.
  • Berlin Blockchain Week begins.

*This is not investment advice.

Continue Reading: Watch Out: A Critical Week Ahead, with Numerous Altcoin Events and Economic Developments – Here’s the Day-by-Day, Hour-by-Hour List

Leave a reply

Please enter your comment!
Please enter your name here

spot_img

Related articles

The Blockchain Group Buys $69 Million Worth of Bitcoin

Bitcoin Magazine The Blockchain Group Buys $69 Million Worth of Bitcoin French tech firm completes acquisition of 624 BTC through...

Cardano Whales Strike Big: $126M Weekly Buying Spree as ADA Bulls Eye $2.91 Moonshot

Despite slightly dropping below the psychological price of $0.70, Cardano (ADA) continues to traverse a strong demand zone. According...

Solana Leads in Daily Activity Despite Retracing in a Broadening Ascending Structure

Even though Solana’s daily active addresses are going through the roof, the sixth-largest cryptocurrency based on market capitalization...

Bitwise CIO Lauds Ripple’s XRP Loyal Base, Says XRP Not Competing with Bitcoin

Cryptocurrency markets often fixate on rivalries. Bitcoin vs. Ethereum. Solana vs. Hyperliquid. But at a Las Vegas conference...