Following significant declines in Bitcoin (BTC) and altcoins last week, investors in the cryptocurrency market are now focused on the critical economic data to be released this week.
With inflation data released last week, particularly in the US, there is much speculation about what decision the Fed will make at its December meeting. The Federal Open Market Committee (FOMC) meeting minutes, to be released on Wednesday, are expected to provide important clues about the future of monetary policy.
However, US data, the Eurozone’s final inflation figures, and the financial results of AI giant NVIDIA are also considered to have potential impacts on risky assets.
Here is the weekly cryptocurrency and economic calendar we have specially prepared for you at Bitcoinsistemi.com.
(All times are given in UTC+3 Turkish time.)
Monday, November 16
MEXC will completely cease its operations in the Dutch market.
Coinbase CEO Brian Armstrong’s plan to sell up to 8.16 million shares is expected to begin implementation.
The Federal Reserve will hold a Productivity and Jobs Task Force conference to assess the impact of artificial intelligence and new technologies on the economy and employment.
09:00 – SOPH – South Korean cryptocurrency exchanges Upbit and Bithumb will delist Sophon.
09:00 – ZIL – Upbit will delist the KRW and BTC pairs on which Zilliqa is traded.
13:00 – Federal Reserve member Michael Barr will speak about artificial intelligence and financial stability.
14:03 – CRO – Approximately 1.17 billion CRO tokens will be unlocked on Cronos. The estimated value of the unlock is $60 million.
16:00 – ARB – Approximately 92.65 million ARB tokens will be unlocked on Arbitrum. The estimated value of the unlock is $15.27 million.
8:00 PM – Federal Reserve Chairman Kevin Warsh will speak at a conference on artificial intelligence, productivity, and the future of employment.
Tuesday, November 17
Universal, a cross-chain asset management protocol, will completely cease operations.
New regulations targeting cryptocurrency transactions by individual investors will come into effect in Russia.
17:10 – FED member Christopher Waller will give a speech.
Wednesday, November 18
Netflix is planning to release The Altruists, a series about the collapse of FTX.
Harmony blockchain network plans to discontinue its current block explorer service.
Upbit will end withdrawal support for its Icon (ICX) token, which it previously delisted.
00:20 – NVIDIA is expected to announce its third-quarter financial results.
01:00 – NVIDIA will hold an investor conference call regarding its third-quarter financial results.
12:00 – Binance Wallet will restart the Predict (PREDICT) token generation event (TGE).
13:00 – Euro Area October Consumer Price Index (CPI) – Annual, Final (Preliminary: 4.0%, Previous month: 3.8%)
13:00 – Euro Area October Core CPI – Annual, Final (Preliminary: 2.5%)
21:35 – FED member Michael Barr will give a speech.
22:00 – The minutes of the Fed’s October 27-28 FOMC meeting will be released.
Thursday, November 19
The U.S. Securities and Exchange Commission (SEC) will be holding a national compliance seminar for investment advisors and investment firms. A session on crypto assets is also expected to be included in the event.
16:30 – US Initial Jobless Claims (Expected: 197,000, Previous: 200,000)
17:25 – Federal Reserve Vice Chairman Philip Jefferson will give a speech.
22:15 – Federal Reserve member Michael Barr will speak on artificial intelligence and financial regulation.
Friday, November 20
Phala Network will begin a phased automated upgrade process for CVM systems that have not yet been updated.
2 PM – ZRO – Approximately 23.29 million ZRO tokens will be unlocked on LayerZero. The estimated value of the unlock is $39.12 million.
16:25 – FED member Christopher Waller will give a speech.
18:00 – University of Michigan Consumer Confidence Index – Final November Data (Expected: 53.3, Preliminary: 51.0)
18:00 – University of Michigan, USA – One-Year and Five-Year Inflation Prospects – Final data will be released.
18:00 – Eurozone November Consumer Confidence Index – Preliminary (Expected: -17.3, Previous: -17.9)
20:15 – FED member Lisa Cook will give a speech.
*This is not investment advice.
