Weekly Roundup: Key Developments for Bitcoin (BTC) and Cryptocurrency Investors

  • The world of cryptocurrency is set to experience significant developments this week, with major events that could potentially impact all financial markets.
  • These developments, which range from macroeconomic news to technical analysis, are crucial for the cryptocurrency market.
  • We have compiled a list of these key financial events scheduled to take place between May 13th and May 19th for our valued readers.

Stay informed with our comprehensive guide to the week’s most important cryptocurrency events, from Binance listings to major economic data releases.

May 13th: Binance and zkSync Developments

On Monday, May 13th, cryptocurrency exchange Binance is set to list BounceBit (BB) at 13:00 (TSI). In addition, a network upgrade for zkSync is also scheduled for the same day.

May 14th: Economic Data and Federal Reserve Announcement

On Tuesday, May 14th, the U.S. Producer Price Index (PPI) data will be released at 13:30 (TSI). Federal Reserve Chairman Jerome Powell is also expected to make a statement at 17:00 (TSI).

May 15th: Consumer Price Index and Bitcoin Cash Upgrade

On Wednesday, May 15th, the U.S. Consumer Price Index (CPI) data is set to be announced. The expectation is 3.4, with the previous figure at 3.5. The announcement is scheduled for 15:30 (TSI). Additionally, Bitcoin Cash (BCH) is set to undergo a network upgrade.

May 16th: Binance Listing and SEC Conference

On Thursday, May 16th, Binance is set to list another Launchpool project, Notcoin (NOT). The U.S. Securities and Exchange Commission (SEC) is also set to hold a conference on rising trends.

May 17th: TCMB Inflation Forecast

On Friday, May 17th, the Central Bank of the Republic of Turkey (TCMB) is set to publish its year-end inflation forecast at 10:00.

Conclusion

This week promises to be an eventful one for the cryptocurrency market, with significant developments expected across various platforms and economic sectors. Stay informed and prepared by keeping an eye on these key events.

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Jocelyn Blake
Jocelyn Blakehttps://en.coinotag.com/
Jocelyn Blake is a 29-year-old writer with a particular interest in NFTs (Non-Fungible Tokens). With a love for exploring the latest trends in the cryptocurrency space, Jocelyn provides valuable insights on the world of NFTs.
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