🚨 Crypto Week Ahead: 5 Events Traders Should Watch🚨
The crypto market has entered the week of October 12 with several major events approaching.
1. US Inflation Data - Oct 14
September CPI report scheduled for Oct 14 at 8:30am ET. Forecast 0.6 percent monthly increase and 3.6 percent annual rise. Previous readings were 0.4 percent and 3.4 percent. Core CPI expected to rise 0.2 percent monthly and 2.5 percent annually.
2. PPI and Ethereum Developers Meeting - Oct 15
September PPI report at 8:30am ET on Oct 15, forecast 0.5 percent monthly and 5.3 percent annually. Same day US retail sales and jobless claims. Ethereum developers 189th All Core Developers Consensus call at 10am ET to discuss Glamsterdam upgrade which introduces proposer builder separation and block access lists. Glamsterdam already live on Sepolia testnet Oct 6.
3. Stablecoin and DeFi Governance - Oct 16
Singapore Monetary Authority stablecoin regulation consultation closing Oct 16. ArbitrumDAO proposal for USDG strategic stablecoin voting from Oct 15 to Oct 22, includes 100M ARB incentive increase. Balancer deadline Oct 16 for V3 pool extension requests.
4. Token Unlocks and Bank Earnings
Token unlocks valued at more than 100M this week. US bank earnings also scheduled. Gitcoin quorum reduction vote deadline Oct 15, from 2.5M GTC to 1.5M GTC.
5. Other Global Data
China September inflation Oct 13, UK August GDP Oct 15, Eurozone final September inflation Oct 16. US bond markets closed Oct 12 for Columbus Day.
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Thank you.
$ETH
#SeptemberCPIWatch #BlurPlansToRetireBlurioFrontendOnNov12 #EvernorthNasdaqDebutClosesDown1.05% #CryptoWeeklyUpdate #CPIdata
The crypto market has entered the week of October 12 with several major events approaching.
1. US Inflation Data - Oct 14
September CPI report scheduled for Oct 14 at 8:30am ET. Forecast 0.6 percent monthly increase and 3.6 percent annual rise. Previous readings were 0.4 percent and 3.4 percent. Core CPI expected to rise 0.2 percent monthly and 2.5 percent annually.
2. PPI and Ethereum Developers Meeting - Oct 15
September PPI report at 8:30am ET on Oct 15, forecast 0.5 percent monthly and 5.3 percent annually. Same day US retail sales and jobless claims. Ethereum developers 189th All Core Developers Consensus call at 10am ET to discuss Glamsterdam upgrade which introduces proposer builder separation and block access lists. Glamsterdam already live on Sepolia testnet Oct 6.
3. Stablecoin and DeFi Governance - Oct 16
Singapore Monetary Authority stablecoin regulation consultation closing Oct 16. ArbitrumDAO proposal for USDG strategic stablecoin voting from Oct 15 to Oct 22, includes 100M ARB incentive increase. Balancer deadline Oct 16 for V3 pool extension requests.
4. Token Unlocks and Bank Earnings
Token unlocks valued at more than 100M this week. US bank earnings also scheduled. Gitcoin quorum reduction vote deadline Oct 15, from 2.5M GTC to 1.5M GTC.
5. Other Global Data
China September inflation Oct 13, UK August GDP Oct 15, Eurozone final September inflation Oct 16. US bond markets closed Oct 12 for Columbus Day.
Follow for more crypto updates
Thank you.
$ETH
#SeptemberCPIWatch #BlurPlansToRetireBlurioFrontendOnNov12 #EvernorthNasdaqDebutClosesDown1.05% #CryptoWeeklyUpdate #CPIdata