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Reading: 23-29 December: 9 Developments Concerning Cryptocurrencies
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EdaFace Newsfeed > Latest News > Crypto News > 23-29 December: 9 Developments Concerning Cryptocurrencies
Crypto News

23-29 December: 9 Developments Concerning Cryptocurrencies

vitalclick
Last updated: December 22, 2024 7:46 am
5 months ago
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Contents
Cryptocurrencies Important Developments of the WeekMonday, December 23Tuesday, December 24Wednesday, December 25Thursday, December 26Friday, December 27Expectations in Cryptocurrencies

We are now coming to the end of December and cryptocurrencies have experienced exciting days in the last quarter of this year. Especially Bitcoin $98,538.2Reaching 6-digit prices, which is a historical turning point, increased investors’ hopes for the coming period. What important developments concern cryptocurrency investors as the year ends? Here are the important developments of the week

Cryptocurrencies Important Developments of the Week

Today, as every week, we will take a look at the important developments that concern cryptocurrency investors over the next 7 days. We have all experienced together how the data to be announced, future announcements specific to altcoins and much more affect the price over the years.

In order to prepare for volatility, it is important to take note of these important developments, the date and time of which are known. Especially BTCGood news specifically for altcoins may have a much greater impact on prices in the possible general market turnaround following the recent sharp decline of .

Monday, December 23

  • MRS Lock Opening ($38.4 Million)

Tuesday, December 24

  • 16:30 US Durable Goods Orders (Expected: -0.2% Previous: 0.3%)

Wednesday, December 25

  • US Markets Holiday
  • ENA ($13.16 Million)
  • Binance Will Delist BLZ, AKRO, WRX

Thursday, December 26

  • 14:00 CBRT Interest Rate Decision (Expected: 48.25% Previous: 50%)
  • 16:30 US Unemployment Claims (Expected: 222K Previous: 220k)
  • ADA Coin ($16.49 Million)

Friday, December 27

  • IMX Coin ($32.36 Million)

Expectations in Cryptocurrencies

There is no significant development on the macroeconomic front and it will continue like this until the end of the year as we enter the holiday season. Below you see the interest rate expectations of the markets for 2025 (from meeting to meeting). If the data to come as of the new year changes this picture, it will be positive or negative. BTC We will see the reflections of this in the graph.

Altcoin lock openings are not massive, but a new round of declines could be seen even though Binance delist transactions are already priced by the relevant altcoins. It may have been a generally quiet week, but when Trump took the microphone and suddenly started talking about Bitcoin, Powell Bitcoin Events such as criticism about the issue or announcing that the Bitcoin reserve will be implemented by the Ministry of Treasury can trigger parabolic rises.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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