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Reading: Important Developments in Cryptocurrencies for the Week of 17-24 November
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EdaFace Newsfeed > Latest News > Crypto News > Important Developments in Cryptocurrencies for the Week of 17-24 November
Crypto News

Important Developments in Cryptocurrencies for the Week of 17-24 November

vitalclick
Last updated: November 17, 2024 7:34 am
5 months ago
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Contents
Important Cryptocurrency Developments of the WeekMonday, November 18Tuesday, November 19Wednesday, November 20Thursday, November 21Friday, November 22Cryptocurrencies Will Be Mobilized

cryptocurrency November hosted huge gains for the markets due to the impact of the elections. Many altcoins have made and will continue to make important announcements in order to differentiate positively in the uptrend. Although the latest US data caused a short break in the rise, it is possible that we will see a further rise in the coming days depending on the data to come.

Important Cryptocurrency Developments of the Week

Today, as every week, we are discussing the important developments that await cryptocurrency investors in the coming days. It is important to prepare for big events in advance because these days, booms and busts are coming in plain sight. For example, it was almost certain that Gensler would resign after the elections, and XRP Coin We mentioned that the price may increase. The expected happened and today XRP Coin is over $1. As a matter of fact, the same goes for DOGE, Elon MuskDogecoin’s DOGE department proposal will be implemented. $0.374692 It fueled the rise on the side.

We have shared the new important developments of the week with day and time details below. We will also continue to announce these important developments at the last minute throughout the week.

Monday, November 18

  • 18:00 Fed/Goolsbee
  • 21:30 President of the European Central Bank will speak
  • G20 Meeting
  • AVAX Unlock ($59.9 Million)
  • ROSE ($14.5 Million)

Tuesday, November 19

  • 13:00 European Inflation (Expected and Previous: 2.7%)
  • 21:10 Fed/ Schmid

Wednesday, November 20

  • 19:00 and 20:15 Fed/Cook – Bowman Statements
  • North America Blockchain Summit (Senators, Representatives, CFTC Members Will Speak)

Thursday, November 21

  • 00:20 NVIDIA Earnings Report
  • 14:00 CBRT Interest Rate Decision (Expectation: Fixed)
  • 16:30 US Unemployment Claims (Expected: 220K Previous: 217K)
  • ADA Coin ($13.2 Million)

Friday, November 22

  • 00:40 Fed/Barr
  • 17:45 US Services PMI (Previous: 55)

Cryptocurrencies Will Be Mobilized

We may learn the name Trump is considering for the SEC in the coming days. Once this is officially announced, everyone will wait for Gensler to give a clear date or signal for resignation. cryptocurrency The departure of the person who has been giving investors a nightmare for 4 years as the head of the SEC is an important reason for the rise.

We can see that Trump’s possible new statements about cryptocurrencies also contribute to the price rise. In addition to all this, altcoin teams will continue to make partnership and upgrade announcements for positive divergence.

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

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