This week in crypto news brings several key events and updates that could significantly impact the market. From major economic indicators to new partnerships and regulatory developments, here’s a comprehensive overview of what to expect and watch for in the cryptocurrency world.
Crypto News: Key Events Calendar for the Week
Monday, June 10:
- China, Hong Kong – Dragon Boat Festival – No trading
Tuesday, June 11:
- No significant events
Wednesday, June 12:
- China – Consumer Price Index (CPI) for May – 04:30
- USA – Consumer Price Index (CPI) for May – 15:30
- USA – Federal Reserve Rate Decision – 21:00
- USA – Conference with Jerome Powell – 21:30
Thursday, June 13:
- USA – Producer Price Index (PPI) for May – 15:30
- USA – Initial Jobless Claims – 15:30
- USA – Federal Reserve Balance – 23:30
Friday, June 14:
- No significant events
Crypto News Highlights
LayerZero TGE
The Token Generation Event (TGE) for LayerZero is set to take place in the first half of 2024, as announced by the CEO of LayerZero. Source
Ripple’s Expansion in Georgia
The digital currency Ripple is looking forward to entering Georgia, and over the weekend, its representatives met with the National Bank of Georgia to discuss possible cooperation between them on the issues of digitalization of the Georgian economy. In November 2023, the National Bank of Georgia announced that it had partnered with Ripple to release a Central Bank Digital Currency (CBDC).. Source
DWF Labs Founder Predicts Altseason
The founder of DWF Labs believes that an altseason could start within a few months, provided Bitcoin’s price remains stable. Source
Bitcoin and Ethereum Withdrawals from Exchanges
10x Research reports that in the past month, 97,000 BTC ($6.75 billion) and over 500,000 ETH ($1.9 billion) have been withdrawn from crypto exchanges. Source
Top Token Unlocks (June 10-16)
- APT: $92.88 million
- ARB: $90.01 million
- UNI: $83.29 million
- STRK: $72.40 million
- SEI: $62.63 million
- IMX: $51.28 million
- ICP: $35.65 million
Ledger Partnership
Starknet has announced a partnership with Ledger. Starknet wallets, Braavos, and Argent now support Ledger. Source
Uniswap Labs Acquires “Crypto: The Game”
Uniswap Labs has acquired the Web3 game “Crypto: The Game.” The game is built on the BASE blockchain, with Adidas as one of its partners. Source
U.S. Crypto Regulation
US government to possibly sanction crypto exchanges soon. A Senate bill has provisions for more control in the crypto industry to prevent the financing of terrorists—S.4443. It could lead to increased KYC protocols and more sanctions and might as well give the US president powers to block access to digital assets. Insiders believe the bill has a slim chance of passage. The experts see these proposed rules as an attempt to regulate digital assets in the name of anti-terrorism. Source
Travala Integrates Toncoin
Travala has integrated Toncoin, allowing users to pay for over 3,000,000 travel services in more than 230 countries using TON. Services include airline tickets, hotel bookings, and more. Source
BlackRock’s Bitcoin Holdings
BlackRock now holds over $21,067,000,000 in BTC through iShares. Source
Conclusion
Stay updated with the latest developments in the crypto world with our weekly key events calendar and highlights. Keep an eye on significant events, partnerships, and regulatory changes that could impact the crypto market.
