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Crypto Watchlist for the week ahead: $BTC - US CPI data will be released on Aug. 14 $MKR - MakerDAO's Tokenization Grand Prix to onboard $1b in RWAs starts tomorrow. BlackRock is expected to participate $FXS - Frax Finance is launching frxBTC, a WBTC competitor, soon Kelp DAO - Kelp DAO will unveil Gain, a one-stop-shop for airdrop farming, on Aug. 13 $SAND - $55M of SAND will be unlocked on Aug. 14. This is ~9% of its circulating supply $ENA - A proposal to onboard SOL as a backing asset for Ethena's USDe will go live next week
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🚩 Important Upcoming events 🔖 Tuesday, 13th August USD: PPI (MoM) (Jul) 🔖 Wednesday, 14th August NZD: RBNZ Interest Rate Decision GBP: CPI (YoY) (Jul) USD: Core CPI (MoM) (Jul) USD: CPI (YoY) (Jul) USD: CPI (MoM) (Jul) USD: Crude Oil Inventories JPY: GDP (QoQ) (Q2) 🔖 Thursday, 15th August GBP: GDP (YoY) (Q2) GBP: GDP (MoM) (Jun) GBP: GDP (QoQ) (Q2) USD: Core Retail Sales (MoM) (Jul) USD: Initial Jobless Claims USD: Philadelphia Fed Manufacturing Index (Aug) USD: Retail Sales (MoM) (Jul) #weekahead #calendar #event
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#BTC/USDT ANALYSIS Bitcoin is consolidating within an ascending triangle on the weekly timeframe. Currently, It is rebounding from the triangle's support trendline, and the Ichimoku cloud indicates bullish momentum. However, the 21-day moving average is acting as resistance above the current price action. A solid breakout above the triangle is needed to anticipate a new peak for BTC. $BTC
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Trending News 🗞️ Be a “long-termist” in the Crypto industry 🗞️ Reshaping the future of blockchain: the need to thoroughly rethink token distribution 🗞️ Arthur Hayes: BTC will reach $100,000 🗞️ Financing Weekly | 19 projects received $85.1 million in investment, and Andrena won the championship
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Trending News 🗞️ Beware of the lure of the false boom in cryptocurrencies 🗞️ Trump Family Plans Crypto Project to Challenge the Fed, Fuels Stablecoin Speculation 🗞️ Crypto Market Braces for $2.5 Billion Options Expiry Amid Rising Volatility 🗞️ Ethereum Core Developers Unveil Details on Pectra Upgrade: What to Expect
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