Important Developments and Economic Data of the Week

Crypto Regulation Will Be on the Agenda in the Turkish Grand National Assembly:

• The general assembly of the Turkish Grand National Assembly will start on June 25 and discuss the bill regarding cryptocurrency regulation.

Monday:

AdEx and AirDAO Announcements:

• AdEx ($ADX) and AirDAO ($AMB) will make important announcements on June 26.

Wednesday:

Layer 2 Network Will Launch Blast Airdrop:

• Layer 2 network Blast will launch an airdrop on June 27.

SEC Case with Ripple:

• Important developments or decisions in the case between Ripple and the SEC may be announced on June 27

Thursday:

CBRT Interest Rate Decision:

• The Central Bank of the Republic of Turkey (CBRT) will announce the interest rate decision on June 27 at 14:00. The expectation is that the interest rate will remain constant.

US GDP Data:

• US GDP data will be released on June 27 at 15:30. The expectation is 1.4% growth

Friday:

US Core Personal Consumption Expenditures:

• Core personal consumption expenses in the USA will be announced on June 28 at 15:30. The expectation is for a monthly increase of 0.1%

Ethereum Developer Meeting:

• On June 28, Ethereum developers will share updates on Shanghai upgrade and other network improvements

Other Important Economic Data:

Wednesday, June 26, 2024:

• 17:00 - CB Consumer Confidence (June)

◦ Prediction: 100.2

◦ Previous: 102.0

• 17:30 - New Home Sales (May)

◦ Estimate: 650K

◦ Previous: 634K

• 17:30 - Crude Oil Stocks

◦ Previous: -2.547M

Thursday, June 27, 2024:

• 15:30 - GDP (Quarterly) (1st Quarter)

◦ Prediction: 1.4%

◦ Previous: 1.3%

• 15:30 - Applications for Unemployment Rights

◦ Estimate: 240K

◦ Previous: 238K

Friday, June 28, 2024:

• 15:30 - Core Personal Consumption Expenditures (Monthly) (May)

◦ Estimate: 0.1%

◦ Previous: 0.2%

• 15:30 - Core Personal Consumption Expenditures (Annual) (May)

◦ Previous: 2.8%

• 18:00 - Fed Monetary Policy Report