Key Developments of the Week for Bitcoin and Crypto Investors

Key Dates and Developments That Could Impact Financial Markets This Week

Monitoring macroeconomic news is as vital as technical analysis in the cryptocurrency market. We have compiled all the major developments that could affect the financial markets between August 24 – August 30 for you.

Monday, August 24

• Comment period for joint SEC-CFTC requests: The comment period for two joint SEC-CFTC requests covering derivative product definitions, alternative compliance, and swap data reporting will end. The matter is significant for crypto derivatives.

Tuesday, August 25

• BNB Smart Chain Pasteur hard fork activation: BNB Smart Chain will activate the Pasteur hard fork. (TRT: 05:30)
• US ADP weekly employment change: US ADP Weekly Employment Change will be announced. (TRT: 15:15) (Previous: 9.5K)
• US consumer confidence: August data for US CB Consumer Confidence will be announced. (TRT: 17:00) (Expectation: 91.2 Previous: 90.8)
• US money supply: US money supply data for July will be announced. (TRT: 20:00) (Previous: $23.15T)

Wednesday, August 26

• Jackson Hole Symposium: The US Jackson Hole Symposium will take place between August 26–28.
• Australia inflation data: Australia’s annual inflation rate for July and the RBA trimmed mean CPI annual data will be announced. (TRT: 04:30) (Previous: Inflation 3.8%; RBA trimmed mean CPI 3.6%)
• US core PCE inflation: Monthly and annual data for the US core PCE price index for July will be announced. (TRT: 15:30) (Expectation: 0.2% monthly, 3.3% annual; Previous: 0.1% monthly, 3.3% annual)
• US GDP growth: The second estimate of the US second-quarter GDP growth rate will be announced. (TRT: 15:30) (Expectation: 1.5% Previous: 2.1%)

Thursday, August 27

• South Korea interest rate decision: South Korea’s interest rate decision will be announced. (TRT: 04:00) (Previous: %2.75)
• Hyperliquid Strategies earnings calendar: The earnings calendar for Hyperliquid Strategies (PURR) includes a pre-market timing and a value of $0.79.
• US initial jobless claims: Initial jobless claims for the week ending August 22 in the US will be announced. (TRT: 15:30) (Expectation: 210K Previous: 206K)
• IREN earnings calendar: The earnings calendar for IREN includes values of $40.87 and -$0.63; timing is specified as market close and after-hours.

Friday, August 28

• Michigan consumer sentiment: Final August data for US Michigan Consumer Sentiment and one-year inflation expectations will be announced. (TRT: 17:00) (Expectation: Consumer Sentiment 51.0; 1-year inflation expectation 4.3%. Previous: Consumer Sentiment 55.2; 1-year inflation expectation 4.2%)
• US annual non-farm payrolls revision: Preliminary data for the US annual non-farm payrolls revision will be announced. (TRT: 17:00) (Previous: -911K)