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Watch Out: Very Important Week Ahead – Major Economic Developments and Altcoin Events Coming Up! Here is the Day by Day, Hour by Hour List

The world`s largest cryptocurrency, Bitcoin, managed to surpass $100,000 again this week and is trading at $103,117 at the time of writing, just below its all-time high price record. In addition, many important altcoin developments and economic events will be waiting for cryptocurrency followers in the new week. Here is the weekly cryptocurrency calendar we have prepared specially for you as Bitcoinsistemi.com. (All times are stated as UTC+3 Türkiye time) Monday, December 16 ENA – Ethena will make an announcement. FLOKI – Floki Inu will be making a marketing announcement. STX – L2 update will be made and sBTC Phase 1 will be launched. ARB – There will be a token unlock of $83 million. Tuesday, December 17 NEAR – Near will make an announcement. Wednesday, December 18th Sophon mainnet launch will be held. Hong Kong Stablecoin bill presentation to be held. 13:00 – Eurozone Consumer Price Index (CPI) Annual (Expectation: 2.3%, Previous: 2%) 22:00 – US Federal Open Market Committee (FOMC) Economic Forecasts 22:00 – FOMC statement will be released. 22:00 – FED will announce its interest rate decision. (Expectation is for a 25 basis point reduction) 22:30 – FED Chairman Jerome Powell will hold a press conference. Related News: Balance is Shifting in Cryptocurrencies: Major Differences in Developer Details Compared to Last Year Thursday, December 19 ZRO – LayerZero to vote on fee switch implementation WBTC – Coinbase will delist WBTC. 06:00 – Japan will announce its interest rate decision. (Expectation is for interest rates to remain stable) 15:00 – The UK will announce its interest rate decision. (Interest rates are expected to remain stable) 16:30 – US Gross Domestic Product (GDP) Quarterly (Expected: 2.8% Previous: 3%) 16:30 – US Initial Jobless Claims (Expected: 245k, Previous: 242k) Friday, December 20 SHDW will make an announcement. 16:30 – US Core Personal Consumption Price Index Monthly (Expected: 0.2%, Previous: 0.3%) 16:30 – US Core Personal Consumption Price Index Annual (Previous: 2.8%) *This is not investment advice. Continue Reading: Watch Out: Very Important Week Ahead – Major Economic Developments and Altcoin Events Coming Up! Here is the Day by Day, Hour by Hour List coinpedia

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Veteran Trader Says Solana Ecosystem Altcoin Ready for Breakout, Predicts New All-Time Highs for Dogecoin Rival

A closely followed crypto trader and Elliott Wave specialist is forecasting rallies for several altcoins amid a correction in the digital asset markets. Pseudonymous trader Bluntz tells his 304,000 followers on the social media platform X that the utility token for decentralized oracle service Pyth Network ( PYTH ) has broken out of a bull flag pattern. Bluntz’s chart also suggests that PYTH is in the midst of a five-wave impulse to around the $0.50 level. “Solana ecosystem looking good again, nice bull flag PYTH breakout. Looking impulsive.” Source: Bluntz/X Bluntz practices Elliott Wave theory, which states that a bullish asset tends to go through a five-wave move up before an ABC correction. Based on the trader’s chart, he seems to suggest that PYTH is on the verge of starting its fifth-wave surge following the bull flag breakout. At time of writing, PYTH is trading at $0.431. Bluntz is also bullish on memecoins, saying that the sector may be gearing up for a revival that will “catch a few off guard.” The trader names the Solana-based Dogecoin ( DOGE ) rival Bonk ( BONK ) as a potential candidate for leading a memecoin resurgence. He says BONK has likely completed an ABC-wave correction downward, suggesting an imminent rally, as per Elliot Wave theory. “BONK has pulled back 46% from the highs and looks like a clear three-wave move down. Looks like a really good dip to buy in my opinion, sales like this don’t come around that often. I am betting on fresh all-time highs still to come.” Source: Bluntz/X Looking at the trader’s chart, he seems to suggest that BONK will surge close to $0.00007 before ending its five-wave ascent. At time of writing, BONK is trading at $0.0000347. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE3 The post Veteran Trader Says Solana Ecosystem Altcoin Ready for Breakout, Predicts New All-Time Highs for Dogecoin Rival appeared first on The Daily Hodl . coinpedia