BoE meeting.
The Bank of England is having a monetary policy meeting. The BoE is expected to continue raising rates, with its fourth consecutive rise. However, the UK is currently suffering from soaring inflation and weak economic growth. For more information on how central bank monetary meetings effect Crypto, click here.
Evergrande Bond Payment
$82.5m in interest payments is owed by Evergrande group. Our full report on the over-indebted property sector can be found here.
Closed markets.
Markets in Hong Kong will generally be closed. This includes the Stock Exchange of Hong Kong. Stock market holiday closures: Crypto tends to correlate closely with the traditional stock market. So when markets are closed for holidays, Crypto trading activity usually slows down as well. That can lead to reduced liquidity with lower trading volume which...
Closed markets.
Markets in Canada will generally be closed. This includes the Toronto Stock Exchange. Stock market holiday closures: Crypto tends to correlate closely with the traditional stock market. So when markets are closed for holidays, Crypto trading activity usually slows down as well. That can lead to reduced liquidity with lower trading volume which can result...
Closed Markets:
Markets in America will generally be closed. This includes the New York Stock Exchange and NASDAQ. Stock market holiday closures: Crypto tends to correlate closely with the traditional stock market. So when markets are closed for holidays, Crypto trading activity usually slows down as well. That can lead to reduced liquidity with lower trading volume which can result in increased...
Fed FOMC Minutes
The Federal Reserve is releasing the minutes from the most recent FOMC meeting (two weeks prior). Markets analyse this to try and gauge the overall dovish/hawkish tone of the meetings as this could provide hints to future rate rises. Released 2pm EDT/6pm UTC.
Closed markets
Markets in America will generally be closed. This includes the New York Stock Exchange and NASDAQ. Stock market holiday closures: Crypto tends to correlate closely with the traditional stock market. So when markets are closed for holidays, Crypto trading activity usually slows down as well. That can lead to reduced liquidity with lower trading volume which can result...
BoC meeting
The Bank of Canada is having a monetary policy meeting. For more information on how central bank monetary meetings effect Crypto, click here.
ETF decision
A decision is due on the One River Carbon Neutral Bitcoin Trust ETF. It is a physically backed (spot) ETF and as such could dramatically increase demand for Bitcoin, as currently only futures contract based ETFs have been approved. There have been a string of rejections by the SEC for spot Bitcoin ETFs and it...
Closed markets
Markets in United Kingdom will generally be closed. This includes the London Stock Exchange. Stock market holiday closures: Crypto tends to correlate closely with the traditional stock market. So when markets are closed for holidays, Crypto trading activity usually slows down as well. That can lead to reduced liquidity with lower trading volume which can...
Closed markets
Markets in United Kingdom, China and Hong Kong will generally be closed. This includes the London Stock Exchange, Shanghai Stock Exchange, Shenzhen Stock Exchange and the Stock Exchange of Hong Kong. Stock market holiday closures: Crypto tends to correlate closely with the traditional stock market. So when markets are closed for holidays, Crypto trading activity usually slows down as well. That can...
Ethereum Ropsten Merge
One of Ethereum's most prominent testnets, Ropsten, is ready to begin The Merge of its mainnet (Proof-of-Work) and Beacon Chain (Proof-of-Stake). This is likely to happen on June 8th. Provided this is successful, it provides some Hopium for Ethereum to complete its Merge later this year, currently set for August. However, The Merge has experienced...
