Cryptocurrency While the market is coming to the end of another week in the red zone with the effect of the SEC, investors are wondering what developments are for the next week.
As it is known, as one of the important developments of the past week, the SEC bitcoin exchange filed a lawsuit claiming that Kraken’s earnings program, Earn, was a security. Later, the SEC and Kraken reached a compromise, and it was decided to pay a fine of $ 30 million with the closure of the Earn program.
After that, eyes were turned to Coinbase, another cryptocurrency exchange that offers a similar product.
Bitcoin price is trading at $22,038 at the time of writing, with 1.57% rise in the last 24 hours. Similarly, altcoins are trending lower prices compared to the beginning of the week.
Monday, February 13
16:00
Michelle W. Bowman, member of the Fed’s US Federal Open Market Committee (FOMC), will speak.
Bowman’s public speeches are often used to provide subtle clues to future monetary policy.
Tuesday, February 14
16:30
US Consumer Price Index (CPI) Monthly (Exp.: 0.4%, Previous: 0.1%)
US Consumer Price Index (CPI) Annual (Exp.: 6.2%, Previous: 6.5%)
19:30
FOMC member Harker will speak.
22:05
FOMC member Williams will speak.
Wednesday, February 15
16:30
US Retail Sales MoM (Exp. 1.6%, Previous: -1.1%)
17:00
Lagarde, President of the European Central Bank, will speak.
Thursday, February 16
16:30
US Initial Unemployment Claims (Expected: 200,000, Previous: 196,000)
US Producer Price Index (PPI) Monthly (Exp.: 0.4%, Previous: -0.5%)
*Not investment advice.
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