Crypto Week Ahead is a comprehensive list of what's coming up in the world of cryptocurrencies and blockchain, as well as the major macroeconomic events that will influence digital asset markets.
This week is characterized by macroeconomic reports, which include the minutes from last month's Federal Open Market Committee (FOMC) meeting, as well as economic data that may provide insights into the Federal Reserve’s next moves.
Crypto-linked equities are also in the news, with American Bitcoin (ABTC) dodging a Nasdaq delisting after a reverse split.
SpaceX, Elon Musk's space transportation and AI company, joins the Nasdaq 100, becoming the fourth member of the tech-heavy index to hold bitcoin BTC$63,254.45. Index membership is likely to boost demand for the shares, partly because tracker funds need exposure to the company and partly because the stock is more likely to meet firms' investment criteria.
Others include Tesla (TSLA), Strategy (MSTR) and Mercado Libre (MELI). The space exploration firm, which holds 18,712 BTC, is expected to have more weight in the index than the latter two.
Beyond that, geopolitical developments and the further collapse of the yen against the dollar are factors to keep an eye on. Bitcoin’s negative correlation to the yen’s exchange rate against the dollar has been unusually high, with BTC tending to rise when the yen weakens.
Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.
Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.
Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.
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