Economic Data and Altcoin Events Scheduled for This Week

The cryptocurrency market saw a notable surge recently, mostly led by Bitcoin, after weaker-than-expected employment data lowered the chances of a US interest rate hike. Over the past week, Bitcoin has gained about 5% in value, and altcoins have also benefited. Ethereum, for example, rose around 12%.

But now, a new week is here, and it brings a packed schedule of economic developments and altcoin events. Here is a day-by-day breakdown for crypto followers. All times are in UTC+3 Turkish time unless noted.

Monday, July 6

Starknet, the layer-2 network behind STRK, will receive the v0.14.3 update. This includes a dynamic L2 base transaction fee, which could affect how users interact with the network. Meanwhile, the White House is accelerating work on standards for advanced AI models, with an announcement expected later this week. This might influence broader tech and crypto sentiment.

Tuesday, July 7

Axie Infinity is starting the migration process for its Land Item smart contracts. Near Protocol teased an important announcement, though details remain scarce. Berachain is transitioning to a PoL Next update, and notably, the BGT token will be discontinued. Also, SpaceX is joining the Nasdaq-100 index, which is more of a traditional finance event but could impact risk-on assets.

Wednesday, July 8

Cross-chain infrastructure provider Squid will announce the launch of its token public sale. Meanwhile, Interfold, a privacy-focused project, is launching an auction for its FOLD token. Anthropic, the AI firm, will roll out KYC applications for users, which might set a tone for how AI and crypto compliance intersect. At 21:00, the Federal Reserve will release the minutes from its latest interest rate decision meeting. These minutes often move markets, so traders should keep an eye out.

Thursday, July 9

LayerZero is upgrading its default DVN configuration to a 3-of-3 model and plans to deprecate the v1 repeaters. This could be important for cross-chain messaging reliability. Bitcoin layer-2 network Botanix has ceased operations, and users are urged to withdraw their assets by end of day. That is a sudden move that might catch some off guard. At 15:30, US initial jobless claims data is expected to be around 218k, down slightly from the previous 215k. Weak numbers here could bolster crypto.

Friday, July 10

The Malta Financial Services Authority is considering regulating DeFi, and today is the deadline for public feedback. The EU is also rolling out new anti-money laundering rules, which may have long-term implications for exchanges and DeFi. Binance is delisting several tokens: ALCX, ARDR, NFP, and POND. If you hold any of those, you might want to move them or sell before the delisting.

This schedule is packed, but remember: it is not investment advice. Always do your own research before acting on any news.

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