The cryptocurrency market had a strong weekend, recovering somewhat from last week’s decline. However, a new wave of declines that began last weekend sent Bitcoin prices below $70,000.
Il Capo of Crypto, a prominent cryptocurrency market analyst, argued that the decline seen today should not be relied on as something like Sunday. The analyst believes the recent bull run will continue and will continue to be bullish this week.
However, the crypto market will face a number of new events this week that could impact the market. This is a weekly cryptocurrency calendar prepared by Bitcoininsistemi.com.
(All times are shown in UTC+3 Turkish time)
Monday, February 16th
- US markets are closed for President’s Day.
- In South Korea and China, the new year begins according to the lunar calendar.
- Flying Tulip, founded by Andre Cronje, has started selling to the public.
- KBC, Belgium’s second largest bank, will launch Bitcoin and Ethereum trading services.
- The British High Court will hold a hearing regarding the disposition of assets in the Qian Zhimin 60,000 Bitcoin money laundering case.
- Eurozone finance ministers are discussing how to issue euro-denominated digital assets.
Tuesday, February 17th
- ETH – Ethereum Denver event begins. The event will continue until February 21st.
- SOL – 21Shares will distribute staking rewards to Solana ETF holders.
- JUP – Jupiter begins voting on “achieving net-zero emissions targets through measures such as indefinite suspension of team token releases.”
Wednesday, February 18th
- $WLFI – World Liberty Financial ($WLFI) will hold the first World Freedom Forum at Mar-a-Lago.
- Polynomial, a DeFi derivatives protocol that has ceased operations, is subject to forced liquidation.
- 22:00 – Minutes of the Fed’s latest interest rate meeting are released.
Thursday, February 19th
- 16:30 – New jobless claims in the US (estimated: 229,000, previous: 227,000)
Friday, February 20th
- The U.S. Supreme Court is expected to issue an opinion on tariffs.
- 16:30 – US Core Personal Consumption Expenditures (PCE) Price Index (Monthly) (December) (Forecast: 0.3%, Previous: 0.2%)
- 16:30 – US GDP (Quarterly) (Q4) (Forecast: 2.8%, Previous: 4.4%)
- 16:30 – US Core Personal Consumption Expenditures (PCE) Price Index (Annual) (December) (Forecast: 3.0%, Previous: 2.8%)
*This is not investment advice.