Decentrader

Closed Markets
2022-09-05
Markets in Canada and America will generally be closed. This includes the Toronto Stock Exchange, New York Stock Exchange and the 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 price volatility.
More information about how traditional market opening times are correlated with Crypto can be found here.

Kava 11 Launch
2022-08-31
Kava 11 is launching which will include liquid staking, Kava Earn – a yield aggregator and MetaMask support!
Find out what price action is doing in the run up here

Closed Markets
2022-08-31, 2022-08-15, 2022-08-09
Markets in India will generally be closed. This includes the National Stock Exchange of India.
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 price volatility.
More information about how traditional market opening times are correlated with Crypto can be found here.

Closed Markets
2022-08-29
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 result in increased price volatility.
More information about how traditional market opening times are correlated with Crypto can be found here.

PBOC Meeting
2022-08-22
The People’s Bank of China may cut the key loan prime rate. This is the benchmark lending rate in China.
A key macroeconomic factor currently is the Evergrande debt crisis and over-leveraged property developers in China. Although there is generally a ban on Crypto in China, Asian markets in particular have been concerned with the growing debt crisis in China and reacting strongly to developments in the property sector. The central bank may adjust policies to try stimulate demand for real estate, which has been decimated in recent months.
For more information on how central bank monetary meetings effect Crypto, click here.

RBNZ Meeting
2022-08-17
The Reserve Bank of New Zealand is having a monetary policy meeting.
For more information on how central bank monetary meetings effect Crypto, click here.

Evergrande Bond Payment
2022-08-14
$2.1m in interest payments is owed by Evergrande group. Our full report on the over-indebted property sector can be found here.

Monero Network Upgrade
2022-08-13
This network upgrade will include several technical improvements including an increase in ring size which is the largest increase in base anonymity ever. The Bulletproof algorithm will also be upgraded which will improve transaction speed. Finally, there will be improvements in fee changes and multi-sig bug fixes.
Get technical about the upgrade here
Checkout how price is responding here

Closed Markets
2022-08-11, 2022-07-18
Markets in Japan will generally be closed. This includes the Tokyo 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 in increased price volatility.
More information about how traditional market opening times are correlated with Crypto can be found here.

US July CPI Data
2022-08-10 12:30 - 13:00 UTC
The Bureau of Labor Statistics is releasing inflation data for May 2022. This is will have a strong bearing on the actions the Federal Reserve decides to take at its next meeting. If inflation is worse than anticipated or stubbornly high, the FED will be forced to keep aggressively raising rates. More information on inflation, Central Banks and how they affect markets can be found here.
The CPI data will be released here: https://www.bls.gov/cpi/

Ethereum Goerli Merge
2022-08-10 - 2022-08-11
This is the final practice ahead of the ‘proper’ Ethereum Merge! This will be key to watch, as any final issues, errors of bugs will likely result in a delay in the tentative 19th September launch date for the Merge. News of the date provided bullish momentum for Ethereum price, but any delay could weaken this momentum.
Get technical about the Merge here
Checkout how price is responding here
Note: the date is not firm and is likely to fall in the 9th – 11th, with the 10th currently being the most likely projection.

BoE Meeting
2022-08-04
The Bank of England is having a monetary policy meeting.
For more information on how central bank monetary meetings effect Crypto, click here.

Coti Testnet Hardfork
2022-08-02
Coti will be hardforking its’ Testnet, in preparation for the Mainnet hardfork and MultiDAG 2.0 release in September. Provided this goes well, there shouldn’t be any delays in the Mainnet hardfork.
Find out more about both the Mainnet harfork and MultiDAG 2.0 release here
Go here to see how price action is responding to the event!

Closed Markets
2022-08-01
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 in increased price volatility.
More information about how traditional market opening times are correlated with Crypto can be found here.

Cardano Vasil Hardfork
2022-07-31
This is one of the most significant upgrades to the Cardano network in years, bringing increased performance, scalability, interoperability and functionality.
More information about the details can be found here
Find out what price action is doing in the run up here
Note: the deadline has been set for the 31st of July, but the upgrade may happen earlier.

FED Meeting
2022-07-27 19:00 - 19:30
The US Federal Reserve is having a monetary policy meeting. Being the largest economy in the world, these meetings are keenly watched and have far reaching consequences. A useful tool to watch is the CME FedWatch Tool, which shows what the market is predicting the rates will adjust to: https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html
The current prediction is for a 75bps rate hike, although inflation has persistently come in higher than expected. The FED will have a press conference after the announcement, which will likely include a lot of discussion about the likelihood of the economy entering a recession.
For more information on how central bank monetary meetings effect Crypto, click here.

Evergrande Bond Payment
2022-07-24
$235m in interest payments is owed by Evergrande group. Our full report on the over-indebted property sector can be found here.

Evergrande Bond Payment
2022-07-22
$117.5m in interest payments is owed by Evergrande group. Our full report on the over-indebted property sector can be found here.

ECB Meeting
2022-07-21 12:00 - 12:30
The European Central Bank is having a monetary policy meeting.
For more information on how central bank monetary meetings effect Crypto, click here.

BoJ Meeting
2022-07-21
The Bank of Japan is having a monetary policy meeting.
For more information on how central bank monetary meetings effect Crypto, click here.

PBOC Meeting
2022-07-20
The People’s Bank of China is having a monetary policy meeting. A key macroeconomic factor currently is the Evergrande debt crisis and over-leveraged property developers in China. Although there is generally a ban on Crypto in China, Asian markets in particular have been concerned with the growing debt crisis in China and reacting strongly to developments in the property sector. The central bank may adjust policies to try stimulate demand for real estate, which has been decimated in recent months.
For more information on how central bank monetary meetings effect Crypto, click here.

US June CPI Data
2022-07-13 12:30 - 13:00

BoC Meeting
2022-07-13
The Bank of Canada is having a monetary policy meeting.
For more information on how central bank monetary meetings effect Crypto, click here.

Closed Markets
2022-07-04
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 price volatility.
More information about how traditional market opening times are correlated with Crypto can be found here.

Closed Markets
2022-07-01
Markets in Canada and Hong Kong will generally be closed. This includes the Toronto 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 lead to reduced liquidity with lower trading volume which can result in increased price volatility.
More information about how traditional market opening times are correlated with Crypto can be found here.

ETF decision
2022-07-01
*Update* Unfortunately the Greyscale ETF was rejected. An hour after the rejection, Greyscale formally sued the SEC.
A decision is due on changing the Greyscale Bitcoin Trust into an ETF. The Greyscale Bitcoin Trust currently has roughly 3.5% of the total Bitcoin supply, so changing it into a physically backed (spot) ETF would see it instantly become on of the top 50 ETFs by assets. Transitioning to an ETF would dramatically lower fees and improve liquidity for investors. Having offered a Bitcoin product under regulatory scrutiny and demonstrated protection of investors funds, there is a small chance Greyscale has an advantage over applications to create new products. An ETF would offer better value and greater protection for investors, as the SEC would have greater oversight – which are part of its core goals.
There have been a string of rejections by the SEC for spot Bitcoin ETFs and it is likely the regulatory environment will have to change before one is approved. Regardless, with each application there is increased pressure on the SEC and interest from financial institutions. Typically an announcement regarding denial or delaying the decision is made before the actual due date. This date is just the latest the SEC can make an announcement. If it is approved, there normally isn’t any announcement until the product is ready to be released – no news by this date would be good news.
More information regarding Bitcoin ETFs can be found here.

ETF decision
2022-06-29
A decision is due on the Bitwise Bitcoin ETP 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 is likely the regulatory environment will have to change before one is approved. Regardless, with each application there is increased pressure on the SEC and interest from financial institutions. Typically an announcement regarding denial or delaying the decision is made before the actual due date. This date is just the latest the SEC can make an announcement. If it is approved, there normally isn’t any announcement until the product is ready to be released – no news by this date would be good news.
More information regarding Bitcoin ETFs can be found here.
