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A Reminder For The Most Important Dates in March...Take a look!!!

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by COINS NEWS 57 Views

1) Mt Gox Crypto is expected to be released - 10 March

A lot of speculation has surrounded the Mt.Gox re-distribution plan. Some believe the traders may hold the BTCs, while others hope a massive selling pressure may kick off a fresh bearish wave ahead.

2) US Jobs Reports - 10 March

The U.S. Labor Department will release the highly anticipated February nonfarm payrolls report on Friday, March 10, at 08:30 ET.

3) US CPI report - 14 March

The February consumer price index (CPI) report looms large on Tuesday, March 14, and analysts expect it could be hotter than January's 6.4% year-over-year pace, suggesting that the Fed will maintain its fight against inflation

4) Shangai Upgrade - 14 March

The much-awaited Ethereum developers have a target to release the Shanghai upgrade on the Goreli testnet by March 14. This could be the final testnet before the mainnet release that is yet to be rolled out.

Based on Beiko’s (Core Ethereum developer) tweets, the anticipated date for the mainnet depends on the outcome of Goerli on March 14. According to him, if everything goes as planned and Goerli becomes a success, the team could fix a date for the mainnet on the next developers’ meeting slated for March 16.

5) US FOMC meeting, Powell speech - 21 - 22 March

Later, the FOMC meeting for this month is scheduled on March 21, whose minutes have impacted the entire market for a long time. Fed Chairman Jerome Powell will hold what will be a closely watched press conference shortly after the release of the Fed's statement, as investors look for fresh clues on how he views inflation trends and the economy and how that will impact the pace of monetary policy tightening.

6) US PCE Inflation Report

The final economic indicator for the month will arrive on Friday, March 31, when the U.S. government releases the personal consumption expenditures (PCE) price index, which is the Fed’s preferred gauge of inflation.

Therefore, all eyes need to be on the market throughout March.

Please if I have forgotten something feel free to correct me and help our fellow redditors with your knowledge.

submitted by /u/UnkownMillionare
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