Monday, February 24, 2025

Annual Inflation Rate in the European Region to be Announced

On the first trading day of the week, the annual inflation rate of the European Region will be announced. This data, which may affect the monetary policy decisions of the European Central Bank (ECB), may cause significant fluctuations in the markets.

• Statement time: 13:00
• Expectation: 2.5%
• Previous: 2.4

Investors will closely monitor the inflation data to assess its impact on the ECB’s interest rate policies and the current state of the European economy.

Binance Delists 4 Cryptocurrencies

Binance announced that it will delist some crypto assets on the platform. As of February 24, STMX, VITE, CLV and AMB trading pairs will be delisted.

Traders holding the delisted assets are advised to terminate their trades and take necessary precautions. While there is no official explanation as to why Binance is delisting these assets, delist decisions are often made due to illiquidity, regulatory requirements or technical deficiencies of projects.

Ethereum Pectra Upgrade to Release on Testnet

Ethereum’s next major update, Pectra, will be released on the testnet. The upgrade aims to deliver performance and security improvements to the Ethereum network, while strengthening integration with Layer-2 solutions.

There is no exact date for when the Pectra update will be rolled out to the mainnet. However, if the testnet process is successfully completed, it is expected to offer important innovations for developers and users.

Tuesday, February 25, 2025

New Regulation on Crypto Transfers in Turkey Enters into Force

Sender and receiver information is becoming mandatory for deposits and withdrawals on Turkey-based cryptocurrency exchanges. This new regulation aims to increase financial transparency and prevent money laundering and illegal transactions.

Under this regulation, investors will have to verify their personal information when making inter-exchange transfers. Moreover, similar regulations are likely to come into force in the future, given that Turkish regulators have signaled to introduce more regulation in the sector.

Wednesday, February 26, 2025

NVIDIA to Announce Earnings Report

NVIDIA, one of the leading companies in artificial intelligence chips and graphics processing units (GPU), will announce its first quarter earnings report for 2024 after the US stock markets close.

Due to advances in artificial intelligence and mining, NVIDIA shares have gained momentum in recent years. Investors will be watching this report closely to learn more about the company’s financial condition and future growth strategies.

NVIDIA’s results could also impact the share performance of other major companies in the technology and artificial intelligence sector.

Thursday, February 27, 2025

US Gross Domestic Product (GDP) Data to be Announced

GDP data, which measures the growth performance of the US economy, may cause significant fluctuations in the markets. This data, which may have a direct impact on the Fed’s interest rate decisions, will be closely monitored by investors.

• Release time: 16:30
• Expectation: 2.3%
• Previous: 2.3

If the growth rate deviates from expectations, volatility in crypto and equity markets may increase.

US Unemployment Benefit Claims to be Announced

Unemployment data will be released in the US, showing the health of the labor market.

• Expectation: 220K
• Previous: 219K

The Fed considers unemployment data as an important indicator for its interest rate policy. A strengthening labor market could raise inflation risks and delay the Fed’s rate cut plans.

Friday, February 28, 2025

Turkey’s Gross Domestic Product (GDP) to be announced

GDP data, which provides information about Turkey’s economic growth performance, will be released.

• Explanation time: 10:00
• Previous: 2.1%

This data is critical to understand how the Turkish economy performed in the last quarter.

US Core Personal Consumption Expenditures Price Index to be announced

Core Personal Consumption Expenditures (PCE) Price Index, one of the most followed inflation indicators by the US Federal Reserve (Fed), will be released.

• Explanation time: 16:30
• Previous: 2.8

This data will be a critical indicator to understand whether inflationary pressure continues in the US. A higher-than-expected inflation data could delay the Fed’s rate cut plans and put selling pressure on the markets.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post What to Expect in the Week of February 24 with Coin Engineer appeared first on Coin Engineer.

What is AMB Coin?

AMB coin performs several main functions in the Ambrosus ecosystem:

• Data Transactions and Recording: The platform uses the AMB token to track products and record related data on the blockchain. Manufacturers, distributors and consumers trade with the AMB token to verify data in the supply chain and maintain a transparent record.
• Smart Contracts: Since Ambrosus is an Ethereum-based blockchain, the AMB token is also used to run smart contracts in the ecosystem. This provides secure and automated processes for certain transactions and data records.
• Staking and Validators: The Ambrosus network uses a Proof-of-Stake (PoS) consensus algorithm. Validators on the network stake AMB tokens to ensure the security of the network and receive AMB tokens as a reward in return. The staking mechanism is critical to increasing both the security and decentralization of the network.

AMB Coin’s Tokenomics

The supply and distribution of AMB coin in the Ambrosus ecosystem has a specific structure. The tokenomics model aims to maintain both the sustainability of the ecosystem and the preservation of the value of the token. Here are the basic elements of AMB tokenomics:

• Total Supply: The total supply of AMB coin is determined as 361 million units. This limitation aims to keep inflation under control in the long term.
• Distribution: A portion of the initial supply is allocated to the project team, strategic partners, and early stage investors. At the same time, a portion is kept as reserves to support the development and growth of the network.
• Burning Mechanism: The Ambrosus network may occasionally perform burn operations to control excess supply and preserve the value of the token. Burning is a strategy to balance demand by reducing the circulating supply of the token.
• Usage Areas: AMB tokens can be used in various transactions on the platform. AMB coin is required for services such as data records, product verification processes, and smart contract interactions.

How to Buy and Store AMB Coin?

AMB coin is listed on various cryptocurrency exchanges and can be bought and sold on these exchanges. Wallets that support AMB tokens include Ethereum-based wallets (MetaMask, Trust Wallet, etc.) and hardware wallets. Since AMB coin is an ERC-20 token, it can be safely stored in all wallets compatible with the Ethereum network.

Click on the link to buy AMB coin with a commission discount on Binance.

Ambrosus aims to use the advantages offered by blockchain technology to make supply chain processes more efficient, secure, and transparent. This project, which has great potential especially in sectors such as health, food and logistics, plans to create a wider ecosystem in the future. AMB coin will continue to be a fundamental part of the platform’s transaction and verification processes, being at the center of this vision.

You may be interested in: What is IOST Coin?

As a result, AMB coin plays a critical role in both ensuring the operation of the Ambrosus ecosystem and bringing innovation to the supply chain sector. The tokenomics structure is also based on a system that aims to benefit both users and the network in the long term.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

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