- August 12, 2024
- Posted by: Jackson Bennett
- Category: News
Below is a list of several Key Crypto Events that may happen in the next 7 days and which might indicate a different path for the overall crypto market. Several occurrences may define the market this coming week. The week of the show will begin with the Elon Musk X interview and Donald Trump interview. A few other tokens that may be interesting to Follow are the Ripple lawsuit appeal and the Cardano Chang hard fork.
A few factors define the dynamics of the crypto environment and the next week may bring a lot of unique changes to the market. Defined events are those that are already set while others like the Cardano Chang Hard Fork are comparatively โundefinedโ. The speed of Node 9 is Mbps 228. 1. It remains to be seen what the 0 update will be like, which will decide how soon this update will happen.
Top Crypto Events To Watch
Recall that, earlier, the announcement of the interview of Donald Trump and Elon Musk was made for August 11. Due to what it can mean for the broader financial landscape, this event is something that people look forward to. And while not a traditional typical digital currency-centric Spaces, last week, Donald Trump Jr teased a massive DeFi reveal. The former President and his children could use this channel to announce their crypto project.
Recall that the Cardano Chang hard fork update needs to follow the speed of the update of the Node Version 9. 1. 0. According to the Cardano Feed as of this update, developers have completed 79% of the work. It may even get to this 100% this week if it stays at this current pace. If attained, it will place Cardano into a new Voltaire Era where the community governs this and many other cryptos.
In addition to these likely crypto events, the now-ended lawsuit between Ripple Labs and the US SEC may take the following form. As the most senior legal brains in the industry have reported, the SEC could consider an appeal on some aspects of the programmatic ruling. The market regulator has 60 days from the date of the penalty ruling to file such an appeal. But the transition could be as soon as this week.
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American Economic Indicators To Track
As a rule, the American political system and specific monetary policies introduced by the Federal Reserve influence it. Since most experts have predicted a cut in the interest rate, the market will most likely record more volatile actions this week.
As to what new shenanigans will come out of Kamala Harris and Donald Trump’s campaign this week, nobody knows. Major stakeholders will protect market interests, while we are urging regulators to promote innovation. Politicians may capitalize on this demand.
What is more, the previous week brought a rather disturbing outflow in spot Bitcoin ETFs. In the following week, the reverse is likely to occur and provide market observers with enough to talk about.
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