Here is the List of Events Awaiting Bitcoin and Altcoins in the Coming Period!

It will happen soon as we reach the end of the year and bitcoin with altcoins What are the events of interest?

Sushi (SUSHI) Update

SUSHI tokenomics update: Protocol fees will no longer be paid to xSUSHI stakers and will instead be diverted to the treasury to get more runaway power.

Also, once SUSHI reaches its maximum supply, there will no longer be Liquidity Mining incentives to provide liquidity. With this in mind, there is no added value proposition other than management rights to hold xSUSHI/SUSHI, so holders of the token will now be encouraged to exit the stake and sell, adding even more long-term selling pressure to the token.

Grayscale’s GBTC Repurchase Disclosure

The possibility of a GBTC buyout offer was mentioned by the Grayscale CEO. If that happens, the buyout offer will allow Grayscale to buy existing shares at a discount, but many feel they will have to sell their BTC reserves to get the needed cash, which means $2 billion in selling pressure. However, they do need SEC approval to proceed, and that often takes a long time.

Optimism (OP) Update

KISS: Bedrock will be updated to include features such as low transaction fees, efficient deposits and withdrawals, and the use of zero-knowledge proofs. These improvements can make Optimism stand out among other Tier 2 solutions in 2023.

Waves Recovery Plan

WAVES, USDN peg and to restore trust in the ecosystem, there is a proposal to convert USDN into an index backed by WAVES ecosystem tokens as collateral and will be fully implemented by January 10. As of now, the circulating supply of USDN is less than 20% backed by its reserves.

Will Elon Musk Talk About Dogecoin?

to DOGE As for, Musk has been known to deal with this over the Christmas period, so he’s expected to tweet something about dogs. He also confirmed that he will be holding a Twitter Spaces event with the DOGE community near Christmas.

Declaring FTT as a Securities by the SEC

FTT, Declared as a security by the SEC, this could have potentially significant implications for the DeFi space and is worthy of attention.

MKR’s Partnership with Yearn Finance

MCR, The offer continues to partner with Yearn Finance to generate over 100 million USDC in returns. This illustrates the effort to decentralize yield strategies currently concentrated on Coinbase and Gemini.

Altcoins to Unlock Tokens

LOOKS and GLMR The token locks will be opened around January 9th. 15% and 10% of the current circulating supply is expected to be unlocked.

DeFi Legend Andre Cronje Returns To The Phantom (FTM) Altcoin Ecosystem

FTM For, Andre Cronje announced that he was back a few months later. The protocol is also L1 with the largest TVL/Market Cap ratio. It is possible that we may see ecosystem announcements such as protocol upgrades or the launch of new projects soon.

THORChain (RUNE) and Trust Wallet Partnership

RUNE: Trust Wallet has integrated Thorchain as a Cross-Chain Clearing Provider with its 10 million daily active users. One of the main advantages of using Thorchain is that it can trade cross-chain without the need for wrapped assets.

Arbitrum Projects

Arbitrum deployments: Top projects expected to launch on GNS, LYRA and PREMIA Arbitrum

Axie Infinity (AXS) Is Available for Download on Google Play

AXS: Lunacia SDK Alpha is expected to be released soon, also Google Play Store review has been confirmed and will soon be available in Malaysian Play Store with limited features

New Token Mints in Alameda Linked REN Token

REN: After the collapse of FTX, the REN foundation will implement a minting mechanism where it will issue new unlocked tokens to meet its funding needs.

Launch of Shibarium

BONNET: Shibarium is expected to be released soon.

Artificial Intelligence Tokens After the Success of ChatGPT

FET, OCEAN and CTXC, AI-related tokens that have caught everyone’s attention as ChatGPT grows in popularity.

*Not investment advice.