Next week, cryptocurrencies will attract attention with many developments. Here are the events that will take place between January 15-21, 2024…
There are critical developments at the beginning of the week
On January 15, Fetch (FET) is heading for a major mainnet upgrade. This update could be a critical step for the future of the project and is being closely followed by investors. Also on January 15, the World Economic Forum meets to discuss the role of cryptocurrencies and blockchain technology in the global economy. This could be a significant development for the cryptocurrency community. On January 16, US FED member Waller will make an important speech. Waller’s statements may provide clues about the US economy and monetary policies.
Also on Tuesday, the MultiversX project will carry out an activation for EGLD’s Sirius network. This could mean a significant update to the project’s technical infrastructure. Also on January 16, the FLOW project will have a key opening of $2.16 million. This is a remarkable event in terms of the development and growth potential of the project. Consumer Price Index (CPI) data in the Euro Zone will be announced on January 17. Expectations are that inflation may rise to 2.9%. Core retail sales in the US and speeches by Fed members on the same day may cause fluctuations in the markets.
Investors should follow this data carefully. Ethereum will perform an update on the Goerli testnet. This can be an important step in the performance and security of the network. On the same day, the APE project will hold a key opening of 22 million dollars. Investors should monitor this development to be informed about the future of the project. The World Economic Forum will hold ongoing sessions on the role of cryptocurrencies in the economy.
What will happen in the cryptocurrency space towards the end of the week?
Data on applications for unemployment benefits in the USA on January 18 may provide important clues about the economic situation. The AXS project will realize a lock opening of $27.47 million. This can provide information about the growth potential of the project. University of Michigan Consumer Expectations Index data released on January 19 may reflect consumers’ economic expectations. On January 20, Fed member Daly will make evaluations about the markets and the economy.
Investors should follow Daly’s statements carefully. On January 21, the INJ project will hold a lock opening of $142 million. This could be a big event for the cryptocurrency community. These important developments of the week may present significant opportunities and risks for investors in the world of crypto money and finance. Investors should continue to follow the markets closely and make informed decisions.
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