[Crypto World] Next week (December 8-13) is going to be interesting, with six major events piling up.
Starting with the Fed: on December 10, they’ll announce the rate decision. The probability of a rate cut has already soared to 87.4%. If that actually happens, BTC will probably go for a big run. Right after that, on December 11, the Solana Breakpoint conference kicks off in Abu Dhabi. SOL’s price is holding steady around $138.49—whether it can break out depends on what big news comes out of the event.
The legal front is also heating up. Terraform Labs founder Do Kwon’s verdict is also scheduled for December 11. This case has dragged on long enough, and the outcome will directly impact how the whole industry views accountability.
Projects are ramping up their moves too: starting December 8, Aster will buy back $4 million worth of tokens daily, accelerating its burn rate; Bittensor’s TAO halving window falls between December 12-15, cutting daily output by half; and the SEC has to make a decision on the Avalanche ETF application by December 12—which will be big news either way.
All in all, this week will see major moves on policy, projects, and regulation, so market volatility is almost guaranteed.
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Six Major Events Piled Up Next Week: 87% Probability of Fed Rate Cut, TAO Halving and Key Milestones for Avalanche ETF
[Crypto World] Next week (December 8-13) is going to be interesting, with six major events piling up.
Starting with the Fed: on December 10, they’ll announce the rate decision. The probability of a rate cut has already soared to 87.4%. If that actually happens, BTC will probably go for a big run. Right after that, on December 11, the Solana Breakpoint conference kicks off in Abu Dhabi. SOL’s price is holding steady around $138.49—whether it can break out depends on what big news comes out of the event.
The legal front is also heating up. Terraform Labs founder Do Kwon’s verdict is also scheduled for December 11. This case has dragged on long enough, and the outcome will directly impact how the whole industry views accountability.
Projects are ramping up their moves too: starting December 8, Aster will buy back $4 million worth of tokens daily, accelerating its burn rate; Bittensor’s TAO halving window falls between December 12-15, cutting daily output by half; and the SEC has to make a decision on the Avalanche ETF application by December 12—which will be big news either way.
All in all, this week will see major moves on policy, projects, and regulation, so market volatility is almost guaranteed.