As the crypto market continues its dynamic journey, the crypto community is keeping a watch on current events in the industry. With the latest spike in Bitcoin (BTC) price, community members are staying all the more vigilant.
Read CRYPTONEWSLAND onAccording to many in the space, they advice keeping a close eye on major events that could influence the crypto market. Of these many events, prominent crypto community voices say the following events should take the spotlight this week.
The first on this list is the Cosmoverse Conference taking place on October 2, 2023. Here, Cosmos, a prominent blockchain ecosystem, is set to kick off its largest event, Cosmoverse. The crypto community expects major announcements and updates related to the Cosmos ecosystem. Also, there is a buzz around dYdX V4 launch.
While speculative, there is chatter that the dYdX team may reveal the launch date for dYdX V4 during the Cosmosverse event from October 2-3. This could mark a significant milestone for the project On the same day, Chainlink’s highly-anticipated Smartcon will commence. This event could potentially bring significant announcements and updates concerning the Chainlink network.
Next on the list is the Radiant Capital Launch on October 3, 2023. Radiant Capital, represented by the ticker $RDNT, is scheduled to launch on the Ethereum platform, adding a new asset to the Ethereum ecosystem.
On the same day, approximately $16.6 million worth of SUI, constituting around 4% of its circulating supply, is set to be unlocked. This significant event may impact the SUI token’s market dynamics.
Another major event is set to take place on the same day. This is the long-awaited SBF Trial commencement. All crypto community members are guaranteed to keep an eye on the start of the trial related to Sam Bankman-Fried.
Lastly, An interesting development over the week would involve the ongoing surge in the Arbitrum Ecosystem. The approval of a 50 million $ARB ecosystem incentive program will lead to several tokens within the Arbitrum ecosystem to experience notable price increases. In fact, network activity has surged by 50% over the past seven days.
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