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Predictions for Cryptocurrency: Events This Week

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by Giorgi Kostiuk

an hour ago


This week, several important events in the cryptocurrency world are anticipated, as reported by crypto analyst The DeFi Investor. Both new projects and macroeconomic news are in the spotlight.

Key Events in the Crypto World

The Brazilian Parliament plans to discuss the establishment of a national Bitcoin reserve at a session scheduled for August 20. This event could significantly influence the market.

Updates of Projects and Platforms

Some important project updates are on the horizon:

- **Aave (AAVE)**: The platform will receive 7% of the upcoming WLFI supply, an amount reportedly valued at over $1 billion. - **JUP & FLUID**: The public launch of Jupiter Lend on Solana is scheduled for August. - **RESOLV**: The project's fee switch update is expected to be completed on August 21. - **Arbitrum (ARB)**: The network's online buildathon event will begin on August 22. - **Infinit (IN)**: The public beta of Infinit V2 will be available in the coming days.

Macroeconomic Factors

Investor attention will also focus on Fed Chair Jerome Powell's speech next week and the FOMC minutes due to be released on August 20. These developments could significantly affect cryptocurrency market movements.

In the coming week, investors will witness important events both in the cryptocurrency realm and macroeconomics. These factors may dictate the market dynamics in the upcoming months.

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