Crypto Volatility: 3 Major Events Coming This Week

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The next seven days are going to be particularly eventful in the cryptocurrency market. Here are three things to look forward to.

,” is taking place this week. The event will mark the very end of the proof-of-work era of the network and also introduce a significant shift in its tokenomics.from the Ethereum Foundation, one of the things that will be gravely impacted is ETH issuance.

This is an event that many call a “triple halving,” making a clear-cut reference to the Bitcoin halving. However, it’s also worth noting that a lot of people expect it to be a “sell-the-news” type of event with a potentially negative impact on ETH’s price in the short term. So far, whenever the CPI numbers clock in, the cryptocurrency market goes on a rampage. In August, when the US Bureau of Labor Statistics released the July numbers, Bitcoin’s price soared by about $1,000. This tends to happen on all similar occasions.

They have until September 15th to submit their claims regarding the funds they lost when the exchange collapsed all the way back in 2014.

 

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