All Eyes Will Be On These 6 Altcoins In The New Week – They Will Go Through Important Events
The cryptocurrency market will keep an eye on six different altcoins this week. Here is the list to follow.
The cryptocurrency market is entering a critical week with numerous projects gearing up for major updates and launches that could determine the course of February. Here is a list compiled by The DeFi Investor of what investors and traders should keep an eye on:
Uniswap (UNI): The highly anticipated Uniswap V4 is rolling out this week. This update promises improved functionality for users and developers on the decentralized exchange by offering highly customizable liquidity pools.
Bitcoin (BTC): All eyes are on Bitcoin as the FOMC’s next interest rate decision is set to be announced on January 29. The decision could significantly impact market sentiment, especially given BTC’s sensitivity to macroeconomic factors.
Mode (MODE): Mode Terminal, an AI-powered interface designed to simplify on-chain interactions, will be available soon.
Quai Network: Quai Network mainnet goes live on January 29.
Balancer (BAL): Decentralized finance protocol Balancer will launch Balancer V3 on Arbitrum by the end of January, introducing new features optimized for the Layer 2 ecosystem.
Sui (SUI): A significant unlock of SUI tokens worth $266 million is scheduled to be opened on February 1.
Movement (MOVE): A high-performance Ethereum Layer 2 solution based on the Move programming language, Movement Mainnet will be released in early February.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Positioned for a Surge as Price Discovery Phase Progresses
Wall Street’s Growing Role Could Make Bitcoin Less Volatile
Bitwise CIO says Trump's crypto executive order could challenge the four-year cycle
Matt Hougan said President Trump’s crypto executive order to explore a strategic digital asset reserve last week could potentially see the end of crypto’s four-year market cycle.However, the Bitwise CIO suspects it won’t be fully overcome just yet but anticipates shorter and shallower pullbacks than in years gone by.
D.E. Shaw takes position in Riot Platforms, joins push to make changes: Reuters
D.E. Shaw joins Starboard Value in pushing Riot Platforms to make changes, Reuters reports.Riot Platforms said last week it is looking into the AI and HPC boom.