Bitcoin And Crypto This Week: These Events Will Be Crucial For Prices
This week is shaping up to be a pivotal one for cryptocurrency markets. With plenty of big events which will have the power to swing prices in both directions, it’s best to buckle up and prepare for some extreme volatility.
Event #1: Bakkt Launch
First up, on Monday September 23rd, Bakkt will finally launch its physically-settled bitcoin futures products. Prices have surged just ahead of this event, based off rumors that institutional investors are buying up huge amounts of Bitcoin. Whether this launch will help prices steady or push them higher remains to be seen, but it’s definitely worth keeping an eye on.
Event #2: Bitcoin Conference
The second significant event this week is the World Crypto Conference, taking place in Las Vegas on the 24-26th September. This is the industry’s largest gathering, and the fact that so many industry leaders will be present in one place is what makes it so important. After all, no good move is made without a great discussion first.
Event #3: Ethereum’s Upgrade
Finally, we have Ethereum’s much-awaited network upgrade. This upgrade, Istanbul, is slated for release on the 8th of October, and although not many technical details have been released, the buzz around it has been largely positive. Apart from anything else, it might be the perfect excuse to buy up a bag of ETH.
As you can see this week is going to be action-packed, with many potential swing points. To make sure that you are up to date on it all and don’t miss out, here is a checklist of what to do:
- Monitor news on the launch of Bakkt’s Bitcoin futures.
- Follow the conversation at the World Crypto Conference.
- Keep an eye out for general market sentiment.
- Grab an ETH bag ready for the Istanbul upgrade.
- Keep a bag of popcorn handy for the roller coaster!.
Oh and just for fun, here’s a bonus tip — get your Halloween costumes ready. It’s going to be a wild ride!
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