Future Blockchain Summit, Powell's Speech, and AXS Unlock: Key Events in the Crypto Industry This Week
Date: 2023-10-16 Author: Dima Zakharov Categories: BLOCKCHAIN
The week in the world of cryptocurrencies and blockchain promises to be eventful and full of significant developments. Here are a few key topics that will be relevant this week:
1. Future Blockchain Summit in Dubai:
From October 15 to 18, one of the most important events in the cryptocurrency industry, the Future Blockchain Summit, is taking place in Dubai. This four-day event attracts the attention of global industry leaders, investors, and blockchain enthusiasts. The summit will address current topics, including Web 3.0, blockchain, cryptocurrencies, NFTs (Non-Fungible Tokens), metaverses, and gaming. Academic masterclasses and gaming competitions in the realm of Web3 will also be held. This event presents an excellent opportunity for exchanging ideas, establishing new partnerships, and gaining insights into current industry trends.
2. Jerome Powell's Speech:
On October 19, Jerome Powell, the Chairman of the U.S. Federal Reserve, will deliver an important message. Recent concerns in U.S. financial markets have been linked to rising inflation. Powell may announce decisions regarding interest rate hikes or cuts, which directly impact financial markets and, consequently, cryptocurrencies. His words and decisions can provide investors with crucial information about the future monetary and credit policies of the United States and, therefore, the prospects for cryptocurrencies.
3. AXS Token Unlocking:
On October 20, a significant event will occur in the world of gaming cryptocurrencies. The Axie Infinity project will unlock a substantial amount of AXS tokens valued at $64 million. This represents 11.5% of the circulating supply. This process began three years ago and will continue for another 65 months. This event will be of interest to those following the development of gaming NFTs and virtual worlds, as Axie Infinity is one of the key gaming projects on the blockchain.
It's important to note that the events of this week can have a significant impact on cryptocurrency markets and the overall perception of the crypto industry. Investors and enthusiasts should closely monitor these key developments as they may influence cryptocurrency trading and investments.
