Several major events are coming up, positive news is on the way!
1. Trump Takes Office
On January 20, 2024, the 'Wise King' will once again take the presidential throne. This 'old man' has long been known for his friendly attitude towards the cryptocurrency sector. His presidency will undoubtedly bring a series of statements and policies favorable to the crypto market. In this context, we just need to remain patient, wait for the market to recover, and believe in a promising future.
2. FTX Massive Repayment
Good news continues to arrive! FTX will launch a repayment plan of 16 billion funds on January 6, with expectations to repay all within 60 days. This massive influx of funds will undoubtedly inject a strong boost into the crypto world, driving a comprehensive market rebound, and even helping us reach new heights.
3. Ethereum Staking ETF
After Trump takes office, Ethereum's staking feature will also arrive as promised. The introduction of this feature will greatly enhance Ethereum's attractiveness, attracting a large influx of buyers. It is reported that staking applications are expected to emerge in January, and before the Christmas holiday, the market has already made early arrangements, with $131 million of buying funds flowing in. The expectations of institutions are the best evidence of the market's recovery.
4. Ethereum Prague Upgrade
Looking back at Ethereum's upgrade history, after each upgrade, its price tends to experience a significant surge within three months. The results of this Prague upgrade are also expected to be revealed in January (although there is a possibility of delay, it will not affect the final trend). Let us look forward to Ethereum leading the market once again!