Several major events are coming up, with positive news on the way!
1. Trump’s Inauguration
On January 20, 2024, the former president will once again take the presidential seat. This 'old man' has long been known for his friendly attitude towards the crypto space, and his return to office will undoubtedly bring a series of favorable statements and policies for the cryptocurrency market. In this context, we just need to be patient and wait for the market to recover, believing that the future is promising.
2. FTX Debt Repayment
Good news keeps coming! FTX will launch a repayment plan of 16 billion funds on January 6, expected to be fully repaid within 60 days. The influx of this huge amount of capital will undoubtedly inject a strong dose of confidence into the crypto market, driving a comprehensive rebound and even helping us reach new heights.
3. Ethereum Staking ETF
After Trump takes office, the Ethereum staking feature will also arrive as promised. The launch of this feature will greatly enhance Ethereum's appeal, attracting a significant influx of buyers. It is reported that staking applications are expected to appear in January, and before the Christmas holiday, the market has already positioned itself with an influx of $131 million in buying funds. The expectations of institutions are the best proof of the market's recovery.
4. Ethereum Prague Upgrade
Looking back at Ethereum's upgrade history, each upgrade has seen its price enter a major increase within three months. The Prague upgrade is expected to reveal results in January (although there is a possibility of delay, it does not affect the final trend). Let us look forward to Ethereum leading the market once again!