The cryptocurrency market is set for an eventful week with major developments in various altcoins and broader macroeconomic factors. Crypto analyst The DeFi Investor has outlined the key events to watch between February 10 and February 16.
- There are rumors that CME may launch futures products for XRP ($2.41) and Solana tomorrow.
- Decentralized finance (DeFi) protocol AAVE ($242.27) (AAVE) will be available on Sonic and Linea next week.
- Bittensor (TAO ($361.41)) will be undergoing its most significant upgrade to date with the dTAO upgrade scheduled to begin on February 10.
- Public cryptocurrency exchange Coinbase (COIN) will announce its earnings report on February 13.
Related News: Watch Out: 27 Altcoins Have Massive Token Unlocks in the New Week – Here’s the Day-by-Day, Hour-by-Hour List
- Solana’s leading decentralized exchange aggregator Jupiter (JUP ($0.82)) has teased a major product announcement coming next week. Details are still unknown
- Approximately 12% of Berachain’s (BERA) total token supply will be unlocked on February 10. A large portion of these tokens are allocated for airdrops and ecosystem dApps, which could impact market dynamics depending on how buyers use their newly unlocked tokens.
- Beyond altcoin-specific developments, the overall crypto market will also be affected by the US Consumer Price Index (CPI) data set to be released on February 12.
*This is not investment advice.
Continue Reading: There are Important Events for Altcoins in the New Week: These are the Altcoins to Watch
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