Crypto December Calendar is MEGA BULLISH
This week's market analysis previews upcoming crypto events in December and early January that could impact prices. Bitcoin anticipates an ETF decision as early as January while Ethereum may see an approval even sooner in December. Additional layer 1s like Algorand, Avalanche and Polygon have upgrades going live soon.
Several launches also take place across gaming and DeFi apps like Off The Grid, Shrapnel and Uniswap's highly-anticipated V3 iteration. Mainstream tech continues embracing crypto as well, with GTA 6 supposedly revealing in-game NFTs and Elon Musk integrating Twitter with digital assets. Additionally, token projects like XRP and Evernode plan airdrops before year's end.
On the policy front, Wyoming proposes a legal framework for stablecoin issuance by the end of December. While not directly market-moving, the regulatory clarity could improve longer-term institutional infrastructure. Other key dates include BASE launching on Coinbase and the SEC's settlement conference with Ripple on December 15th.
With catalysts across business adoption, political legislation and crypto networks themselves, December shapes up as an event-filled close to 2022. Look for potential price volatility around these dates on related tokens and the broader crypto market. On-chain activity and whale transactions could spike in response to particularly market-moving announcements.
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