These 5 events will shake up the crypto universe in April!

The month of April promises to be full of significant developments for the crypto sector. With key events involving industry giants, regulators and major virtual currencies, the market is buzzing with anticipation. Let’s find out the 5 hottest events that could potentially shake up the crypto markets.

Data on Inflation and rate cuts by the FED

The explosive US inflation figures revealed on April 10 will shake up the markets. Indeed, these statistics will guide the Federal Reserve's (FED) strategy on rates. Consequently, any inflationary or deflationary surprise will trigger intense stock market shocks. Although decorrelated, crypto will be no exception. Thus, crypto investors will eagerly scrutinize this crucial data. Because any unexpected deviation from forecasts will inevitably cause erratic fluctuations in the prices of virtual currencies. In short, this macroeconomic bomb with potentially devastating repercussions will capture general attention

The highly anticipated Halving Bitcoin for this month of April

Probably between April 19 and 21, 2024, the Bitcoin halving will upset the balance. Indeed, this quadrennial event will drastically reduce the rewards for miners. Historically, these halvings have been powerful bullish detonators. Also, many experts are predicting a new spectacular surge in the price of crypto. Because the slowed supply will automatically lead to a scarcity of bitcoin. However, other voices contest this alleged impact, deeming its integration acquired.

The SEC vs. Coinbase Lawsuit

On April 19, the Coinbase/SEC confrontation will reach the height of its tension. Indeed, both parties must absolutely agree on this pivotal date. Otherwise, an interminable legal battle will inevitably begin and the consequences for the crypto ecosystem will remain undetermined. Thus, a negotiated outcome would ease lingering regulatory tensions. On the other hand, legal escalation would sow deep mistrust among investors.

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The audience of the CEO of the crypto exchange Binance

On April 30, all eyes will be on the decisive hearing of the boss of Binance. Indeed, the outcome will determine Changpeng Zhao's legal fate. Despite the opacity surrounding the exact charges, the stakes are high because Binance is a key player in crypto trading. Thus, an unfavorable verdict would permanently shake the trust placed in the platform. However, some analysts hope that a lenient outcome would restore its image. Whatever happens, this event will focus general attention.

The launch of EigenLayer on the Ethereum network

Towards the end of April, the sensational launch ofEigenLayer will defy established conventions. Indeed, this smart contract solution is already making a lot of noise. Some consider it a potential revolutionary “Ethereum 2.0”. On the other hand, others temper these hopes, aware of previous failures. Despite everything, a wave of enthusiasm will inevitably sweep through the crypto community.

In short, let us remember that April 2024 will mark a major turning point for the crypto sector. Intense speculative upheavals, chaotic earthquakes on prices and profound upheavals in sectoral balances are to be expected. In addition, we should prepare for a range of disruptive and explosive events. These events will undoubtedly leave lasting traces within the global crypto ecosystem.

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