Top Crypto News This Week: BlackRock ETH ETF, MegaETH ICO, Trump-Xi Meeting, and More
Key crypto events this week include BlackRock's ETH staking ETF deadline, the MegaETH ICO launch, and anticipated US-China trade talks.Summary
This week's top crypto news highlights several catalysts that could influence market volatility. A major focus is BlackRock's Ethereum staking ETF, with the application deadline for its staking feature set for October 30, following the SEC moving the process to a broader review, which is seen as bullish for Ethereum.
In the Layer 2 sector, the MegaETH ICO is launching on Sonar on October 27, starting with a $1 million FDV and using an English auction format to ensure fair price discovery. Furthermore, geopolitical factors are in play, as positive trade negotiations between the US and China, including an expected meeting between Trump and President Xi Jinping, are inspiring bullish momentum in Bitcoin.
Other significant events include the Vultisig VULT token launch focusing on secure, seedless self-custody, and zkPass's public sale on KaitoAI's Launchpad. Macro factors like the Federal Reserve's rate decision and Coinbase's earnings call are also expected to impact risk appetite.
(Source：BeInCrypto)