FOMC Interest-Rate Decision, Do Kwon Sentencing: Crypto Week Ahead
This week features the FOMC interest rate decision, Do Kwon's sentencing, and various crypto events like token unlocks and governance votes.Summary
The upcoming week, starting December 8th, is marked by significant macroeconomic and cryptocurrency events. The Federal Open Markets Committee (FOMC) is expected to announce a 25-basis-point interest rate cut on December 10th, potentially boosting riskier assets like crypto. Also on December 11th, Terraform Labs founder Do Kwon is scheduled for sentencing after pleading guilty to fraud charges, with prosecutors seeking 12 years. Key crypto events include the EstateX platform going live, the Celo hardfork, the Bittensor halving event, and several token unlocks for LINEA, APT, and CHEEL. Additionally, several DAOs, including Celo Public Goods, Aave DAO, and Arbitrum DAO, have active governance votes on allocations, stablecoin onboarding, and delegate rewards.
(Source：CoinDesk)