Most of the world is back from their summer vacations and the investment world is starting to speed up again. Here are 8 things I am watching in this 37th week that are sure to impact the markets:

  1. In general, crypto has been behaving more like a stablecoin with super low vola. I am not sure if this will continue. There is a Death Cross looming on Bitcoin, potentially kicking it down another 50%, and a Golden Cross looming on DXY, potentially making it hard for any USD-denominated investment to do well. Still, I’m not trying to time the char, so I keep buying the dip on Defichain and Ethereum while staking them on Bake to get cashflow twice a day.

  2. Token2049 and OrdinalsSummit are in Singapore this week. The Formula 1 is here too, so it will be super crazy with events and meetings in general.

  3. On Monday, DeFiChain special DFIPs will start, which will drive a lot of rewards for liquidity mining and increase the utility of $DFI. If you want to benefit from this, Bake is running a zero fee promo for it!

  4. Also on Monday, BitMEX is launching a perpetual for #DFI with 4x leverage. So if you’re super bullish, this is your way in!

  5. Wednesday is Apple’s 1 Wonderlust event: They’re expected to launch the new iPhone 15, iPhone 15 Pro, and Apple Watch Series 9 and Ultra 2, among other devices and accessories. Since I haven’t gotten a new phone in over 2 years, it will be my turn to support my own Apple stock.

  6. Also on Wednesday, we will get the US inflation numbers: The CPI is expected to have risen 0.4% last month, which would be the fastest monthly increase since January. On an annual basis, consumer prices probably rose 3.4%, accelerating from July’s 3.2% rate. The core CPI, which excludes volatile food and energy prices, probably rose 0.2% m/m or 4.3% y/y, slowing from 4.7% in July. This would be the smallest annual increase in two years.

  7. On top of that, FTX may start their sell-off of billions of USD in crypto assets, such as Bitcoin, Solana and many more, at a rate of 200 million USD per week, on Wednesday. This could be quite painful for these coins, fingers crossed it is not!

  8. Last but not least, Europe is making an interest rate decision on Thursday: they’re expected to hold rates steady after raising them nine times in a row since last summer. The ECB has been raising rates aggressively since last year in an effort to tame inflation, raising its benchmark deposit facility rate from a record low of -0.5% to 3.75% – the highest since 2001.

It is definitely not going to be a boring week!

What are you watching?


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CEO Cake Group & Bake