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September’s Crypto Calendar: A Guide to the Bright Future of Bitcoin

September's Crypto Calendar: A Guide to the Bright Future of Bitcoin

What's Next for and : A Guide to September's Key Events

The month of September is shaping up to be an important one for the Bitcoin and crypto market. While this week may be relatively quiet in terms of upcoming events, there are several key events and developments to look out for throughout the month.

#1 Bitcoin Spot ETF Decision

One of the most anticipated events is the potential approval of a Bitcoin spot ETF. Grayscale's recent victory in court against the SEC has raised hopes for this approval. However, analysts are predicting another delay by the SEC, with the first “final” deadline set for January 10th. While a decision in September is unlikely, negotiations between Grayscale and the SEC could yield surprises.

#2 US CPI Release on September 13th

The release of the September Consumer Price Index (CPI) report on September 13th is another important event to watch. This report will provide insight into the inflationary trends in the US economy. If the CPI shows alarming inflationary trends, the Federal Reserve may consider another potential rate hike in .

#3 FOMC Meeting on September 20th

The Federal Open Market Committee (FOMC) meeting on September 20th is another significant event in September. This meeting follows the recent surge in CPI and PCE data, with market expectations leaning towards a pause in rate hikes. Investors will be closely analyzing Fed Chair Jerome Powell's remarks for insights into the Fed's future strategy.

#4 More Crypto Events

Aside from these macro events, there are also important developments in the crypto space to look out for. The decentralized exchange dYdX is launching V4 on their Cosmos app-chain, introducing an in-memory orderbook and a revenue-sharing model for token holders. Coinbase's Base platform is also gaining traction, with the impending launch of major protocols expected to attract additional liquidity.

In conclusion, while this week may be quiet in terms of upcoming events, the month of September holds several important events and developments for the Bitcoin and crypto market. The potential approval of a Bitcoin spot ETF, the release of the September CPI report, the FOMC meeting, and various crypto events all contribute to the significance of this month. Investors and enthusiasts should stay tuned for updates and potential surprises.

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