The most noteworthy industry events and project progress to watch out for in the coming week, subscribe with one click to stay on top of the market pulse anytime, anywhere.
The must-not-miss Web3 events this week (January 20 - January 26, 2024) are previewed in the image below:
Monday (January 20): Trump, the U.S. president who supports cryptocurrencies, will be officially sworn in on January 20, 2025. Vice President-elect J.D. Vance will also be sworn in, joining Trump to form the new administration. The inauguration ceremony is expected to take place at 12:00 PM Eastern Time (1:00 AM Beijing time on January 21). There are reports that Trump is expected to announce more than 100 executive orders on his first day (January 20), which may include the abolition of controversial cryptocurrency accounting policies, the release of Silk Road founder Ross Ulbricht, and the creation of a strategic Bitcoin reserve.
Additionally, SEC Chairman Gary Gensler and CFTC Chairman Rostin Behnam will both resign on January 20, after leading multiple enforcement actions in the cryptocurrency sector during their tenures.
In terms of project airdrops and token launches, the Orbiter token OBT will undergo a TGE and open airdrop claims on January 20, with the airdrop claim window opening at 2:00 PM, after the airdrop query has been made available.
Tuesday (January 21): MicroStrategy's shareholder meeting will vote on a plan to increase its authorized stock issuance on January 21, from 330 million A-class common shares to 10.3 billion, and from 5 million preferred shares to 1 billion. Analysts expect the stock authorization plan to be approved, which could make MicroStrategy's potential float exceed that of all Nasdaq 100 companies except the top four (Nvidia, Apple, Alphabet, and Amazon). MicroStrategy's past Bitcoin purchases have been partially funded by its stock sales.
South Korea's FIU will review Upbit's alleged KYC violations on January 21 and finalize the sanctions. If the sanctions are confirmed, Upbit will be restricted from onboarding new customers during the business suspension period (up to 6 months), while existing users can still trade normally.
Wednesday (January 22): WAGMI 2025 will be held in Florida, USA, from January 22 to 24, 2025, the first large-scale Web3 event in the U.S. after Trump's inauguration.
Thursday (January 23): The Animecoin token ANIME will be launched for trading on January 23. ANIME (Animecoin) is a project co-launched by the Arbitrum Foundation, Azuki, and the Weeb3 Foundation, aiming to build a blockchain-based ecosystem to incubate and promote the development of anime culture, with 37.5% of ANIME tokens allocated to the Azuki community.
Friday (January 24): The SoSoValue token SOSO will open trading at 6:00 PM on January 24. SoSoValue plans to airdrop 49 million tokens in the first quarter, accounting for 4.9% of the 1 billion total supply, divided into three parts, including the SoSoValue mining launched on Bybit Launchpool on January 20.
Saturday (January 25): Jupiter will host the Catstanbul event in Istanbul from January 25 to 26. The Jupuary 2025 airdrop activity will be conducted before January 25, with the airdrop query already online, and approximately 2 million eligible wallets, with a total airdrop of 700 million tokens.
Sunday (January 26): The Catton AI token CATTON will be launched on the BNB Chain on January 26, 2025. Catton AI is an AI-based Telegram gaming platform, with 50% of the CATTON total supply used for ecosystem airdrops, including 37% for MONKY holders, 10% for Catton AI players, 2% for FLOKI holders, and 1% for ApeCoin DookeyDash players.
The application deadline for the 9th season of the BNB Chain MVB has been extended to January 26.
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