IMPACT ALERTS
Upcoming events that could impact the performace of crypto assets
January 6th, 2025
Boba Network's Holocene hard fork
The Boba Network's Holocene hard fork, scheduled for January 6, 2025, represents a step forward in technological development. While its testnet nature means a moderate price impact compared to mainnet events, it signals progress critical for future network evolution. Traders may view it as an indicator of technological advancement.
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Boba Network, an optimistic multichain layer-2 scaling solution, enhances rollup technology and blockchain interoperability. It supports EVM-based tools and integrates with Avalanche, BNB, Moonbeam, and Fantom, offering transactions up to 100 times cheaper than layer-1 chains. Using Hybrid computing, it blends Web2 capabilities with on-chain functionality, enabling developers to access off-chain computing and real-world data for improved decentralized applications, positioning itself as a versatile solution for blockchain scalability.
January 14, 2025
Nosana Launches Its Mainnet
Nosana is excited to announce the launch of its Mainnet on January 14, 2025, marking a significant milestone after a year of rigorous testing and preparation. Over the past nine months, the Nosana team and its community have collaborated to enhance the platform, leveraging a global network of over 4,000 GPU nodes across 60 countries. This effort has refined its technology and drawn insights from other AI initiatives. The Mainnet introduces several powerful advancements, including the Nosana Console, a sleek interface for seamless AI inference task management; a developer-friendly Client SDK for integrating Nosana’s GPU network into projects; dynamic, market-driven pricing for efficient resource allocation; advanced job-to-node matching to optimize performance; and unrestricted access to the decentralized GPU grid, enabling scalable AI operations. Together, these features position Nosana’s Mainnet as a revolutionary step forward in decentralized GPU resource access, empowering users with greater efficiency and scalability for AI workloads. With NOS coin trading at $4 after a bullish resurgence in late 2024, the Mainnet launch represents a pivotal moment that underscores the network’s growing maturity and investor appeal.
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Strategic Bitcoin Reserve: The US Treasury plans to invest $76 billion in Bitcoin over five years, positioning it as a long-term hedge against inflation and economic instability. This reflects the administration's interest in integrating digital assets into national financial strategies.
Key Appointments: Trump has nominated crypto-friendly individuals to significant positions, including Paul Atkins to lead the Securities and Exchange Commission (SEC) and David Sacks as the White House AI and Crypto Czar. These appointments are expected to influence the regulatory landscape favorably for digital assets.
January 20th, 2025.
Trump's Inauguration
Inauguration and Immediate Actions: Trump is scheduled to be inaugurated on January 20, 2025. Industry experts anticipate that his administration will prioritize cryptocurrency-related executive orders and legislative actions shortly thereafter. These may include establishing a national Bitcoin reserve and ensuring banking access for crypto firms.
Legislative Agenda: The administration is expected to support the swift passage of pro-crypto legislation, such as the Financial Innovation and Technology for the 21st Century Act (FIT21) and the Clarity for Payment Stablecoins Act. These bills aim to provide regulatory clarity and are anticipated to advance through Congress early in 2025.
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