Key Cryptocurrency Events to Watch in December 2024

December 2024 is shaping up to be a busy month in the cryptocurrency world, with several key token unlocks, Exchange Traded Fund (ETF) launches, and advisory committee meetings. Here's a breakdown of the most important events:

Significant Token Unlocks

  • Sui (SUI): On December 1st, approximately 55.54 million tokens will be unlocked, representing 0.56% of the total supply, valued at roughly $85 million.
  • Ethena (ENA): On December 2nd, approximately 95.31 million tokens will be unlocked, representing 0.64% of the total supply, valued at roughly $27.2 million.
  • Santos FC Fan Token (SANTOS): On December 1st, approximately 5.7 million tokens will be unlocked, representing 19% of the total supply, valued at roughly $12.7 million.
  • Walrus (WAL): On December 1st, approximately 32.7 million tokens will be unlocked, representing 0.65% of the total supply, valued at roughly $5.5 million.
  • Jito (JTO): On December 7th, approximately 11.31 million tokens will be unlocked, representing 1.13% of the total supply, valued at roughly $5.4 million.

ETF Listings

  • Pantera Ethereum ETF: Scheduled to be listed on the Hong Kong Stock Exchange on December 3rd, allowing investors direct exposure to Ethereum (ETH).

Protocol and Project Updates

  • dYdX: The community has approved a one-month liquidation rebate pilot program, starting December 1st, rewarding traders who experience liquidation events.
  • Aster: Stage 3 (S3) airdrop schedule update, with the checker opening on December 1st and token claims available from December 15th.
  • Syndicate: Epoch 2 launch on December 1st, requiring SYND stakers to redelegate to supported application chains.
  • Aztec Network: Launching an AZTEC token public auction on December 2nd, following the launch of their new Layer 2 solution, Ignition Chain.
  • HumidiFi: Their WET token will be launched via the Jupiter DTF platform on December 3rd.
  • Ethereum Foundation: The Fusaka upgrade is expected to activate on the mainnet on December 4th, introducing BlobblobDAS and improving L1 performance.

Regulatory Meetings

  • SEC Investor Advisory Committee: Will hold a public online meeting on December 4th to discuss corporate governance and tokenization of stocks.

Other Developments

  • CME Group and CF Benchmarks: Will launch two new Bitcoin volatility indices on December 2nd.
  • Binance: Will remove multiple leveraged trading pairs on December 4th.
  • Upbit: Corrected the amount of stolen funds to approximately $30.43 million and will undergo an on-site inspection by Korean regulators until December 5th.
  • YZi Labs: Season 2 of the Easy Residency program will conclude on December 5th.
  • Aria Protocol: The community airdrop for their native token $ARIAIP will end on December 7th.
  • Uniswap: The "UNIfication" proposal has initially passed, with an on-chain vote expected next week.
  • US Economic Data Delay: The release of September's PCE data has been rescheduled for December 5th, and the preliminary Q3 GDP report has been canceled.

These events represent just a snapshot of the expected activity in the cryptocurrency market during December 2024. Investors and traders should stay informed to make well-informed decisions.


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