What Will Happen In The Crypto Market This Week?

Bitcoin and other cryptocurrencies have gotten off to a good start to the new week. So what changes will be followed in the cryptocurrency market this week?

What will happen in the crypto market this week? What developments will be followed this week in the cryptocurrency market? Here are the details ... Bitcoin and other cryptocurrencies have gotten off to a good start to the new week. Ethereum, in particular, is breaking records in a row. ETH has reached nearly $ 3,400 today. On the other hand, significant increases were recorded in BNB and other important altcoins. While there is a positive atmosphere in the market, which developments are expected to affect the cryptocurrency markets directly or indirectly in the coming days? Just at the beginning of the week, let's review the upcoming developments:

PayPal Will Publish Its Balance Sheet

PayPal, which has been involved in all areas of the cryptocurrency industry recently, will announce its balance sheet on May 5. Today, a few days before this announcement, news came to the fore that PayPal was preparing to issue stable cryptocurrencies and started talks with Ava Labs for it. We can hear more cryptocurrency news from PayPal on Wednesday, May 5th.

Uniswap V3 Launch

Uniswap V3, known as the third version of the popular decentralized exchange Uniswap, will be launched on Wednesday, May 5th.

Elon Musk - SNL May 8

Elon Musk, the founder of the electric car manufacturer Tesla, started to post about Dogecoin once again. Musk has a lot of influence on Dogecoin's price with his frequent posts. This week there are expectations about DOGE. Musk tweeted "The Dogefather, SNL May 8" on his account last week. Introducing himself as the "father of Dogecoin", Musk is expected to participate in the Saturday Night Live program, which will be aired on May 8. It is thought that the famous billionaire will talk about Dogecoin here.

Possible Explanations About Regulation in Turkey

It is seen that Turkey has entered a rapid regulation process on cryptocurrencies. Last week, the CBRT Governor stated that the regulations on this issue will be finalized in two weeks. Therefore, in the next days or the next week, statements may be made that an arrangement is made in Turkey.