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Major Events to Watch Out for in the Cryptocurrency Market This Week
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Major Events to Watch Out for in the Cryptocurrency Market This Week

Ola Amujo
Ola Amujo
Ola Amujo
Author:
Ola Amujo
Ola is a content writer and editor specializing in crypto and blockchain. With years of experience writing engaging blogs and news content, he has helped readers understand complex concepts, discover new opportunities, and stay ahead of emerging trends.
January 13th, 2025

Discover the top trending events in the cryptocurrency market this week.

January 14

Producer Price Index (PPI)

The Producer Price Index (PPI) is a report from the Bureau of Labor Statistics on the change in the price of finished goods and services sold by producers.

Producer Price Index (PPI)
PREVIOUSFORECAST
0.4%0.4%

January 15

Core Consumer Price Index (CPI)

The Consumer Price Index (CPI) is a report from the Bureau of Labor Statistics on the change in the price of goods and services purchased by producers.

Core Consumer Price Index
PREVIOUS (YoY)FORECAST
2.7%2.9%

Starknet (STRK) Token Unlock

Starknet is a developing decentralized protocol built to improve DApps on the Ethereum network.

Its STRK token is for smooth operation of the network, and is key for Starknet’s staking. 

As per the Starknet Governance hub, Up to 0.64% (64 million tokens) will be unlocked on the 15th of each month, with the last token unlock occurring on March 15, 2025. On January 15, 64 million tokens will be unlocked. 

The total number of tokens unlocked will be 768 million or 7.68% of the total STRK tokens. 

Starknet (STRK) Token Unlock

Sei (SEI) Token Unlock

SEI is a smart contract platform for decentralized finance and decentralized Apps. Its core focus is speed and scalability.  

As indicated in its tokenomics, 55 Million allocated SEI tokens will be released on January 15 to its team members. This is 1.32% of its total supply.

SEI Token Unlock

January 16

Arbitrum (ARB) Token Unlock

Arbitrum is one of the layer-2 platforms on Ethereum. Developed by Offchain Labs in 2021, it aims to increase transaction speed and overall scalability of Ethereum smart contracts. On Thursday, January 16, Arbitrum will unlock 92.65 million ARB tokens worth approximately $68 million. These tokens will be for the team, advisors, and investors.

ARBITRUM Token Unlock

January 17

Apecoin (APE) Token Unlock

ApeCoin, the token for popular NFT creators Yuga Labs, release 15.6 million tokens on January 17. These tokens makeup 2.16 of the total circulating supply and would bring the total unlocked tokens to 80.16%. The distribution of the newly unlocked tokens will be to the treasury, founders, team, and contributors.

It is worth noting that historically, APE’s price falls after token releases.

APECOIN TOKEN UNLOCK

January 18

ONDO Token Unlock

Popular token, ONDO, plans a token release on January 18. The release of 1.9 Billion ONDO represents 134% of the token’s circulating supply, and the allocation will be for private sale participants, ecosystem growth, and protocol development.

ONDO (ONDO) Token Unlock

READ MORE: Japan Records Growing Interest in NFTs Among Citizens

Contributors

Ola Amujo
Ola is a content writer and editor specializing in crypto and blockchain. With years of experience writing engaging blogs and news content, he has helped readers understand complex concepts, discover new opportunities, and stay ahead of emerging trends.