The year 2020 passed quickly and unusually by the impact of the Corona virus, and only 4 months remained.

These remaining months certainly carry a lot of events at all levels, but by virtue of the Arab Bitcoin specialization, we will address the most important events and expected dates related to Bitcoin, which could have a clear impact on the price of the currency.

The most important of these dates are:

August 31 and September 28: CME futures expires

It is now almost certain that CME’s last bitcoin futures trading day will cause bitcoin’s volatility.

The August contracts will be traded for the last time on August 31.

Read:Due to the outbreak of Corona … the closure of one of the largest bitcoin mining centers

Before and after this date, the price of Bitcoin is expected to be more volatile.

While the last trading day for the September contracts will be September 28 which is also an important date that may affect the price of Bitcoin.

September 10: European Central Bank meeting

The European Central Bank (ECB) will hold its monetary policy meeting in Frankfurt on September 10th.

We have seen that decisions made regarding interest rates in the past months have a bearing on Bitcoin.

The European Central Bank kept interest rates unchanged last month.

While the pace of the coronavirus has recently increased again, changes in asset purchase programs and interest rates may lead to volatility.

September 15-16: Federal Open Market Committee meeting

The Bitcoin market has been following interest rate decisions closely for a while now.

This has become even more important as interest rate decisions have been observed to have a significant impact on the Bitcoin price recently.

The US Federal Reserve makes interest rate decisions at the Federal Open Market Committee (FOMC).

Decisions made at committee meetings affect all global markets and direct the course of the market.

Read:A naval ship named “Satoshi” aims to become a hub for crypto companies in this way

The crucial meeting will be held on September 15th.

After the FOMC meeting, the interest rate decision will be announced on September 16th.

October 18-23: FATF Meetings

The G-20 Financial Working Group (FATF), whose recommendations have been considered by more than 200 countries, will meet in October to discuss ways to create a stronger global framework for regulating cryptocurrencies.

Important data that will affect the sector may come from these meetings.

As the meeting approaches, it is worth noting that BitMEX is requesting users’ information as part of its KYC procedures, which we pointed out in yesterday’s article titled:

BitMEX Cryptocurrency Exchange Adds KYC Procedures to All Its Users

Unconfirmed Dates in 2020: Bitcoin, Digital Yuan, Libra and PayPal Improvements

Although the dates are not yet known, there may be significant developments on the Libra and PayPal front in the coming months.

The cryptocurrency project Libra was expected to be operational by the end of this year.

Libra developments are expected to have a direct impact on the bitcoin price.

Read:US Treasury targets stablecoins in latest regulatory risk assessment

Similarly, media reports have surfaced that PayPal is working on a cryptocurrency trading service.

In fact, these unconfirmed reports were bolstered by PayPal’s search for crypto engineers.

Any official announcement from PayPal may also affect the prices of cryptocurrencies.

On the other hand, the Bitcoin software could see major changes before the end of 2020.

The implementation of privacy, scalability, and smart contract improvements such as Schnorr and Taproot may be called into question.

In conclusion, the digital yuan’s efforts are gaining momentum in China.

According to a recent report, the Chinese government is expanding its digital yuan trials to six other states, including Beijing.

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