New MiCA regime in Europe, U.S. nonfarm payrolls for June: Crypto Week Ahead: Crypto Week Ahead

Crypto market participants are entering July with a critical shift in Europe as the MiCA framework’s transitional period expires. Exchanges are now competing to lure in Binance users in the region after the firm failed to secure a license.

On top of that, investors will see new product reveals from Robinhood, in an event where CEO Vlad Tenev is speaking alongside the company’s general manager for crypto, Johann Kerbrat.

There is also a packed week of U.S. macroeconomic data, including employment and manufacturing reports, while potential black swan events surrounding geopolitics could also help shape the market’s direction.

What to Watch

(All times ET)

• Crypto
  • July 1: Transitional period for the European Union’s Markets in Crypto Assets (MiCA) framework expires.
  • July 1: Robinhood (HOOD) to hold product reveal event titled “The World is Flat.”
  • July 2: Tokenization firm Securitize to start trading on NYSE after SPAC merger.
• Macro
  • June 30, 9:00 a.m.: U.S. House Price Index YoY for April (Prev. 1.7%)
  • June 30, 10:00 a.m: U.S. JOLTs Job Openings for May est. 7.28M (Prev. 7.618M)
  • July 1, 5:00 a.m: Eurozone Inflation Rate YoY Flash for June est. 3% (Prev. 3.2%)
  • July 1, 8:15 a.m: U.S. ADP Employment Change for June est. 118K (Prev. 122K)
  • July 1, 9:00 a.m: U.S. Fed Chair Warsh speaks at European Central Bank Forum
  • July 1, 10:00 a.m: U.S. ISM Manufacturing PMI for June est. 53,7 (Prev. 54)
  • July 2, 8:30 a.m: U.S. nonfarm payrolls for June est. 114K (Prev. 172K)
  • July 2, 8:30 a.m: U.S. unemployment rate for June est. 4.3% (Prev. 4.3%)
  • July 2, 8:30 a.m: U.S. initial jobless claims for period ending June 27 est. 220K (Prev. 215K)
  • July 2, 4:30 p.m: U.S. Fed Balance Sheet for July 1 (Prev. $6.736T)
• Earnings

Token Events

• Governance Votes & Calls
  • Ave DAO GHOST$91.31 is voting on upgrading the Pendle PT risk oracle stack to an automated pipeline. Voting ends on June 30.
  • Arbitrum (ARB) is voting on narrowing Arbitrum Gaming Ventures (AGV) to exclusively manage its existing portfolio. The proposal seeks DAO approval to terminate forward investment activity and return surplus capital to the DAO treasury for redeployment. Voting ends on July 2.
  • GHST$0.05854 is voting on transferring the intellectual property of the protocol from Pixelcraft Studios to the AavegotchiDAO Foundation. Voting ends on July 4.
  • Redbelly Networm (RBNT) is voting on temporarily suspending the operational activities of the Redbelly Community DAO until the broader ecosystem reaches greater maturity. Voting ends on July 4.
• Unlocks
  • EigenCloud (EIGEN) to unlock 2.91% of its circulating supply worth $8.44 million.
  • M$0.5937 to unlock 0.56% of its circulating supply worth $36.25 million.
• Token launches

Conferences