Macro & Regulatory Events
US June Nonfarm Payrolls will be released next week. Markets will closely watch the data for clues on Fed policy. A stronger-than-expected print could reinforce hawkish expectations and pressure risk assets including cryptocurrencies.
EU MiCA (Markets in Crypto-Assets) transition grace period ends on June 30. After this deadline, most crypto asset service providers not registered in the EU will face forced shutdowns or operational restrictions. Several major exchanges have already announced suspensions of EU services or initiated compliance relocations.
Mining & ATM Restrictions
Russia tightens crypto mining regulations with new restrictions taking effect next week, banning mining in certain regions. Meanwhile, Tennessee (USA) enforces a ban on unlicensed crypto ATMs, aiming to curb money laundering and fraud.
Technology & Market Events
Hikvision announces price increases for its hard disk products due to global memory chip supply constraints. This may raise costs for miners and data centers.
Polygon zkEVM Beta is scheduled to shut down next week. Polygon previously urged users to migrate assets to the more mature zkEVM mainnet version before the shutdown.
Securitize, a tokenized securities issuance platform, will be listed on the New York Stock Exchange (NYSE), marking further convergence between traditional capital markets and digital assets.
Trump’s official account opens for registration, which may involve crypto-related fundraising or NFT initiatives. Details pending.