Crypto markets began the week showing resilience, according to CoinDesk’s latest Crypto Week Ahead, with bitcoin trading near the $84,000 mark at $83,915.85 even after the immediate hawkish reaction to last week’s Federal Reserve rate hike. The Fed’s move lifted the benchmark target rate to 4.00%.
The macro calendar is centered on midweek U.S. releases, including jobless claims, housing data, durable goods figures, and consumer sentiment. Cross-asset markets are also still working through the policy outlook after recent rate decisions from the Bank of Japan and the Bank of England.
SEC pilot framework moves to the front of the market calendar
On the market structure side, the main focal point is the U.S. Securities and Exchange Commission opening its pilot framework for tokenized securities.
On Sept. 22, the SEC’s conditional five-year exemption window is set to open, allowing selected institutional trading venues to begin pilot trading of tokenized stocks directly on public blockchains.
Macro events for the week
- Sept. 24, 8:30 a.m.: Canada August retail sales month-on-month, estimated at -0.8%, previous 0.6%.
- Sept. 24, 8:30 a.m.: U.S. initial jobless claims for the period ending Sept. 19, estimated at 201,000, previous 196,000.
- Sept. 24, 10:00 a.m.: U.S. August new home sales, estimated at 700,000, previous 739,000.
- Sept. 25, 8:30 a.m.: U.S. August durable goods orders month-on-month, estimated at -0.3%, previous 1.1%.
- Sept. 25, 10:00 a.m.: Final U.S. Michigan Consumer Sentiment Index for September, estimated at 47.8, previous 51.7.
No earnings releases are scheduled.
Governance votes and DAO activity
Lido DAO is voting on a proposal to authorize a contingent centralized-exchange liquidity market-making mandate for LDO. The proposal sets a budget of up to $1.5 million in recallable LDO and 480,000 USDC to maintain orderbook depth and reduce the risk of potential exchange delistings. Voting ends on Sept. 21.
Uniswap Governance is running a temperature check on extending its protocol fee collection and UNI burn infrastructure to Arc, a Layer 1 network built by Circle. Voting ends on Sept. 23.
CoW DAO is voting on a redesign of its solver quote competition. The proposal would reserve a dedicated quote reward budget equal to 10% of protocol revenue to improve price routing and order conversion. Voting ends on Sept. 25.
Token unlock schedule
- Sept. 21: Canton (CC), priced at $0.1127, is set to unlock 0.38% of its circulating supply, worth $17.17 million.
- Sept. 22: TON (TON) is set to unlock 1.3% of its circulating supply, worth $51.2 million.
- Sept. 23: Humanity (H), priced at $0.07641, is set to unlock 14.7% of its circulating supply, worth $20.8 million.
Token launches and stablecoin report mention
No confirmed major token launches are scheduled for the week.
CoinDesk also referenced its The Definitive Stablecoin Landscape Series: Asia Pacific. The report says that as stablecoins move into regulated finance, Asia Pacific is becoming a key proving ground, mapping regional rules, use cases, and RLUSD’s role.