Top Events Next Week
From June 29 to July 5, global markets face a cluster of critical financial and regulatory milestones. The U.S. June nonfarm payrolls report will be published, directly influencing expectations for the Federal Reserve's next rate move. Meanwhile, the European Union's Markets in Crypto-Assets (MiCA) transitional grace period officially ends, forcing most crypto exchanges to comply or shut down operations in the region.
Regulatory Crackdowns and Bans
Concurrently, Russia and the U.S. state of Tennessee are enacting bans on cryptocurrency mining and crypto ATMs, restricting miners' and retail investors' fiat on-ramps. Hikvision has announced hard drive price hikes due to supply chain constraints, while Polygon's zkEVM Beta version is being discontinued.
Traditional Finance and Political Movements
Securitize, a real-world asset tokenization platform, is set to list on the New York Stock Exchange, marking a milestone for institutional adoption. Separately, former President Donald Trump's campaign account has opened for registration, potentially sparking new discussions around political tokens. Investors should closely monitor these events for market impacts.