Key Events Next Week (June 29 - July 5): US Nonfarm Payrolls, MiCA Deadline, Mining Bans, and More

Key Events Next Week (June 29 - July 5)

According to MarsBit, the coming week will feature several pivotal regulatory, policy, and industry events for global crypto and financial markets. Investors should closely monitor the following milestones:

• US June Nonfarm Payrolls Release: As a key indicator for Fed monetary policy, the data will directly influence rate path expectations and subsequently affect crypto risk asset prices.
• EU MiCA Crypto Regulation Transition Grace Period Ends: All crypto asset service providers operating in the EU must obtain a compliant license or face shutdown. Many unregistered platforms are at risk of exiting the EU market.
• Russia's Crypto Mining and ATM Ban Takes Effect: The Russian government tightens controls on crypto mining activity while banning public crypto ATMs, aiming to curb capital outflows and financial risks.
• Tennessee (USA) Mining and ATM Ban: Tennessee implements similar restrictions on mining and public crypto ATMs, signaling further state-level regulatory tightening in the US.
• Hikvision Hard Drive Price Hikes: Driven by global data center expansion and crypto mining storage demand, Hikvision announces price increases for hard drives, potentially affecting decentralized storage projects like Filecoin.
• Polygon zkEVM Beta Sunset: Polygon shuts down its zkEVM Beta testnet, consolidating into an aggregated layer product, advancing ZK technology roadmap.
• Securitize Lists on NYSE: Tokenized securities platform Securitize becomes the first blockchain-based asset tokenization company to list on the New York Stock Exchange, marking a milestone for compliant tokenization going mainstream.
• Trump Official Account Opens Registration: Former US President Trump's official crypto-related account opens for public registration, potentially driving volatility in political-themed tokens or NFTs.

These events will unfold in a concentrated manner next week, likely amplifying market volatility. Investors are advised to implement robust risk management.