Next week (June 29 to July 5) presents a packed schedule of macro, regulatory, and industry events for crypto markets. Below are the key milestones:
US June Nonfarm Payrolls
The June nonfarm payrolls report will be released next week, serving as a crucial data point ahead of the Fed's July meeting. Stronger-than-expected job growth could reinforce hawkish pressure, weighing on risk assets including cryptocurrencies.
EU MiCA Transition Grace Period Ends
The EU's Markets in Crypto-Assets (MiCA) regulatory framework reaches its transition grace period deadline next week. All crypto asset service providers operating in the EU must now be fully compliant. Many smaller and mid-sized platforms face either suspension or withdrawal from the EU market, triggering a wave of industry consolidation and potential market volatility. Major exchanges like Coinbase and Binance have already secured licenses, but a significant number remain non-compliant.
Russia and US Tennessee Mining and ATM Bans
Russia intensifies its crackdown on crypto mining, with some regions possibly implementing outright bans. In the US, Tennessee advances legislation restricting crypto ATM operations, requiring all ATM operators to register and adhere to anti-money laundering rules. These moves reflect a global trend of tightening controls on crypto infrastructure.
Hikvision Hard Drive Price Hikes
Due to ongoing global chip supply constraints and renewed demand from crypto mining, surveillance hard drive leader Hikvision announces a price increase of 5%-10% starting next week. This will ripple through miner and storage device markets.
Polygon zkEVM Beta Shutdown
Polygon co-founders announced the shutdown of the zkEVM Beta network in early July, with resources redirected to the Polygon zkEVM mainnet. Users must withdraw locked assets before the shutdown or risk losses.
Securitize NYSE Listing and Others
Tokenized asset issuance platform Securitize plans to list on the New York Stock Exchange next week under the ticker ST, marking a milestone for traditional capital markets embracing digital asset infrastructure. Additionally, former President Trump's personal NFT account opens a new registration round, drawing attention to political tokenization.