Macro & Regulatory Events
From June 29 to July 5, market focus will center on the US June nonfarm payrolls report, which will shape expectations for the Fed's next rate decision and consequently impact crypto risk appetite. Meanwhile, the EU's Markets in Crypto-Assets (MiCA) transition grace period officially expires, forcing many crypto exchanges that have not yet achieved full compliance to shut down or restructure their services—a milestone marking the full enforcement of Europe's crypto regulatory framework.
Bans, Tech Updates & Market Moves
Russia and the US state of Tennessee are set to enforce bans on crypto mining and cryptocurrency ATMs, respectively, reflecting a tightening regulatory landscape globally. Separately, Polygon zkEVM Beta is closing, signaling a new phase for this Layer-2 scaling solution; Securitize, a tokenization platform, is listing on the New York Stock Exchange, highlighting the convergence of traditional finance and digital assets. Hikvision hard drives are raising prices due to demand shifts, potentially affecting mining costs. Finally, former President Trump's campaign account is opening for crypto registrations, underscoring growing political acceptance of digital assets.