The week of June 29 to July 5 brings a confluence of macro data, regulatory deadlines, and industry milestones that will shape crypto market sentiment.
U.S. June Nonfarm Payrolls Release
The June jobs report on Friday will be a key input for the Federal Reserve’s rate path. A strong reading could push back rate-cut expectations, potentially weighing on risk assets including cryptocurrencies.
EU MiCA Transition Grace Period Ends
On June 30, the transitional grace period under the EU’s Markets in Crypto-Assets Regulation (MiCA) expires. From July 1, all unlicensed crypto exchanges, wallet providers, and stablecoin issuers must halt operations in the EU or face penalties. Several platforms have already announced service suspensions or relocations.
Russia and Tennessee Ban Crypto Mining, ATMs
Russia enforces a nationwide ban on crypto mining, freezing all mining activities. Separately, the U.S. state of Tennessee passes a law prohibiting crypto ATM operations. These moves tighten regulatory pressure and could shift mining hash power and compliance strategies.
Hikvision Hard Drives Price Hike
Hikvision, a major surveillance storage provider, raises prices on its hard drive lineup. The move is linked to increased demand from crypto mining (e.g., Chia), raising hardware costs for miners.
Polygon zkEVM Beta Shutdown
Polygon officially shuts down its zkEVM Beta version. Users must migrate to the mainnet version, marking a transition to a more mature Layer2 scaling solution.
Securitize Lists on NYSE
Tokenized securities platform Securitize is set to list on the New York Stock Exchange, becoming the first specialized tokenization firm to go public on a major exchange—a milestone for RWA (real-world asset) tokenization.
Trump Account Registration Opens
Former U.S. President Donald Trump’s social media platform “TRUTH Social” opens account registration to the public. Market participants watch for potential integration of crypto payments or NFT features, which could spark volatility in related tokens.