Next week (June 29 – July 5) presents a dense calendar of global financial and crypto-specific events, ranging from US macro data to stringent regulatory deadlines. Key highlights include:
US June Nonfarm Payroll Data Release
The US Labor Department is set to release June nonfarm payroll figures. Market expectations point to a slowdown in job additions, which could influence the Federal Reserve's policy path and consequently affect crypto market risk appetite and capital flows.
EU MiCA Transition Grace Period Expires
The EU's Markets in Crypto-Assets (MiCA) regulatory framework transition grace period ends on June 30. Crypto platforms that have not obtained full authorization will face suspension or shutdown, potentially driving a shift in trading volume toward compliant platforms and causing short-term liquidity contraction.
Russia and Tennessee Crypto Mining & ATM Bans
Russia enforces its crypto mining ban next week, continuing its central bank's restrictive stance. Meanwhile, the US state of Tennessee enacts a ban on crypto ATMs, limiting retail access. Both policies will affect miners and retail users' ability to transact.
Hikvision Hard Drive Price Increase
Citing global supply chain and computing demand fluctuations, Hikvision announces a price increase on hard drives effective next week, raising storage costs for mining operations and potentially squeezing smaller miners' margins.
Polygon zkEVM Beta Shutdown
Polygon will shut down its zkEVM Beta testnet next week, marking a final technical adjustment before the mainnet launch. Developers and users should monitor the mainnet timeline and token migration details.
Securitize Lists on NYSE
Tokenized asset platform Securitize is scheduled to list on the New York Stock Exchange next week, becoming the first tokenization platform to debut on a traditional exchange. This is seen as a milestone merger between crypto and traditional finance.
Trump Account Registration Opens
The Trump campaign announces the opening of crypto donation account registration next week, allowing supporters to contribute using various digital assets, further expanding the use of crypto in political fundraising.