Site icon Technology Shout

: Crypto Week Ahead

A brief, partial U.S. government shutdown wiped out a jobs report due on Friday. Instead, it will arrive this week. Watch for Wednesday’s bellwether non-farm payrolls report. The world’s largest economy is expected to create 70,000 jobs last month, up from December, while the unemployment rate is expected to hold steady at 4.4%.

The week also included gains from some of the largest and most high-profile cryptocurrency companies, including cryptocurrency exchange Coinbase (COIN). Robinhood (HOOD), a trading platform covering stocks and cryptocurrencies, is also on the list.

Outside of the U.S., Asia will receive a lot of attention, with CoinDesk’s second annual Consensus Hong Kong conference taking place. There is a good chance that participating companies will use the event as a venue for corporate announcements.

What to see

(All times are Eastern Time)

  • cryptocurrency
    • February 10: Mantle will host Mantle State of Mind Ep. 10. 06 Hong Kong Consensus Live Broadcast.
    • February 11: Immutable completes the merger of Immutable X and Immutable zkEVM.
  • Macro
    • February 9, 11 a.m.: U.S. consumer inflation expectations in January (previous value 3.4%)
    • February 10, 7 a.m.: Brazil’s inflation rate year-on-year (previous value 4.26%), month-on-month (previous value 0.33%)
    • February 10, 8:30 a.m.: U.S. retail sales in December were 0.5% (previously 0.6%)
    • February 10, 8:30 a.m.: U.S. employment cost index month-on-month (previous value 0.8%)
    • February 10, 2 pm: Argentina’s inflation rate year-on-year (previous value 31.5%), month-on-month (previous value 2.8%)
    • 8:30 pm on February 10: China’s inflation rate in January year-on-year (previous value 0.8%); month-on-month (previous value 0.2%)
    • February 11, 8:30 am: US non-farm payrolls data for January 70K (previously 50K)
    • February 11, 8:30 a.m.: U.S. unemployment rate 4.4% in January (previously 4.4%)
    • February 11, 8:30 a.m.: U.S. average hourly earnings in January are estimated at 3.8% year-on-year (previously 3.6%)
    • February 12, 2:00 a.m.: UK GDP in December. (previously 0.3%)
    • February 12, 5:30 am: India’s inflation rate in January year-on-year (previous value 1.33%); month-on-month (previous value 0.05%)
    • February 12, 8:30 a.m.: U.S. initial jobless claims for the week ending February 7 (previous value 231K)
    • Feb. 12, 10 a.m. ET: January existing home sales. 4.25M (previously 4.35M)
    • February 13, 8:30 a.m.: U.S. core inflation rate in January year-on-year (previously 2.6%); monthly estimate 0.3% (previously 0.2%)
    • February 13, 8:30 a.m.: U.S. inflation rate in January year-on-year (previously 2.7%); monthly estimate 0.3% (previously 0.3%)
    • February 14: Japan’s fourth quarter GDP growth rate (forecast value) is 0.4% (forecast value -0.6%); annualized forecast is 1.6% (last year -2.3%)
  • income (Estimate based on FactSet data)
    • February 10: Canaan (CAN), pre-market, -$0.03
    • February 10: Robinhood Markets (HOOD), post-market, $0.63
    • February 10: Upexi (UPXI), post-market, -$0.07
    • February 10: Lite Version of Strategies (LITS), post-listing
    • February 12: Coinbase (COIN), post-listing, $1.04
    • February 12: Coincheck Group (CNCK), post-listing, $0.01
    • February 12: Bitdeer Technologies Group (BTDR), pre-market, -$0.06
    • February 13: Trump Media Technology Group (DJT), post-IPO
    • February 13: HIVE Digital Technologies (HIVE), post-market, -$0.07

Token event

  • Governance votes and calls
    • February 11: Ripple will host an XRP Community Day at X Spaces to discuss XRP adoption, regulatory finance, and innovation.
  • Unlock
    • February 10: Aptos Unlocking 0.69% of its circulating supply, worth $12.07 million.
    • February 11: Unlocks 0.32% of its circulating supply, worth $14.33 million.
    • February 15: Connex Unlocks 1.56% of its circulating supply, worth $15 million.
  • Token issuance

Meeting

Spread the love
Exit mobile version