The week beginning October 19 brings several developments for cryptocurrency and traditional markets, including planned Bitcoin Cash and Uniswap futures launches, key inflation reports, global business activity surveys and corporate earnings.
CME Group, a leading global derivatives marketplace, is expected to introduce standard and micro futures contracts for Bitcoin Cash (BCH) and Uniswap (UNI) on Monday, pending regulatory review.
After last week’s closely watched U.S. inflation data, investors will turn to economic releases from other major economies for further signals about the direction of financial markets.
October’s preliminary Purchasing Managers’ Index (PMI) readings are scheduled for Friday. These indicators track business conditions across sectors and provide an overview of economic activity.
Earnings reports from companies with crypto-market connections, including Tesla and CME Group, are also due this week, although cryptocurrency represents only part of their broader business exposure.
Key events to watch
All times are Eastern Time (ET), unless otherwise stated.
Crypto market developments
- Oct. 19: CME Group plans to launch standard and micro Bitcoin Cash (BCH) and Uniswap (UNI) futures, subject to regulatory review.
- Oct. 21: CoinShares’ Bitcoin and Ether ETF is expected to halt trading before the market opens as the fund enters liquidation.
Major economic releases
- Oct. 19, 8:30 a.m.: Canada releases September CPI data. Previous figures were -0.1% month over month and 3.0% year over year.
- Oct. 20, 8:30 a.m.: U.S. September housing starts are forecast at 1.30 million, compared with 1.275 million previously. Building permits are expected to reach 1.40 million, up from 1.394 million.
- Oct. 21, 2 a.m.: U.K. September inflation data includes monthly CPI, previously 0.5%; annual CPI, previously 3.1%; and annual core CPI, previously 2.6%.
- Oct. 22, 8:30 a.m.: U.S. initial jobless claims for the week ending Oct. 17 are estimated at 200,000, compared with 199,000 previously.
- Oct. 22, 10 a.m.: The eurozone’s preliminary October consumer confidence reading is due, following a previous figure of -16.5.
- Oct. 22, 7:30 p.m.: Japan reports September CPI figures. Previous readings were 1.9% for headline inflation, 1.7% excluding fresh food and 1.9% excluding fresh food and energy.
- Oct. 23, 4 a.m.: The eurozone’s preliminary October composite PMI is released, following a previous reading of 53.1.
- Oct. 23, 9:45 a.m.: The U.S. preliminary October composite PMI is due, compared with the previous reading of 58.4.
- Oct. 23, 10 a.m.: The University of Michigan publishes its final October consumer sentiment reading, following a preliminary score of 46.3.
Corporate earnings calendar
- Oct. 21: CME Group (CME) reports before the market opens, with estimated earnings of $2.98.
- Oct. 21: Tesla (TSLA) reports after the market closes, with estimated earnings of $0.40.
- Oct. 22: Nasdaq (NDAQ) reports before the market opens, with estimated earnings of $1.02.
- Oct. 22: Blackstone (BX) reports before the market opens, with estimated earnings of $1.29.
Token governance and protocol updates
- Oct. 19: Ethereum’s All Core Devs Testing call No. 101 will discuss testing for the Glamsterdam and Hegotá upgrades.
- Oct. 19: WalletConnect Network’s proposal to introduce a power-law APY formula and a separate RewardWeight system for staking incentives reaches its voting deadline.
- Oct. 19: ZKsync’s vote on resubmitting its v31 protocol upgrade with corrected calldata concludes. The proposal aims to add Priority Mode for chains settling on Layer 1 and consolidate the Era and ZKsync OS codebases.
- Oct. 21: QuickSwap’s proposal to discontinue its Soneium deployment and remove the network from its landing-page interface reaches its deadline.
- Oct. 22: Arbitrum DAO concludes voting on several proposals, including revised Layer 1 pricing parameters for Glamsterdam, an L1 voting recovery mechanism, a transfer of 1,700 ETH to ADG and Treasury strategies, and the adoption of USDG as a core strategic initiative.
- Oct. 22: Starknet’s non-binding vote on researching a potential independent post-quantum Layer 1 concludes.
- Oct. 22: Optimism’s veto-only vote on moving Unichain’s sequencer operations and fee routing to the Optimism Foundation ends.
- Oct. 25: ENS DAO’s vote on activating ENSv2 on mainnet concludes. The plan would stop new v1 registrations while allowing existing names to be renewed and transferring control to the DAO.
Scheduled token unlocks
- Oct. 20: LayerZero (ZRO) is scheduled to unlock 3.83% of its circulating supply, worth approximately $44 million.
- Oct. 25: Humanity (H) is expected to release 6.84% of its circulating supply, valued at around $15.27 million.
- Oct. 25: Plasma (XPL) is set to unlock 5.02% of its circulating supply, worth approximately $17.76 million.
Upcoming token launches
No major token launches are currently scheduled for the week.
