Crypto Week Ahead: Events to Track From October 12
U.S. inflation data will take center stage this week as investors look for clues about the Federal Reserve’s next interest-rate decision ahead of its October meeting. Current market expectations point to rates remaining unchanged, with a rate increase anticipated in December.
Earnings reports from major banks will also provide insight into lending trends, trading performance and investor demand during the third quarter.
Within the crypto industry, Ethereum developers will review planned network upgrades, while Singapore’s consultation on stablecoin regulation is scheduled to conclude.
Key Events to Watch
All times are Eastern Time (ET), unless otherwise specified.
Crypto Calendar
- October 15: ArbitrumDAO’s proposed USDG initiative is expected to move to an off-chain governance vote. Voting is scheduled to remain open until October 22.
- October 15, 10 a.m.: Ethereum developers will convene for All Core Devs Consensus Call No. 189, with discussions covering the Glamsterdam and Hegotá upgrades.
- October 16: Balancer partners must request extensions for selected v3 pools through November 30 under the protocol’s approved shutdown plan.
- October 16, 11:59 a.m.: Singapore’s Monetary Authority will close its consultation on the proposed stablecoin regulatory framework.
Macroeconomic Calendar
- October 12: U.S. bond markets will remain closed for Columbus Day, although equity markets will operate normally.
- October 13, 9:30 p.m.: China will release its September inflation figures. Annual CPI is forecast at 1.0%, compared with 0.8% previously, while annual PPI is expected to rise to 4.5% from 3.8%.
- October 14, 8:30 a.m.: U.S. September CPI is expected to increase 0.6% month over month, versus 0.4% previously. The annual rate is projected at 3.6%, up from 3.4%.
- October 14, 8:30 a.m.: Core CPI in the U.S. is forecast to rise 0.2% monthly, compared with 0.3% previously. Its annual rate is expected to reach 2.5%, up from 2.4%.
- October 15, 2 a.m.: U.K. GDP for August is expected to fall 0.1% month over month after increasing 0.4% in the previous reading.
- October 15, 8:30 a.m.: U.S. September PPI is projected to rise 0.5% monthly, compared with 0.4% previously. Annual PPI inflation is forecast to ease to 5.3% from 5.4%.
- October 15, 8:30 a.m.: U.S. core PPI is expected to increase 0.3% month over month, up from 0.2%. The annual rate is projected to decline to 4.4% from 4.6%.
- October 15, 8:30 a.m.: U.S. retail sales are forecast to grow 0.3% in September, following the previous 1.2% increase.
- October 15, 8:30 a.m.: Initial jobless claims for the week ending October 10 are expected to total 195,000, compared with 197,000 previously. Continuing claims for the week ending October 3 were last recorded at 1.716 million.
- October 15, 11:30 p.m.: U.S. Fed Chair Kevin Warsh is scheduled to speak with IMF Managing Director Kristalina Georgieva.
- October 16, 5 a.m.: The final eurozone CPI reading for September is expected to show annual inflation of 3.8%, compared with 3.2% previously.
Earnings Reports
- October 14: BlackRock (BLK) is scheduled to publish its results before the market opens. The listed estimate is $14.24.
- October 15: BNY (BNY) will report earnings before the market opens, with an estimate of $2.27.
Token-Related Developments
Governance Proposals
- Balancer: Voting on a proposal to create an independent fork funded separately from the existing project is scheduled to end October 13.
- Compound: A governance proposal to withdraw wrapped Ether (wETH) reserves from the discontinued Ronin market and bridge them to Ethereum mainnet will also reach its voting deadline on October 13.
- Gitcoin: The community is considering reducing its Snapshot quorum requirement from 2.5 million GTC to 1.5 million GTC, making it easier for proposals to meet the minimum voting threshold. The vote closes October 15.
Scheduled Token Unlocks
- October 15 — Starknet (STRK): Tokens representing 3.37% of circulating supply, valued at approximately $13.2 million, are due to be released.
- October 15 — Connex (CONX): A release equal to 1.39% of circulating supply is scheduled, with a value of about $12.18 million.
- October 16 — Arbitrum (ARB): A token unlock covering 1.56% of circulating supply is expected, worth an estimated $18.07 million.
- October 17 — Cronos (CRO): Tokens accounting for 2.33% of circulating supply are set to unlock, with an estimated value of $73.08 million.
Airdrop Deadline
- October 15: Sonic’s final deadline for claiming tokens from its Season 1 and Season 2 airdrops.
Industry Conferences
- October 12–14: Paradigm Frontiers in San Francisco.
- October 15: Pantera Blockchain Summit in San Francisco.
- October 15: Ledger Op3n in Paris.
- October 15–16: BGIN Block 15 in Washington, D.C.
- October 17–18: EDCON in Kuala Lumpur.
