crypto week ahead

The market is coming out of April with a lot of major events. The four major central banks, the Bank of Japan, the US Federal Reserve, the European Central Bank and the Bank of England, all set interest rate policy this week.

At the top is a slate of US data that includes first-quarter GDP and March PCE inflation, as well as earnings from Visa, MasterCard, Robinhood and some of the biggest tech companies, the results of which could strengthen or dampen the current tone.

XYO co-founder Marcus Levin told CoinDesk that Bitcoin btc$77,734.26 Entering the week “with strong momentum around the $78,000 level, and while the Fed is expected to keep rates unchanged, persistent inflation could reinforce a hawkish tone and we could see Bitcoin fall back into the $72,000-$74,000 range once again in the short term.”

Tech giants’ earnings, Levin said, “could be a key indicator in strengthening or challenging the current trajectory given their outsized influence on equity markets, while developments around the US-Iran talks will drive sentiment through oil and dollar movements.”

what to watch

(all times ET)

• crypto
  • May 1: Magic Eden’s wallet services completely shut down.
• macro
  • April 27, 10:00 PM: Bank of Japan interest rate decision estimated at 0.75% (previous 0.75%)
  • April 29, 8:45 am: Bank of Canada interest rate decision (previous 2.25%)
  • April 29, 01:00 PM: US Fed interest rate decision estimated at 3.75% (previous 3.75%)
  • April 30, 4:00am: Euro zone inflation rate flashes year on year for April (previous 2.6%)
  • April 30, 6:00 am: Bank of England interest rate decision estimated at 3.75% (previous 3.75%)
  • April 30, 07:15 am: European Central Bank interest rate decision estimated at 2.15% (previous 2.15%)
  • April 30, 07:30 am: US GDP growth QoQ advisory estimated at 1.5% for Q1 (previous 0.5%)
  • April 30, 07:30 am: US PCE price index for March (previous 2.8%); Basic YoY (Previous 3%)
  • April 30, 07:30 am: US initial jobless claims for the period ending April 25. 219K (previous 214K)
  • May 1, 09:00 am: US ISM Manufacturing PMI for April estimated at 52.5 (previous 52.7)
• Income (Estimates based on FactSet data)
  • April 28: Visa (V), post-market, $3.1
  • April 28: Robinhood Markets (HOOD), post-market, $0.4
  • April 28: Galaxy Digital (GLXY), pre-market, -$0.65
  • April 30: Mastercard (MA), pre-market, $4.41
  • April 30: Riot Platforms (RIOT), post-market, -$0.32
  • April 30: CoinShares (CSHR), annual report expected
  • May 1: WisdomTree (WT), pre-market, $0.25

symbolic events

• governance vote and call
  • Frax DAO is voting to add sGHO and USCC as yield strategies within sfrxUSD, expanding the stablecoin’s supporting asset set. Voting will end on April 26.
  • Ether.fi DAO is voting on treasury contributions to restore support for rsETH after the KelpDAO bridge exploit. Voting will end on April 27.
  • Compound DAO is voting on a proposal to update the rsETH price feed on its WETH and wstETH Ethereum mainnet markets. Voting will end on April 27.
  • Decentraland DAO is voting on the “2030 Transition Plan,” a strategic roadmap for the platform’s governance and metaverse product positioning. Voting will end on April 30.
  • The Noun DAO (Prop 959) is voting on a 501(c)(3) feasibility study to explore non-profit status for DAOs with significant implications for treasury management and grant-making. Voting will end on April 30.
  • Beefy DAO is voting on Q2 2026 contributor funding and Staworth contributor renewal. Voting for both will end on April 30.
  • RootstockCollective is voting on grant milestone payments for BlockScout’s global wallet. Voting will end on April 30.
  • Arbitrum DAO is voting to transfer 6,000 ETH and approximately $150,000 in inactive USDC from its main treasury to the treasury management portfolio. Voting will end on May 5.
• unlock
  • April 28: Jupiter (JUP) will unlock 1.54% of its circulating supply worth $9.67 million.
  • May 1: Needle$0.9306 To unlock 1.08% of its circulating supply worth $40.43 million
• token launch
  • April 27: Chiliz (CHZ) to launch Fantokens V2.0
  • April 28: Binance delists Dego Finance (DEGO), DENT (DENT) Truth$0.002902
  • April 28: Pharos mainnet launches
  • April 30: MegaETH (MEGA) token generation event is expected to take place.
  • May 1: Venice (VVV) will reduce token emissions from 6 million to 5 million per year.

conference