Fed interest rate decision and possible merger: crypto week ahead

This week the crypto market will be under watch to see whether Bitcoin btc,115,299.98 and ether ETH,4,165.56 A meaningful move could take place to break the support or resistance level, or whether the range-bound behavior will continue.

There will be several market catalysts in the coming week; Specifically a Core Scientific (CORZ) virtual meeting on October 30, which will outline a decision on a vote on a possible merger with CoreWeave (CRWV). The Federal Reserve will also decide on interest rates on October 29, which is considered to be a major driver of the market.

what to watch

• crypto
  • October 27, 10am: Kadena (KDA) Chief Business Officer Anneliese Osborne is hosting an AMA on Telegram.
  • October 28, 2:53 PM: Ethereum’s Fusaaka hard fork upgrade is expected to be implemented on the Hudi testnet.
  • October 30: Chronos (CRO) mainnet receives “Smartern” upgrade.
  • October 30, 10am: Virtual special meeting for stockholder vote on Core Scientific’s (CORZ) merger with CoreWave (CRWV) and related executive compensation.
  • October 30: Hashkey Chain (HSK) halted new staking orders to update the staking contract promising better yields and a more sustainable APY.
  • November 1: P2P crypto marketplace Paxful is ceasing operations as of this date.
  • November 2: Dogade 2025 community festival at Sakura Hometown Square, Chiba, Japan
• macro
  • October 27, 10:30 am: October Dallas Fed Manufacturing Index (ex-8.7).
  • Oct. 28, 8 a.m.: Mexico September unemployment rate (previous 2.9%).
  • October 28, 10am: October Richmond Fed Manufacturing Index (previous -17).
  • October 29, 9:45 am: Bank of Canada interest rate decision. Policy interest rate (previous 2.5%). Press conference starts after 45 minutes; Watch live.
  • October 29, 2 pm: Federal Reserve interest rate decision. Fed funds rate target range estimate. 3.75%-4%. Press conference begins after 30 minutes; Watch live.
  • October 30, 8 am: Mexico Q3 GDP growth (preliminary). YoY (Prev 0%), QoQ (Prev 0.6%).
  • October 30, 9:55am: Federal Reserve Vice Chair for Supervision Michelle W. Bowman speaks at the Economic Growth and Regulatory Paperwork Reduction Act outreach meeting. Watch live.
  • October 31, 8 am: Brazil September unemployment rate (previous 5.6%).
  • Oct. 31, 8:30am: Canada August GDP MOM estimates. 0%
• Earnings (estimates based on FactSet data)
  • October 28: PayPal Holdings (PYPL), pre-market.
  • October 30: Coinbase Global (COIN), post-market.
  • October 30: Reddit (RDDT), post-market.
  • October 30: Riot Platforms (RIOT), post-market.
  • October 30: Strategy (MSTR), Post-Market.
  • November 3: Cipher Mining (CIFR), pre-market.

symbolic events

• governance vote and call
  • Decentraland DAO is voting to launch the DAO Land Access Program, which allows creators temporary use of unused DAO land for projects like art, education, and social spaces. Voting will end on October 25.
  • GnosisDAO is voting to replace subgraph-based voting with on-chain and beacon chain data, adding StakeWise (sGNO, osGNO) support and improving voting accuracy while removing reliance on The Graph. Voting will end on October 28.
  • Lisk DAO is voting on a 4M LSK proposal to launch the Lisk DAO Fund, replacing grants with investments in top Lisk startups. Voting will end on October 29.
  • The ZKsync DAO is voting on allocating 33M ZK (~$1.65M) to the ZKsync Association to maintain and enhance the governance infrastructure until 2026. Voting will end on October 29.
  • The ENS DAO is voting to fund the ENS Contract Naming Season, a six-month program led by Enscribe with 75K USDC and 10K ENS to promote smart contract naming, boost ENS adoption, and improve Ethereum UX. Voting will end on October 29.
  • Arbitrum DAO is voting on a proposal to transfer 8,500 ETH from its treasury to the Arbitrum Treasury Management Council to activate dormant funds and generate yield. Voting will end on October 30.
• unlock
  • October 25: Plasma xpl,0.3719 To unlock 4.97% of its circulating supply worth $34.65 million.
  • 28 October: Signal,0.04331 To unlock 12% of its circulating supply worth $21.48 million.
  • 28 October: Grass,0.4453 To unlock 72.4% of its circulating supply worth $77.4 million.
  • 28 October: chanting,0.4334 To unlock 1.72% of its circulating supply worth $19.5 million.
  • 30 October: jora,0.09835 To unlock 4.55% of its circulating supply worth $15.75 million.
  • 30 October: KMnO,0.06716 To unlock 5.99% of its circulating supply worth $13.65 million.
  • October 31: Immutable (IMX) will unlock 1.24% of its circulating supply worth $13.07 million.
  • 31st October: session,0.4609 To unlock 1.71% of its circulating supply worth $13.79 million.
  • November 1st: Needle,2.6329 To unlock 1.21% of its circulating supply worth $108.14 million.
  • November 1st: EIGEN,1.1876 To unlock 12.1% of its circulating supply worth $40.87 million.
  • 2 November: ENA,0.5219 To unlock 0.6% of its circulating supply worth $19.05 million.
• token launch

conference