Fed Interest Rate Decision and a Potential Merger: Crypto Week Ahead

Fed Interest Rate Decision and a Potential Merger: Crypto Week Ahead

Cryptocurrency markets will be watching this week to see if Bitcoin does that. and ether It could make a meaningful move towards breaking support or resistance levels, or if the range-bound action continues.

There will be a lot of stimulus in the market next week. In particular, Core Scientific (CORZ)’s virtual meeting on October 30 will outline decisions regarding a vote on a potential merger with CoreWeave (CRWV). The Fed is also scheduled to make a decision on interest rates on October 29th, which is touted to be a major market mover.

what to see

  • cryptography
    • Oct. 27, 10 a.m.: Kadena (KDA) Chief Business Officer Anneliese Osborn will host an AMA on Telegram.
    • October 28th, 2:53pm: Ethereum’s Fusaka hard fork upgrade is scheduled to be applied to the Hoodi testnet.
    • October 30: Cronos (CRO) mainnet receives “Smarturn” upgrade.
    • October 30, 10:00 a.m.: Core Scientific (CORZ) virtual special meeting for shareholder vote on merger with CoreWeave (CRWV) and related executive compensation.
    • October 30: HashKey Chain (HSK) suspends new staking orders to renew staking contracts, promising higher yields and more sustainable APYs.
    • November 1: P2P cryptocurrency market Paxful will cease operations by this date.
    • November 2nd: Dogeday 2025 Community Celebration at Sakura Hometown Square, Chiba Prefecture
  • macro
    • October 27th, 10:30 a.m.: Dallas Fed Manufacturing Business Index for October (previously -8.7).
    • October 28th 8:00 am: Mexico’s September unemployment rate (previously 2.9%).
    • October 28th 10:00 am: Richmond Fed Manufacturing Business Index for October (-17 compared to the previous month).
    • October 29th, 9:45 a.m.: Bank of Canada interest rate decision. Policy interest rate (previously 2.5%). The press conference will begin in 45 minutes. Watch it live.
    • Oct. 29, 2:00 p.m.: Federal Reserve interest rate decision. Expected target range for the federal funds rate: 3.75% to 4%. The press conference will begin in 30 minutes. Watch it live.
    • October 30th, 8:00 am: Mexico’s third quarter GDP growth rate (provisional). Year-on-year change (previously 0%), quarter-on-quarter change (previously 0.6%).
    • October 30, 9:55 a.m.: Michelle W. Bowman, Federal Reserve Vice Chair for Oversight, speaks at the Economic Growth and Regulatory Affairs Reduction Act Outreach Conference. Watch it live.
    • October 31st 8:00 am: Brazil’s September unemployment rate (previously 5.6%).
    • Oct. 31, 8:30 a.m.: Canadian August GDP month-on-month forecast. 0%.
  • Revenue (estimated based on FactSet data)
    • October 28: PayPal Holdings (PYPL), premarket.
    • October 30: Coinbase Global (COIN), post-market.
    • October 30: Reddit (RDDT), post-market.
    • October 30: Riot Platform (RIOT), post-market.
    • October 30: Strategy (MSTR), after market.
    • November 3: Crypto mining (CIFR), pre-market.

token event

  • Governance votes and calls
    • Decentraland DAO is voting to launch the DAO Land Access Program, which will allow creators to temporarily use unused DAO land for projects such as art, education, and social spaces. Voting ends on October 25th.
    • GnosisDAO has voted to replace subgraph-based voting with on-chain and beacon chain data, adding support for StakeWise (sGNO, osGNO) and improving voting accuracy while eliminating dependence on The Graph. Voting ends on October 28th.
    • Lisk DAO is voting on the 4M LSK proposal to launch the Lisk DAO Fund, which will replace grants with investments in Lisk’s top startups. Voting ends on October 29th.
    • The ZKsync DAO has voted to allocate ZK 33 million (approximately $1.65 million) to the ZKsync Association to maintain and strengthen its governance infrastructure until 2026. Voting ends on October 29th.
    • ENS DAO is voting to fund ENS Contract Naming Season, a 6-month program of 75,000 USDC and 10,000 ENS led by Enscribe to accelerate smart contract naming, drive ENS adoption, and improve Ethereum UX. Voting ends on October 29th.
    • The Arbitrum DAO is voting on a proposal to transfer 8,500 ETH from its Treasury to the Arbitrum Financial Management Council in order to activate idle funds and generate yield. Voting ends on October 30th.
  • unlock
    • October 25: Plasma Releases 4.97% of circulating supply worth $34.65 million.
    • October 28th: Freeing up 21.48% of circulating supply worth $12 million.
    • October 28th: Frees up 72.4% of circulating supply valued at $77.4 million.
    • October 28th: Freeing up 1.72% of circulating supply worth $19.5 million.
    • October 30th: Releases 4.55% of circulating supply worth $15.75 million.
    • October 30th: Releases 5.99% of circulating supply worth $13.65 million.
    • October 31: Immutable (IMX) releases 1.24% of its circulating supply valued at $13.07 million.
    • October 31st: Freeing up 1.71% of circulating supply worth $13.79 million.
    • November 1st: Freeing up 1.21% of circulating supply worth $108.14 million.
    • November 1st: Freeing up 12.1% of circulating supply worth $40.87 million.
    • November 2nd: Release 0.6% of circulating supply worth $19.05 million.
  • Activate token

conference

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