New MiCA regime in Europe, U.S. jobs report for June: Crypto Week Ahead

BY Coindesk | ECONOMIC | 05:08 AM EDT By Jamie Crawley

Crypto (CRCW) market participants are entering July with a critical shift in Europe as the MiCA framework?s transitional period expires. Exchanges are now competing to lure in Binance users in the region after the firm failed to secure a license.

On top of that, investors will see new product reveals from Robinhood, in an event where CEO Vlad Tenev is speaking alongside the company?s general manager for crypto, Johann Kerbrat.

There is also a packed week of U.S. macroeconomic data, including employment and manufacturing reports, while potential black swan events surrounding geopolitics could also help shape the market?s direction.

What to Watch

(All times ET)

  • Crypto (CRCW)
    • July 1: Transitional period for the European Union?s Markets in Crypto Assets (MiCA) framework expires.
    • July 1: Robinhood (HOOD) to hold product reveal event titled ?The World is Flat.?
    • July 2: Tokenization firm Securitize to start trading on NYSE after SPAC merger.
  • Macro
    • June 30, 9:00 a.m.: U.S. House Price Index YoY for April (Prev. 1.7%)
    • June 30, 10:00 a.m: U.S. JOLTs Job Openings for May est. 7.28M (Prev. 7.618M)
    • July 1, 5:00 a.m: Eurozone Inflation Rate YoY Flash for June est. 3% (Prev. 3.2%)
    • July 1, 8:15 a.m: U.S. ADP Employment Change for June est. 118K (Prev. 122K)
    • July 1, 9:00 a.m: U.S. Fed Chair Warsh speaks at European Central Bank Forum
    • July 1, 10:00 a.m: U.S. ISM Manufacturing PMI for June est. 53,7 (Prev. 54)
    • July 2, 8:30 a.m: U.S. nonfarm payrolls for June est. 114K (Prev. 172K)
    • July 2, 8:30 a.m: U.S. unemployment rate for June est. 4.3% (Prev. 4.3%)
    • July 2, 8:30 a.m: U.S. initial jobless claims for period ending June 27 est. 220K (Prev. 215K)
    • July 2, 4:30 p.m: U.S. Fed Balance Sheet for July 1 (Prev. $6.736T)
  • Earnings
    • Nothing scheduled.

Token Events

  • Governance Votes & Calls
    • Aave DAO (AAVE) is voting on upgrading the Pendle PT risk oracle stack to an automated pipeline. Voting ends on June 30.
    • Arbitrum (ARB) is voting on narrowing Arbitrum Gaming Ventures (AGV) to exclusively manage its existing portfolio. The proposal seeks DAO approval to terminate forward investment activity and return surplus capital to the DAO treasury for redeployment. Voting ends on July 2.
    • Aavegotchi (GHST) is voting on transferring the intellectual property of the protocol from Pixelcraft Studios to the AavegotchiDAO Foundation. Voting ends on July 4.
    • Redbelly Networm (RBNT) is voting on temporarily suspending the operational activities of the Redbelly Community DAO until the broader ecosystem reaches greater maturity. Voting ends on July 4.
  • Unlocks
    • EigenCloud (EIGEN) to unlock 2.91% of its circulating supply worth $8.44 million.
    • MemeCore (M) to unlock 0.56% of its circulating supply worth $36.25 million.
  • Token launches
    • None

Conferences

  • June 29-30: Global Blockchain Show 2026 (Riyadh, Saudi Arabia)
  • July 1: Stablecoins Unblocked (London)

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Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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