MiCA Era Begins as U.S. Employment Report Becomes Key Macro Driver for Crypto -

A look at the week beginning June 29.

Crypto markets enter July as Europe’s MiCA framework moves into full enforcement following the end of its transitional period. Exchanges are now vying for regional users after Binance failed to secure a license under the new regime.

Robinhood will also be in focus this week with a product showcase featuring CEO Vlad Tenev alongside crypto head Johann Kerbrat.

On the macro front, investors face a dense slate of U.S. economic data covering employment, inflation, and manufacturing activity. Geopolitical developments remain an additional wildcard for broader risk sentiment.

Key events to watch (ET)

Crypto & corporate

July 1: MiCA transitional period ends across the EU
July 1: Robinhood hosts “The World is Flat” product event
July 2: Securitize lists on the NYSE following SPAC merger

Macroeconomics

June 30, 9:00 a.m.: U.S. House Price Index (YoY, April)
June 30, 10:00 a.m.: JOLTs job openings (May)
July 1, 5:00 a.m.: Eurozone CPI flash estimate (June)
July 1, 8:15 a.m.: ADP employment report (June)
July 1, 9:00 a.m.: Fed Chair speaks at ECB forum
July 1, 10:00 a.m.: ISM manufacturing PMI (June)
July 2, 8:30 a.m.: U.S. nonfarm payrolls (June)
July 2, 8:30 a.m.: U.S. unemployment rate (June)
July 2, 8:30 a.m.: Initial jobless claims
July 2, 4:30 p.m.: Federal Reserve balance sheet update

Earnings

None scheduled

Token events

Aave DAO voting on automating Pendle PT risk oracle upgrades (ends June 30)
Arbitrum DAO voting on scaling down Gaming Ventures and returning surplus capital (ends July 2)
GHST voting on transferring IP to AavegotchiDAO Foundation (ends July 4)
Redbelly Network voting on pausing DAO operations pending ecosystem maturity (ends July 4)

Token unlocks