Looking ahead to the week starting September 21, the cryptocurrency sector displays a strong start despite recent economic pressures.

Bitcoin is making strides towards the $84,000 mark, currently valued at $84,592.36. This uptick comes after the Federal Reserve's recent rate hike, which raised the benchmark target to 4.00%. The crypto market is showing resilience in the face of the Fed's hawkish stance.

Key macroeconomic indicators to watch include U.S. jobless claims and metrics regarding housing and durable goods, with markets also reacting to recent decisions from the Bank of Japan and the Bank of England.

On the regulatory front, the SEC is set to launch its tokenized securities pilot program, which is drawing significant attention.

What to Anticipate

(All times are in Eastern Time)

  • Crypto Events
    • September 22: The SEC will begin a conditional 5-year exemption for select institutional platforms to pilot trade tokenized stocks on public blockchains.
  • Macro Events
    • September 24, 8:30 a.m.: Expected Canada Retail Sales MoM for August at -0.8% (previously at 0.6%).
    • September 24, 8:30 a.m.: U.S. Initial Jobless Claims for the week ending September 19 estimated at 201K (previously 196K).
    • September 24, 10:00 a.m.: U.S. New Home Sales for August expected at 700K (previously 739K).
    • September 25, 8:30 a.m.: U.S. Durable Goods Orders MoM for August expected at -0.3% (previously 1.1%).
    • September 25, 10:00 a.m.: U.S. Michigan Consumer Sentiment Index Final for September estimated at 47.8 (previously 51.7).
  • Earnings Reports
    • No earnings reports scheduled.

Token Events

  • Governance Votes
    • Lido DAO is voting on a proposal to authorize a $1.5 million liquidity market-making mandate for centralized exchanges, which includes 480,000 USDC to maintain order book depth. Voting ends September 21.
    • Uniswap Governance is conducting a temperature check on extending its protocol fee collection and UNI burn infrastructure to the Arc network, with voting concluding on September 23.
    • CoW DAO is voting on a redesign of its solver quote competition, allocating 10% of protocol revenue for dedicated quote rewards. Voting ends September 25.
  • Unlocks
    • September 21: Canton CC$0.1150 will unlock 0.38% of its circulating supply, valued at $17.17 million.
    • September 22: TON (TON) will unlock 1.3% of its circulating supply, worth $51.2 million.
    • September 23: Humanity H$0.07096 will unlock 14.7% of its circulating supply, estimated at $20.8 million.
  • Token Launches
    • No major token launches confirmed.

Conferences

  • No conferences scheduled.

Newsletters

Crypto Daybook Americas - The latest moves in crypto markets, in contextMarket analysis for crypto traders and investors.PreviewBy subscribing, you will receive emails about CoinDesk products and agree to our terms & conditions and privacy policy.week aheadAI Disclaimer: Portions of this article were generated using AI tools and reviewed by our editorial team to ensure accuracy and compliance with our standards. For further details, refer to CoinDesk's full AI Policy.