MarketsShareShare this articleCopy linkX (Twitter)LinkedInFacebookEmailUpcoming Week in Crypto: Congress Returns and Jobs Report
Your preview of the week starting June 1.
By Francisco Rodrigues|Edited by Sheldon Reback Jun 1, 2026, 8:50 a.m. 4 min readMake preferred on U.S. Congress returns (Shutterstock)Key Points:
The upcoming week in the crypto sector is pivotal, with significant developments expected in regulations and employment data likely to affect the market.
The start of June may transform the policy achievements in crypto from 2025 into enforceable regulations. The comment periods for the stablecoin regulations under the GENIUS Act will close this week, marking a crucial transition from proposed rules to actionable guidelines for issuers.
The decisions made during this time will determine issuer eligibility, reserve requirements, and the future of yield opportunities. Financial institutions have been lobbying to delay the implementation of these rules, particularly concerning yield-bearing stablecoins, which have already caused delays in the Clarity Act. The Senate will reconvene on June 3 to address these issues.
The stablecoin market has reached a new high of $322 billion as of late May, according to Samara Cohen, BlackRock’s global head of market development, who referred to stablecoins as a “bridge between traditional finance and digital liquidity.” The European Central Bank has cautioned that the rising usage of stablecoins could serve to solidify the dominance of the dollar.
Additionally, macroeconomic factors and geopolitical developments will require careful observation. Economic indicators will provide insights into the Fed's potential policy shifts, while a rapid ceasefire in the Middle East could enhance risk appetite among investors.
Upcoming Events
(All times ET)
- Crypto Events
- June 2: Comment period for the GENIUS Act stablecoin regulations ends for the Treasury, FDIC, and FinCEN/OFA.
- June 3: The Senate resumes discussions to merge the Clarity Act and the GENIUS Act updates, aiming for an August signing.
- Q3: Ethereum is set to advance with the ‘Glamsterdam’ upgrade, which includes parallel execution, ePBS MEV reforms, a target gas limit of 200M, and reduced layer-1 transaction fees.
- Macroeconomic Events
- June 1, 10 a.m.: U.S. ISM Manufacturing PMI for May is expected to be 52.6 (previously 52.7); prices are estimated at 85.3 (previously 84.6).
- June 1, 6 p.m.: South Korea's inflation rate year-on-year for May is anticipated to be 3.0% (previously 2.6%).
- June 2, 5 a.m.: Eurozone inflation rate year-on-year flash estimate for May is projected at 3.3% (previously 3.0%); core inflation year-on-year flash estimate is 2.4% (previously 2.2%).
- June 2, 10 a.m.: U.S. JOLTs Job Openings for April are expected to be 6.8 million (previously 6.866 million).
- June 3, 8:15 a.m.: U.S. ADP Employment Change for May is estimated at 110,000 (previously 109,000).
- June 3, 10 a.m.: U.S. ISM Services PMI for May is anticipated at 53.6 (previously 53.6).
- June 4, 8:30 a.m.: U.S. Initial Jobless Claims for the week ending May 30 are projected at 216,000 (previously 215,000).
- June 5, 8:30 a.m.: U.S. Nonfarm Payrolls for May are estimated at 96,000 (previously 115,000); the unemployment rate is expected to remain at 4.3% (previously 4.3%).
- June 5, 8:30 a.m.: U.S. Average Hourly Earnings month-on-month for May are estimated at 0.3% (previously 0.2%).
- June 7: OPEC+ 41st Ministerial Meeting and 66th JMMC.
- Earnings Reports
- June 1: HIVE Digital Technologies (HIVE), after market close, is projected to report -$0.22.
Token Events
- Governance Votes & Proposals
- Superfluid DAO is voting on continuing yield backends for ETHx and USDCx using existing code across all networks, with voting ending on June 1.
- ENS DAO is voting on a proposal to decide the structure and election timeline for Term 7 of its working groups, with voting concluding on June 1.
- ShapeShift DAO is voting to distribute $150,681.30 of unallocated exploit revenue to affected DeFi communities and to include discostu in the engineering workstream for business development, with voting ending on June 2 and June 3.
- Decentraland DAO is voting on lowering the voting power threshold for governance proposals from 6 million to 5 million or below to address declining voter engagement, with voting ending on June 2.
- 1inch Network DAO is voting to renew its recognized delegate program for another year with a revised budget of $220,000 and stricter performance metrics, with voting ending on June 3.
- Arbitrum DAO is voting on proposals to fund the Arbitrum Foundation with $16 million in RWAs, 1,740 ETH, and 230 million ARB for ongoing operations, and to transition Arbitrum Nova to a low-maintenance state, with voting concluding on June 4.
- Lightchain AI DAO is voting on migrating 4.42 billion LCAI from its Ethereum-based treasury to its native Lightchain mainnet DAO treasury at a 1:1 ratio, and on approving a BitMart listing agreement and $30,000 listing fee, with voting ending on June 5 and 6.
- Unlocks
- June 1: SUI$0.8809 will unlock 0.36% of its circulating supply valued at $12.88 million.
- June 5: Ethena (ENA) will unlock 2.07% of its circulating supply worth $15.17 million.
- June 6: Hyperliquid (HYPE) will unlock 2.54% of its circulating supply worth $673 million.
- Token Launches
- June 1: Venice (VVV) will cut token emissions by 1 million tokens annually.
- June 1: Drift (DRIFT) will be removed from Upbit Korea.
- June 2: Sei (SEI) will introduce a “new blockchain revaluation framework for financial services” in collaboration with Mastercard.
- June 4: Deadline for Augur hard fork.
Conferences
- June 1–3: Proof of Talk 2026 (Paris, France)
- June 2–3 · Istanbul Blockchain Week 2026 (Istanbul, Turkey)
- June 2–4 · Money20/20 Europe 2026 (Amsterdam, Netherlands)
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