After weeks where bitcoin price has been capped mainly between $85,000 and $95,000, the crypto market may be thrown a reason to break out of dormancy on Wednesday, when the Federal Open Markets Committee sets US interest rates.
May, that is. Don’t want to. The consensus, more than 97%, is for the Fed to hold rates steady at 3.50%-3.75%, according to CME’s Fedwatch tool. As always, what is said in the post-decision press conference can be more influential than the decision itself.
It’s the start of the US earnings season. While no major crypto companies are scheduled to report, investors will likely be keeping an eye on electric car maker Tesla ( TSLA ) and what it says about its bitcoin stash. The company has more than 11,500 BTC, ranking it as the 13th largest company holder, according to BitcoinTreasuries.net.
Bybit, ranked as the second largest crypto exchange by CoinGecko, is also likely to be in the news. CEO Ben Zhou will unveil the company’s 2026 roadmap on Thursday. Almost a year ago, Bybit was hit by North Korean hackers who made off with about $1.4 billion worth of ether. and exposed ether.
What to see
- Crypto
- January 28 at 13: Hedera Network is due to undergo a mainnet upgrade expected to take around 40 minutes to complete.
- 29 January at 03:00: Bybit CEO Ben Zhou unveils the exchange’s roadmap for 2026 in a keynote titled “BUIDLING a New Financial Era.”
- Macro
- January 26, at 8:30am: US durable goods orders MoM for November (prev -2.2%)
- January 26 at 10:30am: US Dallas Fed manufacturing index for January (previously -10.9)
- January 27: US ADP Hiring Change Weekly (Prev 8K)
- January 27: US S&P/Case-Shiller House Price YoY for November (Prev 1.3%); MoM (Previous -0.3%)
- 27 January at 18.50: Bank of Japan’s monetary policy meeting minutes
- 27 January: Australia inflation y/y for December (previously 3.4%); MoM (Previous 0.0%)
- January 28 at 9:45 a.m.: Bank of Canada rate decision (previously 2.25%)
- 28 January, 14:00: Fed rate decision estimated 3.75% (Previous 3.75%)
- January 28 at 2.30pm: Fed press conference on monetary policy
- 29 January at 12.00: Japanese consumer confidence for January (previously 37.2)
- 29 January at 8:30am: US trade balance for November (previous $331.4bn)
- 29 January at 8.30am: US initial jobless claims for week ending Jan 24 (previous 200,000)
- 29 January at 6.30pm: Japan’s unemployment rate for December (previously 2.6%)
- January 30, at 5: European Economic Area GDP Growth YoY for Q4 (Prev 1.4%), QoQ Look (Prev 0.3%)
- 30 January at 8:30am: US PPI YoY for December (Prev 3%), Core PPI YoY (Prev 3%)
- Earnings (Estimated based on FactSet data)
- January 28: Tesla (TSLA), post-market, $8.22
Token Events
- Governance votes and calls
- January 28: Gala DeFi hosts an X Spaces ‘Gala Meme Hour’ session
- January 29: Helium will host a roundtable with deployers.
- January 29: Alchemy Pay to host an Ask Me Anything (AMA) community session on Discord.
- January 30: Conflux Network hosts its quarterly community call.
- Maple Finance votes to extend 25% protocol revenue allocation to Syrup Strategic Fund for H1 2026. Voting ends January 26.
- Lido votes to implement a dynamic DVT incentive model that adjusts reward splits based on operating costs, alongside a reform of the Rewards Share Committee to support Lido V3 features like stVaults. Voting ends January 26.
- Floki votes on the final rankings for the FlokiUltras3 Guerrilla Marketing Competition, inviting the community to order the top 20 entries based on creativity and impact. Voting ends January 28.
- CoW DAO votes to renew team grants. This includes a base allocation of 5% over four years and up to 10% in performance incentives linked to revenue milestones. Voting ends January 28.
- The Beefy DAO votes on whether to redistribute protocol revenue into a new “Protocol Coverage Fund” to fund Nexus Mutual coverage benefiting Beefy users. Voting ends January 29.
- Sushi votes to perform the migration of ~$57M in legacy liquidity to V3 protocol rolled out positions. Voting ends January 29.
- The GMX DAO votes on a two-year funding framework for GMX Labs, establishing an annual operating budget of $7M-$9M sourced from V2 protocol fees. Voting ends January 30.
- Unlocks
- January 26: to unlock 10.5% of its circulating supply, worth $508.2 million.
- January 28: to unlock 17.68% of its circulating supply, worth $11.85 million.
- January 28: to unlock 1.7% of its circulating supply, worth $10.49 million.
- January 30: to unlock 3.68% of its circulating supply worth $11.22 million.
- The token is launched
- January 27: Theo Network expected to make an announcement that may be connected to the introduction of thGOLD.
- January 28: SuperRare launches VORGIANS profile picture collection.
