Markets exit April with a host of macro events to watch. Four major central banks, the Bank of Japan, the US Federal Reserve, the European Central Bank and the Bank of England, all set interest rate policy this week.
Layered on top is a slate of US data, including first-quarter GDP and March PCE inflation, along with earnings from Visa, Mastercard, Robinhood and some of the biggest tech companies, whose results could either reinforce or relax the current tone.
Markus Levin, co-founder of XYO, told CoinDesk that bitcoin enters the week “with strong momentum around the $78,000 level, and while the Fed is expected to keep rates unchanged, persistent inflation could reinforce a hawkish tone and we could see bitcoin retreat to the $72,000-$74,000 range again in the near term.”
Tech giants’ earnings, Levin added, could also be a key indicator “to reinforce or challenge the current trajectory given their overall influence on equity markets, while developments around the US-Iran talks will drive sentiment through oil and dollar movements.”
What to see
(All times ET)
- Crypto
- May 1: Full shutdown of Magic Eden’s wallet services.
- Macro
- 27 April at 22:00: Bank of Japan rate decision estimated 0.75% (previous 0.75%)
- 29 April at 8:45am: Bank of Canada rate decision (previously 2.25%)
- 29 April at 13:00: US Fed rate decision estimated 3.75% (previous 3.75%)
- April 30, at 04.00: Eurozone Inflation Rate YoY Flash for April (previous 2.6%)
- 30 April at 06.00: Bank of England interest rate decision estimated at 3.75% (previously 3.75%).
- 30 April at 07:15: European Central Bank interest rate decision estimated 2.15% (previous 2.15%)
- 30 April at 07.30: US GDP Growth Rate QoQ Adv for Q1 Estimated 1.5% (Prev 0.5%)
- 30 April at 07:30: US PCE Price Index YoY for March (Prev 2.8%); Core year/year (previous 3%)
- 30 April at 7.30am: Initial US jobless claims for the period ending April 25 estimated at 219,000 (previously 214,000)
- 1 May at 09:00: US ISM Manufacturing PMI for April estimated 52.5 (prev 52.7)
- Earnings (Estimated based on FactSet data)
- April 28: Visa (V), post-market, $3.1
- April 28: Robinhood Markets (HOOD), post-market, $0.4
- April 28: Galaxy Digital (GLXY), premarket, -$0.65
- April 30: Mastercard (MA), pre-market, $4.41
- April 30: Riot Platforms (RIOT), post-market, -$0.32
- April 30: CoinShares (CSHR), annual report expected
- May 1: WisdomTree (WT), pre-market, $0.25
Token Events
- Governance votes and calls
- Frax DAO votes to add sGHO and USCC as dividend strategies within sfrxUSD, expanding the stablecoin’s supporting assets. Voting ends on April 26.
- Ether.fi DAO votes on treasury contribution to restore rsETH’s backing after KelpDAO bridge. Voting ends on April 27.
- Compound DAO votes on a proposal to update rsETH price feeds on its WETH and wstETH Ethereum mainnet markets. Voting ends on April 27.
- Decentraland DAO votes on the “2030 Transition Plan”, a strategic roadmap for the platform’s governance and metaverse product positioning. Voting ends April 30.
- Noun DAO (Prop 959) votes on a 501(c)(3) feasibility study to explore nonprofit status for DAO, with significant implications for financial management and grants. Voting ends April 30.
- Beefy DAO votes on second quarter 2026 contributor funding and Staworth contributor renewal. Voting for both ends on April 30.
- RootstockCollective votes for a milestone payment to Blockscout’s Global Wallet. Voting ends April 30.
- The Arbitrum DAO votes to transfer 6,000 ETH and about $150,000 in idle USDC from its main treasury to the Treasury Management Portfolio. Voting ends May 5.
- Unlocks
- April 28: Jupiter (JUP) unlocks 1.54% of its circulating supply, worth $9.67 million.
- May 1: to unlock 1.08% of its circulating supply worth $40.43 million
- The token is launched
- April 27: Chiliz (CHZ) rolls out FanTokens V2.0
- April 28: Binance removes Dego Finance (DEGO), DENT (DENT) amd
- April 28: Pharos mainnet launches
- April 30: MegaETH (MEGA) token generation event expected to occur.
- May 1: Venice (VVV) to reduce symbolic emissions from 6 million to 5 million per year.
