Earnings Season Gathers Steam, US Jobs: Crypto Week Ahead

Earnings season for crypto companies ramps up with reports from Strategy (MSTR), which holds the largest number of bitcoins among listed companies and Galaxy Digital (GLXY), an investor in digital assets and infrastructure. Bullish (BLSH), which owns Bullish Exchange and CoinDesk, is also set to release numbers.

While interest rate decisions are due in Europe, with both the Bank of England and the European Central Bank making announcements on Thursday, the macroeconomic environment will be focused on Friday’s US jobs report for January, including non-farm payrolls.

What to see

(All times ET)

  • Crypto
  • Macro
    • February 2: Canada S&P Global Manufacturing PMI for January (prev 48.6)
    • 2 February at 10:00: US ISM Manufacturing PMI for January (prev 47.9)
    • 3 February at 10: US JOLT job openings in December (previously 7,146 million)
    • 4 February at 7: US MBA 30-year mortgage rate for week ending January 30 (previous 6.24%)
    • 4 February at 10am: US ISM Services PMI for January (prev 54.4)
    • 5 February at 7: Bank of England interest rate decision. Est. 3.75% (Previous 3.75%)
    • 5 February at 8:15am: European Central Bank interest rate decision (previously 2.15%)
    • 5 February at 14: Mexico’s interest rate decision (previous 7%)
    • 5 February at 16.30: Fed balance sheet for the period ending 4 February
    • 6 February at 8:30 a.m.: Canada’s unemployment rate for January (previously 6.8%)
    • 6 February at 8.30am: US Non-Farm Payrolls for January (Prev 50,000)
    • 6 February at 8.30am: US unemployment rate for January (previously 4.4%)
    • 6 February at 10: Canada Ivey PMI index for January (previous 51.9)
    • 6 February at 10:00 AM: Michigan US consumer sentiment for February (prev 56.4); Michigan inflation expectations (previously 4%)
  • Earnings (Estimated based on FactSet data)
    • February 3: Galaxy Digital (GLXY), premarket, -$0.95
    • February 5: Bullish (BLSH), pre-market, $0.14
    • February 5: Strategy (MSTR), post-market, -$15.04
    • February 5: IREN Limited (IREN), post-market, -$0.18
    • February 6: CleanSpark (CLSK), post-market, $0.09

Token Events

  • Governance votes and calls
    • The CoW DAO votes to renew team grants via a base allocation of 5% and up to 10% in performance incentives tied to revenue milestones. Voting ends February 2.
    • BNB Chain votes on a proposal to adjust five system parameters to accommodate the upcoming Fermi hard fork and its faster 0.45 second block interval. Voting ends February 2.
    • ENS DAO votes to fund a $125,000 independent retrospective led by Metagov. The project will analyze past spending and management efficiency to create an evidence-based roadmap for the DAO’s future. Voting ends February 2.
    • GnosisDAO votes to enable ranked election voting for governance proposals. This change allows the community to choose from multiple options in an instant drain system. Voting ends February 2.
    • February 3rd: Lido hosts a community call on the Lido V3 mainnet launch.
    • February 3rd: Axie Infinity will be hosting a Lunacian Lounge.
    • February 4: Stacks to host a town hall meeting.
    • February 5: Olympus hosts a community call with a live Q&A session.
  • Unlocks
    • January 30: to unlock 3.68% of its circulating supply worth $11.22 million.
    • February 1: to unlock 1.15% of its circulating supply, worth $65.29 million.
    • February 1: EigenLayer (EIGEN) unlocks 8.88% of its circulating supply, worth $12.53 million.
    • February 5: to unlock 5% of its circulating supply, worth $31.52 million.
    • February 5: to unlock 2.31% of its circulating supply valued at $26.46 million.
    • February 6: Hyperfluid to unlock 2.79% of its circulating supply worth $287.68 million.
    • February 6: to unlock 41.7% of its circulating supply, worth $38.33 million.
  • The token is launched
    • February 3: Conflux (CFX) to list on Kraken.
    • February 3rd: Usualx unlock window closes.
    • February 4: THORChain Solana mainnet is expected to launch.

Conferences

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