Welcome to the new year. It looks like a quiet week to kick things off.
The Ethereum blockchain is enabling an incremental upgrade as part of its Fusaka roadmap, and BNB Chain is voting on a proposal to adjust some system parameters to accommodate the Fermi hard fork scheduled for January 14th.
The economic report that is likely to influence the markets will not come until Friday. US non-farm payrolls data is expected to show the world’s largest economy added 57,000 jobs in December.
What to see
- Crypto
- January 7: Ethereum activates its second “Blob Parameter Only” (BPO-2) hard fork, raising the blob target to 14 and the maximum to 21 blobs per transaction. block to expand data capacity for rollups as part of the Fusaka scaling roadmap.
- January 8 at 11:00 a.m.: AMA (“Product Roadmap & Tokenomics for 2026”) on X.
- Macro
- January 5, at 10:00 AM: US December ISM Manufacturing PMI Est. 48.3.
- January 6, at 7: Mexico Dec. Consumer confidence (previous 44.2).
- January 6 at 8: Brazil December S&P Global PMI. Services (Previous 50.1); Composite (Previous 49.6).
- January 6 at 9:30am: Canada December S&P Global PMI. Services (Previous 44.3); Composite (Previous 44.9).
- January 6 at 9:45 AM: US (finally) December S&P Global PMI. Services Est. 52.9; Composite Est. 53.
- 7 January at 05.00: Eurozone December (Flash) Consumer Price Inflation. Heading rate YY Est. 2.1%; Headline Rate MoM (Prev -0.3); Core interest YoY Est. 2.4%.
- January 7, at 08:15: Dec. Change of employment in ADP employment. 47K.
- 7 January at 10: Dec. ISM Services PMI Est. 52.3.
- 7 January at 10: Nov. JOLTS report. Job Openings Est. 7.73M; Jobs cease (Previous 2,941 million).
- January 8, at 05.00: Eurozone Nov. Unemployment Rate Est. 6.4%.
- January 8 at 5: Eurozone November PPI. YoY (previously -0.5%); MoM Est. 0.4%.
- January 8 at 7: Mexico December Consumer Price Inflation. Heading rate YY Est. 3.9%; Heading Rate MoM Est. 0.48; Core interest YoY Est. 4.37%; Core rate MoM Est. 0.42%.
- January 8 at 08.30: US jobless claims. Initial (for week ending Jan. 3) Est. 205K; Continuing (for week ended December 27) (Prev 1866K).
- 9 January at 7: Brazil December Consumer Price Inflation. Heading rate YY Est. 4.35%; Heading Rate MoM Est. 0.41%.
- 9 January at 08:30: Canada December Estimated Unemployment Rate. 6.7%.
- 9 January at 8.30: Jobs report in the US in December. Non-Farm Payrolls Est. 57K; Unemployment Rate Est. 4.5%.
- 9 January at 10: Dec. (Preliminary) Michigan Inflation Expectations (Previous 4.2%).
- Earnings (Estimated based on FactSet data)
Token Events
- Governance votes and calls
- BIM Protocol votes to integrate a bridge to Bitcoin and Monero via Quickex to expand cross-chain interoperability. Voting ends January 5.
- The SSV Network DAO votes to expand its market making program, increasing the total allocation to 300,000 SSV ($1.3 million) to secure a 12-18 month agreement with a top-tier market maker for enhanced liquidity. Voting ends January 6.
- Compound DAO votes to supplement reward contracts on Arbitrum and Unichain to maintain user incentives following a correction to a previous proposal. Voting ends January 6.
- The TrueFi DAO votes to approve a comprehensive protocol rebrand and mint the remaining TRU supply to recapitalize the treasury. Voting ends January 6.
- Aave votes on a proposal to deposit the April 2026 expiration main tokens for Athena’s USDe and sUSDe to the V3 Plasma Instance. Voting ends January 6.
- 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.
- Unlocks
- January 5: to unlock 3.61% of its circulating supply worth $329.6 million.
- January 11: to unlock 0.7% of its circulating supply, worth $21.5 million.
- January 13: to unlock 2.78% of its circulating supply, worth $11.67 million.
- The token is launched
- 5 January: Lighter (LIT) to be listed on BTSE.
- January 6: Brevis (BREV) to list on Binance, BingX and others.
Conferences
