Ethereum’s Fusaka Testing and Continued U.S. Government Shutdown: Crypto Week Ahead

Ethereum’s Fusaka Testing and Continued U.S. Government Shutdown: Crypto Week Ahead

The coming week in crypto will bring a positive development in the case of Ethereum’s Fusaka upgrade being applied to the Sepolia testnet.

However, concerns remain over the crypto market in general as the U.S. government continues its shutdown, which has halted several crypto ETF applications in their tracks.

The crypto market sold off on Friday and the new week will serve as a barometer as to whether bitcoin can claw its way back to record highs, or whether it will enter a seemingly never-ending range between $110,000 and $125,000.

What to Watch

  • Crypto
  • Macro
    • Oct. 15, 8 a.m.: Brazil Aug. Retail Sales YoY (Prev. 1%), MoM (Prev. -0.3%).
    • Oct. 15, 8:30 a.m.: U.S. Sept. Inflation Rate. Headline YoY (Prev. 2.9%), MoM Est. 0.3%. Core YoY (Prev. 3.1%), MoM Est. 0.3%. (Report likely to be delayed due to current federal government shutdown)
    • Oct. 15, 11 a.m.: Colombia Aug. Retail Sales YoY (Prev. 17.9%).
    • Oct. 16, 8:30 a.m.: U.S. Sept. PPI. Headline YoY (Prev. 2.6%), MoM Est. 0.3%. Core YoY (Prev. 2.8%), MoM (Prev. -0.1%). (Report likely to be delayed due to current federal government shutdown)
    • Oct. 16, 8:30 a.m.: U.S. Sept. Retail Sales YoY (Prev. 5%), MoM Est. 0.4%.
    • Oct. 17, 5 a.m.: Eurozone Sept. (Final) Inflation Rate. Headline YoY Est. 2.2%, MoM Est. 0.1%. Core YoY Est. 2.3%.
  • Earnings (Estimates based on FactSet data)
    • Nothing scheduled.

Token Events

  • Governance votes & calls
    • Superfluid DAO is voting on a proposal to upgrade contracts for wrapper superTokens like ETHx and USDCx so the DAO can invest their underlying assets and generate yield income for its treasury. Voting ends Oct. 13.
    • ENS DAO is voting on a proposal to establish reverse records for its core contracts to improve identification, usability, and demonstrate best practices by fully using the ENS protocol. Voting ends Oct. 13.
    • The Sandbox DAO is voting to enable estate sales by letting LAND owners bundle and sell multiple parcels via the GBM x Sandbox marketplace. Voting ends Oct. 15.
    • GnosisDAO is voting on creating Seldon Inc and a Gnosis VPN Committee to manage and scale the Gnosis VPN project built on the HOPR mixnet. The new DAO-owned entity would handle operations, compliance, and growth. Voting ends Oct. 16.
    • Arbitrum DAO is voting on a proposal to base quorum on Delegated Voting Power (DVP) to resolve governance quorum issues. Voting ends Oct. 18.
  • Unlocks
    • Oct. 15: Starknet (STRK) to unlock 5.64% of its circulating supply worth $21.44 million.
    • Oct. 15: Sei (SEI) to unlock 1.15% of its circulating supply worth $15.77 million.
    • Oct. 16: Arbitrum (ARB) to unlock 1.99% of its circulating supply worth $39.24 million.
    • Oct. 18: Fasttoken (FTN) to unlock 2.04% of its circulating supply worth $40 million.
  • Token Launches
    • Oct. 14: SANDchain, a zk-powered Ethereum layer-2, launches.
    • Oct. 15: Zebec Network (ZBCN) to be listed on Kraken.
    • Oct. 17: Aster (ASTER) airdrop token claiming period ends.

Conferences


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