CME’s bitcoin cash, uniswap futures, global PMIs: Crypto Week Ahead

The move comes as digital asset markets continue to evolve with traditional financial institutions increasingly offering cryptocurrency products. Bitcoin cash was trading at $278.93 at the time of announcement, while uniswap's price wasn't specified in the material.

Global Economic Indicators

Following last week's key U.S. inflation reports, this week's price data from other important global economies will help shape market direction. The flash October Purchasing Manager Indexes (PMIs), scheduled for Friday, measure the health of different sectors of the economy and provide a composite reading.

Other significant economic data includes Canada's CPI for September on Wednesday, U.S. Housing Starts and Building Permits on Thursday, U.K. CPI figures early Thursday morning, and U.S. Initial Jobless Claims on Thursday.

The week will conclude with PMI data from both the Eurozone and the U.S. on Friday, along with the University of Michigan Consumer Sentiment Final reading for October.

Corporate Earnings

Several major companies with crypto connections will report earnings this week. CME Group is expected to report pre-market earnings on Wednesday with an estimated $2.98 per share. Tesla will report post-market earnings on Wednesday with an estimated $0.40 per share.

Other notable earnings include Nasdaq on Thursday with an estimated $1.02 per share and Blackstone on Thursday with an estimated $1.29 per share.

Crypto Governance Votes

Several blockchain networks are holding important governance votes this week. Ethereum All Core Devs is holding Testing call No. 101 on Wednesday with Glamsterdam and Hegotá testing on the agenda.

WalletConnect Network is voting to adopt a power-law APY formula and a RewardWeight system to improve staking incentives, with voting ending Wednesday. ZKsync is voting to resubmit its v31 protocol upgrade, with voting also ending Wednesday.

Arbitrum DAO is voting on multiple proposals including updating L1-pricing parameters for the Glamsterdam upgrade and transferring 1,700 ETH to the ADG and Treasury strategies, with voting ending Friday.

Token Unlocks

Two significant token unlocks are scheduled for later this month. LayerZero's ZRO token will unlock 3.83% of its circulating supply worth $44 million on October 20, while Humanity's H token and Plasma's XPL token will each unlock portions of their supply on October 25, worth $15.27 million and $17.76 million respectively.