After weeks during which bitcoin The price has been limited mainly between $85,000 and $95,000, the crypto market could be a reason to break out of the doldrums on Wednesday, when the Federal Open Markets Committee will set US interest rates.
In May, that’s true. Not will. The consensus, at more than 97%, is that the Fed will keep rates stable between 3.50% and 3.75%, according to the CME’s Fedwatch tool. As always, what is said at the post-decision press conference could have more influence than the decision itself.
It’s the start of earning season in the United States. While no major crypto companies are scheduled to release a report, investors will likely keep an eye on electric car maker Tesla (TSLA) and what it says about its bitcoin stash. The company owns more than 11,500 BTC, ranking it the 13th largest corporate holder, according to BitcoinTreasuries.net.
Bybit, ranked the second largest crypto exchange by CoinGecko, is also likely to make news. CEO Ben Zhou will unveil the company’s roadmap for 2026 on Thursday. Nearly a year ago, Bybit was targeted by North Korean hackers who made off with about $1.4 billion worth of ether. and staked with ether.
What to watch
- Cryptocurrency
- January 28, 1 p.m.: Hedera Network will undergo a mainnet upgrade that is expected to take approximately 40 minutes.
- January 29, 3 a.m.: Bybit CEO Ben Zhou will unveil the exchange’s roadmap for 2026 in a speech titled “BUIDLing a New Financial Era.”
- Macro
- January 26, 8:30 a.m.: durable goods orders in the United States in November (previous -2.2%)
- January 26, 10:30 a.m.: US manufacturing index from the Dallas Fed for January (previous -10.9)
- January 27: weekly change in ADP employment in the United States (previous 8,000)
- January 27: S&P/Case-Shiller US housing prices year-on-year for November (previous 1.3%); MoM (previous -0.3%)
- January 27, 6:50 p.m.: Minutes of the Bank of Japan monetary policy meeting
- January 27: Australia year-on-year inflation rate for December (previous 3.4%); MoM (previous 0.0%)
- January 28, 9:45 a.m.: Bank of Canada interest rate decision (previously 2.25%)
- January 28, 2:00 p.m.: Fed decision on interest rates estimated at 3.75% (previously 3.75%)
- January 28, 2:30 p.m.: Fed press conference on monetary policy
- January 29, 00:00: Japanese consumer confidence for January (previous 37.2)
- January 29, 8:30 a.m.: US trade balance for November (previous $331.4 billion)
- January 29, 8:30 a.m.: first unemployment claims in the United States for the week ending January 24 (previous 200,000)
- January 29, 6:30 p.m.: unemployment rate in Japan for December (previous 2.6%)
- January 30, 5 a.m.: Flash year-on-year European Economic Area GDP growth rate for the fourth quarter (previously 1.4%), flash QoQ (previously 0.3%)
- January 30, 8:30 a.m.: US PPI YoY for December (previous 3), Core PPI YoY (previous 3)
- Earnings (Estimates based on FactSet data)
- January 28: Tesla (TSLA), post-market, $8.22
Token Events
- Votes and calls on governance
- January 28: Gala DeFi will host an X Spaces “Gala Meme Hour” session
- January 29: Helium will host a community roundtable for deployers.
- January 29: Alchemy Pay will host an Ask Me Anything (AMA) community session on Discord.
- January 30: Conflux Network will host its quarterly community call.
- Maple Finance is voting on extending the 25% allocation of protocol revenue to the Syrup Strategic Fund for the first half of 2026. Voting closes on January 26.
- Lido votes to implement a dynamic DVT incentive model that adjusts reward distribution based on operating costs, while reforming the reward sharing committee to support Lido V3 features such as stVaults. Voting closes on January 26.
- Floki votes on the final rankings of the FlokiUltras3 guerrilla marketing competition, inviting the community to rank the top 20 shortlisted entries based on their creativity and impact. Voting closes on January 28.
- CoW DAO votes to renew team grants. This includes a base allocation of 5% over four years and up to 10% performance incentives linked to turnover milestones. Voting closes on January 28.
- Beefy DAO is voting on whether to reallocate protocol revenue to a new “Protocol Hedge Fund” to fund Nexus Mutual coverage that benefits Beefy users. Voting closes on January 29.
- Sushi votes to execute the migration of approximately $57 million of legacy liquidity to positions deployed by the V3 protocol. Voting closes on January 29.
- GMX DAO votes on a two-year funding framework for GMX Labs, establishing an annual operating budget of $7-9 million from V2 protocol fees. Voting closes on January 30.
- Unlocks
- January 26: to unlock 10.5% of its circulating supply worth $508.2 million.
- January 28: to unlock 17.68% of its circulating supply worth $11.85 million.
- January 28: to unlock 1.7% of its circulating supply worth $10.49 million.
- January 30: to unlock 3.68% of its circulating supply worth $11.22 million.
- Token Launches
- January 27: Theo Network is expected to make an announcement that could be related to the introduction of thGOLD.
- January 28: SuperRare launches the VORGIANS profile photo collection.
