Crypto company earnings season picks up pace with reports due from Strategy (MSTR), which holds the largest number of bitcoins. among publicly traded companies, and Galaxy Digital (GLXY), an investor in digital assets and infrastructure. Bullish (BLSH), which owns Bullish Exchange and CoinDesk, is also expected to release figures.
While interest rate decisions are expected in Europe, with the Bank of England and the European Central Bank making announcements on Thursday, the macroeconomic environment will focus on the summary of the US employment situation for January released on Friday, including the key non-farm payrolls figure.
What to watch
(All times ET)
- Cryptocurrency
- Macro
- February 2: Canada S&P Global Manufacturing PMI for January (previous 48.6)
- February 2, 10 a.m.: American ISM manufacturing PMI index for January (previous 47.9)
- February 3, 10 a.m.: US JOLT job offers for December (previous 7,146 million)
- February 4, 7:00 a.m.: US 30-year MBA mortgage rate for the week ending January 30 (previous 6.24%)
- February 4, 10 a.m.: US ISM services PMI index for January (previous 54.4)
- February 5, 7 a.m.: Bank of England decision on interest rates. EST. 3.75% (previous 3.75%)
- February 5, 8:15 a.m.: decision on interest rates by the European Central Bank (previous 2.15%)
- February 5, 2:00 p.m.: Decision on interest rates in Mexico (previously 7%)
- February 5, 4:30 p.m.: Fed balance sheet for the period ending February 4
- February 6, 8:30 a.m.: Unemployment rate in Canada for January (previous 6.8%)
- February 6, 8:30 a.m.: US nonfarm payrolls for January (previous 50,000)
- February 6, 8:30 a.m.: US unemployment rate for January (previous 4.4%)
- February 6, 10 a.m.: Canada Ivey PMI for January (previous 51.9)
- Feb. 6, 10 a.m.: Preliminary estimate of Michigan U.S. consumer sentiment for February (previous 56.4); Michigan inflation expectations (previous 4%)
- Earnings (Estimates based on FactSet data)
- February 3: Galaxy Digital (GLXY), pre-market, -$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
- Votes and calls on governance
- CoW DAO votes to renew team grants via a 5% base allocation and up to 10% performance incentives tied to revenue milestones. Voting closes on February 2.
- BNB Chain is voting on a proposal to adjust five system parameters to align with the upcoming Fermi hard fork and its faster 0.45 second block interval. Voting closes on February 2.
- ENS DAO votes to fund a $125,000 independent retrospective led by Metagov. The project will analyze past spending and governance effectiveness to create an evidence-based roadmap for the future of the DAO. Voting closes on February 2.
- GnosisDAO votes to allow ranked choice voting for governance proposals. This change allows the community to choose from multiple options in a flash flow system. Voting closes on February 2.
- February 3: Lido will host a community call during the Lido V3 mainnet launch.
- February 3: Axie Infinity will host a Lunacian Lounge.
- February 4: Stacks will hold a public meeting.
- February 5: Olympus will host 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) will unlock 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 worth $26.46 million.
- February 6: Hyperliquid 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.
- Token Launches
- February 3: Conflux (CFX) will be listed on Kraken.
- February 3: The Usualx unlock window closes.
- February 4: THORChain Solana mainnet is scheduled to launch.
