Coinbase, Robinhood Earnings, US Jobs Report: Crypto Week Ahead

The brief and partial shutdown of the US government put an end to the report on the employment situation which was expected on Friday; it arrives this week instead. Look for Wednesday’s flagship nonfarm payrolls report. The world’s largest economy is expected to have created 70,000 jobs last month, more than in December, while the unemployment rate is expected to remain at 4.4%.

The week also includes earnings from some of the largest and most high-profile crypto companies, including crypto exchange Coinbase (COIN). Robinhood (HOOD), a trading platform that covers stocks as well as crypto, is also on the list.

Outside of the United States, the focus will be on Asia, where CoinDesk’s second annual Consensus Conference will take place in Hong Kong. There is a good chance that participating companies will use the event as a venue to make corporate announcements.

What to watch

(All times ET)

  • Cryptocurrency
    • February 10: Mantle will host Mantle State of Mind Ep. 06 live from Consensus Hong Kong.
    • February 11: Immutable to complete the merger of Immutable X and Immutable zkEVM.
  • Macro
    • February 9, 11 a.m.: US consumer inflation expectations for January (previous 3.4%)
    • February 10, 7 a.m.: inflation rate in Brazil over one year (previous 4.26%), over one month (previous 0.33%)
    • February 10, 8:30 a.m.: U.S. MoM retail sales for December Est. 0.5% (previous 0.6%)
    • February 10, 8:30 a.m.: US employment cost index QoQ (previous 0.8%)
    • February 10, 2:00 p.m.: inflation rate in Argentina over one year (previous 31.5%), over one month (previous 2.8%)
    • February 10, 8:30 p.m.: inflation rate in China over one year for January (previous 0.8%); MoM (previous 0.2%)
    • February 11, 8:30 a.m.: US non-farm payrolls for January est. 70,000 (previous 50,000)
    • February 11, 8:30 a.m.: US unemployment rate for January Est. 4.4% (previous 4.4%)
    • February 11, 8:30 a.m.: Average hourly wage in the United States for January year-over-year, Est. 3.8% (previous 3.6%)
    • February 12, 2:00 a.m.: British GDP in December. (previously 0.3%)
    • February 12, 5:30 a.m.: India year-on-year inflation rate for January (previous 1.33%); MoM (previous 0.05%)
    • February 12, 8:30 a.m.: First week of U.S. unemployment benefit claims ending February 7 (previously 231,000)
    • Feb. 12, 10 a.m.: U.S. Existing Home Sales for January Est. 4.25 million (previous 4.35 million)
    • February 13, 8:30 a.m.: core inflation rate in the United States year-on-year for January (previously 2.6%); MoM Est. 0.3% (previous 0.2%)
    • February 13, 8:30 a.m.: US year-on-year inflation rate for January (previous 2.7%); MoM Est. 0.3% (previous 0.3%)
    • February 14: Japan’s quarter-on-quarter GDP growth rate for the fourth quarter (pre-rel) is 0.4% (previous -0.6%); Annualized estimate: 1.6% (previously -2.3%)
  • Earnings (Estimates based on FactSet data)
    • February 10: Canaan (CAN), pre-market, -$0.03
    • February 10: Robinhood Markets (HOOD), post-market, $0.63
    • February 10: Upexi (UPXI), post-market, -$0.07
    • February 10: Lite Strategy (LITS), post-market
    • February 12: Coinbase (COIN), post-market, $1.04
    • February 12: Coincheck Group (CNCK), post-market, $0.01
    • February 12: Bitdeer Technologies Group (BTDR), pre-market, -$0.06
    • February 13: Trump Media & Tech Group (DJT), post-market
    • February 13: HIVE Digital Technologies (HIVE), post-market, -$0.07

Token Events

  • Votes and calls on governance
    • February 11: Ripple will host XRP Community Day on X Spaces to discuss XRP adoption, regulated finance, and innovation.
  • Unlocks
    • February 10: Aptos to unlock 0.69% of its circulating supply worth $12.07 million.
    • February 11: to unlock 0.32% of its circulating supply worth $14.33 million.
    • February 15: Connex to unlock 1.56% of its circulating supply worth $15 million.
  • Token Launches

Conferences

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top