Markets leave April with a plethora of macroeconomic events to watch. Four major central banks, the Bank of Japan, the US Federal Reserve, the European Central Bank and the Bank of England, all set their interest rate policies this week.
Above is a list of U.S. data, including first-quarter GDP and March PCE inflation, as well as earnings from Visa, Mastercard, Robinhood and some of the biggest tech companies, the results of which could either reinforce or soften the current tone.
Markus Levin, co-founder of XYO, told CoinDesk that Bitcoin enters the week “with strong momentum around the $78,000 level, and while the Fed is expected to keep rates unchanged, persistent inflation could reinforce a hawkish tone and we could see bitcoin return to the $72,000-$74,000 range again in the near term.”
Earnings from tech giants, Levin added, could also be a crucial indicator “to reinforce or challenge the current trajectory given their outsized influence in stock markets, while developments around U.S.-Iran negotiations will steer sentiment through oil and dollar movements.”
What to watch
(All times ET)
- Cryptocurrency
- May 1: Complete shutdown of Magic Eden wallet services.
- Macro
- April 27, 10:00 p.m.: Bank of Japan interest rate decision is. 0.75% (previous 0.75%)
- April 29, 8:45 a.m.: Bank of Canada interest rate decision (previously 2.25%)
- April 29, 1:00 p.m.: US Fed interest rate decision is. 3.75% (previous 3.75%)
- April 30, 4:00 a.m.: Flash on the euro zone inflation rate year-on-year for April (previous 2.6%)
- April 30, 6:00 a.m.: Bank of England decision on interest rates estimated at 3.75% (previously 3.75%)
- April 30, 7:15 a.m.: Interest rate decision from the European Central Bank is. 2.15% (previous 2.15%)
- April 30, 7:30 a.m.: QoQ Adv US GDP growth rate for the first quarter is. 1.5% (previous 0.5%)
- April 30, 7:30 a.m.: One-year US PCE price index for March (previously 2.8%); Core YoY (previous 3%)
- April 30, 7:30 a.m.: First claims for unemployment benefits in the United States for the period ending April 25, est. 219,000 (previous 214,000)
- May 1, 9:00 a.m.: ISM American manufacturing PMI for April est. 52.5 (previous 52.7)
- Earnings (Estimates based on FactSet data)
- April 28: Visa (V), post-market, $3.1
- April 28: Robinhood Markets (HOOD), post-market, $0.4
- April 28: Galaxy Digital (GLXY), pre-market, -$0.65
- April 30: Mastercard (MA), pre-market, $4.41
- April 30: Riot Platforms (RIOT), post-market, -$0.32
- April 30: CoinShares (CSHR), annual report expected
- May 1: WisdomTree (WT), pre-market, $0.25
Token Events
- Votes and calls on governance
- Frax DAO votes to add sGHO and USCC as yield strategies within sfrxUSD, expanding the stablecoin’s set of supporting assets. Voting closes on April 26.
- Ether.fi DAO votes on Treasury contribution to restore support for rsETH following KelpDAO bridge exploit. Voting closes on April 27.
- Compound DAO is voting on a proposal to update rsETH price feeds on its WETH and wstETH Ethereum mainnet markets. Voting closes on April 27.
- Decentraland DAO votes on the “2030 Transition Plan,” a strategic roadmap for platform governance and metaverse product positioning. Voting closes on April 30.
- Nouns DAO (Prop 959) votes on a 501(c)(3) feasibility study to explore the nonprofit status of the DAO, with significant implications for cash management and grantmaking. Voting closes on April 30.
- Beefy DAO votes on second quarter 2026 contributor funding and Staworth contributor renewal. Voting for both ends on April 30.
- RootstockCollective votes on a grant milestone payment for Blockscout’s global portfolio. Voting closes on April 30.
- Arbitrum DAO votes to transfer 6,000 ETH and approximately $150,000 of unused USDC from its main treasury to the treasury management wallet. Voting closes on May 5.
- Unlocks
- April 28: Jupiter (JUP) will release 1.54% of its circulating supply worth $9.67 million.
- May 1: to unlock 1.08% of its circulating supply worth $40.43 million
- Token Launches
- April 27: Chiliz (CHZ) to deploy FanTokens V2.0
- April 28: Binance to delist Dego Finance (DEGO), DENT (DENT) and
- April 28: Pharos mainnet launch
- April 30: MegaETH (MEGA) token generation event planned.
- May 1: Venice (VVV) will reduce its symbolic emissions from 6 million to 5 million per year.
