Fed Interest Rate Decision and Potential Merger: The Week Ahead in Crypto

The crypto market will be watching this week whether bitcoin BTC$115,117.91 and ether ETH$4,162.72 may make a significant move to break a support or resistance level, or whether range-bound behavior will continue.

There will be a number of market catalysts over the coming week; including a virtual meeting of Core Scientific (CORZ) on October 30, which will outline the decision on a vote on a possible merger with CoreWeave (CRWV). The Federal Reserve will also make a decision on interest rates on October 29, which is considered the main driver of the market.

What to watch

• Cryptocurrency
  • October 27, 10 a.m.: Annelise Osborne, Chief Commercial Officer of Kadena (KDA), hosts an AMA on Telegram.
  • October 28, 2:53 p.m.: The Fusaka hard fork upgrade of Ethereum is expected to be applied to the Hoodi testnet.
  • October 30: Cronos mainnet (CRO) receives the “Smarturn” upgrade.
  • October 30, 10 a.m.: Virtual special meeting of Core Scientific (CORZ) for shareholder vote on the merger with CoreWeave (CRWV) and associated executive compensation.
  • October 30: HashKey Chain (HSK) suspends new staking orders to update the staking contract, promising improved yields and a more sustainable APY.
  • November 1: P2P crypto marketplace Paxful closes operations on this date.
  • November 2: Community celebration of Dogeday 2025 at Sakura Hometown Square, Chiba, Japan
• Macro
  • October 27, 10:30 a.m.: Dallas Fed manufacturing index in October (previous -8.7).
  • October 28, 8 a.m.: September unemployment rate in Mexico (previous 2.9%).
  • October 28, 10 a.m.: Richmond Fed manufacturing index in October (previous -17).
  • October 29, 9:45 a.m.: Bank of Canada decision on interest rates. Key interest rate (previously 2.5%). The press conference begins 45 minutes later; watch live.
  • October 29, 2:00 p.m.: Federal Reserve decision on interest rates. Fed Funds Rate Target Range East. 3.75%-4%. The press conference begins 30 minutes later; watch live.
  • October 30, 8 a.m.: Mexico’s GDP growth rate in the third quarter (preliminary). YoY (previous 0%), QoQ (previous 0.6%).
  • Oct. 30, 9:55 a.m.: Michelle W. Bowman, vice chair of surveillance at the Federal Reserve, speaks at the Economic Growth and Reduction of Regulatory Paperwork Act outreach meeting. Watch live.
  • October 31, 8 a.m.: September unemployment rate in Brazil (previous 5.6%).
  • October 31, 8:30 a.m.: Canada August GDP MoM Est. 0%.
• Earnings (estimates based on FactSet data)
  • October 28: PayPal Holdings (PYPL), pre-market.
  • October 30: Coinbase Global (COIN), post-market.
  • October 30: Reddit (RDDT), post-market.
  • October 30: Riot Platforms (RIOT), post-market.
  • October 30: Strategy (MSTR), post-market.
  • November 3: Cipher Mining (CIFR), pre-market.

Token Events

• Votes and calls on governance
  • Decentraland DAO votes to launch the DAO Land Access Program, allowing creators to temporarily use unused DAO land for projects such as art, education, and social spaces. Voting closes on October 25.
  • GnosisDAO votes to replace subgraph-based voting with on-chain and tagchain data, adding support for StakeWise (sGNO, osGNO) and improving voting accuracy while removing reliance on The Graph. Voting closes on October 28.
  • Lisk DAO votes on a 4 million LSK proposal to launch the Lisk DAO fund, replacing grants with investments in top Lisk startups. Voting closes on October 29.
  • ZKsync DAO votes on allocating ZK33 million (~$1.65 million) to the ZKsync association to maintain and improve governance infrastructure until 2026. Voting closes on October 29.
  • ENS DAO votes to fund ENS Contract Naming Season, a six-month program led by Enscribe with 75,000 USDC and 10,000 ENS to promote smart contract naming, drive ENS adoption, and improve Ethereum’s UX. Voting closes on October 29.
  • Arbitrum DAO votes on a proposal to transfer 8,500 ETH from its treasury to the Arbitrum Treasury Management Council to activate unused funds and generate yield. Voting closes on October 30.
• Unlocks
  • October 25: Plasma XPL$0.3719 to unlock 4.97% of its circulating supply worth $34.65 million.
  • October 28: SIGN$0.04331 to unlock 21.48% of its circulating supply worth $12 million.
  • October 28: GRASS$0.4453 to unlock 72.4% of its circulating supply worth $77.4 million.
  • October 28: JUP$0.4356 to unlock 1.72% of its circulating supply worth $19.5 million.
  • October 30: ZORA$0.09835 to unlock 4.55% of its circulating supply worth $15.75 million.
  • October 30: KMNO$0.06716 to unlock 5.99% of its circulating supply worth $13.65 million.
  • October 31: Immutable (IMX) will release 1.24% of its circulating supply worth $13.07 million.
  • October 31: P.O.$0.4615 to unlock 1.71% of its circulating supply worth $13.79 million.
  • November 1: SUI$2.6324 to unlock 1.21% of its circulating supply worth $108.14 million.
  • November 1: EIGEN$1.1876 to unlock 12.1% of its circulating supply worth $40.87 million.
  • November 2: ENA$0.5242 to unlock 0.6% of its circulating supply worth $19.05 million.
• Token Launches

Conferences