Fed Interest Rate Decision and Possible Merger: Crypto Week Ahead



The cryptocurrency market will be watching this week to see if bitcoin and ether can make a significant move to break a support or resistance level, or if range-bound behavior will continue.

There are a number of market catalysts over the next week; in particular a virtual Core Scientific (CORZ) meeting 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 market driver.

What to watch

  • Crypto
    • October 27, 10 am: Annelise Osborne, Chief Business Officer of Kadena (KDA), hosts an AMA on Telegram.
    • October 28, 2:53 pm: Ethereum’s Fusaka hard fork update is expected to be applied to the Hoodi testnet.
    • October 30 – Cronos mainnet (CRO) receives the “Smarturn” update.
    • October 30, 10am: Core Scientific (CORZ) virtual special meeting for shareholder vote on merger with CoreWeave (CRWV) and related executive compensation.
    • October 30: HashKey Chain (HSK) pauses new staking orders to update the staking contract, promising better returns and a more sustainable APY.
    • November 1: P2P crypto marketplace Paxful will close operations by this date.
    • November 2 – Dogeday 2025 Community Celebration at Sakura Hometown Square, Chiba, Japan
  • Macro
    • October 27, 10:30 am: Dallas Fed Manufacturing Index for October (previous -8.7).
    • October 28, 8 am: September unemployment rate in Mexico (previously 2.9%).
    • October 28, 10 am: Richmond Fed Manufacturing Index for October (previous -17).
    • October 29, 9:45 am: Bank of Canada interest rate decision. Policy interest rate (previously 2.5%). The press conference begins 45 minutes later; see live
    • October 29, 2 pm: Federal Reserve interest rate decision. Fed funds rate target range Est. 3.75%-4%. The press conference begins 30 minutes later; see live
    • October 30, 8 am: Mexico’s third quarter GDP growth rate (preliminary). Year-on-year (previous 0%), quarter-on-quarter (previous 0.6%).
    • October 30, 9:55 am: Federal Reserve Vice Chair for Supervision Michelle W. Bowman speaks at the Economic Growth and Regulatory Reduction Act disclosure meeting. Watch live.
    • October 31, 8 am: September unemployment rate in Brazil (previously 5.6%).
    • October 31, 8:30 am: Canada August GDP Monthly Est. 0%.
  • Earnings (estimates based on FactSet data)
    • October 28: PayPal Holdings (PYPL), premarket.
    • 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.

symbolic events

  • Governance votes and calls
    • Decentraland DAO is voting to launch the DAO Land Access Program, which allows creators to temporarily use unused DAO land for projects such as art, education, and social spaces. Voting ends on October 25.
    • GnosisDAO is voting to replace subgraph-based voting with on-chain and beacon chain data, adding support for StakeWise (sGNO, osGNO) and improving voting accuracy while removing dependency on The Graph. Voting ends on October 28.
    • Lisk DAO is voting on a 4 million LSK proposal to launch the Lisk DAO Fund, replacing grants with investments in top Lisk startups. Voting ends on October 29.
    • ZKsync DAO is voting on allocating ZK33 million (~$1.65 million) to the ZKsync Association to maintain and improve governance infrastructure until 2026. Voting ends on October 29.
    • ENS DAO is voting 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 the Ethereum user experience. Voting ends on October 29.
    • Arbitrum DAO is voting on a proposal to transfer 8,500 ETH from its treasury to the Arbitrum Treasury Management Council to activate dormant funds and generate yield. Voting ends on October 30.
  • Unlock
    • October 25: Plasma to unlock 4.97% of its circulating supply worth $34.65 million.
    • October 28: to unlock 21.48% of its circulating supply worth $12 million.
    • October 28: to unlock 72.4% of its circulating supply worth $77.4 million.
    • October 28: to unlock 1.72% of its circulating supply worth $19.5 million.
    • October 30: to unlock 4.55% of its circulating supply worth $15.75 million.
    • October 30: to unlock 5.99% of its circulating supply worth $13.65 million.
    • October 31: Immutable (IMX) will unlock 1.24% of its circulating supply worth $13.07 million.
    • October 31: to unlock 1.71% of its circulating supply worth $13.79 million.
    • November 1: to unlock 1.21% of its circulating supply worth $108.14 million.
    • November 1: to unlock 12.1% of its circulating supply worth $40.87 million.
    • November 2: to unlock 0.6% of its circulating supply worth $19.05 million.
  • Token releases

Conferences



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