Cryptocurrency company earnings season heats up with reports from Strategy (MSTR) holding the largest amount of bitcoins. between publicly traded companies, and Galaxy Digital (GLXY), an investor in infrastructure and digital assets. Bullish (BLSH), owner of Bullish Exchange and CoinDesk, will also release figures.
While decisions on interest rates are due in Europe (both the Bank of England and the European Central Bank will make announcements on Thursday), the macroeconomic environment will focus on the summary of the US employment situation for January, due to be published on Friday, including the key non-farm payrolls figure.
What to watch
(All times ET)
- Crypto
- Macro
- February 2: Canada S&P Global Manufacturing PMI for January (previous 48.6)
- Feb 2, 10am: January US ISM Manufacturing PMI (previous 47.9)
- February 3, 10 am: US JOLT job openings for December (was 7.146 million)
- February 4, 7am: US MBA 30-year mortgage rate for week ending January 30 (previous 6.24%)
- Feb 4, 10am: January US ISM Services PMI (previous 54.4)
- February 5, 7am: Bank of England interest rate decision. Est. 3.75% (previously 3.75%)
- February 5, 8:15 am: European Central Bank interest rate decision (previously 2.15%)
- February 5, 2 pm: Decision on Mexico’s interest rate (previously 7%)
- February 5, 4:30 pm: Federal Reserve balance sheet for the period ending February 4
- February 6, 8:30 am: Canada unemployment rate for January (previously 6.8%)
- February 6, 8:30 am: US Nonfarm Payrolls for January (previously 50K)
- February 6, 8:30 am: US unemployment rate for January (previous 4.4%)
- February 6, 10 am: Canada Ivey PMI index for January (previous 51.9)
- February 6, 10am: Preliminary US Michigan Consumer Sentiment for February (previous 56.4); Michigan Inflation Expectations (was 4%)
- Earnings (Estimates based on FactSet data)
- February 3: Galaxy Digital (GLXY), pre-market, -$0.95
- Feb 5: Bullish (BLSH), premarket, $0.14
- February 5: Strategy (MSTR), post-market, -$15.04
- February 5: IREN Limited (IREN), post-market, -$0.18
- Feb 6: CleanSpark (CLSK), post-market, $0.09
symbolic events
- Governance votes and calls
- CoW DAO is voting to renew team grants through a 5% base allocation and up to 10% in performance incentives tied to revenue milestones. Voting ends 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 fastest blocking interval of 0.45 seconds. Voting ends on February 2.
- ENS DAO is voting 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 ends on February 2.
- GnosisDAO is voting to allow ranked-choice voting for governance proposals. This change allows the community to select from multiple options in an instantaneous runoff system. Voting ends on February 2.
- February 3: Lido will host a community call regarding the Lido V3 mainnet launch.
- February 3: Axie Infinity will host a Lunacian Lounge.
- February 4: Stacks to host public meeting.
- February 5: Olympus will host a community call with a live Q&A session.
- Unlock
- 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 releases
- February 3: Conflux (CFX) will list on Kraken.
- February 3: Usualx unlock window closes.
- February 4: THORChain Solana mainnet is expected to launch.
