After weeks in which bitcoin With the price mostly capped between $85,000 and $95,000, the cryptocurrency market may be a reason to break out of the doldrums on Wednesday, when the Federal Open Markets Committee sets US interest rates.
May, that is. I won’t do it. The consensus, more than 97%, is that the Federal Reserve keep rates stable between 3.50% and 3.75%, according to the CME’s Fedwatch tool. As always, what is said at the post-decision press conference may have more influence than the decision itself.
It’s the beginning of earnings season in the United States. While there are no major crypto companies scheduled to report, investors will likely be keeping an eye on electric car maker Tesla (TSLA) and what it says about its bitcoin stockpile. The company has more than 11,500 BTC, ranking it 13th among the largest corporate holders, according to BitcoinTreasuries.net.
Bybit, ranked as the second largest crypto exchange by CoinGecko, is also likely to be in the news. CEO Ben Zhou will unveil the company’s roadmap to 2026 on Thursday. Almost a year ago, Bybit was attacked by North Korean hackers who got away with around $1.4 billion in ether. and staked ether.
What to watch
- Crypto
- January 28, 1:00 PM: Hedera Network will undergo a mainnet upgrade that is expected to take around 40 minutes to complete.
- January 29, 3 am: Bybit CEO Ben Zhou will unveil the exchange’s 2026 roadmap in a speech titled “BUILDING A NEW FINANCIAL ERA.”
- Macro
- January 26, 8:30 am: US monthly durable goods orders for November (previously -2.2%)
- January 26, 10:30 am: US Dallas Federal Reserve Manufacturing Index for January (previous -10.9)
- January 27: Weekly change in US ADP employment (Previous 8K)
- January 27: US S&P/Case-Shiller House Price YoY in November (previously 1.3%); Monthly (previous -0.3%)
- January 27, 6:50 pm: Bank of Japan monetary policy meeting minutes
- January 27: Australia’s year-on-year inflation rate for December (previously 3.4%); Monthly (previous 0.0%)
- January 28, 9:45 am: Bank of Canada interest rate decision (previously 2.25%)
- January 28, 2:00 pm: Fed interest rate decision estimated at 3.75% (previously 3.75%)
- January 28, 2:30 pm: Fed press conference on monetary policy
- January 29, 12 am: Japanese Consumer Confidence for January (Previous 37.2)
- January 29, 8:30 am: US Trade Balance for November (was $331.4 billion)
- January 29, 8:30 am: US Initial Jobless Claims for the week ending January 24 (was 200K)
- January 29, 6:30 pm: Japan unemployment rate for December (previously 2.6%)
- January 30, 5 am: European Economic Area GDP year-on-year growth rate for the fourth quarter (previously 1.4%), quarter-on-quarter advance (previously 0.3%)
- Jan 30, 8:30 am: December US PPI YoY (previous 3%), Core PPI YoY (previous 3%)
- Earnings (Estimates based on FactSet data)
- January 28: Tesla (TSLA), post-market, $8.22
symbolic events
- Governance votes and calls
- January 28: Gala DeFi to host an X Spaces ‘Gala Meme Hour’ session
- January 29: Helium will host a community roundtable on implementers.
- January 29: Alchemy Pay will host an Ask Me Anything (AMA) community session on Discord.
- January 30: Conflux Network will host its quarterly community call.
- Maple Finance is voting on extending the protocol’s 25% revenue allocation to the Syrup Strategic Fund for the first half of 2026. Voting ends on January 26.
- Lido is voting to implement a dynamic DVT incentive model that adjusts reward splitting based on operating costs, as well as reforming the Shared Rewards Committee to support Lido V3 features like stVaults. Voting ends on January 26.
- Floki is voting on the final rankings for the FlokiUltras3 Guerrilla Marketing Contest, inviting the community to rank the top 20 shortlisted entries based on creativity and impact. Voting ends on January 28.
- CoW DAO is voting to renew equipment grants. This includes a 5% base award over four years and up to 10% in performance incentives tied to revenue milestones. Voting ends on January 28.
- Beefy DAO is voting on reallocating protocol revenues to a new “Protocol Hedge Fund” to fund Nexus Mutual hedging that benefits Beefy users. Voting ends on January 29.
- Sushi is voting to execute the migration of ~$57 million in legacy liquidity to positions implemented by the V3 protocol. Voting ends on January 29.
- GMX DAO is voting on a two-year funding framework for GMX Labs, setting an annual operating budget of between $7 million and $9 million from V2 protocol fees. Voting ends on January 30.
- Unlock
- January 26: to unlock 10.5% of its circulating supply worth $508.2 million.
- January 28: to unlock 17.68% of its circulating supply worth $11.85 million.
- January 28: to unlock 1.7% of its circulating supply worth $10.49 million.
- January 30: to unlock 3.68% of its circulating supply worth $11.22 million.
- Token releases
- January 27: Theo Network is expected to make an announcement that may be related to the introduction of thGOLD.
- January 28: SuperRare will release the VORGIANS profile photo collection.
