Fed minutes, USDC pact renewal and EU crypto restrictions lead Aug. 18-23 crypto calendar

The week's crypto calendar is centered on the Federal Open Market Committee's July 28-29 minutes due Aug. 19, the Aug. 18 start of the first three-year renewal period in Coinbase and Circle's USDC partnership, and new European Union restrictions that from Aug. 23 will bar businesses from transacting with 14 designated crypto-asset service platforms. Investors are watching the Fed minutes for signals on how far officials are considering additional interest-rate increases, while the USDC renewal matters because it governs how Coinbase and Circle share revenue from the stablecoin business. The macro backdrop also includes U.S. July industrial production on Aug. 18, weekly initial jobless claims on Aug. 20, the preliminary August S&P Global composite purchasing managers' index on Aug. 21, and inflation releases from the UK, the euro zone and Japan. Token unlocks include about $40 million of Official Trump on Aug. 18, equal to 4.1% of circulating supply, plus releases for LayerZero, Kaito, Avalanche and Morpho later in the week. Oil-price moves tied to U.S.-Iran developments are also in focus because of their potential effect on inflation and rate expectations.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.