Key Developments
As the war with Iran enters its fourth week, crypto markets will be dominated by macro events.
Off the global stage, however, traders will be navigating a number of supply events while Aave prepares for the deployment of its v4 platform and hard forks loom for both the Akash and Casper networks.
A number of Fed speakers also make an appearance, with Governor Stephen Miran’s scheduled appearance at the Digital Asset Summit in New York being a highlight.
Market Context
On the earnings front, Wall Street will get a fresh look at not-so-meme stock firm GameStop (GME), which has a bitcoin treasury of 4,710 BTC, alongside reports from companies including BitGo, a provider of crypto services to institutions.
What to Watch
(All times ET)
What To Watch
- Crypto
- Macro
- March 23, 10:00 a.m.: U.S. Construction Spending MoM for January est. 0.1% (Prev. 0.3%)
- March 23, 11:00 a.m.: Euro Area Consumer Confidence Flash for March est. -16 (Prev. -12.2)
- March 23, 7:30 p.m.: Japan CPI YoY for February (Prev. 1.5%); Core CPI est. 1.7% (Prev. 2%)
- March 24, 8:15 a.m.: U.S. ADP Employment Change Weekly (Prev. 9K)
- March 24, 8:30 a.m.: U.S. Nonfarm Productivity QoQ Final Q4 est. 2.5 % (Prev. 5.2%)
- March 24, 9:45 a.m.: U.S. S&P Global Composite PMI Flash for March (Prev. 51.9); Manufacturing PMI (Prev. 51.6); Services PMI (Prev. 51.7)
- March 24, 6:30 p.m.: Fed Gov. Michael Barr Speech on “Economic Outlook and Community Development” at National Community Investment Conference, Phoenix
- March 25, 3:00 a.m.: U.K. Inflation Rate YoY for February est. 3% (Prev. 3%); Core est. 3.1% (Prev. 3.1%)
- March 25, 8:30 a.m.: U.S. Import Prices MoM for February est. 0.2% (Prev. 0.2%); Export Prices MoM (Prev. 0.6%)
- March 26, 8:30 a.m.: U.S. Initial Jobless Claims for week ending March 21 est. 210K (Prev. 205K)
- March 26, 8:30 a.m.: U.S. Continuing Jobless Claims for week ending March 14 (Prev. 1,857K)
- March 26, 4:00 p.m.: Fed Gov. Lisa Cook speech on “Reflections on Financial Stability” at Yale
- March 26, 4:30 p.m.: Fed Balance Sheet for week ending March 25 (Prev. $6.66T)
- March 26, 7:00 p.m.: Fed Vice Chair Philip Jefferson speech on “Economic Outlook and Energy Effects” at Global Perspectives Speaker Series, Dallas
- March 26, 7:10 p.m.: Fed Gov. Michael Barr speech on “Economy”, Washington, D.C.
- March 27, 10:00 a.m.: U.S. Michigan Consumer Sentiment Final for March est. 55.5 (Prev. 56.6)
- Earnings (Estimates based on FactSet data)
- March 23: BTCS Inc. (BTCS), post-market, $0.01
- March 24: GameStop (GME), post-market, $0.31
- March 26: BitGo Holdings (BTGO), post-market, -$0.41
- March 26: Hyperion DeFi (HYPD), pre-market, -$4.62
- March 27: Sphere 3D (ANY), post-market, -$4.68
- March 27: Bonk Inc (BNKK), post-market
- March 27: Mawson Infrastructure Group (MIGI), post-market, -$10.40
- March 27: ZeroStack (ZSTK), post-market, -$1.97
- Governance votes & calls
- Aave DAO is voting on deploying Aave V4 with a security-first initial setup, conservative risk parameters, and a modular hub and spoke architecture. Voting ends March 23.
- Floki DAO is voting to rank entries from Floki’s third guerrilla marketing competition. Voting ends March 23.
- StakeDAO’s sdSPECTRA is voting on the Spectra gauge weight allocation for the period of March 26 to April 1, 2026. Voting ends March 24.
- Gitcoin DAO is voting on a request from the treasury to fund DAO operations for 2026, covering governance, builder engagement and ecosystem growth. Voting ends March 25.
- Decentraland is voting to add a new location to Decentraland’s Points of Interest list. Voting ends March 25.
- ENS DAO is voting on an update to the Endowment Manager’s permissions that removes deprecated permissions and upgrades the Roles instance. Voting ends March 26.
- Unlocks
- March 25: Humanity (H) to unlock 4.19% of its circulating supply worth $10.1 million.
- Token Launches
