Markets are leaving April with a plethora of macro events to watch. Four major central banks, the Bank of Japan, U.S. Federal Reserve, European Central Bank, and Bank of England, all set interest-rate policy this week.
Layered on top is a slate of U.S. data including first-quarter GDP and March PCE inflation alongside earnings from Visa, Mastercard, Robinhood and some of the biggest tech companies, whose results could either reinforce or unwind the current tone.
Markus Levin, Co-founder of XYO, told CoinDesk that bitcoin is entering the week “with strong momentum around the $78,000 level, and while the Fed is expected to keep rates unchanged, persistent inflation could reinforce a hawkish tone and we could see bitcoin pull back to $72,000–$74,000 range once again in the short-term.”
Tech giants’ earnings, Levin added, could also be a crucial indicator “in reinforcing or challenging the current trajectory given their outsized influence on equity markets, while developments around the U.S.–Iran talks will steer sentiment through oil and dollar movements.”
What to Watch
(All times ET)
- Crypto
- May 1: Full shutdown of Magic Eden’s wallet services.
- Macro
- April 27, 10:00 p.m.: Bank of Japan Interest Rate Decision est. 0.75% (Prev. 0.75%)
- April 29, 8:45 a.m.: Bank of Canada Interest Rate Decision (Prev. 2.25%)
- April 29, 01:00 p.m.: U.S. Fed Interest Rate Decision est. 3.75% (Prev. 3.75%)
- April 30, 4:00 a.m.: Euro Area Inflation Rate YoY Flash for April (Prev. 2.6%)
- April 30, 6:00 a.m.: Bank of England Interest Rate Decision est. 3.75% (Prev. 3.75%)
- April 30, 07:15 a.m.: European Central Bank Interest Rate Decision est. 2.15% (Prev. 2.15%)
- April 30, 07:30 a.m.: U.S. GDP Growth Rate QoQ Adv for Q1 est. 1.5% (Prev. 0.5%)
- April 30, 07:30 a.m.: U.S. PCE Price Index YoY for March(Prev. 2.8%); Core YoY (Prev. 3%)
- April 30, 07:30 a.m.: U.S. Initial Jobless Claims for period ending April 25 est. 219K (Prev. 214K)
- May 1, 09:00 a.m.: U.S. ISM Manufacturing PMI for April est. 52.5 (Prev. 52.7)
- Earnings (Estimates based on FactSet data)
- April 28: Visa (V), post-market, $3.1
- April 28: Robinhood Markets (HOOD), post-market, $0.4
- April 28: Galaxy Digital (GLXY), pre-market, -$0.65
- April 30: Mastercard (MA), pre-market, $4.41
- April 30: Riot Platforms (RIOT), post-market, -$0.32
- April 30: CoinShares (CSHR), annual report expected
- May 1: WisdomTree (WT), pre-market, $0.25
Token Events
- Governance votes & calls
- Frax DAO is voting to add sGHO and USCC as yield strategies within sfrxUSD, expanding the stablecoin’s backing asset set. Voting ends April 26.
- Ether.fi DAO is voting on a treasury contribution to restore rsETH’s backing following the KelpDAO bridge exploit. Voting ends April 27.
- Compound DAO is voting on a proposal to update rsETH price feeds on its WETH and wstETH Ethereum mainnet markets. Voting ends April 27.
- Decentraland DAO is voting on the “2030 Transition Plan,” a strategic roadmap for the platform’s governance and metaverse product positioning. Voting ends April 30.
- Nouns DAO (Prop 959) is voting on a 501(c)(3) feasibility study to explore nonprofit status for the DAO, with significant implications for treasury management and grant-making. Voting ends April 30.
- Beefy DAO is voting on Q2 2026 contributor funding and Staworth contributor renewal. Voting for both ends April 30.
- RootstockCollective is voting on a grant milestone payment for Blockscout’s Global Wallet. Voting ends April 30.
- Arbitrum DAO is voting to transfer 6,000 ETH and roughly $150,000 in idle USDC from its main treasury to the Treasury Management Portfolio. Voting ends May 5.
- Unlocks
- Token Launches
- April 27: Chiliz (CHZ) to roll out FanTokens V2.0
- April 28: Binance to delist Dego Finance (DEGO), DENT (DENT) amd
- April 28: Pharos mainnet launches
- April 30: MegaETH (MEGA) token generation event expected to occur.
- May 1: Venice (VVV) to cut token emissions from 6 million to 5 million per year.
