Earnings season gathers steam, U.S. jobs: Crypto Week Ahead

Crypto company earnings season ramps up with reports due from Strategy (MSTR), which holds the largest number of bitcoin BTC$77,528.46 among publicly listed companies, and Galaxy Digital (GLXY), a digital assets and infrastructure investor. Bullish (BLSH), which owns Bullish Exchange and CoinDesk, is also due to release figures.

While interest-rates decisions are due in Europe, with both the Bank of England and European Central Bank making announcements on Thursday, the macroeconomic environment will be focused on Friday’s U.S. employment situation summary for January, including the key nonfarm payrolls figure.

What to Watch

(All times ET)

• Crypto
• Macro
  • Feb. 2: Canada S&P Global Manufacturing PMI for January (Prev. 48.6)
  • Feb. 2, 10 a.m.: U.S. ISM Manufacturing PMI for January (Prev. 47.9)
  • Feb. 3, 10 a.m.: U.S. JOLTs job openings for December (Prev. 7.146M)
  • Feb. 4, 7 a.m.: U.S. MBA 30-year mortgage rate for week ending Jan. 30 (Prev. 6.24%)
  • Feb. 4, 10 a.m.: U.S. ISM Services PMI for January (Prev. 54.4)
  • Feb. 5, 7 a.m.: Bank of England interest-rate decision. Est. 3.75% (Prev. 3.75%)
  • Feb. 5, 8:15 a.m.: European Central Bank interest-rate decision (Prev. 2.15%)
  • Feb. 5, 2 p.m.: Mexico interest-rate decision (Prev. 7%)
  • Feb, 5, 4:30 p.m.: Fed balance sheet for the period ending Feb. 4
  • Feb. 6, 8:30 a.m.: Canada unemployment rate for January (Prev. 6.8%)
  • Feb. 6, 8:30 a.m.: U.S. nonfarm payrolls for January (Prev. 50K)
  • Feb. 6, 8:30 a.m.: U.S. unemployment rate for January (Prev. 4.4%)
  • Feb. 6, 10 a.m.: Canada Ivey PMI index for January (Prev. 51.9)
  • Feb. 6, 10 a.m.: U.S. Michigan Consumer Sentiment preliminary for February (Prev. 56.4); Michigan inflation expectations (Prev. 4%)
• Earnings (Estimates based on FactSet data)
  • Feb. 3: Galaxy Digital (GLXY), pre-market, -$0.95
  • Feb. 5: Bullish (BLSH), pre-market, $0.14
  • Feb. 5: Strategy (MSTR), post-market, -$15.04
  • Feb. 5: IREN Limited (IREN), post-market, -$0.18
  • Feb. 6: CleanSpark (CLSK), post-market, $0.09

Token Events

• Governance votes & calls
  • CoW DAO is voting to renew team grants via a 5% base allocation and up to 10% in performance incentives linked to revenue milestones. Voting ends Feb. 2.
  • BNB Chain is voting on a proposal to adjust five system parameters to align with the forthcoming Fermi hard fork and its faster 0.45-second block interval. Voting ends Feb. 2.
  • ENS DAO is voting to fund a $125k independent retrospective led by Metagov. The project will analyze past spending and governance effectiveness to create an evidence-based roadmap for the DAO’s future. Voting ends Feb. 2.
  • GnosisDAO is voting to enable ranked choice voting for governance proposals. This change allows the community to select from multiple options in an instant-runoff system. Voting ends Feb. 2.
  • Feb. 3: Lido to host a community call on the Lido V3 mainnet launch.
  • Feb. 3: Axie Infinity to host a Lunacian Lounge.
  • Feb. 4: Stacks to host a townhall meeting.
  • Feb. 5: Olympus to host a community call with a live Q&A session.
• Unlocks
  • Jan. 30: KMNO$0.03433 to unlock 3.68% of its circulating supply worth $11.22 million.
  • Feb. 1: SUI$1.1209 to unlock 1.15% of its circulating supply worth $65.29 million.
  • Feb. 1: EigenLayer (EIGEN) to unlock 8.88% of its circulating supply worth $12.53 million.
  • Feb. 5: XDC$0.03806 to unlock 5% of its circulating supply worth $31.52 million.
  • Feb. 5: ENA$0.1383 to unlock 2.31% of its circulating supply worth $26.46 million.
  • Feb. 6: Hyperliquid HYPE$32.07 to unlock 2.79% of its circulating supply worth $287.68 million.
  • Feb. 6: BERA$0.4677 to unlock 41.7% of its circulating supply worth $38.33 million.
• Token Launches
  • Feb. 3: Conflux (CFX) to be listed on Kraken.
  • Feb. 3: Usualx’s unlock window closes.
  • Feb. 4: THORChain Solana mainnet is expected to launch.

Conferences