Crypto Shenanigans: What’s Cooking in the Markets This Week?

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Markets

What to know:

Ah, welcome to the new year! A quiet week, it seems, where the only thing making noise might be your neighbor’s cat. 🐱

In thrilling news, the Ethereum blockchain is activating an upgrade that’s almost as riveting as watching paint dry-part of its Fusaka roadmap, darling! Meanwhile, BNB Chain is busy voting on a proposal to adjust a few parameters, probably over tea and biscuits, to align with the oh-so-dramatic Fermi hard fork, set to debut on January 14. 🎩☕

Now, for the economic report that everyone has been waiting for (or not), the U.S. nonfarm payrolls data is expected to reveal that the world’s largest economy somehow managed to create a whopping 57,000 jobs in December. I do hope they all come with benefits! 💼

What to Watch

  • Crypto
    • Jan. 7: Ethereum will activate its second “Blob Parameter Only” (BPO‑2) hard fork. Yes, you heard that right! They’re raising the blob target to 14 and the maximum to 21 blobs per block. Sounds like a party, doesn’t it? 🎉
    • Jan. 8, 11 a.m.: An AMA (“Product Roadmap & Tokenomics for 2026”) on X. Don’t miss out-it’s bound to be as scintillating as a lecture on tax law! 📚
  • Macro
    • Jan. 5, 10 a.m.: U.S. Dec. ISM Manufacturing PMI Est. 48.3. Hold onto your hats, folks!
    • Jan. 6, 7 a.m.: Mexico Dec. Consumer Confidence (Prev. 44.2). Let’s just cross our fingers, shall we?
    • Jan. 6, 8 a.m.: Brazil Dec. S&P Global PMI. Services (Prev. 50.1); Composite (Prev. 49.6). Don’t even ask how they’re feeling about it…
    • Jan. 6, 9:30 a.m.: Canada Dec. S&P Global PMI. Services (Prev. 44.3); Composite (Prev. 44.9). Oh dear, looks like a case of the Mondays!
    • Jan. 6, 9:45 a.m.: U.S. Dec. (Final) S&P Global PMI. Services Est. 52.9; Composite Est. 53. Just in case you were wondering.
    • Jan. 7, 5 a.m.: Eurozone Dec. (Flash) Consumer Price Inflation. Headline Rate YoY Est. 2.1%; Headline Rate MoM (Prev. -0.3); Core Rate YoY Est. 2.4%. Now that’s some spicy gossip!
    • Jan. 7, 8:15 a.m.: Dec. ADP Employment Change Est. 47K. Fingers crossed!
    • Jan. 7, 10 a.m.: Dec. ISM Services PMI Est. 52.3. More numbers, more fun!
    • Jan. 7, 10 a.m.: Nov. JOLTS report. Job Openings Est. 7.73M; Job Quits (Prev. 2.941M). Talk about a talent exodus!
    • Jan. 8, 5 a.m.: Eurozone Nov. Unemployment Rate Est. 6.4%. Let’s hope for better luck this time!
    • Jan. 8, 5 a.m.: Eurozone Nov. PPI. YoY (Prev. -0.5%); MoM Est. 0.4%. Numbers, numbers everywhere!
    • Jan. 8, 7 a.m.: Mexico Dec. Consumer Price Inflation. Headline Rate YoY Est. 3.9%; Headline Rate MoM Est. 0.48; Core Rate YoY Est. 4.37%; Core Rate MoM Est. 0.42%. How about a round of applause for those statistics? 👏
    • Jan. 8, 8:30 a.m.: U.S. Jobless Claims. Initial (for week ended Jan. 3) Est. 205K; Continuing (for week ended Dec. 27) (Prev. 1866K). Let’s hope everyone finds their way back to work!
    • Jan. 9, 7 a.m.: Brazil Dec. Consumer Price Inflation. Headline Rate YoY Est. 4.35%; Headline Rate MoM Est. 0.41%. Get ready for the results, folks!
    • Jan. 9, 8:30 a.m.: Canada Dec. Unemployment Rate Est. 6.7%. Oh dear, let’s hope they find work soon!
    • Jan. 9, 8:30 a.m.: U.S. Dec. Jobs Report. Nonfarm Payrolls Est. 57K; Unemployment Rate Est. 4.5%. Here’s hoping for glittering results!
    • Jan. 9, 10 a.m.: Dec. (Preliminary) Michigan Inflation Expectations (Prev. 4.2%). And they thought inflation was a myth!
  • Earnings (Estimates based on FactSet data)
    • Nothing scheduled. A veritable desert of earnings!

Token Events

Conferences

  • Jan. 7-8: BUIDL Europe 2026 (Lisbon, Portugal). Do pack your beret and sense of adventure! 🇵🇹

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2026-01-05 17:04