Jackson Hole, PCE Inflation and IREN Earnings Set Up a Big Crypto Week

Crypto Week Ahead: Aug. 24–28

Bitcoin is heading into the final week of August after posting its strongest monthly performance in years. BTC has gained 23% so far this month, putting it on track for its best August since 2017, when it jumped 65%, according to CoinGlass. The median August return is negative 7%.

The rally will now face several major catalysts, including a heavy slate of U.S. economic data on growth and inflation and the Jackson Hole symposium later in the week.

“Bitcoin enters next week with considerable momentum, but also with a much higher bar to clear after its strongest weekly rally in years,” Daniela Hathorn, senior market analyst at Capital.com, told CoinDesk. Markets will pay close attention to Fed Chair Kevin Warsh’s first keynote speech at the event.

Hathorn said a speech that keeps the possibility of additional Fed tightening at bay could support the weaker-dollar and lower-yield environment that has helped drive Bitcoin higher. A more hawkish message, however, could prompt traders to lock in profits.

Hong Yea, co-founder and CEO of onchain investment platform Grvt, told CoinDesk that the week will be defined by the “collision of Jackson Hole with geopolitical risk.” Uncertainty surrounding the U.S.-Iran conflict remains, while Russia’s war in Ukraine continues to carry the risk of a broader escalation.

What to Watch

All times ET.

Crypto

• Aug. 24: Public comments close on two joint SEC-CFTC requests concerning derivatives product definitions, alternative compliance and swap data reporting, with potential implications for crypto derivatives.
• Aug. 24, 10:30 p.m.: BNB Smart Chain is scheduled to activate the Pasteur hard fork.

Macro

• Aug. 25, 8:15 a.m.: U.S. ADP Employment Change Weekly, previously 9.5K.
• Aug. 25, 10 a.m.: U.S. Consumer Confidence for August, estimated at 91.2 versus 90.8 previously.
• Aug. 25, 1 p.m.: U.S. Money Supply for July, previously $23.15 trillion.
• Aug. 25, 9:30 p.m.: Australia’s July inflation rate and RBA Trimmed Mean CPI data.
• Aug. 26–28: Jackson Hole Economic Policy Symposium.
• Aug. 26, 8:30 a.m.: U.S. July Core PCE Price Index, expected to rise 0.2% month over month versus 0.1% previously; annual core PCE is forecast at 3.3%.
• Aug. 26, 8:30 a.m.: U.S. Q2 GDP second estimate, expected at 1.5% quarter over quarter versus 2.1% previously.
• Aug. 26, 9 p.m.: South Korea interest-rate decision, with the previous rate at 2.75%.
• Aug. 27, 8:30 a.m.: U.S. initial jobless claims for the week ended Aug. 22, forecast at 210,000 versus 206,000 previously.
• Aug. 28, 10 a.m.: Final U.S. Michigan Consumer Sentiment for August, estimated at 51.0 versus 55.2 previously, along with one-year inflation expectations of 4.3%.
• Aug. 28, 10 a.m.: Preliminary annual revision to U.S. nonfarm payrolls, compared with a previous -911,000.

Earnings

• Aug. 27: IREN reports after the market close.
• Aug. 27: Hyperliquid Strategies (PURR) reports before the market opens.

Token Events

Governance votes

• CoW DAO: Voting on a proposal to replace fixed settlement penalty caps with volume-based percentages. Voting ends Aug. 25.
• Superfluid DAO: Voting on Established Project campaigns and the allocation of SUP tokens for Season 7. Voting ends Aug. 25.
• Sushi DAO: Voting on revised tokenomics, creation of a SUSHI reserve and migration of liquidity to Robinhood Chain. Voting ends Aug. 25.
• ShapeShift DAO: Voting on four-month renewals for the Tokenomics and Operations workstreams to better align budget cycles. Voting ends Aug. 26.
• Arbitrum DAO: Voting on expanding its Audit Program into a broader Security Program. Voting ends Aug. 27.
• GnosisDAO: Voting on $15 million in annual funding for Gnosis Ltd. and a proposal encouraging Gnosis Guild to revive GIP-99 governance. Both votes end Aug. 27.

Token Unlocks

• Aug. 24: The Open Network (TON) will unlock 1.33% of its circulating supply, worth approximately $54.12 million.
• Aug. 25: Humanity will unlock 7.92% of its circulating supply, valued at about $20 million.

Token Launches

• No major token launches are scheduled.

Conferences

• Aug. 24–26: FEBRABAN TECH 2026 — São Paulo, Brazil.
• Aug. 25–27: CryptoWinter26 — Queenstown, New Zealand.
• Aug. 26–27: ETH Belgrade 2026 — Belgrade, Serbia.
• Aug. 27–28: Bitcoin Asia — Hong Kong.

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