Crypto Week Ahead: CME Bitcoin Cash, Uniswap Futures and Global PMI Data

Here’s what investors and crypto market participants should watch during the week beginning October 19.

CME Group, one of the world’s largest derivatives exchanges, is scheduled to introduce futures contracts for Bitcoin Cash (BCH) and Uniswap (UNI) on Monday, subject to regulatory review. The offering is expected to include both standard and micro-sized contracts.

Following last week’s closely watched U.S. inflation releases, economic data from other major economies could provide additional clues about the direction of global markets this week.

Flash Purchasing Managers’ Index (PMI) readings for October are also due on Friday. These surveys track business activity across different economic sectors and provide a combined indicator of overall economic conditions.

Several major companies with ties to the cryptocurrency industry, including Tesla and CME Group, are also scheduled to report earnings. However, much of their business operations extend beyond the digital asset sector.

What to watch

All times are Eastern Time (ET), unless otherwise specified.

Crypto events

• Oct. 19: CME Group plans to introduce standard and micro Bitcoin Cash (BCH) and Uniswap (UNI) futures, subject to regulatory review.
• Oct. 21: CoinShares’ Bitcoin and Ether ETF is scheduled to suspend trading before the market opens as the fund proceeds with liquidation.

Macroeconomic data

• Oct. 19, 8:30 a.m.: Canada’s September consumer price index (CPI), with monthly inflation previously at -0.1% and annual inflation at 3.0%.
• Oct. 20, 8:30 a.m.: U.S. September housing starts, forecast at 1.30 million versus 1.275 million previously, and building permits, estimated at 1.40 million compared with 1.394 million.
• Oct. 21, 2 a.m.: U.K. September inflation figures, including monthly CPI (previously 0.5%), annual CPI (3.1%) and annual core CPI (2.6%).
• Oct. 22, 8:30 a.m.: U.S. initial jobless claims for the week ending Oct. 17, expected at 200,000 versus 199,000 previously.
• Oct. 22, 10 a.m.: Eurozone flash consumer confidence for October, following a previous reading of -16.5.
• Oct. 22, 7:30 p.m.: Japan’s September inflation data, including headline CPI (previously 1.9%), CPI excluding fresh food (1.7%) and CPI excluding fresh food and energy (1.9%).
• Oct. 23, 4 a.m.: Eurozone flash composite PMI for October, following a previous reading of 53.1.
• Oct. 23, 9:45 a.m.: U.S. flash composite PMI for October, compared with the previous reading of 58.4.
• Oct. 23, 10 a.m.: Final October University of Michigan consumer sentiment index, following a preliminary reading of 46.3.

Corporate earnings

• Oct. 21: CME Group (CME), before market opening; earnings estimate: $2.98.
• Oct. 21: Tesla (TSLA), after market close; earnings estimate: $0.40.
• Oct. 22: Nasdaq (NDAQ), before market opening; earnings estimate: $1.02.
• Oct. 22: Blackstone (BX), before market opening; earnings estimate: $1.29.

Token events

Governance votes and developer calls

• Oct. 19: Ethereum’s All Core Devs Testing call No. 101 will cover testing for the Glamsterdam and Hegotá upgrades.
• Oct. 19: WalletConnect Network’s vote on introducing a power-law APY formula and a separate RewardWeight system to improve staking incentives concludes.
• Oct. 19: ZKsync’s vote on resubmitting its v31 protocol upgrade with corrected calldata concludes. The proposal aims to introduce Priority Mode for chains settling on Layer 1 and unify the Era and ZKsync OS codebases.
• Oct. 21: QuickSwap’s vote on discontinuing its Soneium deployment and removing the network from its landing-page interface ends.
• Oct. 22: Arbitrum DAO’s vote covers changes to Layer 1 pricing parameters for the Glamsterdam upgrade, an L1 voting recovery mechanism, transferring 1,700 ETH to ADG and Treasury strategies, and adopting USDG as a core strategic initiative.
• Oct. 22: Starknet’s non-binding vote on researching a potential transition toward an independent post-quantum Layer 1 concludes.
• Oct. 22: Optimism’s veto-only vote on transferring Unichain’s sequencer operations and fee routing to the Optimism Foundation ends.
• Oct. 25: ENS DAO’s vote on activating ENSv2 on mainnet concludes. The proposal would freeze new v1 registrations, allow existing names to remain renewable and transfer control to the DAO.

Upcoming token unlocks

• Oct. 20: LayerZero (ZRO) is scheduled to unlock 3.83% of its circulating supply, valued at approximately $44 million.
• Oct. 25: Humanity (H) is set to release 6.84% of its circulating supply, worth around $15.27 million.
• Oct. 25: Plasma (XPL) is scheduled to unlock 5.02% of its circulating supply, valued at approximately $17.76 million.

Token launches

No major token launches are scheduled for the week.

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