The week of Sept. 21 is set to bring a mix of crypto, regulatory and macroeconomic developments for traders to monitor.

Bitcoin is entering the week close to $84,000 after recovering from the market reaction to last week’s Federal Reserve decision. The central bank raised its benchmark target rate to 4.00%, but crypto markets have so far absorbed the more hawkish policy signal without a major setback.

The economic calendar will pick up pace Wednesday and Thursday, with U.S. employment, housing and manufacturing-related data scheduled for release. Investors will also continue weighing the broader interest-rate outlook after recent policy decisions by the Bank of Japan and Bank of England.

In the digital-asset sector, the SEC’s tokenized securities pilot will be another major point of interest as the framework begins taking effect.

What to Watch

All times ET

Crypto and Regulation

Sept. 22: The SEC’s conditional five-year exemption period begins, giving selected institutional venues the ability to participate in pilot trading of tokenized stocks directly on public blockchains.

Economic Data

Sept. 24, 8:30 a.m.: Canada’s August retail sales are expected to decline 0.8% month-over-month, compared with a 0.6% increase in the previous reading.

Sept. 24, 8:30 a.m.: U.S. initial jobless claims for the week ending Sept. 19 are forecast at 201,000, up from 196,000 previously.

Sept. 24, 10:00 a.m.: U.S. new home sales for August are expected to come in at 700,000, compared with 739,000 in the prior month.

Sept. 25, 8:30 a.m.: August durable goods orders are projected to decrease 0.3% month-over-month, following a 1.1% rise previously.

Sept. 25, 10:00 a.m.: The final University of Michigan Consumer Sentiment Index for September is estimated at 47.8, compared with 51.7 previously.

Earnings

No major earnings announcements are scheduled.

Governance and Token Developments

Lido DAO: Voting concludes Sept. 21 on a proposal for a contingent LDO market-making mandate on centralized exchanges. The plan would set aside as much as $1.5 million in recallable LDO and 480,000 USDC to strengthen order-book liquidity and reduce the risk of potential delistings.

Uniswap Governance: A temperature check ends Sept. 23 on whether Uniswap should extend its protocol fee-collection and UNI-burn infrastructure to Arc, Circle’s layer-1 blockchain.

CoW DAO: A proposal to redesign the solver quote competition goes to a vote through Sept. 25. It would dedicate rewards equal to 10% of protocol revenue toward improving quote quality, price routing and order conversion.

Upcoming Token Unlocks

Sept. 21 — Canton (CC): 0.38% of circulating supply, worth approximately $17.17 million, will be unlocked.

Sept. 22 — TON: The token will release 1.3% of its circulating supply, valued at around $51.2 million.

Sept. 23 — Humanity (H): 14.7% of circulating supply, worth about $20.8 million, is scheduled to unlock.

Token Launches

There are no confirmed major token launches on the calendar.

Conferences

No major conferences are scheduled for the week.