The crypto market is entering a busy week of macroeconomic releases and project-level events after a soft seven-day stretch. Bitcoin slipped roughly 3% and the top-20 crypto index was on track for a 2.3% weekly decline, pressured by fading expectations that the Clarity Act will pass the Senate this year and by the SEC’s decision to postpone its planned crypto hearing.
Monday, August 17 brings a wave of exchange and ecosystem updates: DGrid AI opens airdrop applications, Coinbase ends USDC deposit and withdrawal support on the Noble network, Coinbase Futures launches US500 perpetual futures for US users, and Hashdex shuts down its Hashdex Bitcoin ETF. Binance will delist ACX, HFT, PIVX, PYR, VANRY and VIC, while Solana suspends registration of .sol domain names.
Tuesday, August 18: Bithumb will delist GRACY and SPURS. On Wednesday, August 19, the White House may meet top executives from the crypto and prediction markets sectors, and the Fed releases minutes from its latest rate-setting meeting at 18:00 UTC (21:00 UTC+3). US crude oil inventories are also due at 14:30 UTC.
Thursday, August 20 brings US initial jobless claims, expected at 210,000 versus a prior reading of 209,000, at 12:30 UTC. Friday, August 21 rounds out the week with US manufacturing and services PMI data at 13:45 UTC, South Korea expanding oversight of crypto operators to include major shareholders, and the Step Move-to-Earn application discontinuing service.
