Important Event Forecast for the Crypto Assets Market in the Coming Week

June 23

The Bank of Korea discusses the development of stablecoins.

The Governor of the Bank of Korea, Lee Chang-yong, will meet with the CEOs of major commercial banks in Seoul on the 23rd to discuss topics such as the development of the won-backed stablecoin. This meeting comes at a time when the South Korean political sphere is showing a strong interest in promoting the won stablecoin.

Ethereum developers finalize the scope of the Fusaka upgrade

Ethereum developers confirmed the final scope of the Fusaka upgrade at the 214th core developer meeting, which includes 12 EIP proposals. If the conditions of at least 3 consensus layer and 3 execution layer client teams being ready are met, the Fusaka Devnet 2 testnet will be launched on the 23rd.

June 24

The Chairman of the Federal Reserve, Jerome Powell, delivers the semi-annual monetary policy report.

Federal Reserve Chairman Powell will testify on the semiannual monetary policy report before the House Financial Services Committee on the evening of the 24th.

June 25

Federal Reserve Chairman Powell testified before the Senate committee.

Powell will testify on the semiannual monetary policy report before the Senate committee on the evening of the 25th.

Venom Token Unlock

Venom (VENOM) will unlock approximately 59.26 million tokens on the 25th, accounting for 2.84% of the current circulation, worth about 10 million dollars.

June 26

SEC convenes a meeting to review executive compensation disclosure rules.

The U.S. Securities and Exchange Commission will hold a roundtable on the 26th to discuss executive compensation disclosure requirements with representatives from listed companies, investors, and relevant experts to ensure that these rules remain cost-effective.

Large-scale unlocking of Blast tokens

Blast (BLAST) will unlock approximately 1.05 billion tokens on the evening of the 26th, accounting for 34.98% of the current circulation, valued at approximately 22.5 million dollars.

ApeCoin DAO dissolution proposal voting deadline

The voting for the ApeCoin DAO dissolution proposal AIP-596 will close on the 26th. This proposal aims to transfer the ApeCoin ecosystem assets and responsibilities to the newly established entity ApeCo by Yuga Labs.

June 27

The U.S. released the May PCE price index

The United States will announce the May PCE price index on the 27th. Economists expect the May PCE price index to increase by 2.3% year-on-year, and the core PCE price index to increase by 2.6% year-on-year, indicating a moderate rise in inflation.

LayerZero fee rate switch referendum deadline

The second round of the rate switch referendum initiated by the LayerZero Foundation will end on the 27th. ZRO holders can vote on whether to activate the LayerZero protocol fee.

June 28

Thailand's SEC blocks multiple unlicensed exchanges

The Thai Securities and Exchange Commission will block several unlicensed Crypto Assets trading platforms, including Bybit and OKX, starting from the 28th, to protect investors and curb illegal activities.

June 29

Ethereum ecosystem internship application deadline

The first internship season application for the Ethereum ecosystem will close on the 29th. 18 ecological teams are jointly providing more than 30 paid remote internship positions, covering various fields such as development, research, and community.

A Spanish coffee chain plans to purchase Bitcoin on a large scale.

Spanish coffee chain Vanadi Coffee plans to invest over 1.1 billion USD to purchase Bitcoin and will discuss its Bitcoin reserve strategy at the board meeting on the 29th.