Clarity Act returns to U.S. Senate, Bank earnings: Crypto Week Ahead

The week ahead will see the U.S. Senate return from recess, with the Clarity Act on the agenda while the National Credit Union Administration’s window for comments on stablecoin issuer rules closes.

On top of that, April 15 brings the U.S. tax filing deadline, which could put pressure on cryptocurrency holders managing their finances and add volatility to the market.

The macro front will see markets digest critical data, including U.S. producer price inflation, to help assess the Federal Reserve’s interest-rate policy direction.

Earnings from Goldman Sachs, JPMorgan and BlackRock could provide additional hints on how their crypto-linked ventures are faring and how institutional appetite is evolving.

What to Watch

(All times ET)

• Crypto
  • April 13: U.S. Senate returns from recess and negotiations on the Clarity Act will resume.
  • April 13: Comment period closes for the U.S. National Credit Union Administration’s proposed rule on permitted payment stablecoin issuer applications
  • April 15: U.S. tax filing deadline, including crypto, for individual income tax returns.
  • April 17: Mercado Libre shuts down Mercado Coin.
• Macro
  • April 13: China M2 Money Supply YoY for March est. 8.9% (Prev. 9%)
  • April 14, 8:30 a.m.: U.S. Producer Price Index (PPI) MoM for March (Prev. +0.7%); Core PPI MoM (Prev. 0.5%)
  • April 15, 09:00 p.m.: China GDP Growth Rate YoY for Q1 est. 5% (Prev. 4.5%)
  • April 16, 04:00 a.m.: Euro Area Consumer Price Index (CPI) rate YoY for March est. 2.3% (Prev. 2.4%)
  • April 16, 7:30 a.m.: U.S. Initial Jobless Claims for week ending April 11 (Prev. 219K)
  • April 17, 2:00 p.m.: U.S. Fed Governor Christopher J. Wallet speech on Economic Outlook.
• Earnings (Estimates based on FactSet data where available)
  • April 13: Goldman Sachs (GS), pre-market, $16.41
  • April 14: JPMorgan Chase (JPM), pre-market, $5.47
  • April 14: BlackRock (BLK), pre-market, $12.06
  • April 15: Morgan Stanley (MS), pre-market, $3.02
  • April 16: Bank of New York (BNY), pre-market, $1.93

Token Events

• Governance Votes & Calls
  • Compound DAO is voting on several cross-chain market updates, including implementing CAPO price feeds on Unichain, deprecating stMATIC on Polygon, switching to API3 oracles on Ronin, and expanding collateral limits for Polygon markets. Voting ends April 13.
  • Lido DAO is voting on operational updates covering a 10,000 stETH LDO accumulation program, a node operator governance transition, incentive redirects, multisig policy updates, and increased Alliance BORG transfer limits. Voting ends April 13.
  • OlympusDAO is voting to determine the distribution timeline for its Cooler Drip acceleration, choosing between an accelerated 3-month, moderate 6-month, or conservative 12-month cadence for daily gOHM rewards. Voting ends April 13.
  • Decentraland DAO is voting to remove an inactive catalyst node from its network following its shutdown, a move that will also rebalance the network to maintain four foundation nodes and five community nodes. Voting ends April 14.
  • Cardano DAO is voting to authorize a treasury withdrawal of 50 million ADA to support the Cardano x Draper Dragon: Orion Fund. Voting ends April 14.
  • ENS DAO is voting to automate treasury operations by routing revenue directly to the endowment for immediate yield and allowing the treasury manager to maintain a six-month operational runway without routine votes. Voting ends April 14.
  • Squid DAO is voting to approve the category weightings for its April SQUID token drop, which rewards community members for March activities across various areas. Voting ends April 15.
  • SafeDAO is voting to allocate 5 million SAFE to fund a six-month staking rewards program and interface development for Safenet Beta. Voting ends April 20.
• Unlocks
  • April 15: Connex (CONX) to unlock 1.52% of its circulating supply worth $18.39 million.
  • April 16: Arbitrum (ARB) to unlock 1.75% of its circulating supply worth $10.8 million.
  • April 17: DeBridge (DBR) to unlock 12.9% of its circulating supply worth $9.19 million.
• Token Launches
  • April 15: HTX Global to complete its quarterly HTX token burn.
  • April 15: Tradoor airdrop expected to begin.

Conferences