Coinbase (COIN) News, U.S. Employment Report, Japan’s Interest Rate Announcement: Upcoming Week in Crypto

The upcoming week will focus on broader economic data, highlighting employment and inflation statistics in the U.S., along with interest-rate decisions in both Japan and Europe. Coinbase, the leading publicly traded crypto exchange, is set to reveal a system update anticipated to feature an in-house prediction market.

The U.S. nonfarm payrolls data, customarily published on the first Friday of the month, will be released on Tuesday due to a 36-day government shutdown delay. This figure is a crucial indicator of the world’s largest economy and can sway perspectives on high-risk investments.

It is expected that the Bank of Japan will raise its benchmark interest rate for the first time since January, with a predicted increase of 25 basis points to 0.75%, marking the highest level in around three decades. Historically, a stronger yen has added downward pressure on bitcoin BTC$89,884.58. This decision on Friday follows announcements from the European Central Bank and the Bank of England earlier that week.

Things to Monitor

• Crypto
  • Dec. 15, 5 a.m.: Aster ASTER$0.9139 L1 testnet AMA on Discord.
  • Dec. 15, 10 a.m.: Conflux (CFX) AMA on “AI Agents in Web3” on X Spaces.
  • Dec. 16, 2 a.m.: CRO$0.09776 EVM mainnet network upgrade.
  • Dec. 17, 5 p.m.: Coinbase system update (a series of new features for the Coinbase platform, likely to comprise tokenized stocks and prediction markets) livestream on X.
• Macro
  • Dec. 15, 8:30 a.m.: Canada Nov. Inflation Rate. Headline YoY (Prev. 2.2%), MoM (Prev. 0.2%). Core YoY (Prev. 2.9%), MoM (Prev. 0.6%).
  • Dec. 15, 9:30 a.m.: Federal Reserve Governor Stephen I. Miran speech (“The Inflation Outlook”). Watch live.
  • Dec. 16, 8:15 a.m.: U.S. ADP Employment Change Weekly Prev. 4.75K.
  • Dec. 16, 8:30 a.m.: U.S. Nov. employment data. Nonfarm Payrolls Est. 35K; Unemployment Rate Est. 4.4%; Average Hourly Earnings YoY (Prev. 3.8%).
  • Dec. 16, 9:45 a.m.: S&P Global (Flash) U.S. Dec. PMI Composite (Prev. 54.2), Manufacturing (Prev. 52.2), Services (Prev. 54.1).
  • Dec. 17: Federal Reserve Governor Christopher J. Waller speech (“Economic Outlook”). Watch live.
  • Dec. 18, 7 a.m.: Bank of England interest-rate decision. Benchmark rate Est. 3.75%.
  • Dec. 18, 8:15 a.m.: European Central Bank interest-rate decision. Benchmark rate Est. 2.15%.
  • Dec. 18, 8:30 a.m.: U.S. Nov. Inflation Rate. (No estimates available)
  • Dec. 18, 8:30 a.m.: U.S. Jobless Claims. Initial (for week ending Dec. 13) (Prev. 236K), Continuing (for week ending Dec. 6) (Prev. 1838K).
  • Dec. 18, 2 p.m.: Argentina Q3 Unemployment Rate (Prev. 7.6%).
  • Dec. 18, 2 p.m.: Mexico central bank interest-rate decision. Benchmark rate (Prev. 7.25%).
  • Dec. 19, 10 a.m.: U.S. Dec. (Final) University of Michigan Survey. Consumer Sentiment Index Est. 53.3; Inflation Expectations Est. 4.1%.
• Earnings (Estimates based on FactSet data)

Token Events

• Governance votes & calls
  • Sushi DAO is voting to more than triple SUSHI annual emissions from 1.5% to 5% (~14.25M tokens/year) to support deep liquidity incentives, private capital deals, and the new Blade AMM, aiming for $20M in annual revenue. Voting ends Dec. 14.
  • Streamr DAO is voting to incentivize its CEO and CTO with performance-based token grants that only mint if the DATA price meets specific milestones between $0.05 and $1.00. Voting ends Dec. 15.
  • Moons DAO is voting to elect an Ecosystem Growth Officer to handle strategic partnerships and grow the DAO’s presence. Voting ends Dec. 16.
  • SSV Network is voting to enhance committee operations (DIP-47) and to cap the ETH/SSV fee ratio at 700 (DIP-49). Voting ends Dec. 17.
  • Lido DAO is voting on a transformative package to transition from a pure staking protocol into a diversified DeFi product suite over the next three years. Voting ends Dec. 19.
  • CoW DAO is voting to dissolve the Sprinter solver bonding pool and return the deposited 500,000 USDC and 1.5M COW to the original investors. Voting ends Dec. 19.
  • Arbitrum DAO is voting to enact the ArbOS 51 upgrade on Jan. 8, introducing a 32M transaction gas limit, dynamic gas targets, and a doubled minimum base fee to improve network scalability. Voting ends Dec. 19.
  • BNB Chain is voting to reduce the consecutive blocks a validator can produce from 16 to 8. This change is intended to prevent large chain reorganizations and enhance network stability. Voting ends Dec. 22.
  • The Sandbox DAO is voting to select one of the curated artists to create a commissioned NFT artwork for the DAO’s collection, offering the winner an 8,000–12,000 USDC grant from the existing SIP-26 budget. Voting ends Dec. 24.
  • Dec. 18: Celo will host a governance call.
  • Dec. 18: Changelly will host a Web3 Stand Up talk on pumps & dumps.
• Unlocks
  • Dec. 15: CONX$19.32 will unlock 1.61% of its circulating supply, valued at $21.99 million.
  • Dec. 15: STRK$0.1046 will unlock 5.07% of its circulating supply, which is worth $13.87 million.
  • Dec. 16: ARB$0.2117 will unlock 1.9% of its circulating supply, equivalent to $19.88 million.
  • Dec. 20: ZRO$1.4649 will unlock 6.79% of its circulating supply, valued at $37.28 million.
• Token Launches

Conferences