Greetings, traders! ๐
A massive week: tech earnings, token unlocks, CLARITY Act progress, and major industry events. Here's everything on the radar.
All times in UTC for our global community.
๐ TUESDAY, July 21
๐บ๐ธ After market close - Tesla & Alphabet Q2 Earnings kick off Magnificent Seven season
๐ WEDNESDAY, July 22
๐ฌ๐ง 06:00 UTC - UK CPI
๐จ๐ฆ Toronto - Blockchain Futurist Conference & ETHToronto (Canada Crypto Week flagship)
๐บ๐ธ After market close - Tesla & Alphabet Q2 Earnings reports
๐บ๐ธ 14:30 UTC - US Crude Oil Inventories
๐ THURSDAY, July 23 - CLARITY Act Push Day ๐บ๐ธ
๐ช๐บ 12:15 UTC - ECB Interest Rate Decision
Expected to hold at 2.40%. Markets are focused on Lagarde's press conference for signals about a potential September rate cut.
๐ช๐บ 12:45 UTC - ECB Press Conference with Christine Lagarde
๐บ๐ธ 12:30 UTC - US Initial Jobless Claims (Weekly)
๐ CLARITY Act - White House agreed on ethics provisions, clearing the last major hurdle. Final Senate text expected this week.
๐ GRAM (TON) unlock - ~$52M, the week's largest unlock
๐ FRIDAY, July 24 - Flash PMI Day
๐ช๐บ 08:00 UTC - EU Flash PMIs (Manufacturing/Services/Composite) - July Prelim
๐บ๐ธ 13:45 UTC - US Flash PMIs (Manufacturing/Services/Composite) - July Prelim
๐บ๐ธ 14:00 UTC - US New Home Sales (June)
๐ 08:00 UTC - Weekly BTC & ETH Options Expiry
โก๏ธ What XBTS DEX Is Watching This Week
1๏ธโฃ Tesla & Alphabet Earnings (Tue/Wed) - Tesla holds 11,509 BTC on its balance sheet. Any comments on digital assets could directly impact crypto markets. Combined with the Magnificent Seven expected ~28% EPS growth, strong reports could boost risk appetite; weak ones could trigger a flight to safety.
2๏ธโฃ CLARITY Act (Thu) - Trump agreed to ethics provisions on July 20, clearing the final obstacle. The Senate text is expected this week, with a vote before the August 7 recess. Polymarket odds rebounded to 43%.
3๏ธโฃ Token Unlocks - Over $110M in new supply hits the market this week. GRAM ($52M) is the largest.
4๏ธโฃ Canada Crypto Week - Blockchain Futurist Conference, ETHToronto, ETHWomen, and Agentic Day AI Summit are all happening in Toronto. Major networking and potential announcements.
๐ Stay sharp. Trade smart.