• Fed Chair Powell’s June 24 testimony may shift market sentiment, with dovish or hawkish tones influencing crypto asset volatility.

  • Blast’s 10.5 billion token unlock on June 26 could spark significant selling pressure and test investor confidence in its tokenomics.

  • Thailand will block five unlicensed crypto exchanges on June 28, signaling tougher enforcement in Asia’s regulatory landscape.

 

June 23, 2025 (Monday)

  • U.S. Markit Manufacturing PMI (June), previous: 52.0

  • U.S. Markit Services PMI (June), previous: 53.7

  • U.S. Existing Home Sales Annualized (May), previous: 4.00M

  • SOON (SOON) token unlock: 41.88 million tokens, 22.41% of circulating supply, worth approx. $8.25M

  • Bank of Korea Governor to meet with major domestic bank CEOs to discuss stablecoin regulation

 

June 24, 2025 (Tuesday)

  • U.S. Conference Board Consumer Confidence Index (June), previous: 98.0

  • Fed Chair Jerome Powell to deliver testimony

 

June 25, 2025 (Wednesday)

  • IOTA (IOTA) token unlock: 15.16 million tokens, 0.39% of circulating supply, worth approx. $2.3M

  • Venom (VENOM) token unlock: 59.26 million tokens, 2.84% of circulating supply, worth approx. $10.04M

  • AltLayer (ALT) token unlock: 240 million tokens, 6.83% of circulating supply, worth approx. $6.7M

  • U.S. New Home Sales Annualized (May), previous: 743K

  • U.S. Weekly Crude Oil Inventory Change, previous: -11.473M barrels

 

June 26, 2025 (Thursday)

  • Undeads Games (UDS) token unlock: 2.15 million tokens, 2.13% of circulating supply, worth approx. $2.3M

  • Velo (VELO) token unlock: 182 million tokens, 2.47% of circulating supply, worth approx. $2.1M

  • U.S. Real GDP Annualized QoQ (Q1 Final), previous: -0.2%

  • U.S. Initial Jobless Claims, previous: 245K

  • Blast (BLAST) token unlock: 10.5 billion tokens, 34.98% of circulating supply, worth approx. $21.69M

 

June 27, 2025 (Friday)

  • U.S. Core PCE Price Index MoM (May), previous: 0.1%

  • U.S. Core PCE Price Index YoY (May), previous: 2.5%

  • Yield Guild Games (YGG) token unlock: 14.08 million tokens, 2.68% of circulating supply, worth approx. $1.9M

 

June 28, 2025 (Saturday)

  • SingularityNET (AGIX) token unlock: 7.15 million tokens, 2.38% of circulating supply, worth approx. $1.9M

  • Artificial Superintelligence Alliance (FET) token unlock: 3.1 million tokens, 0.12% of circulating supply, worth approx. $1.9M

  • Thailand to begin blocking access to five unlicensed cryptocurrency exchanges, including Bybit

 

 

KEY EVENTS TO WATCH THIS WEEK

 

Fed Chair Jerome Powell’s Testimony (June 24)

 

Federal Reserve Chair Jerome Powell is scheduled to deliver testimony before Congress on June 24, marking one of the most closely watched macro events of the week.

 

Markets will be paying close attention to his views on inflation, employment, and the monetary policy outlook—especially as recent data show signs of weakening and rate-cut expectations are rising.

 

If Powell maintains a hawkish stance and emphasizes the Fed’s commitment to curbing inflation, risk assets like Bitcoin may come under pressure. Conversely, any dovish signals could boost investor confidence and lift markets.

 

In the current uncertain policy environment, his remarks could serve as a key inflection point for asset price direction.

 

 

Blast (BLAST) Major Token Unlock (June 26)

 

On June 26, Blast (BLAST) will unlock approximately 10.5 billion tokens—accounting for 34.98% of its circulating supply—with an estimated value of over $21 million.

 

Such a large, one-time release could put significant short-term selling pressure on the market, especially if the project lacks strong lock-up mechanisms or clear token utility.

 

Anticipation of the unlock may also lead to preemptive selling by investors, adding to price volatility.

 

This event will be a major test of BLAST’s community strength and investor confidence, but if well-handled, it could also reflect positively on the project’s transparency and long-term planning.

 

 

 

Thailand to Block Unlicensed Crypto Exchanges (June 28)

 

Thailand’s Securities and Exchange Commission has announced it will block access to five unlicensed cryptocurrency exchanges—including Bybit—starting June 28, signaling a tougher regulatory stance.

 

The move could disrupt local crypto users, particularly retail investors relying on offshore platforms for trading and asset storage.

 

In the short term, this may hurt user activity and trading volume on affected platforms while pushing them toward regulatory compliance.

 

More broadly, the decision reflects a global trend toward stricter enforcement and licensing requirements, further narrowing the room for non-compliant players.

 

 

WEEKLY SUMMARY

 

This week, the crypto market faces a confluence of macroeconomic developments and industry-specific events. All eyes will be on Fed Chair Jerome Powell’s testimony before Congress, as investors look for clues on the future path of interest rates and monetary policy.

 

The testimony, along with key data releases such as the Core PCE Price Index and final Q1 GDP figures, could drive short-term volatility across risk assets.

 

On the regulatory front, two major Asian economies are taking notable steps. In South Korea, the central bank governor is scheduled to meet with top bank CEOs to discuss stablecoins—signaling growing institutional interest in crypto infrastructure.

 

Meanwhile, Thailand has announced it will block access to five unlicensed crypto exchanges, including Bybit, starting June 28, underscoring the region’s increasingly strict regulatory posture.

 

At the protocol level, a wave of significant token unlocks may introduce localized selling pressure. Notably, Blast (BLAST) is set to unlock 10.5 billion tokens—nearly 35% of its circulating supply—posing a key test of market confidence and tokenomics.

 

Other projects such as AltLayer, Venom, and YGG will also release large amounts of tokens, highlighting the need for investors to remain alert to near-term supply shifts.

 

In summary, a combination of policy guidance, economic signals, and token unlocks will create a highly event-driven week. Investors are advised to watch key catalysts closely, remain nimble, and look for structural opportunities amid heightened volatility.

〈Crypto Weekly Outlook (6/23–6/29)｜Macro Signals, Regulatory Shifts, and On-Chain Pressures Collide〉這篇文章最早發佈於《CoinRank》。