Economic Calendar 6.3-6.8: Federal Reserve Highlights, Token Unlocks, and SEC Moves

As June begins, the crypto market faces a series of activities. Here’s what to watch this week.

June 2 (Monday)

Community & Platform Events:

• Cetus Protocol hosted a Space to explain the recent exploit and provide updates on its recovery progress.

• YZi Labs launched its global offline incubation program EASY Residency to support early-stage Web3 builders.

• Kraken began repayment distributions to FTX creditors, with fund allocations for international customers starting June 2.

Token Unlock:

• 7:00 AM UTC: Ethena (ENA) unlocked ~40.63 million tokens (0.70% of circulating supply), worth ~$12.5 million.

Federal Reserve Engagements:

• 4:45 PM UTC: Chicago Fed President Austan Goolsbee (FOMC voter) participates in a Q&A session.

• 5:00 PM UTC: Fed Chair Jerome Powell delivers opening remarks at a key policy event.

June 3 (Tuesday)

Geopolitical Watch:

• South Korea’s Presidential Election takes place. With over 16 million crypto holders, their influence could shape key electoral outcomes.

Regulatory Update:

• The U.S. SEC postponed its decision on WisdomTree and VanEck’s spot Bitcoin and Ethereum ETF redemption requests to June 3.

Federal Reserve Engagements:

• 4:45 PM UTC: Goolsbee engages in a second Q&A session.

Token Unlock:

• 7:00 PM UTC: EigenLayer (EIGEN) unlocks ~1.29M tokens (0.42% of supply), ~$1.7M.

June 4 (Wednesday)

U.S. Legislative Hearing:

• U.S. House Financial Services Committee holds a second full hearing on crypto market structure and stablecoin legislation.

Federal Reserve Engagements:

• 12:30 PM UTC: Fed’s Bostic and Lisa Cook participate in a Fed Listens public event.

• 6:00 PM UTC: Release of the Beige Book, offering economic insights across Federal Reserve districts.

Token Unlocks:

• 12:00 AM UTC:

  • Cetus Protocol (CETUS) unlocks ~8.33M tokens (1.15% of supply), ~$1.1M.

  • IOTA (IOTA) unlocks ~8.63M tokens (0.23% of supply), ~$1.6M.

June 5 (Thursday)

Token Unlock:

• 12:00 PM UTC: Taiko (TAIKO) unlocks ~81.55M tokens (69.37% of supply), ~$46.9M.

Federal Reserve Engagements:

• 4:00 PM UTC: Fed Governor Adriana Kugler speaks at the New York Economic Club.

• 5:30 PM UTC: Philadelphia Fed President Patrick Harker discusses economic prospects.

June 6 (Friday)

Regulatory Roundtable:

• The SEC Crypto Working Group hosts an open roundtable titled “DeFi and the American Spirit.”

TGE Launch:

• Fly (formerly Magpie Protocol) conducts its official FLY token generation event (TGE).

Federal Reserve Engagements:

Token Unlock:

• 12:00 AM UTC: Spectral (SPEC) unlocks ~3.62M tokens (17.57% of supply), ~$3.7M.

June 7 (Saturday)

Token Unlock:

• 12:00 AM UTC: Neon (NEON) unlocks ~53.91M tokens (22.51% of supply), ~$6.1M.

Token Unlocks Summary