Ethereum’s Fusaka Testing and Continued U.S. Government Shutdown: Crypto Week Ahead

The coming week in crypto will bring a positive development in the case of Ethereum’s Fusaka upgrade being applied to the Sepolia testnet.

However, concerns remain over the crypto market in general as the U.S. government continues its shutdown, which has halted several crypto ETF applications in their tracks.

The crypto market sold off on Friday and the new week will serve as a barometer as to whether bitcoin can claw its way back to record highs, or whether it will enter a seemingly never-ending range between $110,000 and $125,000.

What to Watch

• Crypto
  • Oct. 13: CME Group aiming to launch options on SOL and XRP, subject to regulatory approval.
  • Oct. 14, 3:36 a.m.: Ethereum’s Fusaka hard fork upgrade is expected to be applied to the Sepolia testnet.
  • Oct. 14, 12 p.m.: The dYdX Foundation is hosting its October 2025 Analyst Call on YouTube.
  • Oct. 14, 8 a.m.: Swellchain (SWELL) undergoes Optimism Superchain U16A upgrade; pending withdrawals to Ethereum L1 temporarily invalidated.
  • Oct. 15: BNB Chain Wallet browser extension to be discontinued; users advised to back up keys and migrate wallets.
  • Oct. 16, 10 a.m.: Lido Poolside Community Call #2. Watch live on YouTube, X, and LinkedIn.
  • Oct. 16: OpenxAI (OPENX), a permissionless AI protocol built on the Base blockchain, launches the public version of its mini app builder, enabling anyone to create decentralized AI apps with real-time data feeds.
  • Oct. 17: SynFutures (F), a perpetual swaps DEX powered by Base, hosts an AMA event on X.
• Macro
  • Oct. 15, 8 a.m.: Brazil Aug. Retail Sales YoY (Prev. 1%), MoM (Prev. -0.3%).
  • Oct. 15, 8:30 a.m.: U.S. Sept. Inflation Rate. Headline YoY (Prev. 2.9%), MoM Est. 0.3%. Core YoY (Prev. 3.1%), MoM Est. 0.3%. (Report likely to be delayed due to current federal government shutdown)
  • Oct. 15, 11 a.m.: Colombia Aug. Retail Sales YoY (Prev. 17.9%).
  • Oct. 16, 8:30 a.m.: U.S. Sept. PPI. Headline YoY (Prev. 2.6%), MoM Est. 0.3%. Core YoY (Prev. 2.8%), MoM (Prev. -0.1%). (Report likely to be delayed due to current federal government shutdown)
  • Oct. 16, 8:30 a.m.: U.S. Sept. Retail Sales YoY (Prev. 5%), MoM Est. 0.4%.
  • Oct. 17, 5 a.m.: Eurozone Sept. (Final) Inflation Rate. Headline YoY Est. 2.2%, MoM Est. 0.1%. Core YoY Est. 2.3%.
• Earnings (Estimates based on FactSet data)
  • Nothing scheduled.

Token Events

• Governance votes & calls
  • Superfluid DAO is voting on a proposal to upgrade contracts for wrapper superTokens like ETHx and USDCx so the DAO can invest their underlying assets and generate yield income for its treasury. Voting ends Oct. 13.
  • ENS DAO is voting on a proposal to establish reverse records for its core contracts to improve identification, usability, and demonstrate best practices by fully using the ENS protocol. Voting ends Oct. 13.
  • The Sandbox DAO is voting to enable estate sales by letting LAND owners bundle and sell multiple parcels via the GBM x Sandbox marketplace. Voting ends Oct. 15.
  • GnosisDAO is voting on creating Seldon Inc and a Gnosis VPN Committee to manage and scale the Gnosis VPN project built on the HOPR mixnet. The new DAO-owned entity would handle operations, compliance, and growth. Voting ends Oct. 16.
  • Arbitrum DAO is voting on a proposal to base quorum on Delegated Voting Power (DVP) to resolve governance quorum issues. Voting ends Oct. 18.
• Unlocks
  • Oct. 15: STRK$0.1007 to unlock 5.64% of its circulating supply worth $21.44 million.
  • Oct. 15: SEI$0.2337 to unlock 1.15% of its circulating supply worth $15.77 million.
  • Oct. 16: ARB$0.3415 to unlock 1.99% of its circulating supply worth $39.24 million.
  • Oct. 18: FTN$1.8155 to unlock 2.04% of its circulating supply worth $40 million.
• Token Launches
  • Oct. 14: SANDchain, a zk-powered Ethereum layer-2, launches.
  • Oct. 15: ZBCN$0.004306 to be listed on Kraken.
  • Oct. 17: Aster (ASTER) airdrop token claiming period ends.

Conferences

• Oct. 13-15: Digital Asset Summit 2025 (London)
• Oct. 14: The Future of Finance Tokenisation Event 2025 (London)
• Oct. 14-17: DC Fintech Week 2025 (Washington)
• Oct. 15: Bitcoin 2140 Forum (Dubai, United Arab Emirates)
• Oct. 15: FinTech & Banking Unconference Mexico 2025 (Mexico City)
• Oct. 15-16: The Aptos Experience (New York)
• Oct. 16: RegTech Summit London
• Oct. 16-17: European Blockchain Convention (Barcelona)
• Oct. 16-18: The Canadian Bitcoin Conference (Montréal, Québec)
• Oct. 17: Chain Culture 2025 (Kuala Lumpur, Malaysia)
• Oct. 18-19: BTC Balkans 2025 (Sofia, Bulgaria)
• Oct. 18-22: ETHShanghai 2025 (Shanghai, China)