Markets brace for critical events as Labor Day closures loom
Key events are set to unfold in the cryptocurrency and financial markets next week. In the US, stock markets will be closed on Monday due to Labor Day, while gold, silver, and oil trading will end early. This comes as Anthropic plans to publicly disclose its prospectus after September 7.
On September 8, a hearing is scheduled in the Noah Doe case over ownership of Satoshi's dormant coins. Michael Saylor, founder of Strategy, aims to bring STRC back to par value within 70 trading days, around September 8. Ondo Finance will cease minting USDY on certain networks starting September 8.
Notably, Coinbase and Deribit plan a merger on September 9, integrating spot, perpetuals, options, and futures into one trading system. The European Central Bank is set to announce its rate decision on September 10, while Apple will hold a new iPhone launch event at 1:00 AM.
On the same day, US data for August CPI will be released, which is expected to have significant implications for interest rates and market trends. The CME Group will also launch 24-hour silver trading on September 11.