Following a disappointing October, the crypto market will be watching for signs whether November will prove more uplifting for bitcoin and other major cryptocurrencies.
Impetus may be provided by interest-rate decisions by several central banks. What’s missing from the line-up is the nonfarm payrolls report, which is due on the first Friday of the month but unlikely to be published this week because of government shutdown. Instead, investors will need to look at employment data and PMIs for a check on the world’s biggest economy.
Also coming up, earnings reports from a number of bitcoin mining companies and trading platform Robinhood Markets.
What to Watch
- Crypto
- Nov. 3, 1:30 p.m. UTC: Horizen (ZEN) hosts a Darkswap AMA to discuss key product updates and roadmap progress as Darkswap prepares for its mainnet launch.
- Nov. 4: IoTeX (IOTX) deploys Core v2.3.0 mainnet upgrade, introducing slashing for underperforming delegates and PublicKey Registration for scalable signature aggregation.
- Nov. 4, 12 p.m. UTC: THORChain (RUNE) activates mainnet upgrade v3.12.0, introducing enhanced swaps and support.
- Nov. 5, 11:30 a.m.: Jupiter (JUP) hosts an AMA focused on its Prediction Market DeFi product.
- Macro
- Nov. 3, 9 a.m.: Brazil Oct. Manufacturing PMI (Prev. 46.5).
- Nov. 3, 10:30 a.m.: Canada Oct. Manufacturing PMI Est. 48.2.
- Nov. 3, 10:45 a.m.: U.S. Oct. Manufacturing PMI Est. 52.2.
- Nov. 3, 11 a.m.: Mexico Oct. Manufacturing PMI (Prev. 49.6).
- Nov. 3, 11 a.m.: U.S. Oct. Manufacturing PMI Est. 49.2.
- Nov. 3, 2 p.m.: Federal Reserve Governor speaks on the Economic Outlook and Monetary Policy.
- Nov. 4, 6:35 a.m.: Federal Reserve Vice Chair speaks on Bank Supervision and Monetary Policy.
- Nov. 5, 9 a.m.: Brazil Oct. Services PMI (Prev. 46.3).
- Nov. 5, 9:15 a.m.: U.S. Oct. ADP Employment Change Est. 25K.
- Nov. 5, 10:30 a.m.: Canada Oct. Services PMI (Prev. 46.3).
- Nov. 5, 10:45 a.m.: U.S. Oct. Services PMI Est. 55.2.
- Nov. 5, 11 a.m.: U.S. Oct. Services PMI Est. 51.
- Nov. 5, 5:30 p.m.: Brazil central bank interest-rate decision. Est. 15%.
- Nov. 6, 8 a.m.: Bank of England interest-rate decision. Est. 4%.
- Nov. 6, 3 p.m.: Mexico central bank interest-rate decision.
- Nov. 6, 3:30 p.m.: Federal Reserve Governor speaks on Central Banking and the Future of Payments.
- Nov. 7, 7 a.m.: Federal Reserve Vice Chair speaks on AI and the Economy.
- Nov. 7, 8 a.m.: Brazil Sept. PPI YoY (Prev. 0.48%), MoM (Prev. -0.2%).
- Nov. 7, 8 a.m.: Mexico Oct. inflation rate. Headline YoY (Prev. 3.76%), MoM (Prev. 0.23%).
- Nov. 7, 9:30 a.m.: Canada Oct. unemployment rate Est. 7.2%.
- Nov. 7, 11 a.m.: Michigan Consumer Sentiment Nov. Est. 54.
- Earnings (Estimates)
- Nov. 3: Cipher Mining, pre-market, -$0.04.
- Nov. 4: Hut 8, pre-market, -$0.12.
- Nov. 4: Mara Holdings, post-market, $0.02.
- Nov. 4: Sequans Communications, pre-market, N/A.
- Nov. 5: Robinhood Markets, post-market, $0.54.
- Nov. 6: Block, post-market, $0.64.
- Nov. 6: Iren, post-market, $0.15.
Token Events
- Governance votes & calls
- ZKsync DAO is voting on a staking program, offering up to 10% APY. Voting ends Nov. 3.
- Ether.Fi DAO is voting to authorize its foundation to use up to $50 million for token buy-backs. Voting ends Nov. 3.
- Balancer DAO is voting on a major proposal to transition operations to a new legal entity. Voting ends Nov. 4.
- Decentraland DAO is voting on a proposal to fund an independent audit. Voting ends Nov. 5.
- CoW DAO is voting to authorize a sale of a stake in MEV Blocker. Voting ends Nov. 5.
- Ssv.network DAO is voting to sell SSV for USDC at a lower price tier to build reserves. Voting ends Nov. 5.
- Lido DAO is voting to cut its grants budget. Voting ends Nov. 7.
- Unlocks
- Nov. 10: LINEA to unlock a portion of its circulating supply.
- Token Launches
- Nov. 3: Monade (MON) airdrop claim period ends.
- Nov. 3: Kite (KITE) to be listed on various exchanges.
- Nov. 4: PayAI Network (PAYAI) token migration period starts.
- Nov. 5: Linea Exponent scheduled to begin.
Conferences
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