Miners, Robinhood Earnings and Interest Rate Decisions: Crypto Week Ahead

After a disappointing October, the crypto market will be watching for signs of whether November will prove more uplifting for bitcoin BTC$107,870.97 and other major cryptocurrencies.

Impulses can be created by interest rate decisions from the Bank of England, the Central Bank of Brazil and the Bank of Mexico. Missing from the lineup is the US non-farm payrolls report, which is due on the first Friday of the month but is unlikely to be released this week due to the US government shutdown. Instead, investors will have to look to ADP employment data and ISM PMIs to check the world’s largest economy.

There will also be earnings reports from a number of bitcoin mining companies and trading platform Robinhood Markets (HOOD).

What to see

• Crypto
  • Nov. 3 at 13:30 UTC: Horizen (ZEN) hosts a Darkswap AMA on X 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 that introduces slashing for underperforming delegates and BLS PublicKey Registration for scalable signature aggregation to improve network reliability and scalability.
  • Nov 4 at 12 UTC: THORChain (RUNE) activates mainnet upgrade v3.12.0 introducing improved swaps, improved performance and Solana client support.
  • Nov 5 at 11:30 AM: Jupiter (JUP) hosts an AMA at X Spaces focusing on their Prediction Market DeFi product.
• Macro
  • Nov. 3 at 9: S&P Global Brazil, Oct. Manufacturing PMI (previously 46.5).
  • Nov. 3 at 10:30 a.m.: S&P Global Canada, Oct. Manufacturing PMI Est. 48.2.
  • Nov. 3 at 10:45 AM: S&P Global US October (Final) Manufacturing PMI Est. 52.2.
  • Nov. 3 at 11: S&P Global Mexico, Oct. Manufacturing PMI (previously 49.6).
  • Nov. 3, at 11am: US ISM October. Manufacturing PMI Est. 49.2.
  • 3 November at 14: Federal Reserve Governor Lisa D. Cook delivers a speech on “The Economic Outlook and Monetary Policy.” Watch live.
  • November 4, 6:35 a.m.: Federal Reserve Vice Chair for Supervision Michelle W. Bowman delivers a speech on “Bank Supervision and Monetary Policy.” Watch live.
  • November 5, at 9: S&P Global Brazil, October Services PMI (previous 46.3).
  • Nov 5 at 9:15 AM: US ADP employment change in Oct. 25K.
  • Nov 5 at 10.30am: S&P Global Canada October Services PMI (previously 46.3).
  • Nov 5 at 10:45 AM: S&P Global US October (Final) Services PMI Est. 55.2.
  • 5 November at 11:00 AM: US ISM October Services PMI Est. 51.
  • November 5, 5:30 p.m.: Brazil’s central bank’s interest rate decision. Est. 15%.
  • 6 November at 8: Bank of England interest rate decision. Est. 4%.
  • 6 November at 15: Central Bank of Mexico interest rate decision. Benchmark interest rate (previously 7.5%).
  • 6 November at 3:30 p.m.: Federal Reserve Governor Christopher J. Waller delivers a speech on “Central Banking and the Future of Payments.” Watch live
  • 7 November at 7: Federal Reserve Vice Chairman Philip N. Jefferson delivers a speech on “AI and the Economy.” Watch live.
  • Nov 7 at 8: Brazil Sep PPI YoY (Prev 0.48%), MoM (Prev -0.2%).
  • Nov 7 at 8: Mexico October inflation. Headline YoY (Prev 3.76%), MoM (Prev 0.23%). Core y/y (previously 4.28%), MoM (previously 0.33%).
  • Nov 7 at 9:30 am: Unemployment rate in Canada Oct. Est. 7.2%.
  • 7 November at 11: Michigan Consumer Sentiment Nov. (Provisional) Est. 54.
• Earnings (Estimated based on FactSet data)
  • November 3: Cipher Mining (CIFR), pre-market, -$0.04.
  • November 4: Hut 8 (HUT), pre-market, -$0.12.
  • November 4: Mara Holdings (MARA), after market, $0.02.
  • November 4: Sequans Communications (SQNS), pre-market, N/A.
  • November 5: Robinhood Markets (HOOD), post-market, $0.54.
  • November 6: Block (XYZ), post-market, $0.64.
  • November 6: Iren (IREN), post-market, $0.15.

Token Events

• Governance votes and calls
  • The ZKsync DAO is voting on a six-month, 37.5 million ZK pilot staking program that offers up to 10% APY for delegation to active voters. Voting ends November 3.
  • The Ether.Fi DAO votes to authorize its foundation to use up to $50 million from the treasury for ETHFI token buybacks, which can only be exercised while the token price is below $3.00. Voting ends November 3.
  • Balancer DAO votes on a major proposal to transfer on-chain operations to a new legal entity (BIP-882), along with proposals to improve emergency security (BIP-883), activate the BAL token on the Plasma chain (BIP-884), update treasury permissions (BIP-885), and add a new arbitrum meter (B-arbitrum-886). Voting on all of these ends November 4th.
  • Decentraland DAO votes on a $10,000 proposal to fund an independent audit of Regenesis Labs by community member “Maryana”, following concerns about fund usage. Voting ends November 5.
  • The CoW DAO votes to approve its foundation to sell the DAO’s 50% stake in MEV Blocker, allowing the core team to focus on core products and direct all sale proceeds to the treasury. Voting ends November 5.
  • Ssv.network DAO votes to sell SSV to USDC at a lower price level ($11-$20) to build reserves. Voting ends November 5.
  • The Lido DAO votes to reduce its LEGO grant budget to $250,000 and transfer its contributor TRP to the Lido Labs Foundation, which will redistribute the remaining 6.99 million LDO under new two-year vesting terms. Voting ends November 7
• Unlocks
  • 10 Nov LINE$0.01312 to unlock 18.44% of its circulating supply worth $40.67 million.
• The token is launched
  • November 3rd: Monade MON) Airdrop claim period ends.
  • November 3: Kite (KITE) to list on Binance, Bitrue, MEXC and others.
  • Nov 4: PayAI Network (PAYAI) token migration period starts.
  • November 5: Linea Exponent schedule begins.

Conferences