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

Following a disappointing October, the crypto market will be watching for signs whether November will prove more uplifting for bitcoin BTC$107,635.19 and other major cryptocurrencies.

Impetus may be provided by interest-rate decisions by the Bank of England, Central Bank of Brazil and Bank of Mexico. What’s missing from the line-up is the U.S. nonfarm payrolls report, which is due on the first Friday of the month but unlikely to be published this week because of the U.S. government shutdown. Instead, investors will need to look at ADP employment data and ISM 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 (HOOD).

What to Watch

• Crypto
  • Nov. 3, 1:30 p.m. 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, introducing slashing for underperforming delegates and BLS PublicKey Registration for scalable signature aggregation to enhance network reliability and scalability.
  • Nov. 4, 12 p.m. UTC: THORChain (RUNE) activates mainnet upgrade v3.12.0, introducing enhanced swaps, improved performance, and Solana client support.
  • Nov. 5, 11:30 a.m.: Jupiter (JUP) hosts an AMA on X Spaces focused on its Prediction Market DeFi product.
• Macro
  • Nov. 3, 9 a.m.: S&P Global Brazil Oct. Manufacturing PMI (Prev. 46.5).
  • Nov. 3, 10:30 a.m.: S&P Global Canada Oct. Manufacturing PMI Est. 48.2.
  • Nov. 3, 10:45 a.m.: S&P Global U.S. Oct. (final) Manufacturing PMI Est. 52.2.
  • Nov. 3, 11 a.m.: S&P Global Mexico Oct. Manufacturing PMI (Prev. 49.6).
  • Nov. 3, 11 a.m.: U.S. ISM Oct. Manufacturing PMI Est. 49.2.
  • Nov. 3, 2 p.m.: Federal Reserve Governor Lisa D. Cook is giving a speech on “The Economic Outlook and Monetary Policy.” Watch live.
  • Nov. 4, 6:35 a.m.: Federal Reserve Vice Chair for Supervision Michelle W. Bowman is giving a speech on “Bank Supervision and Monetary Policy.” Watch live.
  • Nov. 5, 9 a.m.: S&P Global 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.: S&P Global Canada Oct. Services PMI (Prev. 46.3).
  • Nov. 5, 10:45 a.m.: S&P Global U.S. Oct. (Final) Services PMI Est. 55.2.
  • Nov. 5, 11 a.m.: U.S. ISM 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. Benchmark rate (Prev. 7.5%).
  • Nov. 6, 3:30 p.m.: Federal Reserve Governor Christopher J. Waller is giving a speech on “Central Banking and the Future of Payments.” Watch live
  • Nov. 7, 7 a.m.: Federal Reserve Vice Chair Philip N. Jefferson is giving a speech on “AI and the Economy.” Watch live.
  • 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%). Core YoY (Prev. 4.28%), MoM (Prev. 0.33%).
  • Nov. 7, 9:30 a.m.: Canada Oct. unemployment rate Est. 7.2%.
  • Nov. 7, 11 a.m.: Michigan Consumer Sentiment Nov. (Preliminary) Est. 54.
• Earnings (Estimates based on FactSet data)
  • Nov. 3: Cipher Mining (CIFR), pre-market, -$0.04.
  • Nov. 4: Hut 8 (HUT), pre-market, -$0.12.
  • Nov. 4: Mara Holdings (MARA), post-market, $0.02.
  • Nov. 4: Sequans Communications (SQNS), pre-market, N/A.
  • Nov. 5: Robinhood Markets (HOOD), post-market, $0.54.
  • Nov. 6: Block (XYZ), post-market, $0.64.
  • Nov. 6: Iren (IREN), post-market, $0.15.

Token Events

• Governance votes & calls
  • ZKsync DAO is voting on a six-month, 37.5 million ZK pilot staking program, offering up to 10% APY for delegating to active voters. Voting ends Nov. 3.
  • Ether.Fi DAO is voting to authorize its foundation to use up to $50 million from the treasury for ETHFI token buy-backs, exercisable only while the token price is below $3.00. Voting ends Nov. 3.
  • Balancer DAO is voting on a major proposal to transition on-chain operations to a new legal entity (BIP-882), alongside proposals to improve emergency security (BIP-883), enable the BAL token on Plasma chain (BIP-884), update treasury permissions (BIP-885), and add a new Arbitrum gauge (BIP-886). Voting for all of these ends Nov. 4.
  • Decentraland DAO is voting on a $10,000 proposal to fund an independent audit of Regenesis Labs by community member “Maryana,” following concerns over fund usage. Voting ends Nov. 5.
  • CoW DAO is voting to authorize its foundation to sell the DAO’s 50% stake in MEV Blocker, allowing the core team to focus on core products and directing all sale proceeds to the treasury. Voting ends Nov. 5.
  • Ssv.network DAO is voting to sell SSV for USDC at a lower price tier ($11-$20) to build reserves. Voting ends Nov. 5.
  • Lido DAO is voting to cut its LEGO grants budget to $250,000 and transfer its contributor TRP to the Lido Labs Foundation, which will reallocate the remaining 6.99 million LDO under new two-year vesting terms. Voting ends Nov. 7
• Unlocks
  • Nov. 10 LINEA$0.01312 to unlock 18.44% of its circulating supply worth $40.67 million.
• Token Launches
  • Nov. 3: Monade MON) airdrop claim period ends.
  • Nov. 3: Kite (KITE) to be listed on Binance, Bitrue, MEXC, and others.
  • Nov. 4: PayAI Network (PAYAI) token migration period starts.
  • Nov. 5: Linea Exponent schedule to begin.

Conferences