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

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

The boost may come from interest rate decisions by the Bank of England, the Central Bank of Brazil and the Bank of Mexico. What’s missing from the list is the US nonfarm payrolls report, which is due out on the first Friday of the month but is unlikely to be released this week due to the US government shutdown. Instead, investors will need to look at ADP employment data and ISM PMIs to keep an eye on the world’s largest economy.

Earnings reports from several bitcoin mining companies and trading platform Robinhood Markets (HOOD) are also coming soon.

What to watch

• Crypto
  • November 3, 1:30 pm UTC: Horizen (ZEN) hosts a Darkswap AMA on X to discuss key product updates and roadmap progress as Darkswap prepares for its mainnet launch.
  • November 4: IoTeX (IOTX) deploys the Core v2.3.0 core network update, introducing cuts to low-performing delegates and BLS public key logging for scalable signature aggregation to improve network reliability and scalability.
  • November 4, 12 pm UTC: THORChain (RUNE) activates the v3.12.0 mainnet update, introducing improved exchanges, improved performance, and Solana customer support.
  • November 5, 11:30 am: Jupiter (JUP) hosts an AMA at X Spaces focused on its Prediction Market DeFi product.
• Macro
  • Nov 3, 9am: S&P Global Brazil October Manufacturing PMI (previously 46.5).
  • Nov 3, 10:30 am: S&P Global Canada October Manufacturing PMI Est. 48.2.
  • Nov 3, 10:45 am: S&P Global US October (final) Est. Manufacturing PMI. 52.2.
  • November 3, 11 am: S&P Global Mexico October Manufacturing PMI (previous 49.6).
  • Nov 3, 11am: Estimated US ISM Manufacturing PMI for October. 49.2.
  • Nov. 3, 2 p.m.: Federal Reserve Governor Lisa D. Cook will give a speech on “Economic Outlook and Monetary Policy.” Watch live.
  • November 4, 6:35 am: Federal Reserve Vice Chair for Supervision Michelle W. Bowman will give a speech on “Banking Supervision and Monetary Policy.” Watch live.
  • Nov 5, 9am: S&P Global Brazil October Services PMI (previous 46.3).
  • Nov 5, 9:15am: Estimated change in US October ADP employment 25K.
  • Nov 5, 10:30 am: S&P Global Canada October Services PMI (previous 46.3).
  • Nov 5, 10:45 am: S&P Global US Services PMI (final) for October Est. 55.2.
  • Nov 5, 11am: US ISM Services PMI October Est. 51.
  • November 5, 5:30 pm: Decision on interest rates from Brazil’s central bank. Est. 15%.
  • November 6, 8am: Bank of England interest rate decision. Est. 4%.
  • November 6, 3 pm: decision on interest rates from the central bank of Mexico. Reference rate (previously 7.5%).
  • November 6, 3:30 pm: Federal Reserve Governor Christopher J. Waller will give a speech on “Central Banking and the Future of Payments.” See live
  • Nov. 7, 7 a.m.: Federal Reserve Vice Chairman Philip N. Jefferson will give a speech on “AI and the Economy.” Watch live.
  • November 7, 8 am: Brazil September PPI YoY (previously 0.48%), MoM (previously -0.2%).
  • November 7, 8 am: October inflation rate in Mexico. Title year-on-year (previous 3.76%), month-on-month (previous 0.23%). Core year-on-year (previous 4.28%), month-on-month (previous 0.33%).
  • November 7, 9:30 am: Canada October Unemployment Rate Est. 7.2%.
  • Nov. 7, 11 a.m.: Michigan Consumer Sentiment Estimate for November (preliminary). 54.
• Earnings (estimates based on FactSet data)
  • Nov 3: Cipher Mining (CIFR), pre-market, -$0.04.
  • Nov. 4: Cabin 8 (HUT), premarket, -$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.

symbolic events

• Governance votes and calls
  • ZKsync DAO is voting on a six-month ZK37.5 million staking pilot program, offering up to 10% APY to stake to active voters. Voting ends on November 3.
  • Ether.Fi DAO is voting to authorize its foundation to use up to $50 million from the treasury for buybacks of ETHFI tokens, exercisable only as long as the token price is below $3. Voting ends on November 3.
  • Balancer DAO is voting on a major proposal to transition on-chain operations to a new legal entity (BIP-882), along with proposals to improve emergency security (BIP-883), enable the BAL token on the Plasma chain (BIP-884), update treasury permissions (BIP-885), and add a new Arbitrum indicator (BIP-886). Voting for all of these ends on November 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 the use of the funds. Voting ends on November 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 direct all proceeds from the sale to the treasury. Voting ends on November 5.
  • Ssv.network DAO is voting to sell SSV for USDC at a lower price level ($11-$20) to generate reserves. Voting ends on November 5.
  • Lido DAO is voting to cut its LEGO grant budget to $250,000 and transfer its TRP contributor to the Lido Labs Foundation, which will reallocate the remaining $6.99 million LDO under new two-year vesting terms. Voting ends November 7
• Unlock
  • November 10 LINE$0.01312 to unlock 18.44% of its circulating supply worth $40.67 million.
• Token releases
  • November 3: Monade MON airdrop claim period ends.
  • November 3: Kite (KITE) will list on Binance, Bitrue, MEXC and others.
  • November 4 – PayAI Network (PAYAI) token migration period begins.
  • November 5: Linea Exponent schedule begins.

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