Crypto Market Watch: Key Events and Announcements for the Coming Week
October was another record-setting month for cryptocurrencies as Bitcoin (BTC) surpassed its previous all-time highs, and the overall crypto market topped the $2.6 trillion mark for the first time.
WLD Coin & SEI Token
The week starts with the WLD Open AI conference, a platform for discussions on the latest in artificial intelligence.
Additionally, on November 6th, SEI Token is set to showcase its innovative technology on demo day, potentially attracting interest from the crypto community.
NEAR, HFT, and GRT
On November 7th, the NEAR conference provides insights into the NEAR Protocol and its future developments. On the same day, High-Frequency Trading (HFT) experienced a substantial ~46% total supply unlock, equivalent to $42.7 million, which could influence market dynamics. Furthermore, a significant announcement from “The Graph (GRT)” is expected to capture the crypto community’s attention.
XRP Swell Conference, Binance Blockchain Week, and Powell’s Speech
Later on November 8th, Ripple’s XRP Swell conference is expected to bring discussions about the Ripple network and XRP’s role. Simultaneously, Binance hosts its Blockchain Week, which will likely introduce innovations and projects. On the same day, Federal Reserve Chairman Jerome Powell’s speech at 14:15 GMT could have implications for the broader financial market.
XRP Lawsuit Briefing
November 9th holds significant importance for investors as the crypto community eagerly awaits the XRP lawsuit briefing for any developments in the ongoing legal battle.
On November 12th, there’s a 2.48% total supply unlock for APT, which amounts to $171 million. This event may contribute to market volatility.
This week offers a variety of events and announcements that could impact the altcoin market. Investors and traders are keenly watching these events while exploring the possibilities of altcoins amid Bitcoin’s stability.