U.S. inflation, corporate earnings: Crypto Week Ahead

By CoinDesk

U.S. inflation data sets the tone this week as October’s consumer price index is due Tuesday, a month after a gasoline-driven 0.6% monthly jump took annual inflation to 3.7%, its highest since May.

Economists expect a smaller 0.2% rise in October, according to FactSet estimates. Producer prices follow on Friday after climbing 6.3% from a year earlier in September, the biggest annual gain in more than three years.

Hotter readings would strengthen the case for higher interest rates, which make risk assets like cryptocurrencies less attractive. Several crypto firms are also reporting earnings this week, providing further insights into the market.

What to Watch

(All times ET)

  • Crypto
    • Nov. 9: Kinetiq to launch the mainnet of Elysium, a general-purpose layer-2 network for the Hyperliquid ecosystem.
    • Nov. 12: The European Banking Authority takes over supervision of USDC’s own funds, reserve assets, liquidity, and recovery and redemption plans.
    • Nov. 12, noon: Open Standard to host an OUSD payments demonstration and livestream from San Francisco.
  • Macro
    • Nov. 10, 8:30 a.m.: U.S. Consumer Price Index MoM for October est. 0.2% (Prev. 0.6%); YoY (Prev. 3.7%); Core MoM (Prev. 0.3%); Core YoY (Prev. 2.6%).
    • Nov. 10, 3:30 p.m. and 6:30 p.m.: Fed Vice Chair for Supervision Michelle Bowman speaks on the economic outlook.
    • Nov. 11: Veterans Day. U.S. bond markets are closed on SIFMA’s recommendation; stock markets stay open.
    • Nov. 12, 2 a.m.: U.K. GDP QoQ for Q3, first estimate (Prev. 0.5%); GDP MoM for September (Prev. 0.1%).
    • Nov. 12, 8:30 a.m.: U.S. Initial Jobless Claims for the week ended Nov. 7 (Prev. 189K).
    • Nov. 13, 5 a.m.: Eurozone GDP QoQ for Q3, flash estimate (Prelim. 0.4%); GDP YoY (Prelim. 1.3%); employment flash.
    • Nov. 13, 8:30 a.m.: U.S. Producer Price Index MoM for October (Prev. 1.3%); YoY (Prev. 6.3%).
    • Nov. 15, 6:50 p.m.: Japan GDP Annualized QoQ for Q3, preliminary est. 0.3% (Prev. 1.4%).
  • Earnings
    • Nov. 9: MARA Holdings (MARA), post-market, -$0.09
    • Nov. 9: Exodus Movement (EXOD), post-market, -$0.21
    • Nov. 9: Sharplink (SBET), pre-market, -$0.01
    • Nov. 9: Trump Media & Technology Group (DJT), post-market
    • Nov. 9: Bitgo Holdings (BTGO), post-market, -$0.04
    • Nov. 9: HIVE Digital Technologies (HIVE), post-market, -$0.11
    • Nov. 10: CoreWeave (CRWV), post-market, -$1.53
    • Nov. 10: Bitdeer Technologies (BTDR), pre-market, -$0.33
    • Nov. 10: eToro Group (ETOR), pre-market, $0.28
    • Nov. 11: DeFi Development (DFDV), pre-market, -$0.17
    • Nov. 12: Figure Technology Solutions (FIGR), pre-market, $0.31
    • Nov. 12: Gemini Space Station (GEMI), post-market, -$0.68

Token Events

  • Governance Votes and Calls
    • Aave DAO is voting off-chain on adding native BTC as collateral on Aave V4 through Babylon’s bitcoin vaults. Voting ends Nov. 9.
    • Optimism is holding a second ratification vote on Security Council appointments after the first failed to reach quorum. The elected council lead would nominate members, who would be seated unless holders of 20% of votable OP supply veto them. Voting ends Nov. 11.
    • CoW DAO is voting on a $10.45 million 2027 budget for development and related services, and on raising its legal-structure budget to $500,000 while moving responsibility for existing COW buybacks to the Foundation. Both votes end Nov. 11.
    • SSV Network is voting to extend SSV Labs’ stewardship of the network through June 2027, funded by 1.5 million USDC for 2026 and 2.7 million SSV for the first half of 2027, with an option to take 900,000 USDC instead of 1.7 million of those SSV. Voting ends Nov. 11.
    • Arbitrum DAO is voting to move 1,800 ETH from its treasury, about 1,714 ETH to treasury strategies and 86 ETH to the Arbitrum Developer Guild, and to adjust transaction-cost parameters on Arbitrum One and Nova for Ethereum’s Glamsterdam upgrade. Both votes end Nov. 12.
    • Arbitrum DAO is also voting on adopting USDG in a proposal that includes adding 100 million ARB to its DRIP incentive program. Voting ends Nov. 13.
    • Cardano’s Strategic Copper Reserve proposal, which requests 22 million ADA from the treasury to buy COMEX Grade 1 copper and tokenize it as CuTT, expires Nov. 15 if not ratified.
  • Unlocks
    • Nov. 10: Solayer (LAYER) to unlock 12.87% of its circulating supply worth $1.45 million.
    • Nov. 11: Pump.fun (PUMP) to unlock 1.50% of its circulating supply worth $27.13 million.
  • Token launches
    • Nov. 10, noon: Slop Cash’s SLOP token auction on Umia closes.

Conferences

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