Must-watch next week | Trump meets Biden for the first time after winning the election; October CPI data will be released soon (11.11-11.17)

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ODAILY
11-10
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Highlights for Next Week

November 12

Ethereum Devcon 7 will be held in Bangkok from November 12 to 15;

November 13

Biden and Trump will meet at the White House on the 13th;

The US will release the October CPI data on November 13;

The former Celsius CEO will return to court for trial on November 13;

November 15

The Hong Kong Stock Exchange will launch a virtual asset index series;

Fed Dynamics

  • Tuesday 23:00, Fed Governor Waller will deliver a speech at a banking conference;

  • Tuesday 23:15, 2024 FOMC voter, Richmond Fed President Barkin will give a speech;

  • Wednesday 03:00, Minneapolis Fed President Kashkari will participate in a Yahoo finance conference titled "New Challenges, New Opportunities";

  • Wednesday 06:00, Philadelphia Fed President Harker will give a speech on fintech and AI;

  • Wednesday 06:30, 2024 FOMC voter, Richmond Fed President Barkin will give a speech;

  • Wednesday 22:35, Dallas Fed President Logan will give an opening speech at a conference on energy and the economy;

  • Thursday 01:30, 2025 FOMC voter, St. Louis Fed President Mester will give a speech;

  • Thursday 02:30, 2025 FOMC voter, Kansas City Fed President George will give a speech;

  • Thursday 20:00, Fed Governor Kocherlakota will give a speech;

  • Thursday 22:00, 2024 FOMC voter, Richmond Fed President Barkin will give a speech;

  • Friday 04:00, Fed Chair Powell is invited to a dialogue titled "A Global Perspective";

  • Friday 05:15, FOMC permanent voter, New York Fed President Williams will give a speech.

Details of Next Week's Preview

November 11

Binance plans to adjust the calculation method of the delivery settlement price of delivery contracts on November 11

Odaily News Report According to the official announcement, Binance will adjust the calculation method of the delivery settlement price of delivery contracts on November 11, 2024 at 16:00 (UTC+8). The delivery contract settlement price will use the average value of the price index per second in the last 30 minutes (15:30 to 16:00 UTC+8) before delivery, a total of 1,800 price indices.

Current contract settlement price calculation: The delivery contract settlement price will be calculated based on the average value of the price index per second in the last hour (15:00 to 16:00 UTC+8) before delivery, a total of 3,600 price indices.

New contract settlement price calculation: The new delivery contract settlement price will be calculated based on the average value of the price index per second in the last 30 minutes (15:30 to 16:00 UTC+8) before delivery, a total of 1,800 price indices.

The 0G Foundation will launch the AI Alignment Node Sale on November 11, planning to allocate 15% of tokens to node operators

Odaily News Report The 0G Foundation announced that it will launch the node sale on November 11. This node sale is divided into 2 phases: the whitelist node sale will start at 20:00 (UTC+8) on November 11, 2024 and will be open for two days, only whitelist users can purchase; the public node sale will start at 20:00 (UTC+8) on November 13, 2024, and all users can purchase. The nodes are divided into 32 levels, and the starting price of this node sale is 0.05 ETH.

It is understood that node operators will receive 15% of the total supply of 0G ecosystem tokens over the next three years, and subsequently by operating the AI alignment nodes, participants will help ensure the correct behavior of data storage, DA and model service nodes, and maintain the integrity of the 0G network data and AI system.

Ronin: The second closed Beta test of the blockchain game Lumiterra is expected to start on November 11

Odaily News Report According to official information, Ronin said that the second closed Beta test of the blockchain game Lumiterra is expected to start on November 11 and is planned to last about 3 weeks. Any user with Lumiterra whitelist access can participate.

November 12

Ethereum Devcon 7 will be held in Bangkok from November 12 to 15

Odaily News Report According to official information, Ethereum Devcon 7 will be held in Bangkok from November 12 to 15.

The Devcon team added that the team hopes to make Devcon 7 a more inclusive and regional event, and to reflect this vision, the team will call this event "Devcon Southeast Asia" without mentioning the host city name.

Binance will launch SOLUSDT options on November 12

Odaily News Report According to the official announcement, Binance will launch SOLUSDT daily and weekly options at 16:00 (UTC+8) on November 12, 2024. Please note that SOLUSDT daily and weekly options are European-style option contracts. Please refer to the Binance options contract specifications for details.

The DePIN L1 protocol Peaq will be launched on November 12

Odaily News Report The DePIN L1 protocol Peaq announced that it will be launched on November 12.

Previously in May, Peaq completed a $20 million fundraising through CoinList, with more than 14,500 community members contributing over $36 million in funding.

November 13

Biden and Trump will meet at the White House on the 13th

Odaily News Report The White House issued a statement on the 9th, stating that at the invitation of President Biden, Trump, the winner of the 2024 presidential election, will meet with Biden at the White House at 11:00 Eastern Time (00:00 Beijing time) on Thursday, the 13th. No further details have been released. (Gold Ten)

The US will release the October CPI data on November 13

Odaily News Report Beijing time next Wednesday 21:30, the US October CPI data will be released, which will also have a major impact on the market's rate cut expectations.

The former Celsius CEO will return to court for trial on November 13

Odaily News Report Former Celsius CEO Alex Mashinsky will return to court for trial on November 13 to argue his motion to dismiss fraud and market manipulation charges. Mashinsky was arrested in July 2023 and faces seven felony charges related to manipulating the price of the Celsius token CEL.

The first governance proposal of ZKsync, ZKsync Ignite, has opened voting and will end on November 13

Odaily News Report ZK Nation posted an announcement on the X platform, stating that the first governance proposal of ZKsync, ZKsync Ignite, has opened voting and will end on November 13. The current proposal has a support rate of 98.9%, with Tevaera casting 24% of the affirmative votes.

The proposal plans to distribute 32.5 million ZK tokens within 9 months to establish a DeFi liquidity center for the ZK Sync elastic chain, of which 30 million will be allocated to users.

November 14

None

November 15

HKEX to launch virtual asset index series

Odaily Planet Daily Report HKEX announced today that it will launch the Hong Kong Exchanges and Clearing Virtual Asset Index Series (the Index Series) on November 15, 2024, providing a reliable benchmark price for the rapidly emerging asset class of virtual assets, supporting Hong Kong's development as a leading digital asset center in Asia.

The index series will provide transparent and reliable benchmarks for the pricing of Bitcoin and Ethereum in the Asian time zone, aiming to provide a unified reference price for virtual assets, addressing the price differences of such assets across global exchanges.

HKEX Group Chief Executive Officer Nicolas Aguzin said: "We are pleased to launch the HKEX Virtual Asset Index Series to meet the regional demand for this rapidly emerging asset class. By providing transparent and reliable real-time benchmarks, we hope to help investors make informed investment decisions, thereby supporting the healthy development of the virtual asset ecosystem and consolidating Hong Kong's position as an international financial center." (JinShi)

November 16

None

November 17

TON hosts "Hackers League" training camp, event ends on November 17

Odaily Planet Daily Report TON announced in the channel that it will host the "Hackers League" training camp, with a total prize pool of $2 million, and also provide industry expert guidance lectures. The event will be held from October 11, 2024 to November 17, 2024.

Others (specific time not yet determined)

Litentry announces new feature preview, will launch MEME-related product next week

Odaily Planet Daily Report The decentralized identity solution Litentry tweeted a preview of new features, allowing users to create Litentry wallets through Unisat, and easily receive LIT, sign transactions, and make transfers through the Unisat wallet. The official said they will launch a MEME-related product next week.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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