Crypto Network Upgrades and Economic Data Highlight a Busy Week Ahead
The upcoming week is set to be eventful with significant network upgrades, critical economic data releases, corporate earnings, and important governance votes in the crypto space.
The U.S. September jobs report has been delayed due to the government shutdown, with its release now expected on November 20. Alongside this, key U.S. macroeconomic data points include the New York Empire State Manufacturing Index estimate at 6.1, several Federal Reserve speeches by officials Jefferson, Waller, and Barr, and the Federal Open Market Committee (FOMC) minutes for October 28-29 due on November 19.
Canada is also releasing its October inflation data on November 17, reporting a headline year-over-year inflation rate of 2.4% and a month-over-month increase of 0.1%, with core inflation at 2.8% year-over-year.
In the cryptocurrency sector, multiple major network upgrades are scheduled: Zilliqa's mainnet upgrade on November 17, Avalanche's Granite mainnet upgrade on November 19, Firo's hard fork also on November 19, and Zcash's 6.1 upgrade going live on the mainnet on November 23.
Corporate earnings will feature Nvidia's results announced post-market on November 19.
Governance in decentralized autonomous organizations (DAOs) is active with major votes ongoing for Convex Finance, Extra Finance, Usual, CCMOON, Arbitrum, and ZKsync, with voting periods extending through November 20.
On the token front, there are upcoming unlocks for YZY (12.5% on November 19) and ZRO (7.29% on November 20). Token migrations and launches are also notable: PayAI Network's migration deadline is November 18; SoSoValue's SSI Epoch 3 ends on November 22; and Centrifuge's token migration window closes on November 30.
Additionally, several crypto and fintech conferences are scheduled globally throughout the week of November 17 to 23, marking a vibrant period for industry participants and observers alike.
