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)

Next weeks highlights

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 October CPI data on November 13 ;

Former Celsius CEO to return to court on November 13 ;

November 15

Hong Kong Stock Exchange will launch a series of virtual asset indices ;  

Federal Reserve News

• On Tuesday at 23:00, Federal Reserve Board Governor Waller delivered a speech at a banking conference;

• At 23:15 on Tuesday, Barkin, 2024 FOMC voting member and president of the Richmond Fed, delivered a speech;

• At 03:00 on Wednesday, Minneapolis Fed President Kashkari will attend Yahoos financial investment conference titled New Challenges, New Opportunities;

• At 06:00 on Wednesday, Philadelphia Fed President Harker will speak on FinTech and AI;

• Wednesday at 06:30, Barkin, 2024 FOMC voting member and Richmond Fed President, will deliver a speech;

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

• At 01:30 on Thursday, 2025 FOMC voting member and St. Louis Fed President Moussalem delivered a speech;

• At 02:30 on Thursday, 2025 FOMC voting member and Kansas Fed President Schmid will deliver a speech;

• On Thursday at 20:00, Federal Reserve Board Governor Kugler delivered a speech;

• At 22:00 on Thursday, Barkin, 2024 FOMC voting member and president of the Richmond Fed, will deliver a speech;

• At 04:00 on Friday, Federal Reserve Chairman Powell was invited to participate in a dialogue entitled Global Perspective;

• At 05:15 on Friday, FOMC permanent voting member and New York Fed President Williams delivered a speech.

Next weeks preview details

November 11

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

Odaily Planet Daily reported that according to the official announcement, Binance will adjust the calculation method of the delivery settlement price of delivery contracts at 16:00 on November 11, 2024 (Eastern Time Zone 8). The settlement price of the delivery contract will use the average price index per second in the last 30 minutes before delivery (15:30 to 16:00 Eastern Time Zone 8), totaling 1,800 price indices.

Calculation of settlement price of existing contracts: The settlement price of the delivery contract will be calculated based on the average of the price index per second in the last hour before delivery (15:00 to 16:00 EST), totaling 3,600 price indices.

Calculation of new contract settlement price: The settlement price of the new delivery contract will be calculated based on the average of the price index per second in the last 30 minutes before delivery (15:30 to 16:00 EST), totaling 1,800 price indices.

0G Foundation will launch AI Aligned Node sales on November 11, with plans to allocate 15% of tokens to node operators

Odaily Planet Daily News: 0G Foundation announced that it will launch node sales on November 11. This node sale is divided into 2 phases: whitelist node sales will start at 20:00 (UTC+ 8) on November 11, 2024, open for two days, and only whitelist users can purchase; public node sales will start at 20:00 (UTC+ 8) on November 13, 2024, and all users can purchase. 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 in the next three years. Subsequently, by operating AI-aligned nodes, participants will help ensure the correct behavior of data storage, DA and model service nodes, and maintain the integrity of 0G network data and AI systems.  

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

Odaily Planet Daily reported that according to official news, Ronin stated that the second closed beta test of the blockchain game Lumiterra is scheduled to start on November 11 and is scheduled to last about 3 weeks. Any user who obtains whitelist access to Lumiterra can participate.

November 12

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

Odaily Planet Daily News According to official news, Ethereum Devcon 7 will be held in Bangkok from November 12th to 15th.

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

Binance will launch SOLUSDT options on November 12

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 option contracts. For details, please refer to Binance option contract specifications.

DePIN L1 protocol Peaq will be launched on November 12

Odaily Planet Daily News: DePIN L1 protocol Peaq announced on X that it will be launched on November 12.

Earlier in May, it was reported that Peaq completed a $20 million fundraising through CoinList, with more than 14,500 community members contributing more than $36 million.

November 13

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

Odaily Planet Daily reported that the White House issued a statement on the 9th that at the invitation of President Biden, Trump, who won the 2024 presidential election, will meet with Biden at the White House at 11:00 Eastern Time on the 13th (00:00 Beijing Time next Thursday). No other details have been released yet. (Jinshi)

The US will release October CPI data on November 13

Odaily Planet Daily reported that the US October CPI data will be released at 21:30 Beijing time next Wednesday, which will also have a significant impact on the markets expectations of interest rate cuts.

Former Celsius CEO to return to court on November 13

Odaily Planet Daily reported that former Celsius CEO Alex Mashinsky will return to court on November 13 to make oral arguments on his motion to dismiss charges of fraud and market manipulation. Mashinsky was arrested in July 2023 and faces seven felony charges related to manipulating the price of Celsius token CEL.

ZKsyncs first governance proposal ZKsync Ignite opens voting and will end on November 13

Odaily Planet Daily News ZK Nation published an announcement on the X platform that the voting for ZKsyncs first governance proposal ZKsync Ignite will be open and will end on November 13. The current support rate for the proposal is 98.9%, of which Tevaera cast 24% of the votes in favor.

The proposal plans to distribute 325 million ZKs within 9 months to establish a DeFi liquidity center for ZK Syncs elastic chain, of which 300 million will be allocated to users.

November 14

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November 15

Hong Kong Stock Exchange to launch virtual asset index series

Odaily Planet Daily News: The Hong Kong Stock Exchange announced today that it will launch the Hong Kong Stock Exchange Virtual Asset Index Series (Index Series) on November 15, 2024 to provide a reliable benchmark price for virtual assets, a rapidly emerging asset class, and support Hong Kongs development into Asias leading digital asset center.

The index series will provide a transparent and reliable benchmark for the pricing of Bitcoin and Ethereum in the Asian time zone, and is committed to providing a unified reference price for virtual assets and resolving price differences between such assets on global exchanges.

HKEX Group Chief Executive Officer, Chan Yik Ting said: “We are pleased to launch the HKEX Virtual Asset Index Series to meet the region’s 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 strengthening Hong Kong’s position as an international financial center.” (Jinshi)

November 16

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November 17

TON holds Hackers League training camp, the event ends on November 17

Odaily Planet Daily News: TON officially announced on its channel that it will hold a Hackers League training camp, sharing a total prize pool of $2 million, and providing guidance lectures from industry experts. The event will be held from October 11 to November 17, 2024.  

Others (specific time undetermined)

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

Odaily Planet Daily News: Decentralized identity solution Litentry tweeted a preview of new features. By creating a Litentry wallet through Unisat, receiving LIT, signing transactions and making transfers can all be easily done through the Unisat wallet. Officials said that a functional product about Meme will be launched next week.