Recent market performance has seen Bitcoin decline by 6% over the past week, briefly falling below $100,000 and trading around $103,500, while altcoins experienced an average 8% loss. However, the period from November 11th to 13th is poised to be highly eventful, with numerous developments that could reshape the cryptocurrency landscape.
Cryptocurrency analyst The DeFi Investor highlights a busy schedule featuring airdrop opportunities, major network upgrades, new product launches, and ETF rumors. Key events include Chainlink (LINK) Rewards Season 1 starting on November 11, which will offer airdrops to users staking LINK. Mantle (MNT) is partnering with Backed and Bybit to enable trading of tokenized shares, while Injective (INJ) will launch its Altria Upgrade on the mainnet on November 11th.
Rumors are intensifying around a potential spot XRP ETF announcement, with an SEC approval deadline set for November 13th. The Cardano Summit begins on November 12th, where new ecosystem announcements are anticipated. Other notable events include Lido Finance (LDO) sharing a token holder update on November 11th, Huma Finance (HUMA) launching automatic looping for PST, and the Sonic (S) ICO process expected to commence soon.
Macroeconomic factors add to the volatility, with US CPI data scheduled for release on November 13th. Additional events include the Solana (SOL) x402 hackathon ending, Hedera (HBAR) and Polkadot (DOT) spot ETF approval deadlines, and Binance delistings for FLM, KDA, and PERP tokens. The UK will also take public comments on its stablecoin framework on November 10th.