Upcoming conferences and hot events that may affect the market in the near future.

Upcoming conferences and noteworthy events that could potentially impact the market in the near future.

The phrase “Buy the rumor, sell the news” is commonly used in the financial markets to describe the potential impact of market events on prices, while in the Chinese-speaking world, the phrase “利好兑现” is used to summarize this type of market behavior.

Just like Apple’s product launches, major cryptocurrency projects’ summits often announce new products or significant upgrades. Given the recent market activity, Ripple has organized some conference events and hot topics that may affect the market direction in the near future based on publicly available information.

Ripple Swell Conference

The Ripple Swell Conference will be held on November 8th-9th in Dubai, United Arab Emirates. According to the schedule, the Ripple Swell Conference will cover a series of topics involving Ripple customers, team members, and industry thought leaders, revealing how financial institutions and companies utilize cryptocurrencies and blockchain technology.

Following the dismissal of all charges against Ripple CEO and Executive Chairman by the SEC, XRP’s rebound has been similarly swift, with a surge of over 40% since October. Although there are no major protocol announcements on the agenda for this Ripple Swell Conference, it is still worth paying attention to and looking forward to, as it is one of the long-standing payment settlement networks in the crypto industry and has defeated the SEC.

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Reddit Shuts Down Blockchain-based Community Points Service

Reddit will cancel its community points and terminate its nearly three-year blockchain-based service on November 8th.

Ton Ecosystem Conference “The Gateway”

The Ton Ecosystem Conference “The Gateway” will take place on November 10th-11th in Dubai. Gateway is TON’s annual event for the community. This event will showcase the development of the Ton Ecosystem Web3 ecosystem to Web3 practitioners, with projects related to gaming, DeFi, wallets, and other ecosystem projects participating. As one of the most remarkable network ecosystems this year, Ton’s development is worth paying attention to.

Upbit UDC Conference

The Upbit UDC Conference is the annual event of Upbit, the largest cryptocurrency exchange platform in South Korea, aiming to promote the growth and expansion of the South Korean blockchain ecosystem. This year’s event will officially start on November 13th, taking into account the significant listing effect on Upbit in the past. Therefore, for traders, it is worth paying attention to the participating projects of this conference. According to the compilation by crypto KOL @jzinvest_xyz, a total of 54 projects that have been listed or may be listed have participated in the UDC annual conference since 2018, with 41 of them already listed on the KRW trading pair. The currencies that have not been listed include: SLP, HNT, GALA, NFT, ROSE. The currencies that have been listed on BTC trading pairs but not on KRW trading pairs include: MKR, YGG, STG, IOTX, GAL. The only projects that have participated in UDC but have not yet been listed are Linea and LayerZero.

Ethereum Devconnect

The Ethereum Devconnect will be held from November 13th to 19th in Istanbul. Through this one-week Ethereum gathering, the most important builders and researchers of Ethereum, along with their community, will come together.

In this event, Ethereum-related technical topics are worth paying attention to, such as the expected upgrade time for Istanbul, the development of account abstraction technology, and updates on Layer 2 development progress. Many Ethereum ecosystem projects will also shine in this Devconnect hackathon.

Further reading: “Event Express | Devconnect Istanbul 2023 is coming, a comprehensive overview of peripheral activities (continuously updated)”

Solana “Hong Kong Hacker House” Offline Event

The Solana Foundation and Circle will hold the “Hong Kong Hacker House” offline event in Hong Kong on November 14th, lasting for 4 days. It will be guided by core engineers from Solana Labs and will focus on building projects on Solana, DeFi, and NFT, as well as partner seminars, group discussions, and demonstrations.

Gitcoin Grants 19

Gitcoin Grants 19 donations will go live from November 15th to 29th. Since project applications ended on November 8th, the major categories and list of donations for this round have not been made public yet. Users can follow updates on the official Gitcoin platform.

U.S. October CPI and PPI Data

The U.S. October CPI and PPI data will be announced on November 14th and 15th, respectively. As major reference factors for the Federal Reserve’s interest rate adjustments, these two data points are of great significance for the Fed’s future monetary policy decisions.

YGG Web3 Games Summit

The YGG Web3 Game Summit will be held in Manila, Philippines from November 18th to 25th. This week-long event covers blockchain games, conferences, exhibitions, Web3 esports competitions, and more.

Conclusion

Effectively utilizing various expectations is gradually becoming a science in the crypto market, just like Keynes’ theory of financial beauty pageants, “Don’t just choose the one you think is the most beautiful, but guess which one everyone else will choose.”

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