The financial market commonly uses "Buy the rumor, sell the news" to describe the potential impact of market events on prices, while the Chinese world summarizes such market behavior as "利好兑现".

Just like Apple's product launch events, the summits of major cryptocurrency projects often release new products or major product upgrades. Given the recent market activity, Ledom has compiled some conference events and hot topics that may affect the market trend in the near future for readers based on publicly available market information in chronological order.

Ripple Swell Conference

The Ripple Swell conference was held in Dubai, United Arab Emirates from November 8th to 9th. According to the agenda, Ripple Swell covered a range of topics for Ripple customers, team members, and industry thought leaders, revealing how financial institutions and businesses are leveraging cryptocurrency and blockchain technology.

After the SEC dropped all charges against Ripple's CEO and executive chairman, XRP's rebound momentum has been equally strong, with a maximum increase of more than 40% since October. Although there were no major protocol announcements on the agenda of this Ripple Swell conference, as a veteran cryptocurrency payment settlement network that defeated the SEC, it is also worth paying attention to and looking forward to its future direction.

Reddit shuts down blockchain-based community points service

Reddit will cancel its community points on November 8th and terminate its blockchain-based community points service that has been in operation for nearly three years.

Ton Ecology Conference "The Gateway"

The Ton Ecology Conference "The Gateway" will be held in Dubai on November 10-11. The Gateway is the annual event of the Ton community. This event will showcase the development of the Ton Ecology Web3 ecosystem to Web3 practitioners, and ecological projects such as games, Defi, and wallets will be featured. As a very eye-catching network ecology since this year, Ton's development is worth paying attention to.

Upbit UDC Conference

Upbit UDC Conference is the annual event of Upbit, the largest cryptocurrency exchange platform in South Korea, aimed at promoting the growth and expansion of the South Korean blockchain ecosystem. This year's event will officially open on November 13th, and given the significant listing effect on Upbit in the past, the participating projects of this conference are worth paying attention to for traders. According to the compilation of cryptocurrency KOL @jzinvest_xyz, a total of 54 projects that have been issued or may be issued have participated in the UDC annual conference from 2018 to present, of which 41 have been listed with KRW trading pairs. The coins that have not been listed yet include: SLP, HNT, GALA, NFT, and ROSE. The coins that have been listed with BTC trading pairs but not with KRW trading pairs are: MKR, YGG, STG, IOTX, and GAL. Only Linea and LayerZero have participated in UDC but have not yet issued coins.

Ethereum Devconnect

Ethereum Devconnect will be held in Istanbul from November 13th to 19th. The week-long Ethereum event aims to bring together the most important builders, researchers, and communities of Ethereum.

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

Reference reading: "Event Express: Devconnect Istanbul 2023 is coming, peripheral activities at a glance (continuously updated)"

Solana「Hong Kong Hacker House」offline event

The Solana Foundation and Circle will hold the "Hong Kong Hacker House" offline event on November 14th in Hong Kong. The event will last for 4 days and will be guided by core engineers from Solana Labs. The content will focus on how to build projects on Solana, DeFi, and NFT, as well as partner seminars, group discussions, and demonstrations.

Gitcoin Grants 19

Gitcoin Grants 19 donations will be launched from November 15th to 29th. As the project application ended on November 8th, the categories and list of projects for this round of donations have not been announced yet. Users can follow the official Gitcoin platform for information updates.

美国 10 月 CPI、PPI 数据

US October CPI and PPI Data

The US October CPI and PPI data were released on November 14th and 15th respectively. As the main reference factors for the Fed's interest rate adjustment, these two data are of great significance for the Fed's future interest rate decisions.

YGG Web3 Games Summit

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

Conclusion

Reasonable use of various expectations has gradually become a science in the encryption market, just like Keynes' theory of financial beauty, "Don't just choose the one you think is the most beautiful, but guess which one everyone will choose."

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