Next week in crypto: the 5 hottest events for November 7–11

The coming week could be very interesting for cryptocurrencies and beyond. Those who follow market events closely will not be disappointed. No big announcements are expected, but investors and crypto enthusiasts will have plenty to choose from.

Recall that, according to some analysts, crypto winter is not the same as calendar winter. That’s why some experts are as confident as possible that a bull market will start within a few months. Well, time will tell. 

In the meantime, here is a selection of the most interesting events of the coming week.

November 7

Merit Circle DAO is scheduled to launch Staking V2. This proposal is intended to set a hard number for next year’s MC subsidy (currently 10% for the first year) and bonus multipliers for members in the management module.

The proposal also seeks to allow airdrop rewards, other potential forms of rewards, bonus levels, and discounts in Merit Circle DAO products but makes no hard promises to do so. 

Deposits in v1 will be disabled once v2 is up and running. Stackers in v1 will only be able to withdraw their assets once their bet is unlocked, at which point they can decide to bet in v2 or use their tokens in other ways. More details here.

November 8

XT.com exchange will list FDC (Fidance) in the Main Zone (DeFi) under the FDC/USDT trading pair. Trading will be available from 07:00 (UTC). Fidance is a play-to-earn NFT blockchain game in the metaverse that allows investors the ability to own assets, participate in metaverse dance games, buy NFTs, and more.

November 9

Two important events will take place. The first blockchain-based mobile network, World Mobile, will enable an Early Staking Rewards Update. Phase 2 will begin at 11:00 a.m. (UTC). ENO Staking Rewards Update (EarthNodes Operator Rewards), also second round, at 11:00 (UTC).

The World Mobile Chain is a decentralized, shared telecommunications network whose main purpose is to provide internet access to countries with connectivity problems. World Mobile Tokens ($WMT) are necessary for the exchange economy to work. Here, we wrote about it in more detail.

November 10

The two-day World Blockchain Summit — Canada 2022 kicks off. There will be 1,000+ senior professionals from governments and enterprises and crypto investors at the event. The goal is to help raise funds for ICOs/IEOs/STOs/IDOs or shorten the sales cycle.

November 11

Distribution of liquidity rewards in the second phase of $HEGIC. Liquidity providers receive a reward in the form of rHEGIC2 and no action is required. #rHEGIC2 will be redeemable 1k1 for $HEGIC on November 11 or after the total volume reaches $1B during Phase 2.

Hegic is a decentralized protocol on Arbitrum that allows users to buy calls and put options on ETH and BTC.