Binance Hack Aftermath, US Midterms and Employment Data: Crypto Week Ahead

Nov 2, 2026, 4:04 a.m. EST

3 min read

Binance (Vadim Artyukhin/Unsplash) — (Vadim Artyukhin/Unsplash)

Summary

Crypto Week Ahead serves as an overview highlighting upcoming events in the cryptocurrency and blockchain sectors, alongside critical macroeconomic updates that will shape digital asset trading.

Binance reopened withdrawals on Sunday, following a $6.3 billion security breach three days prior. The platform reported that clients withdrew a net amount of $3.64 billion during the initial day, adding that internal corporate reserves have been used to cover roughly 95% of the compromised assets.

Bitcoin has demonstrated resilience, changing hands near $78,000 on Monday. Alex Ryzhkin, chief commercial officer at B2BINPAY, stated to CoinDesk, “Exchange hacks always weigh on the market, but today sell-offs tend to be moderate, as deep institutional presence absorbs the shock.”

He further noted, “If withdrawals continue smoothly, BTC can stabilize at $76-80K next week and head back toward $82K by the weekend.”

Tuesday’s U.S. congressional midterms and Friday’s employment statistics highlight the schedule, whereas both the Reserve Bank of Australia and the Bank of England are anticipated to implement rate hikes.

What to Watch

(All times ET)

Crypto
- Nov. 3: U.S. midterm elections. Legislative control could influence future digital asset regulations and industry oversight.
- Nov. 4: Deadline for public feedback on a FinCEN proposal intended to restrict designated U.S. financial entities from routing funds related to sub-agents of the Russia-associated A7 Network.
- Nov. 4: Expiration of Kenya’s twelve-month grace period for virtual asset enterprises that were already functioning when the Virtual Asset Service Providers Act took effect.
- Nov. 5: Zcash is scheduled to deploy its NU7 upgrade at block 3,543,405.
Macro
- Nov. 2, 10 a.m.: U.S. ISM Manufacturing PMI for October estimated at 54.6 (Previous 54.5).
- Nov. 2, 11:30 p.m.: Reserve Bank of Australia interest rate announcement estimated at 4.85% (Previous 4.6%).
- Nov. 3, 10 a.m.: U.S. JOLTS Job Openings for September estimated at 7.13M (Previous 7.079M).
- Nov. 4, 5 a.m.: Eurozone preliminary annual CPI for October (Previous 3.8%).
- Nov. 4, 8:30 a.m.: U.S. Trade Balance for September estimated at -$108B (Previous -$105.6B).
- Nov. 4, 10 a.m.: U.S. ISM Services PMI for October estimated at 54.8 (Previous 54.9).
- Nov. 5, 5 a.m.: Eurozone monthly PPI for September (Previous 1.9%); annual PPI (Previous 8.2%).
- Nov. 5, 7 a.m.: Bank of England interest rate announcement estimated at 4% (Previous 3.75%).
- Nov. 5, 8:30 a.m.: Preliminary U.S. Nonfarm Productivity for Q3 (Previous 1.4%); Unit Labor Costs QoQ (Previous 1.2%).
- Nov. 5, 8:30 a.m.: U.S. Initial Jobless Claims for the week ending October 31 estimated at 195K (Previous 194K).
- Nov. 6, 8:30 a.m.: U.S. Nonfarm Payrolls for October (Previous 29K); Unemployment Rate (Previous 4.2%).
- Nov. 6, 10 a.m.: Preliminary University of Michigan Consumer Sentiment for November (Previous 48.0).
Earnings
- Nov. 2: Cipher Digital CIFR, pre-market, -$0.19
- Nov. 3: Block XYZ, post-market, $0.96
- Nov. 4: Riot Platforms RIOT, pre-market, -$0.29
- Nov. 4: Circle Internet Group CRCL, pre-market, $0.38
- Nov. 4: Hut 8 HUT, pre-market, -$1.20
- Nov. 5: Core Scientific CORZ, pre-market, -$0.01
- Nov. 6: TeraWulf WULF, pre-market, -$0.32

Token Events

Governance Votes and Calls
- Cratos DAO is holding a vote on extending its active token reward standard deadline to November 30, 2026, with voting concluding on November 2.
- Stake DAO is voting on sunsetting 16 older products, halting fresh deposits, and establishing a six-month window to claim legacy Pendle airdrop rewards, while withdrawals stay available indefinitely. Voting concludes November 2.
- ENS DAO is voting to greenlight the Governor Nexus upgrade and initiate its external review. Voting concludes November 3.
- Compound is scheduling a vote to pull 42,000 USDC and 90 WETH of reserves out of its legacy Unichain markets and transfer them back to the Ethereum Mainnet, running from October 31 to November 3.
- Optimism is voting to transition Security Council elections toward a nomination framework where the Security Council Lead proposes candidates who take office automatically unless blocked by a 20% veto of the OP circulating supply. Voting concludes November 4.
- Arbitrum DAO is voting to bring back Stylus smart contract deployments by mandating that new rollouts clear a targeted security assessment. Voting concludes November 5.
Unlocks
- Nov. 5: Ethena (ENA) will release 0.88% of its total circulating supply, valued at $17.86 million.
- Nov. 6: Hyperliquid (HYPE) will release 0.08% of its total circulating supply, valued at $16.77 million.
Token launches
- None currently planned.