Let's examine a series of significant events that are poised to impact the cryptocurrency markets in the near future. From the launch of the KITE token to the trial of a prominent figure and regulatory decisions that could shape the landscape of digital assets, here's what to watch.
Binance is gearing up to list the KITE token, an AI-powered payment blockchain project. Users can acquire KITE by participating in the Launchpool through staking BNB, FDUSD, and USDC. Trading for KITE/USDT, KITE/USDC, KITE/BNB, and KITE/TRY pairs will commence on November 3, 2025.
The trial of Sam Bankman-Fried (SBF), the former CEO of FTX, is scheduled to begin on November 3, 2025. SBF faces criminal charges related to the collapse of the FTX exchange. This trial will be closely followed by industry observers.
On November 5, 2025, approximately 172 million ENA tokens will be unlocked, representing 2.52% of the current circulating supply. Investors should monitor the impact of this unlock on ENA's price.
The SEC is expected to make a decision on Grayscale's application for a Polkadot (DOT) ETF by November 8, 2025. This decision could have a significant impact on the DOT market.
In addition to these events, investors should also pay attention to upcoming macroeconomic data, such as the S&P Global Manufacturing PMI, ADP employment data, and US initial jobless claims. Monitor regulatory developments regarding stablecoins in Canada as well.
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