Despite the recent dump (again), the crypto space is looking to make a possible bullish recovery. A number of events are about to take place this July which may excite some uptrend movement.
One event to look forward to is Tesla CEO Elon Musk and Twitter CEO Jack Dorsey’s Bitcoin upcoming conversation. As many in the crypto space know, these two personalities are big names in the industry. Elon is known to move markets by a mere tweet, and in the last couple of months, his tweets concerning Bitcoin’s energy usage has sent the BTC price down.
The discourse will happen during the B Word, a virtual library containing all-things Bitcoin. ARK Invest CEO Cathy Wood, Blockstream CEO Adam Back, and Dorsey are some of the featured speakers.
Meanwhile, India is set to reveal its much-awaited cryptocurrency bill during the upcoming Monsoon session. The government has displayed a back-and-forth stance regarding cryptocurrency, and many are hoping this will cement its stand once and for all. Also, scoops say that the country is also mulling the creation of its own cryptocurrency.
In other news, Grayscale’s January bitcoin fund will unlock on July 18. The GBTC stocks are expected to be at least worth 41,852.26 BTC, which may become the biggest single-day unlocking event.
