There are two meetings this week—crypto folks might want to keep an eye on them.
One is the Bitcoin Treasuries Conference in New York, from 9/28 to 9/29. Most attendees are public companies that put Bitcoin on their balance sheets.
The other is the Korea Blockchain Week in Seoul, from 9/29 to 10/1.
Put together, it’s quite interesting. On one side, U.S. companies are discussing how to keep buying Bitcoin; on the other, retail enthusiasm in Korea is cooling off, and several exchanges’ revenues are clearly down.
Same industry—two sides have very different temperatures.
The conferences themselves usually won’t directly push the market up, but they often coincide with times when new partnerships and new products are concentratedly announced. You can see whether any project teams take the opportunity to put out messages.
$BTC Which side’s news are you more focused on—the U.S. institutions or the Korean retail crowd?
One is the Bitcoin Treasuries Conference in New York, from 9/28 to 9/29. Most attendees are public companies that put Bitcoin on their balance sheets.
The other is the Korea Blockchain Week in Seoul, from 9/29 to 10/1.
Put together, it’s quite interesting. On one side, U.S. companies are discussing how to keep buying Bitcoin; on the other, retail enthusiasm in Korea is cooling off, and several exchanges’ revenues are clearly down.
Same industry—two sides have very different temperatures.
The conferences themselves usually won’t directly push the market up, but they often coincide with times when new partnerships and new products are concentratedly announced. You can see whether any project teams take the opportunity to put out messages.
$BTC Which side’s news are you more focused on—the U.S. institutions or the Korean retail crowd?