Howdy crypto-heads!
We’ve got some exciting upcoming events for you along with a brief update on the markets.
Monero after party in Vegas
Event for pitching your crypto idea
Sideways cryptocurrency market
1. Monero after party
If you’re going to be in Las Vegas, NV on Saturday, August 7th you won’t want to miss the Monero after party at the Nerd! Following the annual Defcon convention this after party is going to be a ton of fun - There will be live music, dancing, drinks and an opportunity to hang out with your favorite Monero fam from all over the world!
Ticket’s cost $25 and have gone on sale over at https://monerosound.com
Door’s open at 8:30pm, hope to see you there!
P.S. If you’re staying at/near the Flamingo there will be a free shuttle that goes back and forth every 30 minutes
2. Pitch Night
On July 29th at 6pm Mountain time the Denver Crypto Group and Open Economy Initiative will be hosting a virtual event where blockchain entrepreneurs can present and “pitch” their ideas to the audience and our pane of experts.
We will have developer teams, angel investors, and other relevant vendors present that can help take promising projects to the next level.
If you’d like to sign up to present your idea or project please fill out this form: https://docs.google.com/forms/d/e/1FAIpQLScHECsuS3ejpXJN-OXDHxXUJ0uGcl7skNx5ltbeL3Ny6Zycug/viewform
To attend the event you can join the livestream on youtube at this link: https://www.youtube.com/watch?v=h0NhCDCCD7k
3. Market boredom
Another week, another sideways market for cryptocurrency…
It’s not all bad though, with the volume and volatility sitting on the sidelines a clear picture of Bitcoin (and by proxy the rest of crypto) current state is a little easier to suss out.
Right now there are quite a few people who have shorted BTC, expecting it to go lower. This is in stark contrast to the recent ATH/market top a few months back where almost everyone and their Uncle had decided to borrow money and long Bitcoin.
There is also great support around $30k USD for Bitcoin so there is a possibility that we see a jump up from here to the $38-41k range. If this happens expect the “volatility switch” to be flipped back on as everyone floods back in to the markets trying to make a buck.
That’s it for this week, I will be scheduling an in-person event for August once I have returned from the Monero party in Vegas. In the meantime stay safe and remember to practice good cybersecurity!
~Matt