Bitcoin, the cryptocurrency market and NFTs have had a bad start to 2022. In general, prices in the crypto money market entered the new year very badly.
The NFT market has been quite strong as the NFT market on OpenSea has generated approximately $2.7 billion in volume since Jan 1 and is on track for the highest volume ever.
The gathering of the biggest names of the crypto market at the Bitcoin Conference in the USA will make this week very interesting. Billionaire investor Mark Cuban and Bitcoin-friendly Miami mayor Francis Suarez are also planning to attend the conference.
The three-day conference, which will be held in Miami, will be one of the largest bitcoin conferences in the world. At the said conference, crypto entrepreneurs, investors and influencers will gather to discuss the latest blockchain technologies, trends and market opportunities.
El Salvador announced its plans for bitcoin at the Bitcoin Conference in June last year. Therefore, different developments that will affect the market are expected to come to light at this year's conference.
"I'll see if there's anything new in the market," said Mark Cuban, owner of NBA team Dallas Mavericks and famous investor who recently launched an NFT website. said.
In a press release for the upcoming Bitcoin Conference in the US, Cuban said he is investing in things like decentralized insurance applications, hoping to monetize the ongoing NFT craze.
Other big names at the Bitcoin Conference include Matthew Roszak, billionaire founder of blockchain technology company Bloq, Peter Smith, CEO of Blockchain.com, and Craig Sellars, co-founder of controversial stablecoin Tether.
Miami mayor Francis Suarez, one of the names sympathetic to crypto money who will also speak at the event, stated that he wants to make Miami the first city to give Bitcoin (BTC) returns as direct dividends to the residents of the United States, and that he hopes to rule Miami tax-free one day.