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On Sunday, Elon Musk changed his profile picture to X showing laser eyes, a symbol quite popular within the Bitcoin investors community.
Elon Musk’s recent visit to Tennessee has sparked speculations about his participation in the Bitcoin 2024 conference scheduled later this week on July 27. As we know, former US President Donald Trump is all set to attend the Bitcoin Conference scheduled later this month.
On Sunday, Elon Musk changed his profile picture to X showing laser eyes, a symbol quite popular within the Bitcoin investors community. Additionally, his arrival in Tennessee sparked further speculation that Musk could be attending the Bitcoin Conference in Nashville.
Matthew Sigel, Head of Digital Assets Research at VanEck spoke about this development stating that it could turn out to be an explosive event if Musk joins in. “In six days President Trump, running temporarily unopposed, will speak at The Bitcoin Conference in Nashville. Many are speculating he will propose establishing a US Strategic Bitcoin reserve. Trump praised Elon Musk at his rally last night. Now Musk has laser eyes. See you there,” noted Sigel.
The prospect of Elon Musk attending the conference alongside former President Donald Trump has generated significant buzz within the crypto community. On social media, Bailey hinted at a major announcement that could potentially “break the internet”. Fox journalist Eleanor Terrett concurred, suggesting that Musk’s presence is the only one that could rival Trump’s impact on the event.
Elon Musk Spills the Beans
While everyone seems to be excited about Elon Musk’s visit to Tennessee, he has tempered expectations while stating that his visit to Tenessee is linked to the training of his project, Grok, in Memphis. This clarification indicates that while his primary focus may not be the Bitcoin Conference, the event’s timing and location make his attendance an enticing possibility. The use of the laser eyes profile picture, symbolizing bullish sentiment in the Bitcoin community, continues to fuel optimism among crypto enthusiasts.
The Bitcoin Conference 2024 has already become the most talked-about event in the crypto world. The possibility of Musk joining Trump has further amplified the buzz. Additionally, there is widespread speculation within the community about Trump potentially announcing Bitcoin as a strategic reserve.
The Bitcoin price has continued to show strength over the past week. As of press time, BTC is trading at $67,500 with a market cap of $1.331 trillion.