Two upcoming events you should know about that could push the market higher

There are two events coming up in February that could have a positive effect on bitcoin and the crypto market as a whole:

1. Coinbase is doing a direct listing of their stock in Feb or early March. This will be seen as bringing legitimacy to the biggest US crypto company and it's already being touted at a $50 to $75 billion valuation. With how other IPO's have been exploding in the market like door dash and air bnb and the recent GME/short squeeze craze, this could drive alot more institutional investment and hype to crypto.

Link: https://blog.coinbase.com/coinbase-announces-proposed-direct-listing-3a52c4298ccc

1. Michael Saylor's Microstrategy Bitcoin conference on Feb 3. During this event, Microstrategy will outline why bitcoin is the best asset to buy going into the digital age to other companies at the conference. Although this will likely not immdediately up the price, it will bring awareness to other companies interested in investing into bitcoin and have a positive effect in the long term. Stone Ridge which is another investment firm that got into bitcoin last year is also co hosting the event with Microstrategy.

Link: https://www.microstrategy.com/en/resources/events/world-2021/bitcoin-summit

All in all, I'm excited for next month.