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Cryptocurrency News Articles
Donald Trump to Deliver Keynote Speech at the 2024 Bitcoin Conference in Nashville
Jul 28, 2024 at 03:59 am
The moment most crypto investors have eagirly awaited this past few weeks - Donald Trump's keynote speech during the 2024 Bitcoin conference in Nashville, USA.
The moment that most crypto investors have been eagerly awaiting these past few weeks: Donald Trump's keynote speech at the 2024 Bitcoin conference in Nashville, USA. At the bottom of this article, you can follow the livestream!
This marks Trump’s first appearance at a crypto conference, which is significant due to the probable impact it could have on the markets.
His speech follows that of Robert Kennedy Jr., who announced during his keynote yesterday that he plans a major investment in Bitcoin if elected president. He aims to make Bitcoin a reserve currency for the U.S. by purchasing 4 million BTC in total (500 BTC per day).
READ MORE:
Cardano to Dethrone Bitcoin in the Future, According to Charles Hoskinson – Here is Why
In addition to delivering a speech, Trump is also headlining a fundraiser, with ticket prices reaching a high of $844K. David Bailey, the CEO of BTC Inc. and organizer of the conference, highlighted the increasing alignment between the Bitcoin industry and Trump's political positions.
During his presidency, Trump had openly expressed criticism of Bitcoin. In July 2019, he stated that he was “not a fan” of Bitcoin and other cryptocurrencies, arguing that their value was “not based on anything” and that these unregulated crypto assets could be used to facilitate illegal activities such as drug trafficking. In a 2021 interview with Fox, he called Bitcoin a “scam” and expressed his preference for the US dollar as the primary global currency.
However, the ex-president has since adjusted his stance, likely in an attempt to capture the attention of the crypto community. His campaign strategies now include accepting donations in crypto, promising to put an end to President Joe Biden's “war on crypto,” and advocating for future Bitcoin mining to be conducted within the United States.
The crypto market is known to be impacted by statements from influential figures such as Donald Trump and Elon Musk, making the ex-president's speech at the Bitcoin conference notably important for the crypto markets.
LIVESTREAM:
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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- Regulatory Clarity is Key to Bitcoin’s Future
- Feb 02, 2025 at 01:55 am
- In the rapidly evolving world of cryptocurrency, regulatory clarity or support is one of the most crucial factors that can significantly influence the future of Bitcoin and other digital assets. As cryptocurrencies continue to grow in popularity and adoption, the question of how governments and financial regulators will treat digital assets becomes increasingly important. For Bitcoin, clear and supportive regulations could be the catalyst needed to push its price higher and further integrate it into the mainstream financial system.
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