Crypto:
30766
Bitcoin:
$64.762
% 1.80
BTC Dominance:
%54.4
% 0.30
Market Cap:
$2.39 T
% 0.37
Fear & Greed:
69 / 100
Bitcoin:
$ 64.762
BTC Dominance:
% 54.4
Market Cap:
$2.39 T

Bitcoin 2024 Conference Kicks Off: Why It Matters?

Donald Trump Crypto Bitcoin

The world’s largest Bitcoin conference, Bitcoin 2024, begins today in Nashville, Tennessee.

Prominent figures such as U.S. Presidential candidate Michael Saylor, Edward Snowden, Robert F. Kennedy Jr., and Cathie Wood will be speaking at the event. However, the biggest buzz this year is around Donald Trump, who is making a surprise appearance as a speaker.

Donald Trump will be addressing attendees at a campaign event during the Bitcoin 2024 Conference in Nashville.

In the past, Trump has been highly critical of cryptocurrencies, even calling Bitcoin a scam. Recently, however, he has repositioned himself as a crypto-friendly presidential candidate. His campaign now accepts donations in popular cryptocurrencies like BTC, ETH, DOGE, and SOL.

Ohio Senator J.D. Vance, expected to be Trump’s running mate, is also a known cryptocurrency supporter. Vance holds between $100,000 and $250,000 worth of BTC on the Coinbase exchange.

With just hours to go before the conference starts, Trump’s upcoming speech is highly anticipated. Trump recently met with Bitcoin miners, pledging to boost Bitcoin production in the U.S. Moe Vela, a former advisor to Joe Biden, suggests that Trump’s newfound support for cryptocurrency is a strategic move to gain votes.

Independent U.S. Presidential candidate Robert F. Kennedy Jr. will also speak at the event, sharing his ideas on how blockchain technology can be utilized in public services. Kennedy advocates for the entire U.S. budget to be managed on the blockchain to enhance transparency and accountability.

Former Republican Presidential candidate Vivek Ramaswamy will address the conference, alongside notable figures like Cathie Wood from ARK Investment, Michael Saylor from MicroStrategy, and Edward Snowden, a prominent voice in the cryptocurrency community.

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U.S. Vice President Kamala Harris, expected to be Trump’s opponent in the 2024 election, declined to speak at the event.

In her absence, the cryptocurrency community believes Trump’s remarks will be even more significant. Rumors suggest Trump may propose the establishment of a U.S. Bitcoin strategic reserve, which could drive BTC prices to new all-time highs.

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