Donald Trump at Bitcoin 2024: Is Biden’s Campaign Falling Behind on Crypto?
Is Bitcoin 2024 a Turning Point for Crypto Votes?
Hey there!
Big news for crypto enthusiasts: Guess What?🤔 Former U.S. President Donald Trump is set to be a keynote speaker at the Bitcoin 2024 conference in Nashville, Tennessee.😇Mark your calendars because this major event will take place from July 25 to 27.
Strong Support for Cryptocurrency
Since earlier this year, Trump has actively endorsed the cryptocurrency and blockchain industry. Over the past few months, he has expressed strong support for these technologies.
Last month, at an event at Mar-a-Lago, Trump announced his intention to advocate for bitcoin mining if he becomes president. Additionally, in May, he began accepting political donations in cryptocurrencies.
Prominent Backers
Trump's advocacy for cryptocurrency has garnered support from notable figures in the crypto world, including Gemini founders Cameron and Tyler Winklevoss and Ark Invest CEO Cathie Wood.
Other Political Speakers
The Bitcoin 2024 conference will also feature several other U.S. politicians as speakers. These include presidential candidate Robert F. Kennedy Jr., former presidential candidate Vivek Ramaswamy, and Republican Senators Bill Hagerty and Marsha Blackburn. At Bitcoin 2023, Kennedy Jr. delivered a keynote speech supporting crypto and pledged to protect people’s right to hold and use bitcoin.
Biden Campaign and Crypto Industry
Meanwhile, President Joe Biden’s campaign has been reportedly seeking advice from members of the crypto industry on digital asset policies. However, the administration has yet to make significant announcements related to crypto or blockchain.
Call for Comprehensive Regulation
In a recent letter, the U.S. tech industry group Chamber of Progress urged President Biden to support comprehensive crypto regulation. The group stated that Trump has taken advantage of the Biden administration's lack of clarity on the matter.
US Election Predictions
Curious about the upcoming election? 🤫
On the decentralized prediction market Polymarket, users currently forecast a 63% chance of Trump winning the upcoming November presidential election,😮 compared to a 13% chance for Biden.😵
Stay tuned, because the world of crypto and politics is about to get even more interesting!
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