Republican presidential candidate Donald Trump will speak at the Bitcoin 2024 conference in Nashville, Tennessee, on July 27.
Organizers of the event also said that Trump has expressed his support for the U.S. Bitcoin sector in May 2024, advocating for financial freedom and advancing the industry on the world stage.
Trump, who is campaigning against Democratic presidential candidate Joe Biden in the upcoming U.S. election in November, portrayed himself as a supporter of cryptocurrencies at a San Francisco fundraiser in June, criticizing Democratic efforts to regulate the industry.
The cryptocurrency sector is increasingly seeking to influence U.S. policymakers as it faces increased scrutiny from regulators such as the Securities and Exchange Commission (SEC).
In addition, Trump recently expressed a desire for all remaining Bitcoin tokens to be produced in the US.
Charles Edwards, founder and CEO of Capriole Investments, has offered a fresh perspective on Bitcoin’s stalled price movement near the $100,000 mark, despite growing institutional enthusiasm.
The first week of July brings several important developments in the United States that could influence both traditional markets and the cryptocurrency sector.
Metaplanet has expanded its Bitcoin treasury with a new acquisition of 1,005 BTC valued at approximately $108.1 million, further cementing its status as one of the largest corporate holders of the digital asset.
Ric Edelman, one of the most influential voices in personal finance, has radically revised his stance on crypto allocation. After years of cautious optimism, he now believes that digital assets deserve a far larger share in investment portfolios than ever before.