The Bitcoin 2024 conference in Nashville was historical with all the big speakers that attended such as Michael Saylor and Donald Trump.
Former President Donald J. Trump made a notable appearance at a cryptocurrency conference on Saturday, where he raised $21 million, according to Bitcoin Magazine’s CEO, David Bailey. The event, held at the Nashville Music City Center and partly organized by Senator Bill Hagerty, was one of Trump’s most successful fundraisers.
Trump has been actively engaging with the cryptocurrency community, promising regulatory reforms and attracting support from major industry figures.
His campaign, which started accepting crypto donations in May, has collected $4 million in digital assets so far, including significant contributions from a small group of donors. This led Trump to claim a total of $25 million raised in cryptocurrency.
High-profile attendees at the Nashville event included notable figures from the crypto world and celebrities, with exclusive access priced at over $800,000 per person. Trump’s recent pro-crypto stance, including a proposal for a Bitcoin reserve and a vow to replace SEC Chairman Gary Gensler, has earned him backing from prominent crypto leaders.
Trump’s campaign has amassed $221 million overall, with $128 million currently in reserve. The growing influence of cryptocurrency-related PACs, like Fairshake, which boasts $202 million in funds, highlights the industry’s increasing impact on the political landscape.
The U.S. government’s plan to establish a Strategic Crypto Reserve has sparked a lively debate in the crypto community, with even well-known critics like Peter Schiff joining the conversation.
The Office of the Comptroller of the Currency (OCC), the U.S. regulator responsible for overseeing national banks, has announced that U.S. banks can now engage in specific crypto-related activities without prior approval.
Kraken is exploring the possibility of going public with an initial public offering (IPO) targeted for the first quarter of 2026, according to sources familiar with the matter.
David Sacks, the White House’s top official on crypto policy, clarified that the Trump administration has not considered selling gold reserves to boost its Bitcoin holdings.