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.
Bitcoin is once again mirroring global liquidity trends—and that could have major implications in the days ahead.
The final days of July could bring critical developments that reshape investor sentiment and influence the next leg of the crypto market’s trend.
The crypto market is showing signs of cautious optimism. While prices remain elevated, sentiment indicators and trading activity suggest investors are stepping back to reassess risks rather than diving in further.
Citigroup analysts say the key to Bitcoin’s future isn’t mining cycles or halving math—it’s ETF inflows.