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.
Coinbase has emerged as the best-performing stock in the S&P 500 for June, climbing 43% amid a surge of bullish momentum driven by regulatory clarity, product innovation, and deeper institutional interest in crypto.
Despite common fears that global crises spell disaster for crypto markets, new data from Binance Research suggests the opposite may be true — at least for Bitcoin.
A new report by crypto analytics firm Alphractal reveals that Bitcoin miners are facing some of the lowest profitability levels in over a decade — yet have shown little sign of capitulation.
Coinbase CEO Brian Armstrong has spotlighted a significant acceleration in institutional crypto adoption, driven largely by the surging popularity of exchange-traded funds and increased use of Coinbase Prime among major corporations.