Will the Bitcoin Conference 2024 make Donald Trump the ‘crypto president?’

  • August 30, 2024
Will the Bitcoin Conference 2024 make Donald Trump the ‘crypto president?’

Reporter

  • Trump to rebrand as the “crypto president” at the Bitcoin Conference 2024.
  • Trump’s look enhanced Trump-inspired memecoin TREMP by 8%.

Former President Donald Trump is set to speak at the Bitcoin [BTC] Conference 2024 in Nashville, Tennessee, together with other political figures.

Formerly understood for his anti-crypto position, Trump is now aiming to rebrand himself as a “crypto president” in the run-up to Election Day.

Why is Donald Trump making headings?

The three-day Bitcoin Conference 2024 occasion guarantees an excellent lineup of speakers.

The lineup consists of independent governmental prospect Robert F. Kennedy Jr., political analyst and comic Russell Brand, and previous Republican governmental prospect Vivek Ramaswamy.

The varied range of speakers highlights the occasion’s broad appeal and the significance of the ever-evolving discourse surrounding cryptocurrency.

Regardless of the existence of numerous noteworthy speakers, Trump’s existence is amassing one of the most attention currently, as he is set to provide a 30-minute keynote address on the conference’s last day.

His speech is anticipated to be a tactical relocate to court citizens and utilize the assistance he has actually currently gotten from prominent cryptocurrency figures like the Winklevoss twins.

Furthermore, there are reports stating that he might reveal strategies to state Bitcoin as a U.S. tactical reserve.

Saying on the exact same, an X (previously Twitter) account with the username Coin_Games kept in mind,

“The most web3 friendly president in the United States history.”

Influence on of the Bitcoin Conference on the market

This advancement likewise had an obvious effect on the Trump-inspired memecoin Doland Tremp [TREMP]which rose over 8% in the previous 24 hr, according to CoinGecko.

All at once, Bitcoin saw an increase of around 5%, trading at roughly $67K at the time of composing based on CoinMarketCap.

On the forecast market platform Polymarket, Trump has actually regularly led the charts with about 60% of the votes.

Vice President Kamala Harris’s chances have actually just recently increased to 38%, recommending possible shifts in the political landscape.

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