|

Bitcoin Conference could host huge election showdown with Kamala Harris as potential speaker

  • Bitcoin Conference could be major price catalyst after reports that Vice President Kamala Harris may be one of the speakers.
  • Donald Trump will speak on crypto regulations and a Bitcoin strategy at the conference.
  • Kamala's camp has been asking questions about cryptocurrencies, claims Mark Cuban.

Democrat nominee Kamala Harris may join Donald Trump to speak at the upcoming Bitcoin Conference between July 25 and 27, according to Fox News.

David Bailey, CEO of Bitcoin Magazine and one of the organizers of The Bitcoin Conference, confirmed the news, stating that talks are ongoing for the Vice President to speak at the conference, and her campaign team will decide today. "Would be very savvy of her to reset the democrat positioning on the fastest growing voter block in the country," said Bailey in an X post.

If Kamala agrees to speak at the conference, it could be one of the biggest showdowns for the upcoming presidential race. This follows reports that Democrats are worried about Trump's increased support from crypto-based voters.

Donald Trump is also set to speak at the Bitcoin Conference on July 27 about crypto regulation, and many have speculated that the former president may also discuss potentially making Bitcoin a reserve asset if elected.

Some reports have also alleged that Donald Trump is open to debate with Kamala.

What crypto industry experts think

"Yikes! Let's hope she doesn't get booed off the stage," a crypto executive told Fox News Eleanor Terret.

Co-founder of Gemini exchange Tyler Winklevoss believes Kamala has no chance of winning crypto votes unless she immediately fires Securities & Exchange Commission (SEC) chair Gary Gensler and orders the withdrawal of all the agency's enforcement actions against crypto firms.

Meanwhile, billionaire Mark Cuban disclosed that Kamala Harris' staff has contacted him with questions about Bitcoin, according to Politico.

"The feedback I'm getting, but certainly not confirmed by the VP, is that she will be far more open to business, [artificial intelligence], crypto and government as a service," Cuban told Politico.

"Changing the policies changes the message and lets everyone know she is in charge and open, literally, for business," Cuban added. This comes after Cuban had alleged that Silicon Valley is getting behind Trump just because they want to pump the price of Bitcoin.

With the latest developments. Bitcoin could see increased volatility during the conference. Additionally, traders have historically used the conference as a sell the news event. Whether this time may be different is yet unknown as several market moving events coincide with the conference, including Mt. Gox creditors repayment and spot Ethereum ETF debut.

Author

Michael Ebiekutan

With a deep passion for web3 technology, he's collaborated with industry-leading brands like Mara, ITAK, and FXStreet in delivering groundbreaking reports on web3's transformative potential across diverse sectors. In addi

More from Michael Ebiekutan
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

Avalanche struggles near $12 as Grayscale files updated form for ETF

Avalanche trades close to $12 by press time on Wednesday, extending the nearly 2% drop from the previous day. Grayscale filed an updated form to convert its Avalanche-focused Trust into an ETF with the US Securities and Exchange Commission.

Bitcoin slips below $87,000 as ETF outflows intensify, whale participation declines

Bitcoin price continues to trade around $86,770 on Wednesday, after failing to break above the $90,000 resistance. US-listed spot ETFs record an outflow of $188.64 million on Tuesday, marking the fourth consecutive day of withdrawals.

Michael Selig assumes role as new CFTC Chair, what does this mean for crypto?

Michael Selig has been sworn in to serve as the 16th Chairman of the Commodity Futures Trading Commission. Selig was confirmed by the US Senate to head the commission last week, following his October nomination by the US President Donald Trump.

Crypto.com hires sports trader for event prediction market-making

Crypto.com plans to recruit a quant trader for the sports market-making team to buy and sell financial contracts related to these events. Opponents argue that internal trading desks put operators or their affiliates on the opposite side of customer trades. 

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.