|

Donald Trump to speak at the world’s largest Bitcoin Conference in July

  • US Presidential candidate and former President Donald Trump is scheduled to speak at the 2024 Bitcoin Conference. 
  • Organizers confirmed on Wednesday that Trump is on the agenda for the July conference. 
  • Bitcoin sustains above $58,000 on Thursday, erasing less than 1% of its value on the day. 

Donald Trump is lined up to speak at a Bitcoin conference in July, per the event’s organizers. The former US President’s address would highlight his pro-crypto stance and fuel positive sentiment of market participants. 

Trump to speak at largest Bitcoin conference

Donald Trump will speak at a Bitcoin conference this month, according to a confirmation from the event’s organizers, an address that would highlight his growing embrace of the cryptocurrency industry.

The presumptive Republican presidential nominee is due to deliver his speech on July 27 on the main stage of the Bitcoin 2024 event in Nashville, Tennessee, organizer BTC Media LLC said in a statement late Wednesday.

The team said that speeches on the agenda had been rescheduled given the special guest’s confirmation to speak at the conference. 

Trump has made his pro-crypto stance clear throughout his campaign and said on his Truth Social account that “Bitcoin mining may be our last line of defense against a CBDC (Central Bank Digital Currency).”

Trump’s appearance at the conference coincides with the crypto-focused election. The former president started accepting Bitcoin donations in May 2024, supporting cryptocurrency and its utility while setting the stage for crypto policy and regulation in the US. 

Trump has previously said that he wants all Bitcoins to be “Made in the USA.”

At the time of writing, Bitcoin trades at $58,160, up 0.77% on Thursday. 

Author

Ekta Mourya

Ekta Mourya

FXStreet

Ekta Mourya has extensive experience in fundamental and on-chain analysis, particularly focused on impact of macroeconomics and central bank policies on cryptocurrencies.

More from Ekta Mourya
Share:

Editor's Picks

Hyperliquid Price Forecast: Downside risk looms as momentum stretches thin

Hyperliquid price is trading in the red on Monday, stalling after 10% gains last week. HYPE-focused Exchange Traded Funds recorded their fifth consecutive weekly inflows, projecting steady institutional demand. The technical outlook for HYPE warns of potential downside risk as bullish momentum stretches thin.

Cardano Price Forecast: Strengthening momentum points to cautious upside extension

Cardano trades around $0.222 on Monday after rallying over 15% last week. Mixed derivatives data and mildly bullish on-chain metrics point to cautious market sentiment. Meanwhile, strengthening momentum indicators suggest ADA could see further gains if the recovery continues.

Crypto Overview: Bitcoin faces sell wall at $82,850 – Jupiter, Zcash rally

Bitcoin price tumbles below $80,000 on Monday amid improved odds of a rate hike with the robust US employment data. Institutional demand holds firm with crypto-focused Exchange Traded Funds recording nearly $1.25 billion in inflows last week. Jupiter and Zcash extend gains over the last 24 hours, leading the broader crypto market rally.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC consolidates near recent highs, ETH and XRP defend key bullish supports
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) maintain a constructive outlook on Monday after gaining more than 3.4%, 4% and 4.8%, respectively, last week. BTC holds steady near $80,000 while ETH and XRP show resilience and defend key support zones. The price action of these top three cryptocurrencies suggests consolidation or a mild pullback before an upside move.
Bitcoin: Gearing up for a sharp move
Bitcoin (BTC) is trading around $81,000 on Friday, up over 4% so far this week, and awaits a key catalyst that could determine its next directional move. Strong institutional demand is supporting the bullish price action, with spot BTC Exchange Traded Funds (ETFs) on track to record a third straight week of inflows.