Donald Trump

2024

Bitcoin

President Donald Trump

<h2 id="key-points">Key Points</h2>
<ul>
 <li>Donald Trump is confirmed as a keynote speaker at the Bitcoin 2024 conference.</li>
 <li>The House of Representatives has postponed its vote on overriding President Biden’s SEC veto.</li>
</ul>
<p>Former U.S. President Donald Trump is set to be a keynote speaker at the Bitcoin 2024 conference in Nashville, Tennessee. This conference is one of the largest <a href="https://coineagle.com/price/bitcoin/" rel="noopener noreferrer nofollow">Bitcoin</a> conferences worldwide.</p>
<p>The event is scheduled to be held from the 25th to the 27th of July. The announcement was made by the conference organizers, ‘The Bitcoin Conference’, via a post on X (formerly Twitter).</p>
<h2 id="voting-postponed">Voting Postponed</h2>
<p>Interestingly, the Bitcoin conference coincides with the House of Representatives delaying their vote to override President Joe Biden’s veto on the SEC’s anti-crypto rule, SAB 121. The vote, initially planned for the 10th of July, has been moved to the 11th of July.</p>
<p>The postponement came after an urgent letter from President Biden, leading the House to delay the vote. The contents of the letter remain undisclosed. Representative Patrick McHenry, a critic of the SEC’s rule, expressed disappointment, stating, “We should not be doing business this way.”</p>
<h2 id="trump-vs-biden">Trump vs. Biden</h2>
<p>The divergent actions of the two presidential candidates underscore the split among crypto voters. Trump’s recent pro-crypto move aligns with his supportive stance. In contrast, Biden continues to adopt a stringent stance towards cryptocurrency as the election nears.</p>
<p>The Bitcoin Therapist commented on X, “Donald Trump is going to win the election and #Bitcoin is going to 150K next year. Nothing stops this train.”</p>
<p>The news also significantly affected the crypto meme market. Trump-inspired memecoin Doland Tremp [TREMP] recorded a 2.4% increase in the past 24 hours. On the other hand, the Biden-inspired memecoin Jeo Boden [BODEN] saw a 16.7% decrease in the same period, as per CoinGecko.</p>
<p>Additionally, Polymarket prediction market data on the “Presidential Election Winner 2024” showed Trump leading with 62%, while Biden fell from 17% to 13%, trailing behind Kamala Harris who stood at 14% in the past 24 hours.</p>

Analyst Predicts Trump’s Win to Propel Bitcoin Towards $150K by 2025

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