Donald Trump has gained the support of the digital asset sector after he asserted that a vote for him is a vote for cryptocurrencies.
By Anisha Pandey
Edited by Julia Sakovich
Updated
3 mins read
The former United States president from 2017 to 2021 Donald Trump will be attending the 2024 Bitcoin Conference and raising funds during the events as well. As per a report, the billionaire has invited crypto enthusiasts to come to the conference and attend a roundtable discussion after paying a whopping $844,600.
A report from Bloomberg, citing people who will be attending the 2024 Bitcoin Conference, said that the invitations are a representation of the Trump campaign’s fundraising efforts in Nashville, Tennessee, a state where Republicans have mostly won since the 1950s. It is important to note that the conference will take place from July 25–27, and the former US president will be a speaker.
Along with paying close to a million dollars to be a part of the roundtable, individuals can pay $60,000, and couples can pay around $100,000 for photoshoots with the former president of the US. Some of the high-profile personalities that would be a part of the conference include Trump’s VP choice, Sen. J.D. Vance, R-Ohio; Sen. Bill Hagerty, R-Tenn.; former Republican presidential candidate Vivek Ramaswamy; and Rep. Tulsi Gabbard, D-Hawaii, who confirmed the Bloomberg report.
Further, only 150 donors will be part of the exclusive Bitcoin Conference and will gain a front-row seat to the billionaire’s Bitcoin speech that the crypto sector has been waiting for since it was announced that Trump will be present at the conference.
On the other hand, according to Polymarkets, a decentralized prediction market platform, the chances of Trump winning the 2024 presidential elections stand at 62%, while Joe Biden’s chances have fallen to 7% after the current US president was tested positive for COVID-19.
Kamala Harris, the current vice president of the United States, now has a 22% chance of becoming president, Polymarket confirms. Bets worth $35.4 million have been placed on Trump, $38.5 million on Biden, and $18.95 million on Harris.
Donald Trump has gained the support of the digital asset sector after the billionaire asserted that a vote for him is a vote for cryptocurrencies. In a recent interview with Bloomberg, the billionaire said:
“If I throw it aside, it’s going to be picked up in another country, most likely China – they’re pretty advanced in that sphere. So you have to look at it – what I want, again, is what is good for the country.”
Additionally, billionaire Mark Cuban supported Trump and predicted a thriving digital asset sector under the leadership of the Republican candidate. Moreover, Marc Andreessen and Ben Horowitz, the founders of a16z, declared their support for the former US president as well.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
With a background in finance and a passion for innovation, Anisha has been covering the ever-evolving world of crypto for over four years. Her deep understanding of the crypto market have made her a trusted source for analysis and news. Whether it's dissecting the latest trends or decoding whitepapers, Anisha is dedicated to bringing clarity to the world of digital assets.
