Report Trump in negotiations to address Bitcoin 2024 event in July
Former President Trump is making moves to solidify support from the crypto community ahead of the 2024 U.S. election. Axios reports that Trump is currently in discussions to speak at the Bitcoin 2024 convention, scheduled to take place from July 25th to 27th, 2024, in Nashville, Tennessee. This information was shared by two sources familiar with the matter on Monday.
The Bitcoin 2024 event, organized by Bitcoin Magazine, is the largest BTC event of the year and conveniently occurs right after the Republican National Convention. It is worth noting that at the Bitcoin 2020 event in Miami, El Salvador made the groundbreaking announcement of adopting Bitcoin as legal tender. Trump’s potential participation in this event could provide him with a significant platform to communicate his stance on Bitcoin.
This news of Trump’s interest in speaking at the Bitcoin event comes at a time when the crypto industry perceives him as crypto-friendly. In comparison, Biden’s approach to cryptocurrencies was not viewed favorably by the industry, especially before Trump emerged as a strong supporter. Trump’s recent meeting with leading Bitcoin miners in the U.S. further solidified his position, as he expressed his belief that all remaining BTC should be mined in America.
During a recent rally, Trump made a bold statement, promising to end Joe Biden’s “war on crypto” and ensuring that the future of Bitcoin and crypto would be in America. This crypto-friendly stance, along with other pledges, has garnered support from the crypto industry, resulting in on-chain donations to Trump’s campaign. While the exact amount donated in crypto is unknown, the founders of Gemini crypto exchange, Tyler and Cameron Winklevoss, recently contributed $2 million. Prior to their donation, Trump’s campaign had already received approximately $60,000 in on-chain crypto donations. The total on-chain donations currently amount to around $1,749,200, and with off-chain contributions from exchanges soon to be available, this figure is expected to increase.
