Quick take:
David Bailey, the CEO of Bitcoin Magazine and Bitcoin Conference shared the news on X saying Trump “raised $25 million in Nashville.”
Trump promised Bitcoiners that if elected, he would fire SEC chair Gary Gensler on day one.
He also wants the government to establish an official U.S. Bitcoin strategic reserve currency.
The Bitcoin 2024 Conference in Nashville was one of the most awaited crypto events of this month. And just days after the conclusion of the event, it is already being defined as the biggest one yet. There are two more to look forward to, in Amsterdam and Abu Dhabi, before the end of the year. Whether they will be as big or bigger remains to be seen.
What made the Bitcoin 2024 Conference in Nashville stand out was the roaster of speakers, with different spheres of the industry represented, from political to corporate.
The former President of the United States, Donald Trump, and the Republican Party nominee for the 2024 elections presented a keynote speech on July 27. And while the crypto community would have been excited by what he had to say about Bitcoin and crypto overall, Trump too would have been impressed by the backing he received from the community.
According to David Bailey, the CEO of Bitcoin Magazine and Bitcoin Conference, Trump raised $25 million for his campaign. That is his second-highest-ever fundraiser across all three of his presidential campaigns, Baley wrote in an X post.
During his speech, Trump promised to fire SEC chair Gary Gensler on day one. He also wants the US to take the lead in the crypto market before other countries do so. He previously name-checked China after news emerged the Asian nation was planning to unban Bitcoin.
Trump also wants the US government to establish an official U.S. Bitcoin strategic reserve currency and will not sell any Bitcoin already seized by the government. Recently, the German government sold billions of dollars worth of Bitcoin seized from hackers and fraudsters, which saw the BTC/USD price plummet to trade at the lowest level since February.
Yesterday, the US government transferred $2 billion worth of Bitcoin from the Silk Road dark web to an unknown wallet.
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The post Donald Trump Reportedly Bags $25 Million at Bitcoin 2024 Event appeared first on NFTgators .
