Bitcoin and Ethereum prices have surged ahead of the Bitcoin Conference 2024, where former President Trump will give a keynote speech on July 27.
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Running from July 25 to July 27 at the Music City Center in Nashville, the conference will also feature Robert F. Kennedy Jr., Russell Brand, and Vivek Ramaswamy. The event has excited the crypto community, with many looking forward to Trump’s views on cryptocurrency, which has boosted Bitcoin and Ethereum prices.
Bitcoin Conference 2024: Key Highlights and Expectations
The three-day Bitcoin Conference 2024, held in Nashville, has garnered significant attention due to its impressive lineup of speakers. The event will feature talks from independent presidential candidate Robert F. Kennedy Jr., political commentator and comedian Russell Brand, and former Republican presidential candidate Vivek Ramaswamy.

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A major highlight of the conference will be Donald Trump’s 30-minute keynote address on Saturday, July 27. His speech is anticipated to resonate with voters and attract support from key cryptocurrency figures like the Winklevoss twins.
Trump’s involvement underscores his growing interest in the cryptocurrency sector. In June, he met with Bitcoin mining companies at his Mar-a-Lago resort and expressed a desire to expand U.S.-based Bitcoin mining operations.
There is speculation among Bitcoin enthusiasts that Trump might use this platform to advocate for the U.S. government to adopt Bitcoin as a “strategic reserve” asset, similar to foreign currencies or oil.

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Cryptocurrency Market Surge Ahead of Trump’s Bitcoin Conference Appearance
Before former President Trump’s appearance at the Bitcoin Conference, the cryptocurrency market experienced a significant upswing. Bitcoin (BTC) rose by 5%, reaching $67,360, while Ethereum saw an over 4% increase, climbing to $3,265.
In addition, the global cryptocurrency market cap grew by 3.96% in the last 24 hours, reaching approximately $2.4 trillion.

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Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

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At the Bitcoin Conference, Donald Trump decided to back out of debates with Kamala Harris. This decision came amid political turmoil involving Joe Biden and the Democratic Party.
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The conference began with a lot of excitement, but Trump’s campaign announced that he would not participate in the debates with Harris. This move followed Harris’s refusal to speak at the conference in Nashville, Tennessee. Trump’s decision to withdraw can be seen as a counter-move after Harris declined to join the event.

Trump Withdraws from Debate with Kamala Harris Amid Political Uncertainty
Former U.S. President and Republican presidential candidate Donald Trump has announced he will not participate in the debate scheduled for September 10. This decision is surprising, as Trump had previously agreed to two debates ahead of the presidential election. The move has caught the attention of many, including those in the crypto community.

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Kamala Harris responded to Trump’s refusal on the social media platform X, mocking him for backing out of the debate despite his earlier agreement.

Kamala Response – Source: X
Trump’s campaign team issued a statement expressing disappointment over the ongoing political chaos involving Joe Biden and the Democratic Party. They explained that details for general election debates cannot be finalized until the Democrats formally choose their nominee. Trump’s communications director, Steven Cheung, stated, “Given the continued political chaos surrounding Crooked Joe Biden and the Democrat Party, general election debate details cannot be finalized until Democrats formally decide on their nominee.”

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The statement also noted that some Democrats, including Barack Obama, believe Harris may not be able to defeat Trump, and the party is still deliberating on their presidential nominee. Therefore, Trump and his team feel it would be inappropriate to schedule debates with Harris while the Democrats are potentially reconsidering their candidate.
Trump to Speak at Bitcoin Conference Amid Crypto Donations
Donald Trump is scheduled to speak at the Bitcoin Conference, where he has already received over $4 million in crypto donations for his re-election campaign from industry leaders. The conference has also seen notable attendees such as Robert F. Kennedy Jr. and Senator Cynthia Lummis.

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Kamala Harris recently declined an invitation to speak at the Bitcoin Conference. Her refusal drew criticism, with some accusing the Democratic Party of missing out on an important crypto-focused election. Following her decision, Harris released her first election ad, further emphasizing her campaign’s direction despite rejecting the conference’s proposal.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

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Recently, Chainlink (LINK) hasn’t been able to maintain the strong gains it had at the beginning of the year. Last week, for example, the coin struggled to gain momentum as buyers couldn’t fully take control.
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However, a well-known crypto analyst has spotted a bullish pattern on Chainlink’s price chart, suggesting that the recent price inconsistencies might soon come to an end.

Chainlink Price Could Rise to $19: Analyst’s Bullish Prediction
Prominent crypto analyst Ali Martinez has recently shared an optimistic outlook for Chainlink (LINK) via a post on X. Despite recent struggles, Martinez believes that LINK could experience a significant price turnaround in the coming weeks.

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Martinez’s bullish prediction is based on the formation of an inverse head and shoulders pattern on Chainlink’s four-hour price chart. This technical analysis indicator features a central “head” (a lower low) flanked by two “shoulders” (one lower low and one higher low). This pattern is widely recognized as a signal for a potential trend reversal from bearish to bullish.
According to Martinez, for Chainlink to potentially reach $19, it needs to break above the neckline of the pattern, which is around the $15 level. Achieving this would represent nearly a 50% increase from its current price, providing a substantial boost for investors who have seen the altcoin linger below this level for the past two months.
Chainlink Price Update: Recent Gains and Weekly Performance

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As of this writing, Chainlink (LINK) has seen a slight increase, rising just above $13.50, which represents a 3.6% gain in the last 24 hours. However, this recent uptick is not enough to counterbalance the token’s losses over the past week.
Data from CoinGecko reveals that LINK has declined by 3% over the past seven days. Despite this recent dip, Chainlink remains a significant player in the cryptocurrency market, holding a spot among the top 20 assets with a market capitalization exceeding $8.2 billion.

Source: LINKUSDT chart on TradingView

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Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

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As Bitcoin’s price has risen back to $67,000, mid-cap altcoins have shown a strong bullish turnaround. Memecoins have also followed this trend, significantly increasing in value.
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In this article, we highlight the top 2 memecoins that could lead the memecoin craze in the upcoming crypto bull run.

WIF Memecoin Price Analysis and Market Outlook
Amid growing bullish sentiment, the WIF memecoin has seen a notable price increase of 6.79% over the past week and 29.49% in the last 30 days. With a year-to-date return of 1,598% and a market cap of $2.591 billion, WIF holds the 33rd position on the global crypto list.

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TradingView: WIF/USDT
However, technical indicators present a mixed outlook. The Simple Moving Average (SMA) has shown a bearish crossover on the daily time frame, while the MACD indicator reveals a consistent decline with neutral averages. This suggests weak price action for the memecoin in the current market.
If the market gains momentum, WIF’s price could break through its resistance level and rise towards its upper target of $4. Conversely, if bearish trends continue, the price could fall to its lower support level of $2.
 

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Bonk Memecoin Price Analysis and Market Outlook
Bonk, the second most successful memecoin on the Solana chain, has increased by 22.37% over the past 30 days and surged approximately 110% this year. The memecoin has tested its key support level of $0.0000270, signaling strong bullish sentiment.

TradingView: BONK/USDT
The Relative Strength Index (RSI) has recently retested its mid-point and is nearing a bullish crossover on the daily time frame. This suggests a high likelihood of a bullish reversal in the coming weeks

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If the market maintains the BONK price above its crucial support level of $0.0000270, it may rise towards its upper resistance level of $0.00003390. However, if bearish trends prevail, the price could drop to its lower support level of $0.00002125.

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If re-elected, former President Donald Trump has big plans for cryptocurrency. On his first day back in office, he promises to fire SEC Chair Gary Gensler and bring in a new leader who supports crypto innovation. Trump aims to create a national Bitcoin stockpile and make the U.S. a top center for Bitcoin mining.
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He’s also against Central Bank Digital Currencies (CBDCs) and wants to commute Ross Ulbricht’s sentence. Trump is pushing to end what he calls the current “anti-crypto crusade” by regulators
Trump’s Bold Crypto Vision Revealed at Bitcoin Conference 2024
At the Bitcoin Conference 2024, Donald Trump outlined an ambitious plan for cryptocurrency, aiming to reshape the U.S. approach to digital assets. Trump’s speech struck a chord with the crypto community as he pledged significant reforms starting on his first day in office if re-elected.

Trump’s speech at Bitcoin Conference 2024. Source: X

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Trump promised to remove SEC Chair Gary Gensler immediately and replace him with a new leader who supports innovation in the crypto space. He criticized Gensler and Vice President Kamala Harris for their stance on cryptocurrency, calling Harris a “low IQ individual” for backing Gensler and opposing crypto.
Among Trump’s plans is the creation of a national Bitcoin stockpile, with the U.S. government retaining 100% of its Bitcoin holdings. He also aims to make the U.S. a major hub for Bitcoin mining, seeking to prevent miners from moving to China. Trump’s vision includes turning the U.S. into the “crypto capital of the planet” and a “Bitcoin superpower.”
Trump’s Strong Stance Against CBDCs and Pro-Crypto Vision
Donald Trump took a firm stand against Central Bank Digital Currencies (CBDCs) in his speech, declaring, “There will never be a CBDC while I am President of the United States.” He also reiterated his commitment to commuting Ross Ulbricht’s sentence, showing his support for the Bitcoin community. Trump criticized the current U.S. government, arguing, “Bitcoin is not threatening the dollar, the current U.S. government is threatening the dollar.”

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Trump made bold predictions about Bitcoin’s future, suggesting it could exceed the market cap of gold. He advised against selling Bitcoin, forecasting a surge in its value if he were elected president. “Crypto is going to the moon. I want America to lead the way,” he stated.
Additionally, Trump outlined his plan to draft progressive crypto regulations through a specialized committee. He promised to dismantle Operation Chokepoint and end what he called the “anti-crypto crusade.” His remarks reflect a significant shift towards a pro-crypto agenda, aiming to strengthen the U.S.’s role in the global digital economy.

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Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

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In a bid to improve relations with the cryptocurrency sector, Vice President Kamala Harris’s advisers have made significant efforts to reconnect with key figures in the crypto world. Recent reports from the Financial Times reveal that Harris’s team has reached out to major players in the industry.
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This outreach includes contacts with prominent cryptocurrency exchange Coinbase, stablecoin issuer Circle, and blockchain payments company Ripple Labs. These moves are part of a broader strategy to mend strained ties between the Democratic party and the cryptocurrency industry.
Harris’s Outreach Aims to Build Positive Relations with Crypto Sector
Vice President Kamala Harris’s team is making a concerted effort to repair and strengthen ties with the cryptocurrency industry. The goal is to foster a more constructive dialogue and establish a regulatory framework that supports the industry’s growth. This outreach comes as the crypto sector has increasingly aligned itself with Harris’s rival, Donald Trump, and in response to growing criticism of the Biden administration’s handling of digital assets.

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The initiative follows a letter from Democratic members of the US House of Representatives and 2024 candidates, urging the party to reevaluate its approach to the digital asset industry. The letter emphasizes the need to move away from a stance perceived as hostile.
Advisers to Harris have clarified that this outreach is not mainly aimed at securing electoral contributions but is focused on building a positive relationship with the crypto sector. The objective is to develop a regulatory framework that supports the growth and stability of digital assets, which would benefit the broader financial ecosystem.
Additionally, Harris’s efforts are part of a broader strategy to reshape the Democratic Party’s image among business leaders. The campaign aims to counter the perception that Democrats are anti-business, a sentiment exacerbated by the administration’s antitrust actions against tech companies. By promoting a message of being “pro-business, responsible business,” Harris seeks to demonstrate the party’s commitment to creating a favorable business environment.

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Trump’s Newfound Crypto Support Boosts Campaign Funding
Donald Trump, who previously expressed skepticism towards cryptocurrencies, has recently become a prominent advocate for the sector. His shift in stance was highlighted by his keynote speech at the Bitcoin conference in Nashville on July 27, where he emphasized his newfound support for the industry.
This change has significantly increased his backing from the crypto community, making it a crucial source of funding for his re-election campaign. Pro-crypto super PAC Fairshake, which supports Trump, has raised over $200 million from major backers like Coinbase, Ripple, and venture capital firm Andreessen Horowitz. Additionally, Trump’s campaign has received approximately $3 million in cryptocurrency donations since he announced his willingness to accept digital assets.

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This financial support reflects the growing influence of the crypto industry in the upcoming US election and underscores its role in shaping political funding dynamics.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

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As the US presidential elections get closer, the outcome could greatly affect the future of cryptocurrency. The main candidates are Republican Donald Trump, Democrat Kamala Harris, and independent Robert Kennedy.
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Although Kennedy is currently polling low, his support for cryptocurrencies could make Bitcoin’s future look bright if he wins. His pro-crypto policies might boost Bitcoin and create a more positive outlook for digital assets.

Kennedy’s Potential Impact on Bitcoin if Elected
Robert Kennedy Jr., the independent presidential candidate, has shown strong support for cryptocurrencies, especially Bitcoin. His proposed policies include backing the American dollar with precious metals and Bitcoin if elected. Kennedy also promises to enable public control over digital wallets, passwords, and nodes, and to initiate a government Bitcoin purchasing program. These positions are seen as radical yet positive for the crypto community.

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Currently, Kennedy is trailing behind major candidates Donald Trump and Kamala Harris, who each have over 40% of voter support, while Kennedy holds less than 10%. Despite his low polling numbers, analysts find his potential presidency intriguing. If Kennedy were to win, it could significantly boost confidence in Bitcoin, potentially leading to increased buying activity and driving prices higher. However, this scenario remains speculative given his current standing.
Implications of US Presidential Candidates on the Crypto Market
Different US presidential candidates bring varied implications for the cryptocurrency market. Donald Trump has recently adopted a more favorable view towards cryptocurrencies, which could drive positive sentiment if he is elected. Conversely, Kamala Harris is expected to maintain the current administration’s cautious approach towards digital assets. Investors and market participants are closely monitoring how these positions might influence regulatory frameworks and market performance.

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Robert Kennedy Jr., an independent candidate, not only supports but also personally invests in Bitcoin. After the Bitcoin 2023 conference in Miami, he bought two Bitcoins for each of his seven children when the cryptocurrency was priced around $27,000. This personal investment of nearly $380,000 has more than doubled in value with current market conditions, highlighting his commitment to Bitcoin and belief in its potential.
In summary, the upcoming US presidential elections could have significant implications for the cryptocurrency market. Although Kennedy’s current low polling numbers make his victory seem unlikely, his pro-crypto policies could infuse the market with optimism and bullish sentiment if implemented. Meanwhile, Trump’s and Harris’s contrasting positions further complicate the potential outcomes for the crypto industry. The results of the elections are expected to play a crucial role in shaping the future of digital assets in the United States.

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Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

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According to Santiment data, social media mentions of “Bitcoin” are currently more positive than they have been in the past 16 months. This positive shift in sentiment aligns with Bitcoin’s recent price rebound, which has improved traders’ feelings to levels not observed in over a year.
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This trend is based on the tracking of positive and negative comments about Bitcoin across social media platforms.
Bitcoin’s Price Rally Boosts Social Media Sentiment to 16-Month High
Santiment reported on July 27 that Bitcoin’s recent 20% price rally over the past three weeks has significantly increased traders’ bullish sentiment. Currently, Bitcoin (BTC) is trading at $67,708, up 6.22% since July 25, according to CoinMarketCap data.

Source: X/Santiment

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The firm highlighted that its Weighted Sentiment Index, which measures Bitcoin mentions on X and compares positive to negative comments, has reached a 16-month high in positive sentiment. The ratio of positive versus negative comments about BTC has surged to its highest level since March 2023, as Bitcoin’s all-time high comes back into focus.
Surge in Bitcoin Sentiment Following Trump’s Speech and New Legislation
The recent spike in positive sentiment around Bitcoin has been fueled by anticipation leading up to former US President Donald Trump’s speech at the Bitcoin 2024 Conference in Nashville on July 27. Trump outlined his vision to transform the US into the “Crypto capital of the world” and predicted that Bitcoin might one day surpass gold in value. He praised Bitcoin as “not just a marvel of technology, but a miracle of cooperation and human achievement.”

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In the wake of Trump’s speech, pro-crypto Senator Cynthia Lummis introduced a bill proposing a “strategic Bitcoin reserve.” This bill suggests that the US government should acquire 5% of the world’s Bitcoin supply and hold it for at least 20 years.
Additionally, the Crypto Fear and Greed Index has reflected this growing optimism, showing a “Greed” score of 71, which is up 24 points since June 28.
Bitcoin Sentiment Shift: From Fear to Greed in Just One Month
Just a month ago, the Weighted Sentiment Index revealed a surge in negative comments about Bitcoin, coinciding with its price being 4% lower at around $65,000 on June 21. Santiment noted on June 20 that this extended period of fear, uncertainty, and doubt (FUD) was unusual, with traders showing signs of capitulation.

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The prevailing sentiment at that time was one of fear or disinterest, as Bitcoin’s price fluctuated between $65,000 and $66,000. This shift contrasts sharply with the current positive sentiment and price surge, highlighting a significant change in market perception over the past few weeks.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

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Aave’s price has jumped 15% thanks to a new governance proposal and a potential fee switch. The fee switch plan aims to collect transaction fees and use them to buy back AAVE tokens. This strong upward trend and positive market sentiment suggest that AAVE could potentially reach $200.
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The price of Aave (AAVE), the governance token for the Aave lending protocol, has surged 15% in the last 24 hours to $103. This increase is due to a new governance proposal that might bring in a fee switch and a token buy-back program. This has raised speculation that Aave’s price could soon reach $200.
Aave’s Price Surge Driven by Fee Switch Proposal
The recent spike in Aave’s price is fueled by excitement over a new AAVE fee switch proposal. Mark Zeller, founder of the Aave-Chan Initiative, highlights that this proposal could significantly alter how the Aave protocol generates revenue. The plan involves introducing a system to collect transaction fees and use those funds to buy back AAVE tokens from the market.

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If the proposal is approved, it could potentially generate around $60 million in annual revenue for AAVE holders. Currently, Aave, a leading DeFi lending platform, has over $12 billion in total value locked (TVL).
Following the announcement of these potential protocol changes, market activity has increased. Predictions suggest AAVE might rise to $0.0113 in the next 24 hours. Although AAVE’s price is currently at $100, technical analysis indicates possible gains to $110 in the short term and $130 in the mid-term.
Aave’s Strong Performance and Future Potential
AAVE has seen a 35% increase over the past year, indicating a strong upward trend. The token is currently trading above its 200-day simple moving average, which suggests significant growth potential. With 18 of the last 30 days showing positive momentum, market sentiment remains optimistic.

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Aave benefits from high liquidity and a substantial market cap, contributing to its trading stability and attractiveness. Despite being 85% below its all-time high of $661, AAVE has outperformed 61% of the top 100 cryptocurrencies over the past year, even surpassing Bitcoin and Ethereum. The positive sentiment from the AAVE fee switch proposal, combined with a low annual inflation rate of 2.29%, suggests that AAVE could potentially reach $200.
However, if the market becomes bearish and the AAVE price drops to $80, the next key support level is at $67. At this level, 16,380 addresses hold $1.19 million worth of AAVE tokens, which are still in profit. Investors should closely monitor these developments to navigate potential future price shifts.

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Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

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Kamala Harris’s campaign team is reportedly contacting major crypto companies like Ripple, Coinbase, and Circle to build better relationships with the crypto industry. This effort aims to strengthen ties between the Democratic Party and the cryptocurrency sector.
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In contrast, Donald Trump has already received substantial donations and support from the crypto industry for the 2024 presidential election.

Harris Campaign Talks Crypto Amid Election Tensions
US Vice President Kamala Harris’ advisors have reached out to major crypto companies, including Ripple, Coinbase, and Circle, according to a report by the Financial Times on July 27. The campaign team is seeking meetings with these companies in the coming days to improve relations between the Democratic Party and the cryptocurrency industry.

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This move follows strong support for Donald Trump from the crypto community and criticism of the Biden Administration’s policies. Crypto experts have warned that anti-crypto stances could negatively impact the Democratic Party’s chances in the presidential election. Prediction markets have also shown a decline in Joe Biden’s odds of winning due to crypto-focused campaigns.
Despite these developments, Harris’ campaign has emphasized that the outreach to crypto companies is not primarily aimed at securing new donations. Instead, the campaign seeks to convey that the Democrats are supportive of “pro-business, responsible business” practices. It is worth noting that Ripple and Coinbase have already contributed millions to pro-crypto PACs.

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Donald Trump Boosts Pro-Bitcoin Campaign at Nashville Conference
Donald Trump is attending the Bitcoin Conference in Nashville, Tennessee, today to bolster contributions for his pro-Bitcoin election campaign. His presence is part of a broader strategy to attract support from the cryptocurrency community.
High-profile tech investors Marc Andreessen, Ben Horowitz, and David Sacks, who have previously supported Democratic candidates, have endorsed Trump. They have criticized President Joe Biden and SEC Chair Gary Gensler for their regulatory actions against the crypto industry. “They have just fought us every step of the way, and using very nefarious means,” Horowitz said.

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Trump’s pro-growth agenda includes extending expiring tax cuts, deregulating industries, and supporting startups, with a particular focus on artificial intelligence and cryptocurrency. Ripple Labs CEO Brad Garlinghouse has subtly cautioned Kamala Harris about the potential political risks of anti-crypto positions, suggesting that the Democrats could face challenges due to their stance.
Additionally, BitGo CEO Mike Belshe is hosting a fundraiser for Trump’s campaign, featuring Republican vice-presidential nominee JD Vance as a special guest.

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Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

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