- Donald Trump is ready to attend the Bitcoin 2024 convention as a keynote speaker.
- The House of Representatives has postponed its vote on overriding President Biden’s SEC veto.
Former U.S. President Donald Trump has been confirmed as a keynote speaker on the Bitcoin 2024 conference in Nashville, Tennessee.
Bitcoin convention 2024
This distinguished occasion, famend as one of many largest Bitcoin conferences globally, is scheduled to happen from the 25th to the 27th of July.
The announcement was made by the convention organizers, ‘The Bitcoin Conference’, by means of an X (previously Twitter) submit, which acknowledged,
Source: The Bitcoin Conference/X
Voting postponed
This occasion coincides with the House of Representatives postponing their vote to override President Joe Biden’s veto on the SEC’s anti-crypto rule, SAB 121.
Originally set for the 10th of July, the vote has been rescheduled to the 11th of July, at roughly 10:30 AM.
The delay adopted an pressing letter from President Biden, prompting the House to defer the vote. However, the specifics of the letter are nonetheless unknown.
Expressing frustration on the matter, Representative Patrick McHenry, a vocal critic of the SEC’s rule, acknowledged,
“We should not be doing business this way.”
Trump vs. Biden
These contrasting actions by the 2 presidential candidates spotlight the divide amongst crypto voters.
On one facet, Trump’s current professional-crypto transfer aligns along with his supportive stance, whereas on the opposite, Biden continues to take a harsh stance in the direction of cryptocurrency because the election approaches.
Remarking on the identical, The Bitcoin Therapist took to X and mentioned,
“Donald Trump is going to win the election and #Bitcoin is going to 150K next year. Nothing stops this train.”
Impact on memecoin and prediction market
This information additionally had a major impression on the crypto meme market. At press time, Trump-inspired memecoin Doland Tremp [TREMP] was up by 2.4% in the previous 24 hours.
Conversely, the Biden-inspired memecoin Jeo Boden [BODEN] was down by 16.7% in the identical interval, in accordance with CoinGecko.
Additionally, Polymarket prediction market knowledge on the “Presidential Election Winner 2024” confirmed Trump main with 62%, whereas Biden dropped from 17% to 13%, lower than Kamala Harris who stood at 14% in the previous 24 hours.
Source: Polymarket
