2024-07-12 04:52:55
- Donald Trump will attend the Bitcoin conference 2024 as a keynote speaker.
- The House of Representatives postponed its vote to override President Biden’s veto of the SEC.
The former President of the United States, Donald Trump, has been confirmed as the main speaker at the Bitcoin Conference 2024 in Nashville, Tennessee.
Bitcoin Conference 2024
This prominent event, recognized as one of the largest Bitcoin conferences in the world, is scheduled to take place from July 25 to 27.
The organizers of the conference, ‘The Bitcoin Conference’, made the announcement via a post on X (formerly Twitter), which read:
Source: Bitcoin/X Conference
The vote has been postponed
This event coincides withThe House of Representatives adjourns his vote to override President Joe Biden’s veto of the SEC’s anti-currency rule, SAB 121.
First established for July 10, the vote has been rescheduled for July 11, at approximately 10:30 AM.
The delay came after an urgent letter from President Biden, prompting the House to postpone the vote. However, the details of the letter remain unknown.
Expressing frustration over the issue, Representative Patrick McHenry, a vocal critic of the SEC rule, said:
“We shouldn’t do business this way.”
Trump against Biden
These contrasting actions by the two presidential candidates highlight the divide among crypto voters.
On the one hand, Trump’s recent decision in favor of cryptocurrencies is aligned with his support position, while on the other hand, Biden continues to take a tough stance towards cryptocurrencies as the election approaches.
Looking at the same,
“Donald Trump is going to win the elections and #Bitcoin is going to hit 150,000 next year. Nothing stops this train.”
Impact on the memecoin market and predictions
This news also had a significant impact on the cryptocurrency meme market. At the time of publication, the memecoin was encouraged Donald Trump [TREMP] rose 2.4% in the last 24 hours.
On the contrary, the memecoin inspired by Biden Boden ate [BODEN] fell 16.7% in the same period, according to CoinGecko.
Moreover, Polymerket Data from the “Winner of the 2024 Presidential Election” prediction market showed Trump ahead with 62%, while Biden fell from 17% to 13%, less than Kamala Harris
which stood at 14% in the last 24 hours.
Source: Polymarket
This is an automatic translation of our English version.
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