Fun

Bitcoin conference organizer to raise $15M for Trump campaign: Report

News Feed - 2024-07-16 03:07:54

Turner Wright5 hours agoBitcoin conference organizer to raise $15M for Trump campaign: ReportThe reported fundraiser will come after the Republican National Convention, in which delegates are expected to nominate Donald Trump as the party’s presidential candidate.1569 Total views3 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksOne of the organizers behind a crypto conference former United States President Donald Trump will attend reportedly plans to hold a $15 million fundraiser for his reelection campaign.


According to a July 15 Washington Post report citing people familiar with the matter, Bitcoin Magazine CEO David Bailey will hold a fundraiser for Trump “later this month” — suggesting that it will be at the Bitcoin Conference in Nashville or immediately afterward. The fundraiser will come after Republicans are expected to officially nominate Trump to be the party’s presidential candidate at the Republican National Convention.


The Republican National Convention and Bitcoin Conference — featuring many prominent conservatives, industry leaders and lawmakers — will come amid increasing political tension and violent rhetoric in the United States. On July 13, 20-year-old Thomas Matthew Crooks, a registered Republican, attempted to assassinate Trump, who was speaking to a crowd of supporters at a rally in Pennsylvania.


Trump had announced his appearance at the crypto conference before the attempted assassination but confirmed after the incident that he would still be speaking. The former US president was convicted of 34 felony counts for falsifying business records in May. However, a July opinion issued by a conservative-led Supreme Court could challenge that conviction. Trump’s sentencing was set for September at the time of publication, mere weeks before the US election.‘Wag the dog’ using crypto?


While in office from 2017 to 2021, Trump called cryptocurrencies “not money” and “based on thin air.” He later referred to Bitcoin (BTC) as a scam but seemed to have shifted strategy shortly after announcing his reelection campaign in 2022. As a 2024 presidential candidate, Trump said his campaign would accept crypto and planned to have all remaining BTC mined in the United States.


The Republican contender is expected to announce his vice president pick on July 15 at the Republican National Convention. Cointelegraph reached out to the Trump campaign but did not receive a response at the time of publication.


Related:Chamber of Progress says Biden can ‘still win’ on crypto against Trump


There are 113 days until US election day, and it’s unclear which names will be on the ballots in 2024. Trump still faces possible prison time for his criminal conviction and was found liable for sexual assault and fraud in separate New York civil cases.


Following a June 27 debate between Trump and current US President Joe Biden, some Democratic strategists and lawmakers have called for the president to step down for potential candidates like Vice President Kamala Harris. At 81 years old, potentially serving until 85 should he win a second term, Biden is the oldest person in US history to ever run for president.


Magazine:Crypto voters are already disrupting the 2024 election — and it’s set to continue# Bitcoin# Politics# Business# Conference# United States# Elections# Donald TrumpAdd reaction

News Feed

Nigerian Central Bank Told to Consider Floating the Naira, Recent Interest Rate Hike Slammed
Nigerian Central Bank Told to Consider Floating the Naira, Recent Interest Rate Hike Slammed The Central Bank of Nigeria should be discontinuing the fixed exchange rate system and
Spain’s Tax Authority Sending Notices to 66,000 Cryptocurrency Owners
Spain"s Tax Authority Sending Notices to 66,000 Cryptocurrency Owners The Spanish tax authority has reportedly started sending notices to about 66,000 cryptocurrency owners in th
Ethereum Foundation wallet moves 92K ETH after 7 years
Turner Wright7 hours agoEthereum Foundation wallet moves 92K ETH after 7 yearsThe Ether, worth roughly $290 million at the time of publication, had been at the same address since 2017.3135 Total views2 Total sharesListen
Facebook Buys Stake in Reliance Jio — How the Deal Affects Cryptocurrency in India
Facebook Buys Stake in Reliance Jio — How the Deal Affects Cryptocurrency in India Facebook is buying a stake in Reliance Jio, India’s largest telecom operator. The deal has
Flockerz V2E Meme Coin Presale Closes in 3 Days – Final Chance to Buy Before It Soars on Exchanges
Este artículo también está disponible en español. Flockerz ($FLOCK) meme coin is in the final stages of its presale, which is set to end on January 22. So, all you have i
Users Criticize Uniswap’s Decision to Remove Over 100 Tokens From Main Interface
Users Criticize Uniswap"s Decision to Remove Over 100 Tokens From Main Interface The largest decentralized exchange (dex) platform, in terms of trade volume, Uni
Analyst Warns Of 10% Bitcoin Price Drop Ahead Of CPI Data
Este artículo también está disponible en español. Recently, there have been significant fluctuations in the prices of Bitcoin; presently, they oscillate between $87,000-$
Ethereum price closes in on $4K, but traders’ excessive optimism is a warning sign
Marcel Pechman3 hours agoEthereum price closes in on $4K, but traders’ excessive optimism is a warning signETH price nears the $4,000 level, but derivatives data points to a slightly overheated market.3201 Total views1
Why Is Alchemy Pay (ACH) On The Rise?
Why Is Alchemy Pay (ACH) On The Rise? press release PRESS RELEASE.July has seen a jump in crypto prices, and none more so than the utility token of Alchemy Pay, ACH.
Gensokishi Online Hosts Campaign to Win in-Game Token ROND Whitelist for a Total of $10,000
Gensokishi Online Hosts Campaign to Win in-Game Token ROND Whitelist for a Total of $10,000 press release PRESS RELEASE. GensoKishi Online Metaworld is a GameFi and metaverse incarn
Bitcoin, Ethereum Technical Analysis: BTC Hits 9-Month High, as ETH Moves Above $1,700
Bitcoin, Ethereum Technical Analysis: BTC Hits 9-Month High, as ETH Moves Above $1,700 Bitcoin briefly surged to a nine-month high late on Tuesday, as prices moved above the $26,00
Idaho Warns of Crypto Scams Promising 80% Returns Every 24 Hours
Idaho Warns of Crypto Scams Promising 80% Returns Every 24 Hours The finance department of the U.S. state of Idaho has warned investors of a series of cryptocurrency scams promisin