Donald Trump will speak at the Bitcoin 2024 conference in Nashville, Tennessee.
The Bitcoin Coinferene revealed this in an announcement early Thursday.
Trump related meme coins surged amid the news.
The organizer of the Bitcoin 2024 conference has announced that former US President Donald Trump will be one of the speakers.
Bitcoin 2024 is set to take place in Nashville, Tennessee from July 25 to July 27. This is one of the biggest bitcoin conferences in the world and will see Trump join a roster of top Bitcoiners at a time crypto is increasingly a top topic for politicians.
News that the former president will attend and speak at the conference comes a few weeks after it was revealed that Trump had eyes on the event. The Republican Party nominee met Bitcoin miners at his Mar-a-Lago home in June and advocated for the US becoming the top BTC mining country.
In recent months, the Trump campaign has accepted political donations in crypto. Some of the top Bitcoin and crypto donations have come from Gemini founders Cameron and Tyler Winklevoss and Kraken co-founder Jesse Powell.
Apart from Trump, Bitcoin 2024 will have Robert F. Kennedy Jr., Vivek Ramaswamy and Senator Bill Hagerty among the speakers.
TrumpCoin (DJT) soars
The announcement that Donald Trump will speak at Bitcoin 24 has sparked considerable gains for meme coins – particularly political meme coins.
While not affiliated to the former US president, these PolitiFi tokens have surged as traders bet on the Republican Party candidate’s chances of winning in November’s election.
One of the top gainers in the politics related meme coins is TrumpCoin (DJT), which was up more than 20% in the past 24 hours. MAGA Hat is also seeing a notable price gain as most tokens battle to shake off bears.
Meanwhile, Bitcoin has returned above $58,000 after reclaiming the $57k level. However, bears continue to cycle as selling pressure from the German government continues.
On Thursday, on-chain data showed the German government’s wallet had sent another 2,375 BTC worth approximately $137.8 million to exchanges, including Kraken, Bitstamp and Coinbase.
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