Recommended
English
Dark Mode
Register
BTCCNewsMarket Updates

Bitcoin Conference: Major Highlights From The Events

By:W, Leah
Last updated:07/28/2024
Why Trust BTCC
BTCC, a seasoned player in the cryptocurrency sector, has established a solid foundation of credibility through its over a decade of platform operation and profound industry experience. The platform boasts an experienced team of professional analysts who leverage their keen market insights and profound understanding of blockchain technology to offer precise market analyses and investment strategies to users. Furthermore, BTCC adheres to rigorous editorial standards, ensuring that every report and analysis is fact-based, striving for objectivity and fairness, thus providing investors with authoritative insights they can rely on. In the rapidly evolving cryptocurrency market, BTCC stands out as an indispensable partner for numerous investors and enthusiasts due to its stability, professionalism, and forward-thinking approach.

Highlights:

  • The Bitcoin Conference went viral on the internet this week with high profile attendees.
  • Donald Trump and RFK promised to offer support for crypto Industry if elected.
  • Presidential candidate Trump promised to fire SEC Chairman Gary Gensler if elected.

The 2024 Bitcoin Conference which kicked off on Thursday finally concluded on Saturday, featuring thrilling highlights throughout its 3-day run.

BTCC, one of the longest-running crypto exchanges in the world,  supports trading for 300+ cryptocurrencies with leverage ranging from 1Χ to 225Χ. If you want to start trading cryptocurrencies, you can start by signing up for BTCC.

＼Trade On BTCC With 10 FREE USDT!／

Sign Up To Receive Up To 10,055 USDT DEPOSIT BONUS

Political Promises From The Bitcoin Conference

Republican Republican Presidential candidate Donald Trump captivated the Bitcoin Conference’s closing day with a compelling speech, emphasizing his potential crypto-centric policies aimed at attracting crypto enthusiasts.  Among his proposals, Trump vowed to dismiss SEC Chairman Gary Gensler promptly upon assuming office, signaling his determination to reshape crypto regulations.
He praised Bitcoin as a technological marvel embodying the pinnacle of collaboration and success, while taking a swipe at Vice President Kamala Harris, labeling her as radical and highlighting her perceived opposition to cryptocurrency among potential Democratic Presidential candidates.
In parallel, Independent Presidential aspirant Robert F. Kennedy Jr. outlined his vision for the US, including revolutionizing the nation’s perspective on Bitcoin.  Upon taking office, RFK pledged to sign several executive orders integrating BTC into the US economic blueprint.
RFK highlighted that he will direct the Department of Justice and U.S. Marshals to transfer the approximately 200,000 BTC reserve held by the government to the U.S. Treasury. As usual, the lofty plans met with criticism from Peter Schiff.
BTC USDT-margined perpetual futures contract with a leverage of up to 500x is available on BTCC, you can buy BTC anytime on BTCC at the lowest price and highest security. Buy Bitcoin ⇓

BTCC APP DOWNLOAD


Download App for Android Download App for iOS

Institutional Support For Bitcoin And a Macro Scale Price Prediction

At the Bitcoin Conference, the esteemed global financial services giant Cantor Fitzgerald unveiled plans to establish a dedicated Bitcoin financing arm  to give leverage to investors who hold the asset.  According to Howard Lutnick the Chairman of the firm, Cantor Fitzgerald owns a “shit load” of BTC, emphasizing the institution’s unwavering commitment to the cryptocurrency ecosystem.
This announcement underscores the growing appetite among institutional investors for crypto-related offerings, signaling a shift in the financial landscape.
Amidst the conference’s myriad developments, Michael Saylor, the visionary founder of MicroStrategy, expressed his conviction that Bitcoin is poised for a bullish rally.  He shared his long-term prediction for Bitcoin price, including Predictioning that its annual growth rate might slow from 55% to 20% by 2045.  Ultimately, it would drive the value of the coin to a staggering $13 million per unit.

Currently, BTC is trading at $68,664.70, experiencing a modest 0.88% rise over the past 24 hours.  Nevertheless, Optimism lingers that Bitcoin could still see some uptrend later this week and this may stir bullish surge in altcoins as well.

 

＼Trade On BTCC With 10 FREE USDT!／

Sign Up To Receive Up To 10,055 USDT DEPOSIT BONUS

 

Register now to begin your crypto journey

Download the BTCC app via App Store or Google Play

Follow us

Scan to download

BitcoinCryptocurrencyBitcoinBitcoin Price PredictionBitcoin Conference 2024Donald TrumpBitcoin ConferenceConferencesPolitical PromisesInstitutional Backing

Exchange for a better future

SecurityMetrics Credit Card Safe
Products
Services
Guides
About Us
Terms & Agreement
    Customer Service

    Quick Links

    Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

    The world’s longest-running cryptocurrency exchange since 2011 © 2011-2025 BTCC.com. All rights reserved