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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    Volume Plunges While Transactions Soar

    Volume Plunges While Transactions Soar

    Snoop Dogg’s Telegram NFT Drop Sold Out in Half an Hour

    Snoop Dogg’s Telegram NFT Drop Sold Out in Half an Hour

    Snoop Dogg’s TON NFT Launch Could Signal New Narrative for NFT Market

    Snoop Dogg’s TON NFT Launch Could Signal New Narrative for NFT Market

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    Donald Trump Had Said, ‘The US Government Will Not Sell Cryptocurrency From Now On,’ But Something Strange Is Going On — Onchain Data Shows…

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    ‘League of Kingdoms’ Expands Into ‘Arena-Z’ as New Games and Tokens Emerge

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    R-Games and LoveBit Unite to Power ESG-Driven Web3 Gaming

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    Elon Musk’s xAI Launches Waifu Companions for Grok

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    Web3 Meets the Stadium: The Rise of Competitive Ownership

    Can Snoop Dogg’s Telegram Drop Revive a Slumping NFT Market?

    Can Snoop Dogg’s Telegram Drop Revive a Slumping NFT Market?

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    ‘Off the Grid’ Token Hits Solana, More Games Shut Down

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    Why Are So Many Crypto Games Shutting Down? Experts Weigh In

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  • Blockchain
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    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

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    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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    Polyhedra Network launches Proof Cloud in open beta

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  • Guides
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    What Is Copy Trading in Crypto? A Beginner’s Guide

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    Crypto Risk Management Strategies for Trading (2025)

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    What Is Crypto Staking? How to Earn Crypto by Holding It

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    What Is Liquid Staking? How It Works & Why It Matters in Crypto

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    What are Rollups in Crypto? ZK Rollups and Optimistic Rollups Explained

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Donald Trump will win, help Bitcoin reach $150K in 2025 – Analyst

July 12, 2024
in Bitcoin
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Donald Trump will win, help Bitcoin reach $150K in 2025 – Analyst
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  • Donald Trump is set to attend the Bitcoin 2024 conference 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 at the Bitcoin 2024 conference in Nashville, Tennessee.

Bitcoin conference 2024

This prominent event, renowned as one of the largest Bitcoin conferences globally, is scheduled to take place from the 25th to the 27th of July. 

The announcement was made by the conference organizers, ‘The Bitcoin Conference’, through an X (formerly Twitter) post, which stated,

The Bitcoin Conference

Source: The Bitcoin Conference/X

Voting postponed

This event 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 approximately 10:30 AM.

The delay followed an urgent letter from President Biden, prompting the House to defer the vote. However, the specifics of the letter are still unknown.

Expressing frustration on the matter, Representative Patrick McHenry, a vocal critic of the SEC’s rule, stated, 

 “We should not be doing business this way.” 

Trump vs. Biden

These contrasting actions by the two presidential candidates highlight the divide among crypto voters.

On one side, Trump’s recent pro-crypto move aligns with his supportive stance, while on the other, Biden continues to take a harsh stance towards cryptocurrency as the election approaches. 

Remarking on the same, The Bitcoin Therapist took to X and said, 

“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 news also had a significant impact on the crypto meme market. At press time, Trump-inspired memecoin Doland Tremp [TREMP] was up by 2.4% in the past 24 hours.

See also  Bitcoin: LTH sets new record even as BTC moves sideways

Conversely, the Biden-inspired memecoin Jeo Boden [BODEN] was down by 16.7% in the same period, according to CoinGecko.

Additionally, Polymarket prediction market data on the “Presidential Election Winner 2024” showed Trump leading with 62%, while Biden dropped from 17% to 13%, less than Kamala Harris who stood at 14% in the past 24 hours.

Polymarket poll

Source: Polymarket

Next: As Bitcoin [BTC] dominance drops below 55%, is altcoin season here?

READ ALSO

Bitcoin nears $91K as buying pressure soars, but challenges emerge

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  • Donald Trump is set to attend the Bitcoin 2024 conference 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 at the Bitcoin 2024 conference in Nashville, Tennessee.

Bitcoin conference 2024

This prominent event, renowned as one of the largest Bitcoin conferences globally, is scheduled to take place from the 25th to the 27th of July. 

The announcement was made by the conference organizers, ‘The Bitcoin Conference’, through an X (formerly Twitter) post, which stated,

The Bitcoin Conference

Source: The Bitcoin Conference/X

Voting postponed

This event 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 approximately 10:30 AM.

The delay followed an urgent letter from President Biden, prompting the House to defer the vote. However, the specifics of the letter are still unknown.

See also  Bitcoin at $55K: Is a ‘Covid crash’ trend the key to a new rally?

Expressing frustration on the matter, Representative Patrick McHenry, a vocal critic of the SEC’s rule, stated, 

 “We should not be doing business this way.” 

Trump vs. Biden

These contrasting actions by the two presidential candidates highlight the divide among crypto voters.

On one side, Trump’s recent pro-crypto move aligns with his supportive stance, while on the other, Biden continues to take a harsh stance towards cryptocurrency as the election approaches. 

Remarking on the same, The Bitcoin Therapist took to X and said, 

“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 news also had a significant impact on the crypto meme market. At press time, Trump-inspired memecoin Doland Tremp [TREMP] was up by 2.4% in the past 24 hours.

Conversely, the Biden-inspired memecoin Jeo Boden [BODEN] was down by 16.7% in the same period, according to CoinGecko.

Additionally, Polymarket prediction market data on the “Presidential Election Winner 2024” showed Trump leading with 62%, while Biden dropped from 17% to 13%, less than Kamala Harris who stood at 14% in the past 24 hours.

Polymarket poll

Source: Polymarket

Next: As Bitcoin [BTC] dominance drops below 55%, is altcoin season here?
Tags: 150KAnalystBitcoinDonaldReachTrumpWin

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