{"id":15721,"date":"2024-07-31T13:46:12","date_gmt":"2024-07-31T10:46:12","guid":{"rendered":"https:\/\/forklog.com\/en\/trump-raises-25-million-at-bitcoin-conference-for-campaign\/"},"modified":"2024-07-31T13:46:12","modified_gmt":"2024-07-31T10:46:12","slug":"trump-raises-25-million-at-bitcoin-conference-for-campaign","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/trump-raises-25-million-at-bitcoin-conference-for-campaign\/","title":{"rendered":"Trump Raises $25 Million at Bitcoin Conference for Campaign"},"content":{"rendered":"<p>Former US President Donald Trump amassed $25 million in campaign donations during the Bitcoin 2024 conference in Nashville. This was reported by the event&#8217;s organizer and CEO of Bitcoin Magazine, David Bailey.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">For those of you who didn\u2019t hear it in Trump\u2019s speech, DJT raised $25m in Nashville. His second highest fundraiser ever across three different presidential campaigns. Came from a combo of industry and whales\/OGs.<\/p>\n<p>Warren and her goons talked Dems into committing mass seppuku.<\/p>\n<p>\u2014 David Bailey?? $0.65mm\/btc is the floor (@DavidFBailey) <a href=\"https:\/\/twitter.com\/DavidFBailey\/status\/1818352001073500468?ref_src=twsrc%5Etfw\">July 30, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>During his speech at the event, Trump promised to end the authorities&#8217; war on cryptocurrencies if elected president. He expressed support for mining and the stablecoin segment. The politician reiterated <a href=\"https:\/\/forklog.com\/en\/news\/donald-trump-advocates-for-us-leadership-in-cryptocurrency-industry\">promises<\/a> to commute the sentence of Silk Road founder Ross Ulbricht and release him, as well as to prevent the creation of a CBDC.<\/p>\n<p>According to The Block, a seat at the Saturday &#8220;round table&#8221; with Trump cost $844,600, and a photograph no less than $60,000. Participants included Gemini co-founders Tyler and Cameron Winklevoss, blogger Jake Paul, musicians Kid Rock and Billy Ray Cyrus, as noted by Fox journalist Eleanor Terrett.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">?NEW: So that eye-popping number turned out to be $25M. <a href=\"https:\/\/twitter.com\/BitcoinMagazine?ref_src=twsrc%5Etfw\">@BitcoinMagazine<\/a> CEO <a href=\"https:\/\/twitter.com\/DavidFBailey?ref_src=twsrc%5Etfw\">@DavidFBailey<\/a> confirmed that <a href=\"https:\/\/twitter.com\/realDonaldTrump?ref_src=twsrc%5Etfw\">@realDonaldTrump<\/a> raised $25M at <a href=\"https:\/\/twitter.com\/TheBitcoinConf?ref_src=twsrc%5Etfw\">@TheBitcoinConf<\/a> fundraiser in Nashville.<\/p>\n<p>Some of the attendees included <a href=\"https:\/\/twitter.com\/tyler?ref_src=twsrc%5Etfw\">@tyler<\/a>, <a href=\"https:\/\/twitter.com\/cameron?ref_src=twsrc%5Etfw\">@cameron<\/a>, <a href=\"https:\/\/twitter.com\/KidRock?ref_src=twsrc%5Etfw\">@KidRock<\/a>, <a href=\"https:\/\/twitter.com\/jakepaul?ref_src=twsrc%5Etfw\">@jakepaul<\/a> and <a href=\"https:\/\/twitter.com\/billyraycyrus?ref_src=twsrc%5Etfw\">@billyraycyrus<\/a>. <a href=\"https:\/\/t.co\/bEGHFQ5x5F\">https:\/\/t.co\/bEGHFQ5x5F<\/a><\/p>\n<p>\u2014 Eleanor Terrett (@EleanorTerrett) <a href=\"https:\/\/twitter.com\/EleanorTerrett\/status\/1818361503445336360?ref_src=twsrc%5Etfw\">July 30, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The publication reports that Trump&#8217;s campaign fund revenue from the conference totaled $21 million, with the final amount including $4 million previously raised in cryptocurrencies.<\/p>\n<p>In June, the Winklevoss brothers contributed $2 million in bitcoin to the Republican candidate&#8217;s campaign. Kraken co-founder Jesse Powell donated $1 million &#8220;mostly in ETH.&#8221; Some amounts were returned due to exceeding the $844,600 limit.<\/p>\n<p>Earlier, Bloomberg noted the hopes of crypto companies for Trump&#8217;s election. However, one user pointed out that during his presidency from 2017-2020, there were attempts to ban digital assets, and the head of state criticized cryptocurrencies. In contrast, under Joe Biden&#8217;s administration, spot ETFs based on <a href=\"https:\/\/forklog.com\/en\/news\/sec-approves-all-11-spot-bitcoin-etf-applications\">bitcoin<\/a> and Ethereum were approved, and prosecutions of several projects for securities law violations were halted.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Crypto Score Card<\/p>\n<p>Trump Admin 2017-2020:<br \/>-Tried to ban crypto in the USA<br \/>-Persoanlly trashed crypto repeatedly<\/p>\n<p>Biden\/ Harris Admin 2021-2024:<br \/>-Bitcoin ETF Approval<br \/>-Etherium ETF Approval<br \/>\u2014 Security cases dropped.<\/p>\n<p>The crypto bro amnesia is a side effect to Trump Devotion\u2026<\/p>\n<p>\u2014 Uncle Crypto $BRETT $PEPE $ANDY $TURBO $KASPA $SOL (@last_to_crypto) <a href=\"https:\/\/twitter.com\/last_to_crypto\/status\/1818363230676566491?ref_src=twsrc%5Etfw\">July 30, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe crypto enthusiasts&#8217; amnesia is a side effect of Trump devotion syndrome,\u201d concluded the commentator.<\/p>\n<\/blockquote>\n<p>Following Biden&#8217;s exit from the presidential race, Vice President Kamala Harris emerged as a potential replacement, who is likely to be &#8220;much more open&#8221; to cryptocurrencies, according to billionaire Mark Cuban.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former US President Donald Trump amassed $25 million in campaign donations during the Bitcoin 2024 conference in Nashville. This was reported by the event&#8217;s organizer and CEO of Bitcoin Magazine, David Bailey. For those of you who didn\u2019t hear it in Trump\u2019s speech, DJT raised $25m in Nashville. His second highest fundraiser ever across three [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15720,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1492,991,1280,26],"class_list":["post-15721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-conference","tag-donald-trump","tag-elections","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"26","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/15721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=15721"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/15721\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/15720"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=15721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=15721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=15721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}