Investing.com — The annual Bitcoin conference held in Nashville last week made waves with a series of high-profile promises and announcements. The event that bills itself as the world’s largest forum of crypto fans marked the largest gathering to date, attracting over 20,000 attendees, investment bank Jefferies said in a research report.
The conference saw massive political participation, with Donald Trump and multiple Republican politicians, as well as a handful of Democrats, in attendance. Jefferies noted that Trump’s promises to appoint crypto-friendly regulators could tie the near-term price of Bitcoin to the outcome of the US Presidential election.
Trump pledged to create a crypto industry presidential advisory council and make the US the “crypto capital of the planet.”
Turning to the fundamentals, Jefferies analysts cut Marathon Digital’s (NASDAQ🙂 target to $21.57 from $22 per share and lifted Argo Blockchain’s…
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