At the Bitcoin Conference 2024, held in Nashville from July 25-27, former President Donald Trump’s remarks on Bitcoin stirred significant interest and optimism among attendees.
The event saw a noticeable rise in Bitcoin’s price, fueled by the anticipation that Trump might advocate for Bitcoin to become a strategic reserve asset.
Oppenheimer analysts said in a note Monday that “the vibe was upbeat because, regardless of what he was going to say, his presence alone was touching for a lot of bitcoiners/voters.”
The bank said that Trump’s announcement regarding his vision of a strategic national Bitcoin reserve, along with his favorable comments on stablecoins and opposition to Central Bank Digital Currencies (CBDCs), was a key highlight of the conference.
Adding to the momentum, Senator Lummis also unveiled plans to introduce a strategic Bitcoin reserve bill.
Analysts…
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