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Reading: Bitcoin’s Price Surges Above $67,000 Amid Strong Political Support
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BBN > Romania > Crypto Business > Bitcoin’s Price Surges Above $67,000 Amid Strong Political Support
RomaniaCrypto Business

Bitcoin’s Price Surges Above $67,000 Amid Strong Political Support

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Last updated: 26/07/2024 17:55
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pretul bitcoin peste 67 000 pe fondul unui sprijin politic puternic 66a3b8cd086ea
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okat că investiția guvernului în Bitcoin ar putea consolida poziția SUA în viitorul economiei digitale și ar putea oferi o protecție împotriva inflației.

Campania lui Trump în criptomonede
În același timp, campania fostului președinte Donald Trump a strâns peste $4 milioane în criptomonede, inclusiv Bitcoin și Ethereum. Această mișcare arată creșterea interesului politic pentru criptomonede și creșterea acceptării lor în rândul unui public mai larg.

Perspectivele Bitcoin
Cu sprijinul politic crescând și mai mulți investitori instituționali intrând pe piață, prețul Bitcoin este probabil să continue să crească. Cu toate acestea, volatilitatea rămâne o problemă majoră și investitorii ar trebui să fie pregătiți pentru fluctuații semnificative pe termen scurt.

The Case for Bitcoin as a Government Reserve Asset

It is widely believed that Bitcoin is an honest currency, based on proof of work, and everything is on a decentralized ledger, which is exactly what democracy needs.

Kennedy’s Bold Plan for Bitcoin

A massive allocation of Bitcoin would align with Kennedy’s previously announced plans to support both the government currency and debt with strong currencies, including gold, silver, platinum, and BTC as viable investments.

Kennedy has stated that he wants the federal government to start buying Bitcoin until reserves reach the equivalent of gold during his term. If this were to happen, the US would become the largest holder of Bitcoin by current standards.

On X, Kennedy reposted Michael Saylor’s post about him, highlighting his plans regarding Bitcoin in the US.

Trump’s Campaign – Over $4 million in Bitcoin and Crypto

Meanwhile, according to the latest reports from CNBC, Trump’s campaign has raised over $4 million in Bitcoin and crypto, according to an advisor.

Trump’s Fundraising Committee Raises Over $118 Million

Between April 1 and June 30, the total for Trump’s joint fundraising committee reached over $118 million. Crypto billionaires Tyler and Cameron Winklevoss led the initiative, with each contributing 15.57 BTC valued at approximately $1 million at the time of the donation.

Trump to Speak at The Bitcoin Conference in Nashville

It is worth noting that Donald Trump will be present at The Bitcoin Conference in Nashville this Saturday, July 27, to deliver the keynote speech. Trump is the first major presidential candidate in the US to accept crypto donations and has shown increased support for the industry in 2024.

As reported by CNBC, Trump has pledged to defend the rights of those who choose to hold their coins in self-custody, meaning they do not rely on centralized entities and use crypto wallets. Brian Hughes, Trump’s senior advisor, stated that the crypto industry is “under attack” and criticized the current administration.

The Impact of Government Regulations on Innovation

Government regulations can have a significant impact on innovation by stifling creativity and increasing costs for businesses. When regulations are too burdensome, they can hinder the development of new technologies and ideas.

Trump’s Support for American Leadership in Emerging Technologies

It has been suggested that Trump is ready to promote American leadership in emerging technologies, including Bitcoin. This support could help drive innovation and growth in the tech industry, positioning the United States as a global leader in the field.

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