Donald Trump Raises $25M From Bitcoin Conference 2024

Last updated:07/31/2024
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Donald Trump has reportedly garnered a staggering $25 million in fundraising efforts at the prestigious Bitcoin Conference 2024 held in Nashville. This monumental achievement underscores the escalating support he enjoys within the cryptocurrency community, serving as a testament to the substantial financial backing he has amassed for his reelection bid. The event boasted an impressive attendance, featuring prominent personalities from both the cryptocurrency and entertainment sectors, indicative of widespread enthusiasm and support.

Donald Trump Receives $25M Funding In Bitcoin Conference

Journalist Eleanor Terrett from Fox disclosed that President Trump had achieved remarkable fundraising success at the Bitcoin Conference. In her report, She reported, “Bitcoin Magazine CEO David Bailey confirmed that Donald Trump raised $25M at The Bitcoin Conference 2024 fundraiser in Nashville.” This colossal amount underscores the immense financial capability and fervent support he enjoys from the cryptocurrency community.

Furthermore, the event garnered the attention of numerous celebrities and influencers, including Tyler and Cameron Winklevoss, Kid Rock, Jake Paul, and Billy Ray Cyrus. Their attendance underscores Trump’s wide-ranging appeal, transcending industries and demographics. This prestigious backing is instrumental as he gears up for his reelection campaign, adding momentum to his efforts.

Previous reports had already hinted at Trump’s strong footing within the cryptocurrency industry, with indications that the Bitcoin Conference had amassed between 30millionand50 million, with aspirations to reach $100 million by November. This lofty target underscores the profound faith in Trump’s campaign to secure substantial financial contributions from the vibrant crypto ecosystem.

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Crypto Influence On Politics

The substantial funds garnered at the Bitcoin Conference underscore the burgeoning influence of the cryptocurrency industry in financing political campaigns. Donald Trump’s adeptness in securing such noteworthy contributions from this sector signifies a strategic congruence with the aspirations of cryptocurrency enthusiasts. This endorsement is pivotal, as the crypto community yearns for favorable regulatory frameworks and recognition within the political landscape.

Eleanor Terrett emphasized that the event’s success bodes well for even more impressive financial milestones in the upcoming months. The conference transcended as a mere fundraising platform; it evolved into a pivotal networking hub for influential players in both the crypto and political realms. This convergence of interests portends significant implications for shaping future political strategies and innovating campaign funding methodologies.

Trump’s fundraising prowess at the Bitcoin Conference underscores his appeal to a diverse and financially potent supporter base.  The $25 million raised is a testament to his campaign’s effective outreach and the crypto community’s readiness to back candidates who advocate for their interests.  As November approaches, all eyes will be on whether Donald Trump can hit the ambitious $100 million target.

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Step One: go to the BTCC homepage and log in to your BTCC account. If you do not have an account, you need to register first.

Step Two: on the BTCC official homepage, choose “Deposite” > “Fiat Deposit”, and then fund your account.

Step Three: go back to the BTCC official homepage, choose “Futures” -“USDT-M Perpetual Futures Contract”, and find BTC/USD trading pair.

You can also directly click the button below to enter the BTC order page.

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  • Market Order: users place orders at the best price in the current market to achieve fast trading.
  • Limit Order: Limit orders are a type of order to buy or sell futures at a price more favourable than the market price. When you buy at a price lower than the market price or sell at a price higher than the market price, the order will be in the form of a limit order.
  • SL/TP Order: SL/TP orders are a type of order to buy or sell futures at a price less favourable than the market price. When you buy at a price higher than the market price or sell at a price lower than the market price, the order will be in the form of a SL/TP order.

Step Five: adjust the leverage multiple.

Please keep in mind that operating leverage carries the risk of liquidation. Leverage should be adjusted based on your financial status and risk tolerance.

Step Six: choose the lot size and set the SL/TP price .

Step Seven: after setting the basic data information, users can choose to buy (open long) or sell (open short) after entering their ideal price. Traders should remind that the price cannot be higher or lower than the highest buying price or lowest selling price of the platform.

Step Eight: click the buy or sell button, and BTC futures contract order is completed.

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