#TrumpMediaBitcoinTreasury New Beginning'—Bitcoin Suddenly Prepares for Big Week After Crypto Price Surge
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"This is more than just a news moment—this is a signal,” David Bailey, CEO of Bitcoin Magazine and organizer of the BTC Inc conference who has been an unofficial advisor to the Trump administration on bitcoin, said in a statement.
“Bitcoin is the most exciting financial innovation in the world,” Bailey added. "It is at the forefront of the national conversation.”
During last year's Bitcoin 2024 conference in Nashville, then-presidential candidate Donald Trump announced he would create a strategic bitcoin reserve if he won the White House in November—a promise he fulfilled in March through an executive order.
This year, U.S. Vice President JD Vance became the keynote speaker at the conference, scheduled to speak at 9 a.m. on Wednesday, while Trump’s crypto czar David Sacks and the executive director of the presidential advisory council on digital assets Bo Hines will speak at the conference on Tuesday.
Earlier this week, Trump’s son Eric, who fully embraces bitcoin and crypto through the decentralized finance (DeFi) platform World Liberty Financial established in response to the Trump family being banked by Wall Street, posted on X that “this is just the beginning of this incredible journey.”
Eric Trump added that he hopes “you listen to" his February advice to “get into bitcoin.”
The recent surge in bitcoin prices, coinciding with Trump hosting top holders of his controversial memecoin for a gala dinner, has sparked a flood of optimistic bitcoin price predictions that include bitcoin replacing the U.S. dollar within a decade.
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