#TrumpMediaBitcoinTreasury ‘Just The Beginning’—Bitcoin Suddenly Braced For A Huge Week After Crypto Price Boom

BTC

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"This is more than a headline moment—it’s a signal,” David Bailey, the chief executive of Bitcoin Magazine publisher and organizer of the conference BTC Inc who has become 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’s at the forefront of the national conversation.”

During last year’s Bitcoin 2024 conference in Nashville, then presidential candidate Donald Trump announced that he’d create a bitcoin strategic reserve if he won the White House in November—a promise he followed through on in March via an executive order.

This year, U.S. vice president JD Vance is headlining the conference, due to speak at 9am on Wednesday, while Trump’s crypto czar David Sacks and executive director of the president’s council of advisers on digital assets Bo Hines will address the conference on Tuesday.

Earlier this week, Trump’s son Eric, who has fully embraced bitcoin and crypto via his World Liberty Financial decentralized finance (DeFi) platform that was founded in response to the Trump family being debanked by Wall Street, posted to X that “this is just the beginning of this incredible ride.”

Eric Trump added that he hoped “you listened" to his February advice to “enter bitcoin.”

The bitcoin price rally in recent weeks, coming as Trump hosted the top holders of his controversial memecoin for a gala dinner, has spurred a flood of bullish bitcoin price predictions that include bitcoin replacing the U.S. dollar within ten years.

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