As a seasoned researcher with a background in political science, I have closely followed the developments in the 2024 U.S. presidential race and the intersection of technology, particularly cryptocurrencies, in politics. The recent turn of events, including former President Donald Trump’s survival of an assassination attempt and his upcoming speech at the Bitcoin Conference in Nashville, has caught my attention.


Donald Trump, a previous US president, is scheduled to appear at the Bitcoin Conference in Nashville, Tennessee, following a foiled assassination attempt against him on July 13 in Pennsylvania.

As a crypto investor, I’ve received exciting news directly from David Bailey, the CEO of Bitcoin Magazine and one of the key figures behind the organization of this event.

Trump is Reportedly “In Good Spirits”

On X BTC Inc.’s blog, published on July 14, CEO David Bailey shared that he had conversed with the President’s inner circle. He conveyed that Trump was in high spirits and eagerly anticipating meeting everyone in Nashville and delivering a speech that would resonate globally.

The President’s team has recently updated me. He’s looking forward to meeting everyone in Nashville and delivering a globally impactful speech with great enthusiasm.

— David Bailey $0.65mm/btc is the floor (@DavidFBailey) July 14, 2024

One user on X expressed concern about the user’s post by remarking, “I hope you’ve brought on an expert for organizing a presidential-level security event with high-risk threat assessment – be prepared for disruptions.” In response, Bailey assured them, “We have top industry professionals and an extensive presence from the secret service.”

At a political rally in Pennsylvania, a 20-year-old man attempted to assassinate Trump by shooting him in the ear. Although Trump was wounded, the incident did not prove to be life-threatening. The unexpected event sparked speculation regarding his future commitments to scheduled engagements.

The Bitcoin Conference is scheduled from July 25 to July 27. Trump is predicted to appear on the final day. Additionally, his campaign team has announced that he will begin attending the Republican National Convention on Monday.

Elon Musk and Justin Sun Endorse Trump

After the unsuccessful assassination attempt, Elon Musk, CEO of Tesla, and Justin Sun, founder of Tron, openly supported Donald Trump in his presidential campaign. Musk expressed his endorsement on X, wishing Trump a swift recovery, while Sun believed that Trump would be more advantageous for the crypto industry and promote fairer deals.

I fully endorse President Trump and hope for his rapid recovery

— Elon Musk (@elonmusk) July 13, 2024

As an analyst, I’ve observed a noteworthy enhancement in Donald Trump’s prospects for securing the U.S. presidency after the latest incident. According to Polymarket’s data, the value of the ‘Yes’ shares for the contract predicting Trump’s victory has ascended from $0.60 to $0.70. This shift signifies a significant increase in the likelihood of Trump winning the election in November, with approximately 71% chance based on this market data.

Previously this year, Trump’s view on cryptocurrency evolved from being skeptical to expressing support, acknowledging the importance of regulation in the sector. This shift is clearly seen in his campaign’s new policy towards accepting crypto donations. Since May, his team has started accepting contributions in diverse cryptocurrencies via Coinbase.

Trump has expressed opposition to establishing a federal digital currency in the United States, viewing it as a potential infringement on financial liberties. He has vowed to shield Bitcoin from detractors such as Senator Elizabeth Warren and restrictive regulations.

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2024-07-15 11:23