{"id":607700,"date":"2024-05-13T09:44:01","date_gmt":"2024-05-13T09:44:01","guid":{"rendered":"https:\/\/wncen.com\/?p=607700"},"modified":"2024-07-11T10:30:23","modified_gmt":"2024-07-11T10:30:23","slug":"ceo-drops-bombshell-trump-campaign-eyes-crypto-friendly-policies","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ceo-drops-bombshell-trump-campaign-eyes-crypto-friendly-policies\/","title":{"rendered":"CEO Drops Bombshell: Trump Campaign Eyes Crypto-Friendly Policies"},"content":{"rendered":"<p><span id=\"input-sentence~0\">As former President Donald Trump&#8217;s possible comeback with a crypto-friendly agenda takes front stage, the junction of cryptocurrencies and politics has become increasingly important. The disclosure comes from none other than David Bailey, CEO of Bitcoin Magazine, who revealed his participation in guiding Trump&#8217;s campaign towards measures supporting the crypto sector.<\/span><span id=\"input-sentence~1\"><br \/>\n<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/solana\/solana-snowfall-price-plunges-amidst-market-correction-will-it-get-worse\/\" target=\"_blank\" rel=\"noopener \">Solana Snowfall? Price Plunges Amidst Market Correction \u2013 Will It Get Worse?<\/a><\/div>\n<h2><strong>Bailey&#8217;s Bombshell: Advising Trump For A Pro-Crypto Future<\/strong><\/h2>\n<p><span id=\"input-sentence~1\">Prominent member of the<a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" rel=\"nofollow\"> bitcoin<\/a> community Bailey stunned many when he revealed how his team guided Trump&#8217;s campaign in adopting Bitcoin and other digital assets.<\/span><span id=\"input-sentence~2\"> Bailey said they had suggested a crypto-oriented executive order to be signed on Trump&#8217;s first day back in office, therefore indicating a notable change from Trump&#8217;s earlier doubts about cryptocurrencies.<br \/>\n<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">It\u2019s time for Bitcoin to elect the next President of the United States.<\/p>\n<p>\u2014 David Bailey\ud83c\uddf5\ud83c\uddf7 $0.65m\/btc is the floor (@DavidFBailey) <a href=\"https:\/\/twitter.com\/DavidFBailey\/status\/99816756?ref_src=twsrc%5Etfw\" rel=\"nofollow\">May 11, 2024<\/a><\/p><\/blockquote>\n<h2><strong>Trump&#8217;s Crypto Evolution: From Skepticism To Embrace<\/strong><\/h2>\n<p><span id=\"input-sentence~3\">Trump&#8217;s changing opinion on cryptocurrency has been very amazing. Once outspoken about his contempt of digital assets, Trump now seems receptive to them, unlike President Biden&#8217;s allegedly ignorance of the crypto scene.<\/span><span id=\"input-sentence~4\"> This development has spurred debates on how a Trump presidency may affect the bitcoin market.<br \/>\n<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">For the past month we have been working with the Trump campaign to develop their bitcoin and crypto policy agenda. We proposed a comprehensive executive order for President Trump to sign on day 1. I will be sharing those details soon. This week Trump took the first step, but\u2026<\/p>\n<p>\u2014 David Bailey\ud83c\uddf5\ud83c\uddf7 $0.65m\/btc is the floor (@DavidFBailey) <a href=\"https:\/\/twitter.com\/DavidFBailey\/status\/44538467?ref_src=twsrc%5Etfw\" rel=\"nofollow\">May 11, 2024<\/a><\/p><\/blockquote>\n<h3><strong>The Divide: Pro-Bitcoin Or Anti-Biden?<\/strong><\/h3>\n<p><span id=\"input-sentence~5\">The declaration by Bailey has generated discussions within the crypto community since some see it as a calculated action to guarantee a more suitable legislative environment for Bitcoin and cryptocurrencies.<\/span><span id=\"input-sentence~6\"><br \/>\n<\/span><\/p>\n<p>Others, on the other hand, wonder about the reasons behind backing Trump given his dubious presidency. Bailey herself stressed that their activities are more meant to defend Bitcoin than to support Trump personally.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full\" src=\"https:\/\/www.tradingview.com\/x\/ZcRaGP8M\/\" width=\"1835\" height=\"883\"><\/p>\n<pre style=\"text-align: center\">Bitcoin is now trading at $63.100. Chart: <a href=\"https:\/\/www.tradingview.com\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView<\/a><\/pre>\n<h3><strong>Election Dynamics: Bitcoin As A Deciding Factor?<\/strong><\/h3>\n<p><span id=\"input-sentence~6\">With the approaching presidential elections, the way Bitcoin shapes political environments has never been more clear-cut.<\/span><span id=\"input-sentence~7\"> Bailey&#8217;s appeal to organise and guarantee a pro-Bitcoin president begs issues regarding the increasing impact of cryptocurrencies in political campaigning.<br \/>\n<\/span><\/p>\n<p><span id=\"input-sentence~7\">Will aficionados of Bitcoin come together to influence the results of the elections in favour of a candidate friendly for cryptocurrencies?<\/span><span id=\"input-sentence~8\"><br \/>\n<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/xrp-on-a-sinking-ship-why-altcoins-price-continues-downward-plunge\/\" target=\"_blank\" rel=\"noopener \">XRP On A Sinking Ship? Why Altcoin\u2019s Price Continues To Plunge<\/a><\/div>\n<h3><strong>Trump: Second Term And Regulatory Outlook<\/strong><\/h3>\n<p><span id=\"input-sentence~8\">Head of FX Research and Digital Assets Research at Standard Chartered Bank Geoff Kendrick offered his thoughts on the possible effects of a Trump second term on the bitcoin sector.<\/span><span id=\"input-sentence~9\"><br \/>\n<\/span><\/p>\n<p>Kendrick thinks that under continuous regulatory uncertainty, a Trump presidency will probably lead to a more favourable regulatory climate, so giving optimism to crypto supporters.<\/p>\n<div class=\"flex-1 overflow-hidden\">\n<div class=\"react-scroll-to-bottom--css-gvalz-79elbk h-full\">\n<div class=\"react-scroll-to-bottom--css-gvalz-1n7m0yu\">\n<div class=\"flex flex-col text-sm\">\n<div class=\"w-full text-token-text-primary\" dir=\"auto\" data-testid=\"conversation-turn-11\" data-scroll-anchor=\"true\">\n<div class=\"py-2 px-3 text-base md:px-4 m-auto md:px-5 lg:px-1 xl:px-5\">\n<div class=\"mx-auto flex flex-1 gap-3 text-base juice:gap-4 juice:md:gap-6 md:max-w-3xl lg:max-w-[40rem] xl:max-w-[48rem]\">\n<div class=\"relative flex w-full min-w-0 flex-col agent-turn\">\n<div class=\"flex-col gap-1 md:gap-3\">\n<div class=\"flex flex-grow flex-col max-w-full\">\n<div class=\"min-h-[20px] text-message flex flex-col items-start whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 juice:w-full juice:items-end overflow-x-auto gap-3\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"9e3f0c2e-75f3-4f9e-8895-ca1de4440c80\">\n<div class=\"markdown prose w-full break-words dark:prose-invert dark\">\n<h3><strong>How This Will Impact Crypto Prices<\/strong><\/h3>\n<p><span id=\"input-sentence~9\">The revelation of Trump&#8217;s possible support for cryptocurrencies has generated both market buzz and worry.<\/span><span id=\"input-sentence~10\"> Although some view Trump&#8217;s participation as a positive indication for more acceptance and investment, others remain cautious about the possible volatility and uncertainty connected with his participation.<br \/>\n<\/span><\/p>\n<p>The effect on crypto prices will rely on elements like regulatory clarity and more general market attitude; so, it is crucial for investors to remain educated and flexible in the face of changing events.<\/p>\n<p><em>Featured image from AP Photo\/Jeff Dean, chart from TradingView<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As former President Donald Trump&#8217;s possible comeback with a crypto-friendly agenda takes front stage, the junction of cryptocurrencies and politics has become increasingly important. The disclosure comes from none other than David Bailey, CEO of Bitcoin Magazine, who revealed his participation in guiding Trump&#8217;s campaign towards measures supporting the crypto sector. Related Reading: Solana Snowfall? Price Plunges Amidst Market Correction \u2013 Will It Get Worse? Bailey&#8217;s Bombshell: Advising Trump For A Pro-Crypto Future Prominent member of the bitcoin community Bailey stunned many when he revealed how his team guided Trump&#8217;s campaign in adopting Bitcoin and other digital assets. Bailey said they had suggested a crypto-oriented executive order to be signed on Trump&#8217;s first day back in office, therefore indicating a notable change from Trump&#8217;s earlier doubts about cryptocurrencies. It\u2019s time for Bitcoin to elect the next President of the United States. \u2014 David Bailey\ud83c\uddf5\ud83c\uddf7 $0.65m\/btc is the floor (@DavidFBailey) May 11, 2024 Trump&#8217;s Crypto Evolution: From Skepticism To Embrace Trump&#8217;s changing opinion on cryptocurrency has been very amazing. Once outspoken about his contempt of digital assets, Trump now seems receptive to them, unlike President Biden&#8217;s allegedly ignorance of the crypto scene. This development has spurred debates on how a Trump presidency may affect the bitcoin market. For the past month we have been working with the Trump campaign to develop their bitcoin and crypto policy agenda. We proposed a comprehensive executive order for President Trump to sign on day 1. I will be sharing those details soon. This week Trump took the first step, but\u2026 \u2014 David Bailey\ud83c\uddf5\ud83c\uddf7 $0.65m\/btc is the floor (@DavidFBailey) May 11, 2024 The Divide: Pro-Bitcoin Or Anti-Biden? The declaration by Bailey has generated discussions within the crypto community since some see it as a calculated action to guarantee a more suitable legislative environment for Bitcoin and cryptocurrencies. Others, on the other hand, wonder about the reasons behind backing Trump given his dubious presidency. Bailey herself stressed that their activities are more meant to defend Bitcoin than to support Trump personally. Bitcoin is now trading at $63.100. Chart: TradingView Election Dynamics: Bitcoin As A Deciding Factor? With the approaching presidential elections, the way Bitcoin shapes political environments has never been more clear-cut. Bailey&#8217;s appeal to organise and guarantee a pro-Bitcoin president begs issues regarding the increasing impact of cryptocurrencies in political campaigning. Will aficionados of Bitcoin come together to influence the results of the elections in favour of a candidate friendly for cryptocurrencies? Related Reading: XRP On A Sinking Ship? Why Altcoin\u2019s Price Continues To Plunge Trump: Second Term And Regulatory Outlook Head of FX Research and Digital Assets Research at Standard Chartered Bank Geoff Kendrick offered his thoughts on the possible effects of a Trump second term on the bitcoin sector. Kendrick thinks that under continuous regulatory uncertainty, a Trump presidency will probably lead to a more favourable regulatory climate, so giving optimism to crypto supporters. How This Will Impact Crypto Prices The revelation of Trump&#8217;s possible support for cryptocurrencies has generated both market buzz and worry. Although some view Trump&#8217;s participation as a positive indication for more acceptance and investment, others remain cautious about the possible volatility and uncertainty connected with his participation. The effect on crypto prices will rely on elements like regulatory clarity and more general market attitude; so, it is crucial for investors to remain educated and flexible in the face of changing events. Featured image from AP Photo\/Jeff Dean, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":607705,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[142,428,6664,8480],"class_list":["post-607700","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins","tag-bitcoin","tag-crypto","tag-donald-trump"],"acf":[],"yoast_head":"\n<title>CEO: Trump Campaign Eyes Crypto-Friendly Policies<\/title>\n<meta name=\"description\" content=\"As former President Donald Trump&#039;s possible comeback with a crypto-friendly agenda takes front stage, the junction of cryptocurrencies and politics has\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. 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