Vance gives remarks at Bitcoin conference
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Bitcoin, Crypto and Suspect
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The Bitcoin Conference, running through Thursday at the Venetian Convention and Expo Center, is the world’s largest gathering of the Bitcoin industry.
LAS VEGAS, Nevada - Vice President JD Vance forcefully endorsed cryptocurrency in a Wednesday speech, calling the bitcoin industry a “movement” and pledging the Trump administration will boost digital assets instead of weaponizing federal regulations against them.
Notably, bitcoin appears to have front-run traditional markets, with crypto markets now entering a consolidation phase while the S&P 500 still trades 4% below its all-time highs from February. Meanwhile,
Vice President JD Vance commended digital assets such as bitcoin as an option for people left out of traditional financing.
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Vice President JD Vance praised the cryptocurrency industry Wednesday and urged it to remain active in U.S. politics and policymaking, highlighting the Trump administration’s close ties to a deep-pocketed industry that’s become a powerful force in Washington.
Bitcoin's surge is fueled by its status as a safe haven asset amid current geopolitical instability as well as bipartisan support for crypto legislation.
An account holder may find value in dedicating a small share of their portfolio to crypto, as long as the individual is willing to lose the holdings in the event of a downturn, analysts said. Digital assets, they added, can help diversify a portfolio and present the possibility of significant upside.
The headline-grabbing tale of an Italian man who said he was kidnapped and tortured for weeks inside an upscale Manhattan townhouse by captors seeking his bitcoin highlights a dark corner of the cryptocurrency world: the threat of violence by thieves seeking digital assets.
My wife and I just had a baby girl. A college friend of ours sent us $175 in Bitcoin as a baby gift. He’s a crypto bro and is super-into it, while I, on the other hand, am extremely skeptical. My friend said that I can’t sell it until her bat mitzvah (when “it will be at least $1,