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Author: Admin | 2025-04-28
Also vowed at the Libertarian National Convention in Washington in May to keep Sen. Warren and "her goons" away from bitcoin holders.In early June in San Francisco, technologists, crypto executives, and venture capitalists paid up to $300,000 per ticket to join a Trump fundraiser that ultimately raised more than $12 million.And then on Tuesday, Trump declared that all future bitcoin will be minted in the U.S., should he return to the White House.Geoff Kendrick, who heads up digital assets research at Standard Chartered, recently wrote that he expects bitcoin to reach the $100,000 price threshold as the U.S. approaches the November presidential election and $150,000 by the end of the year if Trump wins.Read more about tech and crypto from CNBC ProDecentralization is a key feature of bitcoin, because it means the network isn't controlled by any entity and can't be shut down — even if a government disapproves. Roughly 37% of the bitcoin network's miners are located in the U.S., with China closely following at 21% of bitcoin's global processing power despite Beijing banning the practice in 2021."He wants to keep all of the remaining bitcoin mining in the U.S. and out of China," Matthew Schultz, CleanSpark's executive chairman and director, who attended the Mar-a-Lago working group, told CNBC. "For him to be legitimately engaged in the bitcoin industry, and understanding the way that mining works, was really awesome."The group also touched on doing more to support U.S.-made ASICs, short for Application-Specific Integrated Circuits, which are the purpose-built rigs
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