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The U.S. Vice President will debut at the Bitcoin 2025 Conference, deepening political support for Crypto Assets.
The Bitcoin 2025 Conference will be held from May 27 to 29 at the Venetian Expo in Las Vegas, with an expected attendance of over 30,000 participants. There are several key highlights to follow at this conference.
First, U.S. Vice President J.D. Vance will deliver a keynote speech at the conference for the first time. He will speak on the main stage at 1 AM Beijing time on May 29, expressing his support for Bitcoin. He is expected to focus on innovation, financial sovereignty, and the role of Bitcoin in the future development of the United States. Vance has previously publicly supported Bitcoin during his tenure as a senator, opposed excessive regulation, and criticized the leadership of the Securities and Exchange Commission. He personally holds between $250,000 and $500,000 in Bitcoin, which further reflects his supportive stance.
Secondly, it is also very meaningful to review the development history of previous Bitcoin conferences. Since the first Bitcoin conference was held in New York in 2011, the event has evolved into one of the most influential cryptocurrency events in the world. Over the years, many industry leaders, developers, entrepreneurs, and politicians have delivered speeches at the conference, including Ethereum founder Vitalik Buterin and MicroStrategy CEO Michael Saylor. In particular, in recent years, the participation of politicians has significantly increased, with figures such as Salvadoran President Bukele in 2021 and former U.S. President Trump in 2024 having attended and spoken.
However, analyzing the market performance during the last five Bitcoin conferences, the results are not optimistic. In most cases, the price of Bitcoin shows a downward trend during the conference and in the week following it. Even in the case where the Republican Trump attended and gave a speech in 2024, the price of Bitcoin still fell from a high of $70,000 to around $49,000 in the following week. This indicates that the conference has a limited short-term impact on the market, and investors should not overinterpret the short-term fluctuations brought by the conference.
Finally, it is worth mentioning that a British Bulldog named BabyDog will also make an appearance at this conference. This pet dog, born in 2019, belongs to West Virginia Senator Jim Justice and is widely popular for its friendly personality and cute appearance, being humorously dubbed as the "Unofficial 101st Senator of Congress." BabyDog's appearance may add some light-hearted and fun elements to the conference.
Overall, the 2025 Bitcoin Conference brought together important figures from politics, business, and technology, reflecting the growing influence of cryptocurrency in mainstream society. Nevertheless, investors should remain cautious about the potential short-term market fluctuations that the conference may bring and should focus more on the long-term development trends of the industry.