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The U.S. Vice President will debut at the Bitcoin 2025 conference; market impact should be approached with caution.
The Bitcoin 2025 conference will be held from May 27 to 29 at the Venetian Expo in Las Vegas, expecting to attract over 30,000 participants. There are several key highlights to follow at this conference.
First, the U.S. Vice President will publicly express his stance for the first time at the world's largest Bitcoin conference. He plans to deliver a speech on the main stage at 1:00 AM Beijing time on May 29, expressing his support for Bitcoin. It is expected that he will focus on innovation, financial sovereignty, and how Bitcoin will play a role in the future of the U.S. As a senator, he publicly supported Bitcoin, opposed excessive regulation, and criticized the leadership of the Securities and Exchange Commission. He personally holds a considerable amount of Bitcoin, further highlighting his supportive stance.
Secondly, looking back at past Bitcoin conferences, starting from the first conference in 2011, they have attracted important figures from the industry every year. In recent years, the conferences have gathered political figures, industry leaders, and well-known investors. The 2025 conference will feature not only the Vice President but also several political figures and industry giants.
Finally, based on the analysis of Bitcoin price trends during the past five conferences, the short-term performance of Bitcoin prices is not optimistic, with most showing a downward trend. Even with heavyweight guests attending and speaking in 2024, Bitcoin prices still experienced a significant drop in the following week.
It is worth mentioning that a British Bulldog named BabyDog will also make an appearance at this conference. This pet dog, dubbed the "symbol of West Virginia politics," has gained wide attention for its cute appearance and presence in political events.
Overall, the 2025 Bitcoin Conference brought together important figures from politics and industry, showcasing the increasing influence of Bitcoin in mainstream areas. However, investors should remain cautious about the potential short-term market fluctuations that the conference may bring.