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U.S. Vice President Vance will make his debut at the Bitcoin conference, and the market performance in previous years has not been optimistic.
Bitcoin 2025 Conference Preview: Vice President Vance's Speech Draws Attention, Review of Previous Conferences and Market Performance Analysis
The Bitcoin 2025 conference, set to take place from May 27 to 29 at the Venetian Expo in Las Vegas, is expected to attract over 30,000 participants. This article will provide a brief analysis of the key points of interest for this conference.
Follow Point 1: Vice President Vance will give a speech
U.S. Vice President J.D. Vance will deliver a speech on May 29, 2025, at 1:00 AM Beijing time on the main stage of the event, marking the first time a sitting U.S. Vice President has publicly spoken at the largest Bitcoin conference in the world. He is expected to focus on innovation, financial sovereignty, and how Bitcoin will play a role in America's future.
During his time as a senator, Vance publicly supported Bitcoin, opposed excessive regulation, and criticized the leadership of the U.S. Securities and Exchange Commission at the time. He personally holds Bitcoin worth between $250,000 and $500,000, which further strengthens his position of support.
Follow-up Point 2: Review of Previous Bitcoin Conferences
Since its first holding in 2011, the Bitcoin conference has become an important annual event in the global cryptocurrency industry. Below is a brief review of previous conferences:
Analysis of Market Performance During the Last Five Bitcoin Conferences
According to statistics, the Bitcoin price performance during the last five conferences is as follows:
Overall, in the past five conferences, Bitcoin prices have primarily declined in the short term, showing a pessimistic performance. Even with Republican Trump attending and giving a speech in 2024, Bitcoin prices still fell from a high of $70,000 to a low of $49,000 in the following week.
Follow Point Three: BabyDog
BabyDog, full name Babydog Justice, is the pet dog of Senator Jim Justice from West Virginia, USA. This English Bulldog is loved by the public for its friendly personality and adorable appearance, and is humorously referred to as "the unofficial 101st senator of the 119th Congress."
BabyDog is seen as a symbol of West Virginia, with its image being used to enhance the cohesion of specific political groups. According to the official website of the Bitcoin 2025 conference, BabyDog will participate in the conference held in Las Vegas.
The Bitcoin 2025 conference brings together important figures from politics, technology, and finance, and is expected to have a profound impact on the cryptocurrency industry. However, based on historical data, investors should remain cautious about market volatility during and after the conference.