{"id":1960,"date":"2024-10-31T19:45:15","date_gmt":"2024-10-31T19:45:15","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=1960"},"modified":"2024-10-31T19:45:15","modified_gmt":"2024-10-31T19:45:15","slug":"trump-celebrates-bitcoins-16th-anniversary-vows-to-end-harris-war-on-crypto","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=1960","title":{"rendered":"Trump Celebrates Bitcoin\u2019s 16th Anniversary, Vows To End Harris\u2019 \u2018War On Crypto\u2019"},"content":{"rendered":"<div>\n<p>As Bitcoin (BTC), the largest cryptocurrency by market capitalization, celebrates its 16th anniversary, former President Donald Trump, now a Republican candidate for the upcoming US presidential election, has issued a message to the cryptocurrency community.\u00a0<\/p>\n<p>In a <a href=\"https:\/\/x.com\/realDonaldTrump\/status\/1852033244729860397\" target=\"_blank\" rel=\"noopener nofollow\">post <\/a>shared on his social media platform Truth Social and on X (formerly Twitter), the Republican candidate emphasized his commitment to supporting Bitcoin and the broader crypto industry.<\/p>\n<h2>Trump Wishes Bitcoin Enthusiasts A Happy Anniversary\u00a0<\/h2>\n<p>On this occasion, Trump declared his intention to end what he refers to as <a href=\"https:\/\/bitcoinist.com\/paxos-ceo-harris-and-trump-clearer-crypto-guideline\/\" target=\"_blank\" rel=\"noopener\">Kamala Harris\u2019s<\/a> \u201cwar on crypto.\u201d He extended warm wishes to Bitcoin enthusiasts, stating, \u201cHappy 16th Anniversary of Satoshi\u2019s White Paper.\u201d\u00a0<\/p>\n<p>This anniversary commemorates the release of the Bitcoin whitepaper by the pseudonymous creator, Satoshi Nakamoto, on October 31, 2008. The document outlined the foundational principles of Bitcoin as a decentralized digital currency.<\/p>\n<p>Trump\u2019s increasing <a href=\"https:\/\/bitcoinist.com\/trump-expands-bitcoin-support-with-no-tax-promise\/\" target=\"_blank\" rel=\"noopener\">support <\/a>for cryptocurrency aligns with his broader political agenda. In his message, he reiterated promises to bolster the industry, including a commitment that \u201cBitcoin will be made in the USA.\u201d\u00a0<\/p>\n<p>Additionally, the former President <a href=\"https:\/\/www.wsj.com\/livecoverage\/harris-trump-election-10-31-24\/card\/trump-vows-to-end-kamala-s-war-on-crypto--S52r64qKzlUHWKAOGwlq\" target=\"_blank\" rel=\"noopener nofollow\">expressed <\/a>his intention to advocate for the release of Ross Ulbricht, the founder of the Silk Road online marketplace, who is currently serving a life sentence for his role in facilitating drug trafficking and other illegal activities.<\/p>\n<p>Vice President Kamala Harris on the other hand, has yet to engage extensively with the topic of cryptocurrency, though she has voiced support for establishing a regulatory framework to protect investors, particularly within marginalized communities.\u00a0<\/p>\n<h2>BTC Struggles To Reach March\u2019s All-Time High<\/h2>\n<p>As <a href=\"https:\/\/bitcoinist.com\/kamala-harris-vows-to-support-crypto-in-new-proposal-to-win-black-male-voters\/\" target=\"_blank\" rel=\"noopener\">reported <\/a>by Bitcoinist, Kamala Harris\u2019s stance aims to ensure that individuals, especially Black men, who invest in and own digital assets are safeguarded under US law.\u00a0<\/p>\n<p>However, Trump\u2019s comments seem to have resonated better with the wider crypto community, as evidenced by <a href=\"https:\/\/polymarket.com\/event\/presidential-election-winner-2024\/will-donald-trump-win-the-2024-us-presidential-election\" target=\"_blank\" rel=\"noopener nofollow\">bets <\/a>on Polymarket, which gives the Republican candidate a 60% chance of winning the November 5 election for a potential new administration.\u00a0<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"size-medium wp-image-335975\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/10\/Screenshot_564.jpg?w=640&amp;resize=640%2C398\" alt=\"Bitcoin\" width=\"640\" height=\"398\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/10\/Screenshot_564.jpg?w=929 929w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/10\/Screenshot_564.jpg?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/10\/Screenshot_564.jpg?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/10\/Screenshot_564.jpg?w=750 750w\" sizes=\"(max-width: 640px) 100vw, 640px\"><\/p>\n<p>The former President has also previously <a href=\"https:\/\/bitcoinist.com\/trump-fire-sec-chair-on-day-1-crypto-face-roadblock\/\" target=\"_blank\" rel=\"noopener\">vowed <\/a>to fire SEC Chairman<a href=\"https:\/\/bitcoinist.com\/rep-hill-slams-gensler-approach-crypto-regulation\/\" target=\"_blank\" rel=\"noopener\"> Gary Gensler<\/a>, whose approach to the industry under President Biden has been characterized by enforcement actions, lawsuits and subpoenas of key players in the digital asset ecosystem, including major firms such as Coinbase, Binance, and Ripple.<\/p>\n<p>Despite the celebratory tone surrounding Bitcoin\u2019s anniversary, the largest cryptocurrency\u2019s <a href=\"https:\/\/bitcoinist.com\/bitcoin-price-rally-due-to-trump-election-odds\/\" target=\"_blank\" rel=\"noopener\">market performance<\/a> over the past few days tells a different story.\u00a0<\/p>\n<p>In the 24-hour period leading up to the anniversary, Bitcoin\u2019s price retraced nearly 2%, settling at approximately $70,600 per coin. This decline follows several unsuccessful attempts to breach its all-time high of $73,700, reached in March of this year.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/IW9pcaPb\/\" alt=\"Bitcoin\" width=\"1815\" height=\"858\"><\/p>\n<p>Featured image from NBC, chart from TradingView.com<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As Bitcoin (BTC), the largest cryptocurrency by market capitalization, celebrates its 16th anniversary, former President Donald Trump, now a Republican candidate for the upcoming US presidential election, has issued a message to the cryptocurrency community.\u00a0 In a post shared on his social media platform Truth Social and on X (formerly Twitter), the Republican candidate emphasized [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-1960","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1960","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1960"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1960\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}