Crypto boom: Bitcoin over $110,000! JD Vance speaks in Vegas!

Crypto boom: Bitcoin over $110,000! JD Vance speaks in Vegas!

The digital currency market starts the trading week with a positive trend. Bitcoin records a rise of over 2 percent and tests the $110,000 mark. Altcoins like Solana, Ethereum and Cardano are showing even stronger gains. This development is supported by the financial markets, which reacted favorably after the US administration postponed tariffs against the EU until June 9th. Sentiment in the crypto market could improve further in the coming week, especially with US Vice President JD Vance's upcoming appearance at an important conference.

On May 28, 2025, Vance will be a keynote speaker at the Bitcoin 2025 Conference at the Venetian Resort in Las Vegas. This event takes place from May 27th to 29th and attracts more than 30,000 participants. Vance is expected to speak about technological innovation, financial freedom and Bitcoin's role in the US economy. This commitment makes him the first sitting US Vice President to appear at a digital assets conference, adding further weight to the significance of the event.

Vance and Bitcoin Investments

JD Vance, a well-known crypto advocate, has invested between $250,000 and $500,000 in Bitcoin, according to a financial disclosure from August 2024. His appearance could strengthen institutional support for Bitcoin. Vance's involvement in the crypto space follows Donald Trump's attendance at the Bitcoin 2024 conference in Nashville and a pre-recorded video appearance at the Digital Asset Summit in March.

However, it remains unclear whether Vance will make any substantive policy statements at the conference. His focus in the past has been on regulating artificial intelligence, while he has largely avoided media attention regarding crypto policy. In parallel, some Democrats have raised concerns about Trump's ties to the crypto industry, particularly regarding potential personal enrichment through the World Liberty Financial platform.

Innovative crypto projects in the spotlight

As the Bitcoin 2025 Conference approaches, several exciting crypto projects are also in full swing. The Layer 2 project Solaxy is close to exceeding $45 million in presale. Designed to handle network load in the Solana ecosystem, Solaxy leverages a modular Layer 2 infrastructure. Buyers of the native token SOLX can stake it and benefit from an attractive return of around 100 percent APY. The presale ends in about three weeks.

Another notable project is MIND of Pepe, an AI-powered crypto agent designed to identify alpha signals for traders. The presale of this project has already raised over $10 million and will end in a few days. Investors can participate with ETH, BNB or USDT. The beta version of MIND Agent has been available since mid-May, which opens up new opportunities for many traders.

Developments in the crypto world indicate increasing interest and momentum, supported by technological innovation and policy stimulus. The Bitcoin 2025 Conference will undoubtedly represent a central event for this sector.

Further information can be found at Wall Street Online and Cointelegraph.