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  • Trump speaks at Bitcoin 2024, promises strong pro-crypto platform

Trump speaks at Bitcoin 2024, promises strong pro-crypto platform

Top stories today:

  1. Trump speaks at Bitcoin 2024, promises strong pro-crypto platform
  2. Top 10 podcasts reach 35% of weekly listeners
  3. Texas startup funding slowing, at $3B YTD, with 46% in Austin area

0. Data and calendar

All values as of 1 AM ET / 10 PM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).

All times are ET.

1. Trump speaks at Bitcoin 2024, promises strong pro-crypto platform

  • Fire SEC Chair Gary Gensler (which got strong applause, prompting Trump to say it again).

  • End the regulatory hostility.

  • Never sell any of the BTC the federal government has (~$14B).

Bitcoin’s price little changed during and after the speech.

Kamala Harris, meanwhile, is trying to repair the Democratic ties with the crypto sector.

Trump’s odds has inched down to 60% over the past week, with Harris at 38%, as post-Harris polls show Trump only 1 p.p. ahead

  • 5 polls (+1 avg.) since Biden dropped out: WSJ (-1), NYT/Siena (-1), Rasmussen (+7), Forbes (0), and NPR/PBS (0).

2. Top 10 podcasts reach 35% of weekly listeners

  • 100M Americans age 12 and older listen to podcasts weekly.

Podcasting ad revenue is expected to +12% to $2.2B in 2024, $2.6B in 2026

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4. Texas startup funding slowing, at $3B YTD, with 46% in Austin area

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