Day: January 22, 2025

Ross Ulbricht Is Free: A Victory for Bitcoin and Freedom

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Follow Allen on X. In a landmark decision that sent waves through the Bitcoin community, President Donald Trump has granted a full and unconditional pardon to Ross Ulbricht, the creator of the Silk Road darknet marketplace. Delivered on January 21, 2025—one day later than his campaign promise—this pardon goes beyond merely commuting Ulbricht’s sentence. It’s a symbolic gesture, perhaps acknowledging the delay with goodwill. For Bitcoiners, this represents more than justice for one man—it’s a signal of potential alignment between the administration and the values Bitcoin embodies. The pardon follows…

Will It Smash Another ATH?

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Este artículo también está disponible en español. Bitcoin price started a fresh increase above the $104,000 zone. BTC is consolidating above $105,000 and might aim for a new all-time high. Bitcoin started a decent increase above the $102,500 resistance zone. The price is trading above $104,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance at $104,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the…

Trump pardons Ross Ulbricht, fulfilling campaign promise

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Key Takeaways Donald Trump pardoned Ross Ulbricht, fulfilling a promise made during his re-election campaign. The pardon has garnered support from libertarians and crypto advocates who viewed Ulbricht’s life sentence as excessive. Share this article President Donald Trump has granted a presidential pardon to Ross Ulbricht, the founder of the infamous Silk Road marketplace. This decision fulfills a key campaign promise made by Trump during his bid for re-election, though it arrived later than anticipated. Trump announced the pardon on Truth Social, stating he informed Ross Ulbricht’s mother of the…