Bitcoin soars to $108,899 on inauguration day, followed by Ross Ulbricht’s pardon, new SEC crypto regulations, legislative advances by Senator Lummis, and a violent attack on a Ledger wallet founder.

A presidential pardon for Silk Road founder Ross Ulbricht has sent expectations soaring that Trump will follow through on his campaign promise to create a U.S. bitcoin

The news doesn't come as a surprise, however. Trump committed to the first-day pardoning of Ulbricht when speaking at the Libertarian National Convention in May 2024. The President said the decision to pardon the Silk Road founder was "in honor" of Ulbricht's mother, who had campaigned for his release.

NEWLY-INAUGURATED US President Donald Trump has given the founder of dark web marketplace Silk Road a full and unconditional pardon. The decision has saved Ross Ulbricht from serving two life

Silk Road founder Ross Ulbricht is free after President Donald Trump pardoned him. But who is he and what did he do?

Bitcoin topped $100K for the first time in 2025, then plummeted amid mixed economic reports, volatile ETF flows, and a potential Silk Road sale.

Bitcoin hit a record high above $109,000 on Monday as Donald Trump, who has signalled plans to deregulate the cryptocurrency sector, prepares to be sworn in as US president.

Elon Musk said Tuesday he was exploring a presidential pardon for "Bitcoin Jesus," who was arrested last year on fraud and tax evasion charges, after applauding Donald Trump for exonerating the founder of a dark web drug marketplace.

Ulbricht operated the anonymous digital marketplace known as Silk Road when law enforcement arrested him. The pardon fulfills a campaign pledge Trump made to Ulbricht's Libertarian supporters.

India's Union Home Minister Amit Shah has revealed the threat posed by crypto, drones, and the dark web to countries globally. Chairing a regional conference

In one of his first actions after starting his second term as US President, Donald Trump has issued a pardon for Ross Ulbricht, the creator of the dark web marketplace Silk Road.