Blackrock’s IBIT pumped a whopping $661 million into the 11 bitcoin ETFs yesterday taking the net inflow to $802 million.  The Bitcoin ETFs have witnessed a serious increase in inflows pulling in over $1 billion on Friday last week.  The trading days were disrupted on Monday by the Holidays in the United States. Martin Luther…

President Donald Trump announced on Tuesday that he has granted a Presidential Pardon to Ross Ulbricht founder of Silk Road.  Silk Road is a Bitcoin-powered dark web marketplace shut down by the FBI in 2013 over accusations of facilitating money laundering, Drug peddling, and all manner of illicit activities.  “I just called the mother…

Newly Inaugurated President of the United States, Donald Trump, commented for the first time on the trending $TRUMP memecoin calling it a success.  Donald Trump commented on the memecoin launched via his official X page while responding to reporters in the white house yesterday. The $TRUMP memecoin launched on Jan 17 surged for $3 to…

The state of Utah in the United States proposed a bill seeking to let the state invest public funds into digital assets.  The state located in the Western Part of the country joins the growing list of states in the US looking to set up a Bitcoin reserve or invest funds into crypto.  The Bill…

Circle CEO Jeremy Allaire said Donald Trump could soon sign an Executive Order facilitating the ownership of Digital Assets by Banks.  The CEO of the second-largest stablecoin issuer in the industry believes the executive order would allow banks to trade crypto, offer crypto investments to wealthy clients, and hold it in portfolios.  Speaking at the…

The Official Trump memecoin ($TRUMP) dumped by 40% after the newly Inaugurated President snubbed the crypto industry in his inauguration speech.  The crypto industry highly anticipated the inauguration speech, hoping that Trump would mention anything about cryptocurrency or a strategic bitcoin reserve.  The inauguration speech which lasted approximately 16 minutes made no mention of Bitcoin…

Balaji Srinivasan, Former Chief Technology Officer of Coinbase shared his ideas on how Donald Trump could capitalize on the successful launch of his $TRUMP memecoin by giving it a utility leveraging his brand as the President of the free world.  Balaji shared his Ideas on X giving a breakdown of the entire $TRUMP cycle and…

FinTax, a Financial Management and Tax Compliance firm for Web 3 brands outlined the major challenges facing the Donald Trump Team after the successful launch of an official Memecoin.  On January 18th, Donald Trump announced the launch of an Official memecoin via his X page and Truth Social. The launch kickstarted the biggest scramble in…