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Quick Take Polymarket now predicts a 95% chance that U.S. President Donald Trump would pardon Ross Ulbricht, the creator of Silk Road, in his first week in office. Elon Musk stated on X that Ulbricht would be pardoned, which might have driven the odds on Polymarket to surge. Although Trump promised to pardon Ulbricht on the first day of his second term as President, that day has passed without any official statement.
Quick Take Well-known blockchain investigator ZachXBT has apparently cashed out on a memecoin associated with him. “One of my biggest regrets is not prioritizing making money,” ZachXBT wrote yesterday.
Quick Take Solana’s TRUMP token has sparked a surge in crypto app downloads, led by Phantom jumping 322 spots. The following is an excerpt from The Block’s Data and Insights newsletter.
Quick Take The Department of Government Efficiency prominently displayed the Dogecoin logo on its official U.S. government website on Tuesday, alongside a dollar sign and the slogan “the people voted for major reform.” Asset managers Osprey Funds and Rex Shares filed to list ETFs tracking multiple cryptocurrencies, including Trump’s new memecoin, just a day after the pro-crypto administration took office. MicroStrategy shareholders have voted in favor of amendments to increase the number of authorized Clas
Quick Take One of the largest publicly traded bitcoin miners is looking to the artificial intelligence and high-performance computing boom. Riot is reducing its previously announced total self-mining hash rate capacity growth and associated capital expenditures for 2025.
Quick Take President Donald Trump has officially signed an executive order issuing a full and unconditional pardon to Ross Ulbricht, the Silk Road creator integrally tied to Bitcoin’s early history.