TRUMP PARDON SILK ROAD FOUNDER ROSS ULBRICHT

in blurt •  13 days ago 

🚨 Trump Pardons Silk Road Founder Ross Ulbricht! 🎉

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📝 President Trump has granted a full pardon to Ross Ulbricht, the Silk Road founder, ending over a decade in prison.

Once nicknamed "Dread Pirate Roberts," Ulbricht was convicted in 2015 for running the dark web marketplace, facilitating illegal sales, and laundering millions in Bitcoin.

👏 Trump fulfilled his campaign promise to libertarians and the crypto community, calling Ross' double life sentence "ridiculous" and slamming the government’s handling of his case.

The “Free Ross” campaign, led by Ulbricht’s mother, has kept his story alive, rallying Bitcoin enthusiasts who viewed him as a symbol of crypto’s early days.

While supporters see this as justice for an overly harsh sentence, critics argue the Silk Road’s crimes left a deep scar.

Expect heated debates as this decision ripples through the crypto and justice worlds. 🤔

🚀 Musk It or Rug It? Errol Musk Launches Meme Coin! 💸😂

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Elon’s dad, Errol Musk, just dropped a memecoin called "Musk It" to raise $200M for a think tank focused on flying cars and "beyond rockets" tech. 🛸💨

🔹 Elon is NOT involved – and probably shaking his head somewhere. 🤦‍♂️

🔹 MUSKIT pumped 1,500%, then crashed back down. 📉

🔹 Website? Empty. Tokenomics? Nonexistent. 🚩

Errol says he’s been "Musking It" for years – but will investors be Rugging It soon? 🤔

Stablecoin Market Hits $200B – Bullish Signal for Crypto? 💰📈

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The stablecoin market cap just soared past $200B, growing $40B since Trump’s election win.

This surge is often seen as a leading indicator for crypto price increases. 👀

Why does it matter?

🔹 More stablecoins = More liquidity ready to flow into BTC & alts.

🔹 USDT ($139B) & USDC ($52.5B) lead the surge.

🔹 USDC’s liquidity up 20%, the fastest in a year.

With crypto’s total market cap now at $3.5T, is another Bitcoin leg up just around the corner? 🚀

🚀 Bull Cycle Isn’t Over Yet! 👀🔥

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According to CryptoQuant's CEO, the last cycle peaked 2 months after inflows to Grayscale GBTC dried up.

📊 What’s happening now?

▪️Institutional buying is still strong – ETFs & MicroStrategy keep stacking. 📈

▪️No slowdown yet in “paper Bitcoin” demand.

So, no need to call the top too soon—the bull might still have some gas left! 🚀🐂

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