BITCOIN - TRUMP KEEPS DAY ONE PROMISE!! ROSS ULBRICHT IS FREE! SEC PLANS CLOSED DOOR CRYPTO MEETING!

My Financial Friend

Introduction to the Emergency Stream

  • The streamer, Sam, announces an emergency stream to discuss important news in the Bitcoin community.
  • He mentions that Trump has promised the community something and has now made a significant move.

Ross's Pardon

  • Ross, the creator of Silk Road, has been pardoned by Trump.
  • Sam sees this as a win for the crypto community and a sign of what's to come.
  • Ross was given two life sentences plus 40 years, which Sam believes was excessive.

Crypto News and Updates

  • Bank of America's CEO says the banking industry will adopt Bitcoin and crypto if regulation allows.
  • $800 million has been printed in USDC in the last few hours, indicating more money is coming into the crypto space.
  • The SEC's new chairman is pushing for better regulation and sensible paths for crypto companies.
  • A closed-door meeting at the SEC is scheduled to discuss institution and settlement of injunctive actions, among other topics.

Companies Investing in Bitcoin

  • Micro Strategy has been given the vote to raise the total amount of shares by 30x, giving them free rein to buy Bitcoin.
  • Critical Metals has announced a commencement of Bitcoin Treasury strategy to acquire up to $500 million of BTC.
  • Genius Group has bought 420 Bitcoin worth about $40 million.

Trump's Involvement in Crypto

  • Trump has signed a full and unconditional pardon for Ross, citing his support from the libertarian movement.
  • Sam believes this signals that Trump will continue to make moves in the crypto space, including creating a strategic Bitcoin Reserve.

ETF News

  • The Grayscale Bitcoin ETF has bought 1,285 Bitcoin, the largest inflow since day one.
  • Sam is waiting to see more ETF news, including filings from FBTC and BlackRock.