On Wednesday, the price of bitcoin jumped to more than $104,000, following Donald Trump’s announcement of a presidential pardon for Silk Road and bitcoin-libertarian folk hero Ross Ulbricht. The digital asset community also eagerly anticipated a flood of crypto executive orders that would overturn years of perceived regulatory slights.

The self-declared "pro-crypto president" Donald Trump pardoned Silk Road founder Ross Ulbricht on Tuesday.

U.S. President Donald Trump on Tuesday pardoned Silk Road founder Ross Ulbricht, who was sentenced to life in prison for running an underground online marketplace where drug dealers and others conducted more than $200 million in illicit trade using bitcoin.

Donald Trump pardoned the creator of the world’s first dark-web drug market, who is now a libertarian cause célèbre in some parts of the crypto community.

Donald Trump has given a full pardon to Ross Ulbricht — the man responsible for founding world's first darknet market Silk Road.

Donald Trump has granted a full pardon to Ross Ulbricht, the founder of online drug marketplace Silk Road who became a hero for America’s libertarian movement.

The pardon is a big deal for cryptocurrency enthusiasts and libertarians, who have been pushing for Ulbricht’s sentence to be absolved for years.

President Donald Trump pardoned Ross Ulbricht, the founder of the Silk Road marketplace, delivering on a campaign promise he made to court the cryptocurrency community and libertarian voters.

Crypto exchange Kraken disclosed on X that it has made a donation to the newly freed Ross Ulbricht to help the Silk Road founder land on his feet. The exchange sent $111,111 in Bitcoin (BTC) to the address on freeross.

Elon Musk said Tuesday he was exploring a presidential pardon for "Bitcoin Jesus" Roger Verg, who was arrested last year on fraud and tax evasion charges.

WASHINGTON (Reuters) - Donald Trump's administration has reassigned about 20 senior career Justice Department attorneys, two sources familiar with the moves told Reuters, as the new president moves swiftly to shake up an arm of government that has long drawn his ire.