Spot Bitcoin exchange-traded funds (ETFs) in the United States resumed their positive inflow streak on January 21, 2021, following President Donald Trump's inauguration. The 12 spot Bitcoin ETFs recorded a combined $802.5 million in net inflows, extending their inflow run to four days. BlackRock's IBIT led the inflows with $661.9 million, followed by Grayscale's mini Bitcoin Trust with $136.39 million. Despite the significant inflows, they fell short of the previous day's $1.08 billion, likely due to the absence of an anticipated executive order on cryptocurrencies from President Trump. While some experts suggest that the initial optimism may fade as policy changes were already priced in, others remain hopeful for a more crypto-friendly administration under Trump. At the time of writing, Bitcoin was trading at $105,708, up 3.1%.

Crypto influencers face backlash for promoting a fraudulent U.S. Treasury XRP wallet. The wallet, which claimed to be connected to major institutions like Bank of America and JPMorgan, was revealed to be based in the Philippines. Influencers like Zach Rynes criticized their colleagues for spreading misinformation, while others like David Stryzewski shared false information about Ripple. The incident highlights the prevalence of crypto-related scams, with impersonation accounts spiking by 87% in December 2024. Sophisticated phishing operations have also emerged, exploiting trust and technical vulnerabilities in blockchain. Users are urged to be cautious and vigilant to protect themselves from such scams.

Vitalik Buterin, co-founder of Ethereum, responded to criticism directed toward Ethereum Foundation executive director Aya Miyagotchi and concerns about centralization within the Ethereum ecosystem. Buterin emphasized that the future of Ethereum remains decentralized and that the Ethereum Foundation is just one part of the broader ecosystem. He defended Miyagotchi's role and criticized the community for creating a toxic environment for Ethereum's top talent. Buterin also clarified that he is solely responsible for deciding the Ethereum Foundation's leadership team and that reforms are underway to establish a proper board. However, he suggested that other organizations, such as Consensys, should take on more responsibilities to promote decentralization.

The cryptocurrency market witnessed a significant surge in Chainlink (LINK) prices following a remarkable acquisition by World Liberty Financial (WLFI), associated with former President Donald Trump. WLFI purchased 220,000 LINK tokens, totaling $5.63 million, along with other cryptocurrencies like Aave (AAVE) and TRON (TRX). This buying pressure contributed to a notable 44% uptrend in LINK's price over two weeks, with an 11% increase within 24 hours. Despite remaining below its all-time high, LINK's involvement with the Trump family has generated excitement among investors. Analysts predict an upward price movement toward $35, while market experts report significant withdrawals from exchanges, indicating investor confidence. Technical indicators suggest the potential for further gains, with some predicting a price doubling or even a surge toward $124.80 if historical patterns repeat.

WhiteBIT TR, a cryptocurrency exchange, has partnered with Misyon Bank, a Turkish neobank, to provide European investors with access to major cryptocurrencies. The collaboration aims to leverage WhiteBIT TR's liquidity for BTC, ETH, USDC, USDT, and AVAX on Misyon Bank's crypto asset platform. Turkey's growing crypto adoption, driven by economic factors and a large unbanked population, has led to the approval of new crypto legislation and increased stablecoin usage. The partnership capitalizes on this enthusiasm, with both firms expressing optimism about Turkey's potential as a regional investment hub.

Solana (SOL) initiated a fresh surge, surpassing the $240 resistance level and reclaiming the $2500 mark. SOL formed a base above $225 and embarked on a steady upward trajectory, mirroring the gains of Bitcoin and Ethereum. The price action cleared crucial resistance levels at $235 and $240, breaking above a key bearish trend line with resistance at $245 on the hourly chart. SOL surpassed the 50% Fib retracement level and is currently trading above $250 and the 100-hourly simple moving average. Immediate resistance lies at $262 and the 76.4% Fib retracement level, with subsequent resistance levels at $272, $280, and $292. Failure to overcome the $262 resistance may trigger a decline, with initial support at $250 and the 100-hourly simple moving average. Further declines could find support at $240 and $230. Technical indicators suggest bullish momentum, with the MACD gaining pace in the bullish zone and the RSI above the 50 level.

Bitcoin has reached a new all-time high, surpassing $109,000, while Ethereum lags behind due to internal challenges and reduced demand. The pro-crypto stance of the US administration favors Bitcoin, while Ethereum faces difficulties in the spot market and profitability. Bitcoin's strength is supported by favorable market conditions and regulatory clarity, with the Choppiness Index indicating further growth potential. Ethereum's struggles may require a period of stabilization before recovery, but analysts suggest that Q1 could bring a sudden rebound for the asset.

Ross Ulbricht, the founder of the Silk Road darknet marketplace, has been granted a full pardon by President Trump in recognition of Libertarian support during his campaign. Silk Road, launched in 2011 and shut down in 2013, was a notorious online platform for anonymous transactions of illegal goods and services, primarily drugs, using Bitcoin. Ulbricht was convicted in 2015 and sentenced to life imprisonment plus 40 years for his role in operating the platform. Trump criticized the justice system and referred to Ulbricht's sentence as "ridiculous." The pardon comes after a complex investigation that led to Ulbricht's arrest and the identification of his alias, "Dread Pirate Roberts." Despite Ulbricht's admission to building Silk Road, he claimed to have relinquished control before his arrest.

XRP price initiated a new upswing, surpassing the $3.150 level and holding onto its gains. The price could potentially embark on another surge if it successfully breaches the $3.2250 resistance. XRP managed to rally from the $3.00 support zone, but its gains were limited compared to Bitcoin. The price surpassed several resistance levels, including $3.050 and $3.120, and moved above the 50% Fib retracement level and a bullish trend line on the hourly chart. Currently trading above $3.120 and the 100-hourly Simple Moving Average, XRP faces resistance at $3.2250 and the 61.8% Fib retracement level. Further resistance lies at $3.28, $3.350, $3.450, $3.50, and $3.550, with the ultimate hurdle being $3.650 and a new all-time high. However, failure to overcome the $3.2250 resistance could trigger a decline, with initial support at $3.10 and the trend line, followed by major support at $3.00. A breakdown below $3.00 could lead to further declines towards $2.880 and $2.750. Technical indicators suggest a loss of momentum in the bullish zone, but the RSI remains above the 50 level.