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GM. This is Milk Road – the ‘Google Street View car’ of crypto newsletters.

(We map everything out for you).

Here’s what we got for you today:

8 BIG MOMENTS FROM TRUMP’S FIRST FULL DAY IN OFFICE 👀

Yesterday was Trump’s first full day in office – and a lot happened.

Some of it was directly because of him, while some of it was just kind of ‘Trump adjacent’.

Either way, you’re going to want to know about it! Here’s what you missed:

1/ There were seven new ETF filings made yesterday (three of which came right out of left field)

Rex-Osprey just filed for $DOGE, $BONK, and – wait for it – $TRUMP ETFs, confirming that we definitely live in a simulation. 👇

2/ The SEC just launched a pro-crypto task force

‘SEC Crypto 2.0’ will be an agency-wide task force, led by Hester Peirce. 👇

3/ OFAC lifted its sanctions on Tornado Cash 

This one didn’t have anything to do with Trump, but it’s a doozy! 

Tornado Cash, the crypto mixer that helps to make your blockchain transaction private, just had its sanctions lifted by the Office of Foreign Assets Control.

4/ Ross Ulbricht was pardoned/released

Ross Ulbricht, founder of Silk Road (our almost-namesake). He and his sad plant are now free.

5/ The US Government commits to investing $500B in AI infrastructure

What kind of infrastructure exactly? A big ass data center in Texas, that will probably be home to an artificial general intelligence at some point in the future. 👇

6/ The Department Of Government Efficiency (DOGE) got a website

And in the name of efficiency, the website only features a title and a picture of a Dogecoin. 👇

7/ The Trump-owned World Liberty Financial DeFi platform continued to buy $ETH

Wild that this is kind of a second tier story in comparison to everything else. 

A DeFi platform owned by the sitting president of the United States is gobbling up $ETH – and it’s not even headline news!

 8/ Trump tanks $TRUMP by accident

The $TRUMP token took a 30% nosedive yesterday, after Trump was asked about the token and responded "I don't know much about it”. 

At least, that was what made the headlines – his full response was: “I don't know much about it other than when I launched it. Where is it today?"

Here’s what’s getting us excited for the future:

Here’s what’s concerning us ever so slightly:

But in the here and now? Yesterday was a solid day for crypto!

SOLANA STABLECOIN SUPPLY JUMPED 96% THIS MONTH 📈

The stablecoin supply on Solana just went through such a rapid growth spurt, we’re surprised it doesn’t have a peach fuzz moustache and a squeaky voice!

So far in the month of January, Solana’s total stablecoin supply has gone up 96%!

Hell – ‘month’ is too broad a timeline, it happened in days. 👇

And the stablecoin leading the charge? $USDC. 👇

Most of this growth can probably be attributed to the fact that $USDC was one of the main trading pairs for the $TRUMP token throughout its wild weekend.

Regardless of which stablecoin is doing the heavy lifting – this is a great thing for Solana!

…but why is that? 

Stablecoins are stable – so how are they such a positive contributing factor to the Solana ecosystem?

Basically, greater stablecoin supply allows for more whales to come onchain. If you’re a big dog looking to trade in the billions on Solana, you’re going to need stablecoins to trade in and out of (and take profits).

There’s a saying that goes: ‘liquidity begets liquidity’ – which is just nerd talk for ‘money attracts more money’.

Previously, Solana (green line 👇) was kind of struggling as far as stablecoin supply was concerned – but now it’s #3 across all chains!  

Note: this chart excludes Ethereum ($115B) and Tron ($59B) ‘cause they’re too big to fit. 

We love to see it!

THE PRO TEAM DISCUSS AI AGENTS, $TRUMP, THE ETHEREUM CIVIL WAR AND MORE!

Want to know what it's like to be a fly on the wall during a Milk Road PRO research meeting?

Our NOPs (Nerds On Payroll) took over today’s episode of The Milk Road Show, to discuss:

Click below to watch it now! 👇

YouTube | Spotify | Apple Podcasts

BITE-SIZED COOKIES FOR THE ROAD 🍪

Bitunix is handing out 400 USDT for free. All you gotta do is deposit some money, make a trade and the cash is yours. Free money? You gotta love crypto.*

A “Second Foundation” has been created for Ethereum. Looks like something productive has emerged from all the high-school drama yesterday.

You can now claim your $JUP airdrops. Back to back airdrop events in consecutive years? Jupiter is really changing the airdrop game.

MicroStrategy shareholders vote to increase total number of shares. This might not sound exciting at first but it just means that they can now buy more Bitcoin. No stopping them.

We’ve added a new job opening! We now have 4 job positions available, the latest one being a social media manager here at Milk Road.

DeFi Saver manages all your positions across multiple networks. Lending on Ethereum but borrowing on Arbitrum? DeFi Saver keeps it all in one place. Sleek. 

*This is sponsored content

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.