This week in the crypto world, former President Donald Trump is in the news again, this time for holding over half a million TRUMP (CRYPTO: MAGA) tokens. These tokens were part of a marketing scheme by MAGA, the first project to allocate tokens to a politician's wallet.
Meanwhile, Congressman Matt Gaetz has introduced a bill that would allow federal income tax payments to be made in Bitcoin BTC/USD. The legislation seeks to amend the Internal Revenue Code of 1986, offering a new option for taxpayers to settle their tax liabilities.
Cryptocurrency analyst Michaël van de Poppe has expressed his dislike for memecoins like Dogecoin DOGE/USD and Shiba Inu SHIB/USD, criticizing celebrities who use their influence to launch meme coins for personal financial gain.
In other news, Ark Invest made significant trades in Roku Inc. ROKU and Coinbase Global Inc. COIN, acquiring $7.3 million worth of shares in Roku Inc., a competitor to Netflix.
Finally, wallets believed to be connected to the US government have transferred a significant amount of cryptocurrency—3,940 Bitcoin valued at $241 million—onto Coinbase. This follows a similar transfer by the German government.
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