SHIB, WIF Climb 60% as Shorts Lose $50M Betting Against Meme Coins
Pepe (PEPE), the frog-themed meme token on Ethereum, was up as much as 100% to set record highs.Source
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Floki Price Surges 100% as Burn Proposal Passes
As reported last week, the burn removes 2% of the tokens from the circulating supply.Source
Trump MAGA Meme Coins Are the First Experiment in ‘PoliFi’
One part community, one part prediction market, the meme coin with the former president’s namesake is a troll project that became serious, its marketing director told CoinDesk in an interview.Source
Wall Street Journal Accused of Defamation Over 2023 Tether-Bitfinex Article
Christopher Harborne and his aviation fuel broker AML Global were wrongly accused of “committing fraud, laundering money, and financing terrorists,” according to the lawsuit.Source
Meme Coin Rally May Signal Impending Altcoin Season; This Is the Sign to Watch
Bitcoin has led the crypto advance this year, but altcoins could start outperforming soon, analysts said.Source
The Catch-22 of U.S. Crypto Regulation
The SEC is asking crypto and fintech firms to do the impossible. Only Congress can stop that.Source
U.S. Department of Energy Will Start Comment Period on Miner Survey Proposal
The Energy Information Administration, a division within the Department of Energy, said it would solicit feedback on its crypto miner survey after coming to an agreement with the Texas Blockchain Council and Riot Platforms.Source
UK Law Enforcement Will Soon Have More Power to Seize Crypto Assets
A crime bill passed last year gave law enforcement agencies more power to seize and freeze crypto.Source
Meme Coins DOGE and SHIB Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Charts
All 20 of the CD20 assets were positive on the week, with fourteen posting returns greater than 10%.Source