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

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

Grayscale GBTC Selling Accelerates but Bitcoin ETF Inflows Remain Positive, Led by BlackRock

Outflows from Grayscale’s bitcoin fund GBTC spiked Thursday, but inflows into U.S.-listed spot bitcoin ETFs remained positive, led by another strong day for BlackRock’s ETF.Source

Indonesia’s Crypto Watchdog Pushes for Friendlier Taxes as Regulatory Overhaul Looms

Crypto is classified as a commodity in Indonesia and is subject to VAT and income tax.Source

Craig Wright Accuses Critics of Bugging His House, Spoofing Emails to Bring Him Back to Court

Wright returned to the stand in the U.K. COPA trial to defend accusations of forging doctoring emails he’d sent his former lawyers.Source

BlackRock’s Spot Bitcoin ETF Starts Trading in Brazil

BlackRock’s iShares Bitcoin Trust ETF (IBIT), by far the most successful of the 10 spot bitcoin exchange-traded funds, started trading on the Brazilian stock exchange B3, the company said. The asset manager announced the expansion on Thursday.Source