The world of cryptocurrency has been buzzing with exciting news and developments this week. From former President Donald Trump's surprising crypto holdings to a proposed bill allowing Bitcoin tax payments, there's been no shortage of intriguing stories. Let's dive into the top highlights of the week.

Trump's Crypto Holdings Spark Interest

Donald Trump, the former President of the United States, has found himself in the crypto spotlight. His digital wallet contains over half a million TRUMP MAGA tokens, sparking curiosity about the value of his holdings. The tokens were allocated as part of a marketing scheme, making Trump the first recipient of such a gesture.

Bitcoin Tax Payments Proposed

Congressman Matt Gaetz has introduced a bill that could revolutionize tax payments. The proposed legislation would allow federal income tax payments to be made in Bitcoin, offering taxpayers a new way to settle their tax liabilities. This move could have significant implications for the cryptocurrency market.

Crypto Analyst Shares Thoughts on Memecoins

Michaël van de Poppe, a prominent cryptocurrency analyst, has shared his views on meme coins like Dogecoin and Shiba Inu. Despite their popularity, he expressed a general dislike for these coins, criticizing celebrities who use their influence to launch meme coins for financial gain.

Ark Invest Makes Significant Moves

Cathie Wood's Ark Invest has made some notable trades in the market. The firm acquired $7.3 million worth of shares in Roku Inc., a promising Netflix competitor. This move comes amidst a volatile market, showcasing Ark Invest's confidence in the company's potential.

US Government Transfers Bitcoin

Wallets linked to the US government have transferred a significant amount of cryptocurrency, valued at $241 million, onto Coinbase. This move follows a similar transfer by the German government, sparking interest in the government's cryptocurrency activities.

In conclusion, this week in cryptocurrency has been filled with exciting developments and proposals. From Trump's crypto holdings to the potential for Bitcoin tax payments, the market is constantly evolving. As the world of cryptocurrency continues to grow and change, one thing is certain - it's an exciting time to be a part of this rapidly evolving space.