Following Trump’s tariffs, Arthur Hayes expects a “fiat liquidity bonanza.” Plus, he reveals how his pardon came about.
💸 Crypto liquidations top the bill, 🔍 VCs buy on the sly amid the crash, 💸 $30M exits MELANIA wallets, 📊 A leveraged XRP ETF starts trading, 🥶 Circle gets cold feet on IPO, and more!
Plus, 🥊 Conor McGregor’s REAL token fails, 📺 Pump.fun revives livestreams, and 🏛️ Trump’s crypto banking reforms face resistance.
On Wednesday, USDC stablecoin issuer Circle filed for an initial public offering with the SEC. Its financials show the headwinds and tailwinds it faces as competition heats up.
Crypto nosedived, along with broader markets, as U.S. President Trump followed through on his threat to put up tariff barriers around the world.
👩💻 Major Ethereum protocol upgrades, 🤝 U.S. Senate advances Trump’s SEC pick, 🎈 Babylon’s 600M token airdrop, and 🤺 EigenLayer begins slashing.
📉 Trump’s newest tariffs crash crypto, !!️ FDUSD briefly depegged as Justin Sun alleges insolvency, 😬 former NY governor advised OKX on federal probe, and U.S. stablecoin regulation moves forward ➡️.
💰 Coinbase earns more from USDC than Circle, 🦄 Uniswap holders vote to continue treasury delegation, 👩⚖️ SEC and Gemini file for lawsuit resolution, 😬 Ethereum L2 fees drop 95% since March.
The DeFi industry faces a growing dilemma between shutting down criminal behavior and fostering freedom and genuine utility. What’s the solution?
🇺🇸 BlackRock CEO: Bitcoin could destabilize the US dollar, 💰 Trump family controls 60% stake in WLFI, 🤝 Circle choses JPM and Citi for its IPO, 📉 ETH/BTC ratio at 5-year low.
Pump.Fun’s DEX hits $2.5 billion volume, BTC price falls amid trade war, FTX major creditors repayments coming in May, California lawmakers look to protect “Bitcoin rights.”
Don’t miss this week’s content and interviews!
