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Stablecoin Legislation, Pump's ICO, Bull Market Vibes, and More!
Don't miss this week's content!
Juan Aranovich
July 19, 2025
Good Saturday! Here’s what we unpacked on the pod this week:
🏛️ Stablecoin Law Passes – What the GENIUS Act really changes—and who it helps most.
💥 Pump.fun’s $600M Moment – Did we just witness the rebirth of the ICO?
📊 Bits + Bips: BTC, Bills & Blowups – Bitcoin rips, Congress moves, and memecoins go wild.
🔥 The Chopping Block: Bull Market or Bubble? – Pump.fun mania, trading chaos, and policy breakthroughs collide.
Catch up on anything you missed 👇
America Finally Has Stablecoin Legislation. Here’s What It Means and What Comes Next
The U.S. finally passed stablecoin legislation. Here’s what Circle’s top exec says happens now.
After years of gridlock, the U.S. is about to pass its first-ever federal crypto law.
The GENIUS Act, stablecoin legislation backed by both parties, was signed by President Trump after a last-minute showdown in Congress. Despite being seen as a sure thing, the bill’s path turned turbulent this week, with objections from Democrats over Trump’s crypto ties, and a sudden revolt from the Freedom Caucus around anti-CBDC language.
Now that it’s through, what will this law actually do? And who stands to benefit—or lose?
In this episode, Dante Disparte, Circle’s chief strategy officer and one of the key players behind the legislation, joins Unchained to explain:
How the bill won bipartisan support despite political tensions
Why banks may think twice before issuing stablecoins
And why Circle is applying for a national trust bank charter
Plus, the battle over interest-bearing stablecoins, how this bill fits into the broader financial regulatory landscape, and whether U.S. consumers and the dollar come out ahead.
Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform.
Pump.fun Just Raised $600M. What Does This Mean for DeFi, Solana & Social Media?
What if crypto’s next big narrative isn’t DeFi, but financial entertainment?
The weeks leading up to Pump.fun’s ICO were contentious: accusations that it was extractive, debates over decentralization, and outrage over allocations.
In the end, the company pulled off the third-largest ICO in crypto history, raising $600 million in 12 minutes.
The day of, Solana barely flinched under the load, and onchain platforms like Hyperliquid and Raydium left CEXes looking outdated.
In this episode of Unchained, Haseeb Qureshi of Dragonfly and Joe McCann of Asymmetric join Laura to break down:
Whether this marks the return of ICOs
The objections to the small ($10 million) airdrop to creators
How Pump.fun’s ambitions could reshape memecoins, and maybe Solana itself
And why TikTok might not need to worry just yet
Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform.
Bits + Bips: Who Wins If the GENIUS Act Passes, and Is Bitcoin’s Rally Over?
Bitcoin’s ripping, banks eye stablecoins as Congress nears the finish line, and Pump.fun reignites ICOs. But now what?
Bitcoin broke its all-time high. Meanwhile, stablecoin legislation just passed. And the macro picture is a powder keg.
In this episode of Bits + Bips, Steve Ehrlich, Ram Ahluwalia, and Noelle Acheson are joined by Austin Campbell to break down what’s really driving markets, and what could break them. From the GENIUS Act reshaping stablecoins to tariffs putting pressure on the Fed, to the Pump.fun ICO and memecoin mania, nothing is off limits.
And with crypto ripping, is it time to ride the rally, or take some risk off the table?
Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform.
The Chopping Block: Pump, Perps, and Policy: Crypto’s Multi-Front Bull Market
Pump.fun’s $500M ICO, Hyperliquid’s Trading Surge, and Crypto’s Legislative Breakthroughs Collide in a Frenzied Bull Market – The Chopping Block
Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest in crypto. In this episode, the crew breaks down the return of the ICO — but with a twist.
Pump.fun’s $500 million token sale sells out in 12 minutes, sparking a heated debate about forward markets, new market structure design, and whether we’ve entered a smarter, more institutionalized fundraising era—or just rebranded 2017 chaos. Hyperliquid becomes the surprise king of pre-launch liquidity, exchanges buckle under demand, and a new class of crypto treasury vehicles raises eyebrows (and capital).
Meanwhile, Trump declares “Crypto Week” as Congress moves forward with the most sweeping legislation the industry’s seen in years. Is crypto finally growing up—or just getting better at dumping on retail? The gang dissects the narratives, the numbers, and the fallout.
Show highlights:
🔹 Pump.fun’s ICO Raises $500M in 12 Minutes – The largest token sale in recent memory, with 25,000+ KYC’d participants and CEX/DEX syndication.
🔹 Forward Markets & Hedging Games – Kraken and Bybit face issues as sophisticated traders attempt to arb between ICO allocations and perps.
🔹 New Market Design – Pump introduces a novel multi-venue, API-synced launch structure; future ICOs may follow suit.
🔹 CT Has Negative Alpha – Crypto Twitter sentiment was wildly bearish… right before the most oversubscribed sale in years.
🔹 Hyperliquid Hits $11.5B OI – Becomes the dominant venue for pump trading, eclipsing even CEXs; pre-launch volume milestone.
🔹 Treasury Vehicle Controversy – $888M raised for hype via a new structure; Tarun questions whether it’s a liquidity gateway or retail dump machine.
🔹 Trump Declares Crypto Week – Genius Act (stablecoins), Clarity Act (market structure), and Anti-CBDC Act all hit the House floor.
🔹 Polymarket Vindicated – DOJ and CFTC drop their probe into Shane Coplan’s prediction market platform.
🔹 Altcoin Momentum Returns – $PENGU +270%, $SUI +60%, $UNI +43%; narrative shifts from “revenue meta” to “meme meta.”
🔹 Solana vs. Hyperliquid – Hype replaces SOL as the go-to high-beta asset? The team debates competing ecosystems.
Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform.
In Case You Missed It 👀
The GENIUS Act creates the first U.S. stablecoin framework: big banks, President Trump, and Circle win, while Big Tech and Tether face challenges.
The world’s second-largest digital asset had been losing ground to key rivals like bitcoin and solana. Not anymore.
Crypto prime broker FalconX says that clients are using these contracts to make large wagers on the token’s price continuing to rise.
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