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Pump Fun plans $1B token sale at $4B valuation
Infamous memecoin platform is planning to raise $1 billion through a token sale at a $4 billion valuation, according to Blockworks. The company has already generated over $700 million in cumulative revenue since launching and is one of the fastest growing startups of all time. Read more →
Big Beautiful Deficit
Fresh off leaving his role as a special government employee, Elon Musk reposted Coinbase CEO Brian Armstrong’s warning that if DC doesn’t tame its runaway deficits, bitcoin will end up as the world’s reserve currency. Musk, who just blasted Congress’s “big, beautiful” tax bill that adds trillions to the deficit, has clearly made shrinking US debt his new crusade and we’re all here for it. But to coin analyst Lyn Alden, the dark truth to this matter is that nothing really stops this train. Bill or no bill, she makes the case that deficits are already locked on autopilot. Read more →
Brian Armstrong @brian_armstrong
If the electorate doesn’t hold congress accountable to reducing the deficit, and start paying down the debt, Bitcoin is going to take over as reserve currency.
I love Bitcoin, but a strong America is also super important for the world. We need to get our finances under control.
Ethereum Co-Founder in Talks With 'Major Sovereign Wealth Funds'
On a Rug Radio podcast, Ethereum co-founder and Consensys CEO Joe Lubin said his team is in “active talks” with big-name banks and sovereign-wealth funds from a “very large” country about building infrastructure within the Ethereum ecosystem, involving both Layer 1 and Layer 2. While governments have flirted with Bitcoin treasuries for years, fresh institutional interest in actually building on Ethereum signals a broader revival of ETH’s appeal. Read More →
This investment is crushing every other asset right now
With gold prices now at the highest levels ever, well north of $3,000 per ounce… It’s critical investors are aware of a unique opportunity — a special investment with a long history of multiplying physical gold profits many times over. And that’s all without buying a single ounce of gold. To help you get ahead of this historic market shift, click here →
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Chinese firm Webus to raise up to $300 million for XRP treasury Link»
Ripple contradicts reporting saying they never made a bid to acquire Circle Link»
