From Wall Street to wallet wars — crypto’s first week of June brought heavy capital, sharp consolidation, and political chaos.

Circle’s IPO exploded 167% on day one. Robinhood acquired Bitstamp to fuel its global institutional crypto play. Yuga Labs sold off Moonbirds, while Pump.fun’s rumored $1B token sale spooked the memecoin market. Meanwhile, political drama unfolded as dueling “Trump wallets” fought for legitimacy.

In this episode, we break down:

• Circle’s record IPO and what it means for stablecoin infrastructure
• Robinhood’s $200M Bitstamp deal and institutional crypto ambitions
• Yuga Labs’ NFT IP strategy shift via Moonbirds sale
• Pump.fun’s potential $1B token raise — liquidity risk or market reset?
• The “Trump Wallet Wars” and the politicization of crypto