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💰 Massive crypto IPO
Circle files on the NYSE, markets rebound as Trump delays EU tariffs, and Tom Brady invests in an AI crypto startup.
Top Stories
BTC $109,548 (-0.1%) | ETH $2,639 (3.0%) | SOL $176 (-0.5%)
Circle files for IPO on NYSE
Trump delays EU tariffs to July 9
AI x Crypto startup Catena Labs founded by Circle co-founder raises $18M from a16z, Coinbase, Circle, and Tom Brady
Following the Cetus hack, SUI allocates $10M to security including bug bounties and audits — Cetus calls for community vote to guide return of frozen funds
News that Trump media was raising $3B to acquire crypto was denied
The Blockchain Group raises over 63M Euros through convertible bonds to pursue Bitcoin treasury strategy
Binance introduces trading live streams
Florida considers ending capital gains tax on crypto and equities
Circle denies that is in talks with Ripple and Coinbase for a potential sale
Dubai launches a real estate tokenization platform on XRP ledger
A crypto investor gets tortured in an NYC penthouse
Top Movers
What to Watch For
Two different projects backed by respected builders in this space look to be coming out of stealth this week. I’m keeping a close eye on both
Project X

Team: BobbyBigYield and Lamboland
Chain: HyperEVM
What is it?:
Few details are released but with the team’s background I’m betting it involves SocialFi in some capacity
Why it’s interesting:
This is the team that built Pacmoon last year, one of the first successful SocialFi products.
InfoFi and SocialFi are emerging narratives this cycle and Hyperliquid has seen massive gains in token price and mindshare over the last few months
Actions to take:
Follow ProjectX, Bobby, and Lambo
Loud

Team: 0xUltra
Chain: Solana
What is it?:
An experiment with a pure attention token, LOUD. The LOUD flyhweel starts as traders speculate on the token and trading fees go into a pool subsidize marketing. This pool goes directly to the top 25 users on the LOUD mindshare leaderboard, creating a competition to create the best content promoting the token. There is also a portion of token that is distributed weekly to people staking the KAITO token.
Why it’s interesting:
$LOUD is an interesting experiment on the value of a pure attention token
Ultra has been a dashboard wiz as most recently seen by his Believe ecosystem dashboard
There is Kaito partnership and Loud has rocketed to the top of Kaito mindshare leaderboard across all projects
Actions to take:
If you are on Kaito (especially if you are staking), make sure to add your Solana wallet to your account
Connect your twitter account and Solana wallet to their website and tweet about Loud to try to enter the top 25