Empire

Don’t Midcurve Circle and PumpFun | Weekly Roundup

23 snips
Jun 6, 2025
Yano and Santi dive into the world of crypto, discussing the implications of Circle's oversubscribed IPO and Robinhood's expanding influence. They explore the excitement around Pump.fun's billion-dollar raise and dissect Coinbase's shifting position in the market. The hosts also touch on the intersection of politics and crypto, with humorous takes on the Trump family's involvement. Plus, they delve into the complexities of stablecoins in global remittances and the latest DeFi innovations, all while cautioning listeners about rising scams.
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ADVICE

Avoid Empire Scam Impersonators

  • Beware of fake Empire scammers impersonating producers on social platforms.
  • Only engage with verified contacts listed in the official Empire communications.
INSIGHT

Circle IPO Surpasses Expectations

  • Circle's IPO was 20 times oversubscribed, showing strong institutional demand.
  • Circle trades at about 24 times 2024 EBITDA, highlighting confidence in stablecoin growth.
INSIGHT

Circle Sentiment Split: Twitter vs Markets

  • Crypto Twitter sentiment on Circle was bearish, focusing on rate risk and operational expenses.
  • Institutional investors viewed Circle as a key stablecoin play, leading to strong IPO demand.
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