Billionaires, power, and mud fights.

Trump vs Musk: the bromance is over.

The relationship between Trump and Musk has taken a sharp turn. This week, a controversial bill was rushed through Congress, eliminating tax breaks for electric vehicles. The vote happened in the middle of the night, with no public debate or review. Musk lashed out on X, calling the process “un-American.”

Trump fired back on Truth Social. What started as a shared opposition to the establishment has now become a public clash between two of the most powerful figures in tech and politics. The stock market didn’t like the uncertainty — Tesla dropped, and the general sentiment turned negative.

Circle goes public: Wall Street loves stablecoins.

Circle, the company behind the USDC stablecoin, went public this week. The demand was overwhelming: the IPO was 25x oversubscribed. It’s the first-ever stock listing of a stablecoin issuer, marking a major milestone for the crypto industry.

Stablecoins are the quiet engine behind most of crypto — enabling fast payments and global transactions without the volatility of regular crypto. Circle’s IPO shows that traditional investors are starting to embrace this layer of crypto infrastructure. That’s a big win for crypto adoption as a whole.

Pump.fun launches second-largest token sale ever.

While Circle went the traditional route to raise capital, another crypto project is going full degen. Pump.fun — the wildly popular memecoin generator — launched a token sale that could raise up to $1 billion. If successful, it would be the second-largest public token sale in crypto history.

Pump.fun makes it ridiculously easy to launch your own memecoin. It taps directly into the global appetite for speculation: fast, anonymous, and sometimes absurdly profitable. The contrast with Circle couldn’t be more striking — from a regulated payment layer to a digital casino. And yet, both fall under the same banner: crypto.