No major shakeups in the market, with Bitcoin trading slightly lower at $104K. Circle and its backers, including CEO Jeremy Allaire, sold 34 million shares above the marketed range at around $31 each, netting the firm approximately $1.1 billion. Pump.fun, the memecoin generator that revitalized the Solana ecosystem, plans to raise $1 billion through a token sale at a $4 billion valuation. Robinhood has completed its $200 million acquisition of crypto exchange Bitstamp. Meanwhile, James Wynn has asked the crypto community for donations to help him fight the “market-making cabal.”