What I'm Reading This Week (2025/06.01-06.07)

Table of Contents

• Trends
• What I Am Reading
  • 1. Circle’s stock price briefly breaks $118, up over 42% today

Trends

Trader James lost 100 million, while those trading against him made a fortune. This person openly boasted about it on Hyper Liquid, but has now admitted fault and switched to Binance.

I’m unwilling to write about the Trump family’s moves in the crypto space these past few weeks. Whether it’s USD1 or the WLFI airdrop, I don’t like it. I don’t want my weekly report to become a log of these things.

What I Am Reading

1. Circle’s stock price briefly breaks $118, up over 42% today

• Circle’s listing marks the exit of some major players leveraging the liquidity of the U.S. stock market.