💊 Respect the PUMP

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Hey there! It’s finally Friday.

This is the last day of deep learning mode for Blockworks Editorial — so you can expect the return of our regular commentary and data-driven insights, starting Monday.

In the meantime, enjoy one last extended roundup of interesting stuff from all around the web.

• Gemini has successfully raised $425 million as part of its IPO, with shares priced at $28 apiece. Shares were initially expected to be priced between $17 and $19.

• Coinbase has requested a federal court to order a thorough search for Gary Gensler’s deleted text messages, which spanned October 2022 to September 2023.

• Ethena has withdrawn from the race to launch Hyperliquid’s stablecoin USDH.

• Consensys CEO Joe Lubin hints at future LINEA perks (an airdrop, perhaps?).

• What’s next for crypto markets as Fed rate cut expectation holds?

• Starknet’s Grinta upgrade is massive, but arrived with turbulence.

• Respect the PUMP: Crypto’s emerging meme season.

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