ETH Comeback? Genius Act Passed, Pump ICO Mania, and CBDC Doom | Token Narratives Ep. 61

It’s been one of the most impactful weeks in crypto this year.
In this episode of Token Narratives, @_dsencil and @graminitha1 break down the U.S. House passing the Genius Act, a landmark stablecoin bill that could reshape the global financial system. What does it mean for stablecoin issuers, for banks — and for crypto markets?
They dive into:
Why this legislation could accelerate stablecoin adoption globally, while also putting small banks under pressure.
How the Genius Act might fuel consolidation in finance — and whether that’s actually bullish for consumers.
What this means for stablecoin giants like Tether and USDC, and why the Euro CBDC may already be dead on arrival.
Then it’s a full-on ETH debate: is this the beginning of a true Ethereum reversal, or just another exit pump? They unpack the ETH ETF inflows, staking developments, and $SBET’s surprise plan to buy $5B of ETH — and whether any of that matters long term.
Finally, the guys unpack the $PUMP ICO madness — the largest public raise since 2017. With $600 million raised in 12 minutes and hype from every major Solana voice, is there actually anything under the hood?
This episode has regulation, markets, bags, and bags of cope. Don't miss it.