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GM. This is Milk Road, the newsletter that stays plugged-in to crypto newsfeeds (à la Neo in the Matrix) so you can stay up to date. |
Here’s what we got for you today: |
✍️ 5 big announcements from Coinbase ✍️ Reviewing our 2025 market predictions 🎙️ The Milk Road Show: Milk Road Mid-Year Crypto Predictions Update for 2025 🍪 $SBET tanked 75% overnight |
Offramp lets you load stablecoins or USD via bank transfer, then spend it anywhere with a virtual or physical Visa card. Claim your crypto card for free now! |
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5 BIG ANNOUNCEMENTS FROM THE 2025 COINBASE CRYPTO SUMMIT 👀 |
Didn’t catch the 6.5 hr Coinbase 2025 Crypto Summit live stream? |
Don’t worry, we got you covered! |
Here’s what you missed: |
1/ Coinbase is bringing DEXs to its CEX |
Create a Phantom wallet → save your recovery key → buy $USDC on Coinbase → send it over to your Phantom wallet → find a DEX you trust (like Milk Road Swap 😉) → swap your $USDC for your desired token. |
Previously, that’s what you had to do if you wanted to buy niche tokens not offered on centralized exchanges (CEXs) like Coinbase. It was tiring. |
Now, Coinbase will begin doing all of that for you in the background (starting with Aerodrome) – without you ever leaving the app. |
Plus, users can: |
Lend on Morpho and take out a loan in $USDC Stake with $ETH, $SOL, etc Earn yield on $USDC |
All without creating a new wallet (that happens in the background) or paying gas fees (Coinbase covers that). |
And according to Catherine Shyu Sullivan, from Coinbase’s onchain products team – this is just the beginning. 👇 |
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2/ You can now pay with crypto on Shopify |
Click a button. Face ID verifies it’s you. Boom, you just paid with $USDC on Shopify. |
That process is SO much harder to make work than you might think – ‘cause your average online purchase isn’t just an exchange between you and a business. |
It involves multiple hand-offs between payment gateways, payment processors, merchant accounts, acquiring banks, and card networks… the craziest part? |
Coinbase and Shopify not only figured out how to cram all of this into a single smart contract – they made it open source (so other ecommerce providers can just copy/paste/adopt it). |
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3/ Bringing crypto derivatives to the US |
Deribit owns 78% of the global crypto derivatives market. Now Coinbase owns them. Together, they’re bringing the Deribit platform to the US for the first time. 💪 |
4/ Crypto banking with Coinbase Business |
Coinbase Business = an online business banking interface with crypto at its core – enabling crypto-based payments, accounting, and treasuries for everyday companies. |
5/ The Coinbase One Card |
“Spend dollars, make Bitcoin” (Hell yeah) 👇 |
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The throughline with all of this? |
Most of the users and capital in the crypto world live on centralized platforms (aka: offchain). |
Instead of forcing these users & capital to move onchain (and off their platform), Coinbase is bringing the onchain experience to them. |
The end goal: Coinbase = the crypto ‘everything app’. |
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REVIEWING OUR 2025 MARKET PREDICTIONS 🥴 |
We just dropped an update on our 2025 predictions on today’s episode of The Milk Road Show. 👇 |
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YouTube | Spotify | Apple Podcasts |
I suggest you watch the whole thing. But if you’re at work, or simply prefer to read – I got you. |
Here’s a TL;DR of what you missed: |
All of our predictions stayed pretty much the same, but the dates changed. Instead of a year-end market top, we’re all now expecting a 2026 peak. Kyle made predictions with a bunch of potential variables and (annoyingly) nailed just about all of them. Tyler is pretty much wrong on 5/5 of his predictions – though I can’t gloat, ‘cause I’m down on 4/5 of mine. Jay’s long-held wish that “blockchain gaming will onboard the world” is still yet to materialize. Our rough collective consensus is that the market will peak with a minimum of a ~$180k $BTC, a ~$10k $ETH, and a ~$800 $SOL. |
Though that last point doesn’t include the opinion of our lead NOP (Nerd On Payroll), Martin. |
He wasn’t able to make it to the recording. He claimed ‘personal reasons’ – but I have a sneaking suspicion he took the afternoon off to play padel. |
Conspiracies aside – we promised we’d publish his updated predictions here: |
1/ Bitcoin |
“I said $180K, but if a Strategic Bitcoin Reserve is approved, then we go much higher. |
Many central banks and large companies are now considering adding Bitcoin to their balance sheet, which means it really is just a question of time (I think $BTC can go above $250k, easily).” |
2/ Ethereum |
“I initially predicted $8k (and I stand by that), but it’s also worth acknowledging that I have way more confidence in Ethereum now than I did last year – it has seen huge progress in the last 5 months.” |
3/ Solana |
“I view Solana as a retail chain, attracting a lot of speculative stuff – but I’m not sure what their long-term moat is. This lack of defensibility concerns me. |
I predicted a peak of $800 for $SOL, but I’m actually going to lower that prediction to $650.” |
Yikes. As someone who trusts Martin’s analysis but is 100% allocated to Solana – I feel somewhat conflicted right now. |
If anyone needs me, I’ll be hyperventilating into a paper bag in the nearest broom closet. |
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THAT’S A WRAP PEOPLE! 👏 |
We just wrapped up the first week of Milk Road Degen, and it was a BANG-OR! |
Thousands of you aped in to learn about the wildest sh*t in crypto. |
We’re still catching our breath and finding our bearings, but the early reviews are in: |
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Here’s what we broke down this week: |
🧪 Why HyperLiquid is brewing for a meme explosion |
🚀 3 memecoins to watch this week |
It’s all delivered twice a week - every Wednesday and Friday. |
Haven’t subscribed yet? Fix that: |
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BITE-SIZED COOKIES FOR THE ROAD 🍪 |
Just a few steps away from EthCC, TezDev is happening on July 3rd in Cannes. Apart from being Tezos’s flagship event, it’s got a pretty catchy name.* |
$SBET tanked 75% overnight! After buying into it just a few days earlier, here’s what our founder Kyle has to say about it. |
What’s the worst thing for our bags? War. And we’re seeing one between Israel and Iran right now. |
Remember when the Trump family invested in a Bitcoin mining company? Well, they’ve got a pretty bold growth plan to become one of the top miners in the space. |
Stablecoins are a killer product. So much so that giants like Walmart and Amazon are eyeing the idea of launching their own. |
Wanna work for Milk Road? We’re hiring across multiple roles — click here and drop us a line! |
Crypto cashback, baaaby! The Gemini Credit Card gives you 4% back on gas, 3% on dining, 2% on groceries and 1% on everything else.** |
*this is sponsored content. **this is partner content. |
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MILKY MEMES 🤣 |
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ROADIE REVIEW OF THE DAY 🥛 |
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