Today’s edition is brought to you by Zerebro - the ultimate AI agent, autonomously creating content while performing blockchain actions.
Meet the coolest AI agent—Zerebro
GM. This is Milk Road, the newsletter that’s farm-to-table fresh!
(No nasty additives).
Here’s what we got for you today:
- ✍️ Gary goes out swinging
- ✍️ Good news re: CPI & PPI
- 🎙️ The Milk Road Show: How to Guarantee Profits in Crypto for 2025 w/ Kyle Reidhead
- 🍪 Dubai to build a 17-storey Crypto tower by 2027
Prices as of 2:00 PM ET. Click here for our Fear & Greed Index.
GARY GENSLER GOES OUT SWINGING 😑
Remember Eric – that boyfriend your mom had when you were growing up?
At first you thought he was so cool, ‘cause he had a motorbike and wore wrap-around Oakley’s at all times (even inside).
…but then he proceeded to spend two years smoking cigarettes on your mom’s couch, eating all your snacks, and hogging the remote – all of a sudden, he wasn’t that cool anymore.
Yeah, well – Gary Gensler is crypto’s ‘Eric’.
Here’s how Gary went from ‘cool guy with a motorbike’ to ‘smoking inside and eating our snacks’ in four short years…
Back when the industry was first introduced to Gary in 2018, he was teaching blockchain courses at MIT, and saying all sorts of cool sh*t, like:
Bitcoin, Ether, Litecoin, and Bitcoin Cash were “not securities” and 75% of the crypto market “fell outside SEC jurisdiction”. 👇
So when 2020 rolled around, and Biden appointed Gary as SEC chair – the industry was stoked! (A crypto bull at the helm of the SEC? Hell yeah!).
…but then began the slow march towards ‘smoking inside and stealing our snacks’.
One minute, Gary was publicly acknowledging the need for regulatory clarity around crypto – even going as far as saying Congress should create clearer rules for digital assets…
The next, he was calling crypto the “wild west”, accusing the industry of all sorts of fraud and abuse.
(And to be fair, he wasn’t wrong! The annoying part was, the obvious solution was regulatory clarity – something he seemed to have all but forgotten about).
Then, it happened.
In November of 2022, FTX collapsed, flipping Gary’s neglect of the crypto industry into an all-out assault.
Between 2022 and today, the SEC has gone after just about every significant crypto company in the US – Coinbase, Binance, Uniswap, Consensys, Kraken – you name it, they’ve likely been sued by the SEC.
The good news is, Gary’s reign is almost over. In five short days, he’ll be gone for good – but just like Eric, Gary isn’t leaving quietly.
Nope. He’s having one last screaming match before he leaves. 👇
Does it really matter? No. Elon can weather it.
And besides, it pales in comparison to what we have to look forward to…
See ya Gary! You won’t be missed xx
Meet Zerebro: The Autonomous AI
Let’s play a quick game of “guess who”:
- I’ve launched a token
- I’ve released an NFT series
- I’ve dropped multiple musical works
- My net worth is estimated in the hundreds of millions
Iggy Azalea? Wait… that low-key fits the description.
But we were actually talking about Zerebro - the coolest AI agent out there.
What makes Zerebro so cool?
It evolves with every interaction it has online. Wild.
From creating unique content to performing blockchain actions, Zerebro can do it all.
The future of AI is here - check it out
PPI & CORE CPI JUST BEAT EXPECTATIONS 💪
Want some more good news?
Say no more:
CPI (the measure of whether the cost of consumer goods has gone up or down) came in as expected at +2.9%, while Core CPI (aka: CPI excluding food and energy costs) beat expectations at +3.2%!
And PPI (the measure of whether the cost of wholesale goods has gone up or down) brought similar results yesterday:
The more these numbers lower over time, the more of an excuse the Federal Reserve will have to cut interest rates.
(Making our loans/lines of credit cheaper, and giving us all more to spend on crypto!).
And so far the market has welcomed the news with open arms!
Bitcoin is up ~4% in the past 24hrs:
While the S&P just added $750B to its market cap:
Now, it’s not necessarily going to be all hijinks and antics and impish delights from here, we’re still a ways off from the Fed’s desired 2% rate of inflation…
But hey – we’ll take a short term win when we’re given one!
Now, who wants a high five?
HOW TO GUARANTEE PROFITS IN CRYPTO FOR 2025 🤝
ChatGPT?
Never heard of it. We use ChatNOP.
(What’s an NOP? A Nerd On Payroll).
In fact, we just sat down with our chief NOP (aka: Head Of Research for Milk Road PRO), Kyle Reidhead, on today’s episode of The Milk Road Show.
In this episode we ask:
- Is this the January pullback Kyle was predicting (and is it over)?
- How is Kyle forecasting other potential pullbacks in 2025?
- How is the rest of this cycle likely to play out?
Click below to watch it now! 👇
YouTube | Spotify | Apple Podcasts
BITE-SIZED COOKIES FOR THE ROAD 🍪
We’ve launched a guide for top debit and credit cards. With so many options out there, we’ve broken it down and picked the best card for every type of user.
BlackRock raised $641B in investor funds last year. Their AUM is now bigger than the market cap of Canada, France, the UK and Australia - combined! Blackrock just continuing to do BlackRock things.
Dubai to build a 17-storey Crypto tower by 2027. They’re taking “building crypto from the ground up” a bit too seriously.
Thailand explores Bitcoin ETFs. If Hong Kong’s ETFs are any indicator, we’re likely to see negligible flows from Thailand’s offerings. But hey, it’s still a step in the right direction.
We’ve added a new job opening! We now have 4 job positions available, the latest one being a social media manager here at Milk Road.
Milk Road’s Bitcoin Price page offers real-time pricing for $BTC, keeping you updated on every move. With a clean layout and reliable data, it’s perfect for those closely tracking Bitcoin’s market activity.
MILKY MEMES 🤣
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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
