GM. This is Milk Road, the newsletter that digests an unhealthy amount of daily crypto news, and delivers what’s important.
Here’s what we got for you today:
- ✍️ What to look out for this week
- 🎙️ The Milk Road Show: Why Bitcoin’s Next Big Move Could Be $180K, Not $80K w/ Matt Crosby
- 🍪 Coinbase ICO platform?
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WHAT TO LOOK OUT FOR THIS WEEK 📆
The general theme of this week’s outlook?
Optimism is creeping back into the market.
Here’s what’s driving it…
1/ Macro 🌎
The main focus in macro right now:
- Stimmy checks
- Stimmy checks
- Stimmy checks
Will this actually happen? No idea.
If it does – on one hand, it will stimulate the economy and help to boost asset prices (including crypto). Hell yeah.
On the other hand? As of Nov 4, US tariffs have raised $224.7B in 2025. $400B+ in stimmy checks, off the back of $224.7B of tariff revenue?
That math ain’t mathin’.
Though… once there’s an extra $2k in everyone's bank accounts, are most folks going to care if that extra ~$200B comes from, say, the money printer? Doubt it.
Here’s what to keep an eye on:
The combination of stimulus checks & lowered rates tends to increase the cost of goods – meaning this could bring inflation fears back into focus.
If all of the above were to happen, the question isn’t so much IF inflation will happen, but by how much – and that’s something to keep an eye on.
‘Cause right now, the Fed is fighting two beasts:
Inflation (fought with rate increases – restricting economic growth & hurting asset prices), and growing unemployment (fought with rate decreases – which typically help asset prices).
Right now, unemployment is seen as the bigger issue (hence the recent cuts), but increased/continued inflation could change that.
In the interim, history tells us that: stimulus checks + lowered rates = number go up.
(See: 2020/2021).
2/ Government 🏛️
After 40 days (the longest shutdown in US history so far), the Senate has unlocked a path to reopen the government, and Polymarket is now predicting it will happen this Thursday:
This would allow the US Treasury to start taking the ~$1T piled up in the TGA (aka: the government’s checking account), and pushing it into the US economy.
That’s *checks notes* bullish.
3/ Earnings 💰
The two companies on this list that we’re watching this week are: Circle (issuers of USDC) and Bitfarms (a BTC mining company).
BTW: we’ll be talking to Circle’s CTO, Nikhil Chandhok, to break down the company’s earnings, this Friday on The Milk Road Show.
And get this…
All of the above? That’s just the half of it.
Keep scrolling and we’ll check out the charts, unlocks, and podcast episodes to watch for this week. 👇
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WHAT TO LOOK OUT FOR THIS WEEK (P2) 📆
Caught your breath? Good.
Here’s everything else coming down the pike this week:
4/ Charts 📈
What’s good for Bitcoin is typically good for crypto as a whole – and one chart that has been on many investors' radars is BTC’s 50-week simple moving average (50W SMA).
If Bitcoin can hold itself above its 50-week average price, it suggests that the top is not yet in.
(Meanwhile, multiple closes below the 50W SMA typically signals the end of a BTC bull run).
Good news is: BTC closed above the 50W SMA last night (phew!).
5/ Unlocks 🔓
This week we’ve got unlocks for some big names, including: PUMP, APT and STRK.
Thankfully these unlocks aren’t too absurd as far as % of supply is concerned, so hopefully the market will be able to absorb it all without hurting prices.
6/ Podcasts 🎙️
Damn! This might be the most action packed/star studded week in the Milk Road Podcast ecosystem’s history.
Here’s what we’ve got:
- Wednesday – Mike Novogratz, CEO of Galaxy Digital – on the first ever episode of the Milk Road AI Podcast
- Thursday – Phong Le, President and CEO of Strategy (MSTR) – The Milk Road Show
- Friday – Nikhil Chandhok, Chief Product & Technology Officer at Circle – The Milk Road Show
- Friday – the AI Rollup with Potrock and Duncan – Milk Road AI (👈 subscribe to the channel now, so you don’t miss these episodes!)
Ok, now – as always…
Ready your Sharpies, mark your calendars, and make your offerings to the crypto gods.
BITE-SIZED COOKIES FOR THE ROAD 🍪
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Coinbase ICO platform? Coinbase is launching a Digital Token Offering Platform, starting with the Monad token sale.
Hard pass: The Bank of England has proposed temporary holding limits of £20k (~$26k USD) worth of stablecoins for individuals.
Neobanks = bullish. Why crypto’s biggest firms are jumping on the neobank trend — DL News.
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*this is sponsored content.
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