🥛 What you missed this week 👀

GM. This is Milk Road, the crypto newsletter that breaks down markets faster than the U.S. racks up debt.

Here’re the quick highlights from the week:

✍️ Robinhood dropped a bundle of crypto updates
🎙️ The market is heating up but not for all tokens
🌐 The U.S. is adding $4T to its debt
🎲 We listed the top 3 memecoins for the week

Mezo unlocks stablecoins like $MUSD using your Bitcoin, without triggering taxes. Borrow $MUSD with Mezo

WHAT YOU MISSED THIS WEEK (P1)

Crypto headlines you shouldn’t miss

👉 Robinhood held a crypto keynote on Monday and there were a hoaaard of announcements. The biggest one is that you can buy privately traded stocks (such as Open AI and SpaceX) onchain. (read more)

👉 We’re officially halfway through 2025, so we figured it’s the perfect time for a crypto halftime show. (read more)

👉 Circle is leading the top 5 revenue generators for this month. (read more)

👉 Bitmine ($BMNR) adopted an $ETH treasury strategy causing its stock to pump 1721% over three trading days. (read more)

👉 We dropped an article on Bitget’s Unified Trading Account (UTA) that lets you trade spot, futures and margin all from one place.* (read more)

Top podcasts of the week 🎙️

👉 We absolutely love having Yano on the pod. He comes on to talk IPO mania, $HYPE vs. $SOL and a full recap on Permissionless. (listen in)

👉 Ran Neuner, founder of Crypto Banter, talks about how crypto is on the verge of a breakout but not for all tokens. (listen in)

👉 At the start of every month, our PRO team adds $1,000 to their portfolio. They discuss latest market trends to decide where’s the place to allocate the thousand bucks. (listen in)

HERE’S A TAX HACK YOU NEED TO KNOW

Let me hit you with a quick Tax 101 lesson:

If you sell your $BTC or swap it for a stablecoin, you will have to pay capital gains tax.

BUT…

If you borrow a stablecoin (like $MUSD) against your Bitcoin? No tax owed.

Sound confusing? Here’s a breakdown:

Head to Mezo Borrow
Deposit your $BTC
Borrow $MUSD (Mezo’s stablecoin) using $BTC as collateral

Boom. You’ve just accessed liquidity without selling your Bitcoin and without triggering taxes.

Stack $MUSD, not tax bills.

Borrow $MUSD with Mezo

Disclaimer: The information provided on this newsletter is for general informational purposes only. It does not constitute, and should not be considered, legal, tax or investment advice, or other type of advice. Consult with a qualified professional if in need of such advice.

WHAT YOU MISSED THIS WEEK (P2)

All the macro stuff you might have missed 🌐

👉 We expect a huge inflow of funds to rush into stocks in the next 1-3 months. (read more)

👉 Trump’s “Big Beautiful Bill” will add more than $4T in US debt over the next few years. Learn why this is good news for risk assets like crypto. (read more)