Milk Road
Posts
🥛 Market movers to watch for this week 🔍

🥛 Market movers to watch for this week 🔍

PLUS: Why $BTC is the CAGR king 👑

Chevy Cassar
April 28, 2025

Today’s edition is brought to you by Avalanche Summit - a premier crypto event showcasing the latest developments and key announcements from Avalanche.

Buy tickets for the Avalanche Summit happening in London

GM. This is Milk Road, the crypto newsletter that helps you look smart to your friends and win arguments with your uncle (see: story #2).

Here’s what we got for you today:

✍️ What to look out for
✍️ $BTC is the CAGR king
🎙️ The Milk Road Show: Crypto’s $22 Trillion Opportunity: Tokenizing Alternative Assets w/ Michael Steinberg
🍪 Unichain is starting to see some real traction

Prices as of 2:00 PM ET. Click here for our Fear & Greed Index.

WHAT TO LOOK OUT FOR THIS WEEK 📅

Alright, Monday gut check – where’re we at?

👉 $BTC, $ETH, $SOL: up 5-10% over the past 7 days.
👉 Outlook: positive.
👉 Vibes: high.

Ok, so far so good…but is there anything on the horizon that could either derail or inflate all of the above?

Let’s see what’s on the calendar!

1/ Macro 📊

Tuesday:

CB Consumer Confidence data (a vibe check w/ consumers)
March JOLTs Job data (how many job openings were there in March?)

Wednesday:

US Q1 2025 GDP data (did the US economy grow in Q1?)
March PCE Inflation data (aka: household goods inflation)

Friday:

April Jobs Report (data tracking number of jobs added, unemployment rates, average hourly earnings, and hours worked per week).

Combine these data points and you can start to answer the following:

Is the economy growing, are businesses hiring, what’s the average cost of living, how much are people earning, and how is this affecting their outlook?

(And if you want to be updated in real-time on how this data shakes out, follow us on X/Twitter)

2/ Earnings Season 💣

~25% of S&P 500 companies are reporting their earnings this week!

Source: @eWhispers

Here’re the reports we’re looking at…

Crypto related/integrated: Strategy ($MSTR), Robinhood ($HOOD), and PayPal ($PYPL).
Tech, retail & payments: Apple ($AAPL), Microsoft ($MSFT), Meta ($META), Amazon ($AMZN), Visa ($V) and Mastercard ($MA).

3/ Conferences 🤝

Token2049 in Dubai: 30 April – May 1 (the biggest crypto conference in the world)
Sui Basecamp in Dubai: May 1-2 (use code milkroad-20 for 20% off)
Worldcoin's “At Last” event: May 1 (Sam Altman will be joining)

4/ Legislative ⚖️

By the end of today (Monday, April 28) we could see our first state-based $BTC strategic reserve enacted! Let the dominos begin to fall. 💪

Source: @TheCryptoLark

5/ Podcast 🎙️

We’re going live on X/Twitter four times this week! Want to get Milk Road Show content beamed straight to your earballs in real-time?

Mark these dates on your calendar:

LIVE: Mon at 7pm ET with Real Vision’s Jamie Coutts
LIVE: Weds at 12pm ET with Cross Border Capital’s Michael Howell
LIVE: Thurs at 12pm ET with 22V Research's Jordi Visser and Milk Road’s Kyle Reidhead
LIVE: Thurs at 2pm ET with The DeFi Report’s Michael Nadeau

Or if you want some good old fashioned pre-recorded fun, you can watch today’s episode with Reciprocal Ventures’s Michael Steinberg, where we talk:

A move that could unlock a $22T market
How blockchain is mimicking internet adoption
How massive upside remains, but only for a certain investment style

Check it out below! 👇

YouTube | Spotify | Apple Podcasts

6/ It’s time to get your bets in 💸

ICYMI – anyone that signs up to Milk Road PRO before the end of April, will have their subscription costs fully refunded if:

They stay subscribed till Oct 31, 2025
AND
$BTC doesn’t breach its all-time high ($109k) in that time

And while we’re at it, we’re going to knock 20% OFF your subscription cost for 1 year as well.

EXCITING TIMES COMING UP FOR AVALANCHE

Last year, we hit up Solana Breakpoint and saw some seriously impressive product announcements.

Big announcements = hype around the ecosystem

Well, we're looking forward to even more excitement and energy coming up at Avalanche Summit London.

On top of massive announcements, Avalanche Summit has also got a killer lineup of speakers:

Big crypto voices like Anthony ‘Pomp’ Pompliano
Serious DeFi builders like Stani (Founder of Aave)
Massive crypto institutions such as VanEck and WisdomTree

If you want real-time alpha and front-row access to Avalanche’s next chapter, Avalanche Summit is the place to be. 🤝

Buy tickets for the Avalanche Summit happening in London

BITCOIN IS THE CAGR KING 👑

Remember how – for the first time ever – your uncle Steve won the ‘Gold vs. $BTC’ argument at this year’s family Easter gathering (thanks to gold’s recent strength)?

And in a moment of shock, you – a 34 year-old man – reverted to childish retorts and yelled “SHUT UP STEVE, YOU’RE NOT EVEN MY REAL UNCLE!”

(Earning you a whole bunch of sideways glances from your extended family.)

No? Just me then. Cool, cool, cool.

Well – I’m not letting it happen again. Next time, I’m going in with rock solid data at the ready.

And just in case you have any ‘$BTC vs. Traditional Assets’ arguments scheduled with your family members in the near future, I’m going to share my research with you.

Check out this chart:

Source: SEC

Ok, now – here’s how we can use this information to slow any of Steve’s future rolls…

Wanna know how well an asset class stores/grows value over time? Check its compound annual growth rate (CAGR) – the higher the CAGR, the faster the growth.

And over the last 5 years, Bitcoin’s CAGR has sat at the top of the food chain, outperforming Gold’s CAGR by more than 4x!

But no, you’re right, I hear you…

CAGR is probably a little too ‘in the weeds’ for Steve – this is the man that thought credit cards worked the same as gift cards, until debt collectors came knocking at his door.

In simple percentage returns, the ‘$BTC vs. Steve’s favorite assets’ scoreboard looks like this: