TheStalwart

$CRCL up another 16% today

I love how everyone is getting Ong-pilled

Oh heh. Just got why the stable coin bill is called the Genius act. Fallen world.

$CRCL is up another 23% today

Here's a chart of a company that wants to be the Microstrategy of ethereum https://www.bloomberg.com/news/articles/2025-06-13/ethereum-treasury-firm-sharplink-plunges-69-on-routine-filing?srnd=homepage-americas

Markets caps for $HOOD ($64b) and $COIN ($61b) very close to each other.

Stablecoins can offer lower fees for merchants. But also they mean fewer rewards/cash back for users. But there are some efforts to incentivize crypto payments for normal transactions, like this company offering restaurant reservations/special menus for users

WSJ reports that both Amazon and Walmart have looked into issuing stablecoins. Shares of $V down nearly 5% today. https://www.wsj.com/finance/banking/walmart-amazon-stablecoin-07de2fdd?gaa_at=eafs&gaa_n=ASWzDAh_5jGmi1n6z07cXvKX6tl1uphbcHytuN5Id4Qb584nommA-gBei8rE&gaa_ts=684c4e42&gaa_sig=vvg75id9iT9TzAs_m9llFT85_edsupmQTKLGkjz_gsIf8swCG30VRSCBzplEt5Hc5b4NgZf0DRlpr5GGeghOqQ%3D%3D

JPM's Michael Cembalest has a new report out on stablecoins. https://assets.jpmprivatebank.com/content/dam/jpm-pb-aem/global/en/documents/eotm/ok-boomer.pdf

Read @JanetLorin on how the University of Texas system is raking it in with non-oil investments, including solar, wind, and even crypto infrastructure. https://www.bloomberg.com/news/features/2025-06-10/oil-rich-university-of-texas-wants-to-cash-in-on-ai-solar-wind-crypto

Big day for crypto

$CRCL is up another 22% pre-market.

Michael Saylor is on CNBC. Sounds like he's very bullish on Bitcoin.

NASDAQ down 0.2% on the year. Basically flat. So pretty much everything. Tariffs, DOGE, removing tariffs, adding them back in, Elon leaving DOGE, Elon and Trump having a falling out. Basically all priced in.

*ROBINHOOD'S STEVE QUIRK SAYS CUSTOMERS WERE STRONGLY BUYING DIP

A different type of episode from us

@tracyalloway and I went to Princeton for an academic conference organized by @bhgreeley on what currencies are

We moderated a panel with former Riksbank chief Stefan Ingves, BIS' @i_aldasoro, and UI prof @RebeccaSpang https://podcasts.apple.com/us/podcast/how-do-we-define-a-currency/id1056200096?i=1000710649983

Does @Polymarket purposely run ads showing completely incorrect pricing so as to induce people to click thinking there’s easy money to be made?

Ethereum and Dogecoin both up over 40% over the last week

Ethereum and Dogecoin both up over 40% over the last week?

Bitcoin spiked on Trump’s China post