Today’s edition is brought to you by Meanwhile - discover how their BTC Whole Life insurance policy can help you grow, leverage and pass on your Bitcoin stack.  

Read more about the policy here

GM. This is Milk Road, we take complex topics and translate them into simple terms.

(We’re like the Rosetta Stone of crypto).

Here’s what we got for you today:

OPTIONS MARKET = PRICE PREDICTIONS? 🔮

This story was pitched by one of our NOPs (Nerds On Payroll…aka: PRO researchers). 

They actually pitch stories all the time….but here’s how we tend to react:

(It flies way over our heads).

That said, this was one of the first topics that we didn’t feel completely lost explaining: 

How to use the options market to predict crypto prices. 

But before we get into the juicy details, here’s a quick crash course on the options market (and no, this isn’t optional):

To really hammer this concept home, here’s an example:

Back in September, there was a large concentration of $100K Bitcoin calls (bullish) expiring on Dec 27th, 2024.  

Translation? Option traders were betting that the Bitcoin price will go past $100k by the end of 2024.

And guess what? It did. 

Now again, this method is not foolproof – but gives us a general idea of where the market is moving. 

So, let’s go and see what the options market is telling us right now. 

9 months from now (September 2025), options traders are betting that Bitcoin will go past $300,000. 

Bonkers!

Absolutely. Bonkers. 

But what about the next month or so? Will we see a huge climb?

Probably not (at least that’s what the options market is telling us). 👇

Large numbers of puts = bearish take on the market 

The exact price prediction? Bitcoin will fall below $75,000 before the end of February. 

Yikes. My heart skipped a beat just typing that out. 

But hey, let’s not forget about the $300K prediction by the end of September. 

The message the market is sending us?

We’re moving up in the long-term but expect a bunch of pullbacks along the way (aka rule #1 of the crypto bull market). 

WHICH ALTCOINS WILL GET ETFS IN 2025? 🤔

We saw some weird and wild milestones hit in 2024…

1/ The Bitcoin ETFs flipped Satoshi’s known $BTC holdings

2/ Terminal of Truth became the world’s first millionaire AI agent

3/ The memecoin sector reached a total market cap of over $110B 

The crazy part of all of this? It’s likely only going to get wilder in 2025!

Bitwise is predicting that the Bitcoin ETFs will take in more net-inflows than they did in 2024.

AI agents like Terminal Of Truth can now be created by every day crypto users via virtuals.io, which means we’ll likely see a wave of multiple millionaire AI bots crop up.

…and memecoins? They thrive on retail attention, which looks to only increase over the next twelve months.

But there’s so much more to discuss beyond these three topics, which is why we invited Lark Davis onto The Milk Road Show to give his predictions for 2025.

In this episode, we cover:

It’s a banger! Don’t miss it. 👇

YouTube | Spotify | Apple Podcasts

MILK ROAD PRO PORTFOLIO UPDATES 📊

Look! Up in the sky! It’s a bird! It’s a plane! It’s… the Milk Man sharing his latest portfolio changes.

Like clock-work, every Tuesday, we’re here to share our updated list of investments from the Milk Road PRO Portfolio. 

Disclosure: We are not a day trading portfolio so don’t expect a high volume of trades. Read our “how to build a crypto portfolio in 2024” report to learn more about our portfolio strategy.

Portfolio performance 📉

The Milk Road PRO Portfolio saw a moderate decrease over the past 7 days. Our portfolio value is at $120K, down 5.2% since last week.

The last week of the year was mostly quiet, with the market leaning a bit bearish. Not much happened since most people were already on holiday.

Portfolio changes 👀

BITE-SIZED COOKIES FOR THE ROAD 🍪

Meanwhile combines life insurance with Bitcoin. This isn’t your typical boring policy — it actually lets you borrow Bitcoin against your policy.*

Blackrock’s Bitcoin ETF is now the fastest-growing ETF in history. Despite the recent outflows, Blackrock’s had a killer year. And guess what? 2025 might be even bigger for the ETFs. Wild.

Tether adds to its Bitcoin holdings. They now hold around $8M of Bitcoin. The company with the highest revenue per employee is making moves.

MicroStrategy falls 46% from its peak. Why? People are becoming more and more cautious of their infinite money glitch scenario.

We’re hiring! Calling the brightest minds in crypto to join our team but hurry, there’s only 4 roles left.

CoinStats is offering 80% off its annual subscription. We fully vouch for this portfolio management tool because we use it everyday. Spoiler: it’s fkn awesome.*

* This is sponsored content.

MILKY MEMES 🤣

RATE TODAY’S EDITION

ROADIE REVIEW OF THE DAY 🥛

VITALIK PIC OF THE DAY

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.