17th June 2025 > > Stablecoins & a price prediction.

tl;dr

Not for the first time we learn that UK politicians of any and all stripes are basically rubbish. Stablecoins continue to dominate the news. A lovely bit of fun with a BTC price prediction.

Market Snap

Market Wrap

Despite the prospect of a major war in the Middle East, spot BTC ETF inflows stayed strong yesterday with another $400mm of cash. Is this evidence of an emerging safe-haven narrative? You can be on the right side of history, or not. What’s your choice?

Occasional Series – Emma Reynolds, Economic Secretary to The Treasury

https://www.lbc.co.uk/news/exclusive/treasury-minister-lower-thames-crossing-nick-ferrari-interview/

Seriously?

Occasional Series – Club World Cup

Nah, not for proper fans. It is such a waste of time, it’s probably best for everyone to put Reynolds in charge. She will do far less damage working for FIFA rather than the UK government.

Curious Cryptos’ Commentary – Coinbase, Stripe & Shopify

The good news coming out of Coinbase just doesn’t stop, with this press release from Stripe titled “Stripe will help millions of Shopify merchants to accept stablecoin payments”:

https://stripe.com/gb/newsroom/news/shopify-stripe-stablecoin-payments

Shoppers on Shopify will be able to pay for goods using USDC on Coinbase’s layer-1 (called, natch, Base). Merchants can opt to receive USDC on Base, or for payments to be exchanged into their currency of choice with their fiat bank. Kaz Nejatian, COO & VP of Product at Shopify, explains:

“Stripe has long handled the hard parts of payments so our merchants don’t have to. Now they’re doing the same for stablecoins – making it simple for our merchants to meet booming global demand without wrestling with crypto infrastructure.”

Odd use of the third person plural in that statement, but I guess Kaz is too busy to worry about grammatical niceties.

Do not be surprised when we soon reach the stage of almost all international and domestic payments being settled using a dollar-denominated stablecoin, the very first mass use case for cryptos, and all its attendant irony. With instantaneous settlement, and virtually no fees, the movement of cash is about to become a whole lot more productive, making all of us wealthier. This will be just one of the many benefits of the crypto revolution taking place right here, right now.

Get involved, or go home.

Curious Cryptos’ Commentary – Price prediction

Just for fun, this will put a smile on your face. With BTC now entering the “Saylor Cycle”, maxi Brad Mills has a near 100x target for BTC in 10-20 years:

That kind of puts my ridiculous $1.2mm per BTC price prediction firmly in the shade.