Weekly Roundup 06/13/25 (Stripe buys Privy, Stablecoin FUD, Rogue Traders) (EP.633) – On The Brink with Castle Island

Weekly Roundup 06/13/25 (Stripe buys Privy, Stablecoin FUD, Rogue Traders) (EP.633) – On The Brink with Castle Island — Transcript

Market views

Bullish

CRYPTOCREDIT— There's significant potential in the crypto credit industry, with various use cases including cash loans against Bitcoin collateral. The first company to scale a credit fund in this space could be highly profitable.
STABLES— Stripe's acquisitions in the stablecoin space signal growing importance of stablecoins in payments, suggesting potential growth in stablecoin platforms and related infrastructure.
MSTR— MicroStrategy continues to acquire Bitcoin, adding 1,045 BTC for $110 million, with additional capital available for further purchases.
SOL— The SEC has requested amended filings for Solana ETFs, potentially paving the way for their approval in the coming months, which could be positive for Solana.
CIRCLE— Circle's IPO has performed well in its first week of trading, indicating potential strength in the stablecoin sector.

Bearish

GME— GameStop stock has been selling off significantly, dropping from $30 to $22 in two days, with negative sentiment among Bitcoin enthusiasts who are disappointed about the company's Bitcoin holdings.

Not investment advice.