📈 This Week in Markets
📺 Clip of the Week
In this clip, TradFi investor Tom Lee does a great job explaining why Ethereum is a direct beneficiary of “Wall Street trying to equitize crypto.”
Lee recently became the CEO of Bitmine, a Bitcoin mining company which recently has declared that ETH, not BTC is its primary reserve asset, now holding $500 Million in ETH.
Tom Lee (@fundstrat) explains why he is a raging Ethereum bull🐂
— #Marius Kjærstad (marius.eth) 🐬🦇🔊 (#@MKjrstad)
7:28 AM • Jul 6, 2025
🔑 Key Takeaways:
Lee calls it the “ChatGPT” moment for crypto.
Not only do you want “programmable money, but you want to be running on the biggest network that does programmable money. And that’s Ethereum.”
📈 Chart of the Week
To highlight Lee’s point, stablecoin issuance is skyrocketing past all time highs, even before the GENIUS Act becomes law.
⏩ Quick Hits
Bitcoin tops $123,000 as short sellers retreat and ‘crypto week’ gets underway in Washington (CNBC)
Fidelity believes blockchains, like Ethereum, are best analogized to emerging economies, not tech stocks. (Fidelity Investments)
Federal Reserve and US regulators issue statement saying banks are allowed to custody Bitcoin & crypto. (Federal Reserve Board)
Inside pump.fun’s $600M ICO and its quest to topple Twitch (Blockworks)
🔥 Hot Take: It is likely that Congress's ‘crypto week’ is a prelude to the President’s Counsel on Digital Assets making a splashy announcement about the Bitcoin strategic reserve on July 22. Stay tuned.
Chainlink offers a clear, jargon-free breakdown of how tokenized stocks could reshape global markets. This beginner-friendly deep dives on how tokenization turns traditional equities into on-chain assets, enabling 24/7 trading, faster settlement, and programmable ownership.
Why it matters:
Tokenized stocks let investors trade fractional shares instantly, across borders, with fewer intermediaries.
They could expand access to equity markets, especially in emerging economies and fintech apps.
The tech also opens doors to new financial primitives — like real-time dividends, automated compliance, and composable assets.
The market opportunity for tokenizing stocks is … massive.
📥 Want to weigh in? Reply to this email with your comments or hot takes. It may be featured next week.
Don’t speculate, validate.
- Validator Digital
Disclaimer: Individuals have unique circumstances, goals, and risk tolerances, so you should consult a certified investment professional and/or do your own diligence before making investment decisions. The author is not an investment advisor and may hold positions in the assets covered. Certified professionals can provide individualized investment advice tailored to your unique situation. This newsletter is for general educational purposes only, is not individualized, and as such should not be construed as investment advice.