$4 Trillion Market Cap

Jack Dorsey’s crypto focused company joins the S&P 500

Good Morning,

Here's a quick preview of today’s content: A famous Bitocoin podcaster wants to become the Batman for his city in the UK, Jack Dorsey’s crypto focused company joins the S&P 500, Ethereum runs higher over the weekend, White House signals Bitcoin tax exemption, NFT sales have unticked heavily with Pudgy Penguins on top, Crypto casinos continue to boom, and so much more

Let’s go a heck of a lot higher this week

Happy Monday - Let’s dive in.

Market Snapshot

  • The total crypto market cap crossed the $4T milestone during the weekend

  • Bitcoin remained steady, mostly trading in the $117,000–$120,000 range after hitting an earlier high in the week

  • Ethereum stole the spotlight, surging past $3,760 at one point on Sunday and finishing the period up nearly +20% for the week

    • XRP experienced strong upward momentum, breaking a new yearly high above $3.60 and notching weekly gains of over +25%

  • Other leading coins such as BNB, Solana, & Doge posted moderate gains, while coins like LINK and CFX outperformed with double-digit jumps yesterday

Market Predictions

  • After the mega viral Coldplay incident, bettors on Kalshi are predicting on whether Coldplay will discuss the massively viral Astronomer CEO affair this month - trade your predictions on a range of events, only on Kalshi

  • Sign up with code LIT and get a $20 bonus when you trade $100

Headline Roundup
The major headlines driving crypto markets

  • Jack Dorsey’s Block joins S&P 500, pushing crypto exposure deeper into major stock index alongside Coinbase (DE)

  • Crypto market cap hits $4T milestone (TD)

  • Crypto casinos boom on-chain as blockchain-based betting platforms gain momentum (BW)

  • California sheriff links 74-year-old’s disappearance to son’s crypto fortune (DE)

  • Charles Schwab plans to offer spot Bitcoin and ETH trading soon (TB)

  • Bitcoin podcaster Peter McCormack vows to fight crime in Bedford “like a real-life Batman” (CR)

  • Coinbase hits new all-time high as investors cheer GENIUS vote and Base App rebrand (TB)

  • Euler Labs has partnered with crypto payments startup Brahma on a new crypto credit card (TB)

  • Thumzup Media adds $250M crypto treasury in aggressive digital asset expansion (TB)

  • Tom Lee predicts banks will buy Ethereum as SBET plans $5B accumulation (TD)

  • BTChelsinki bitcoin conference returns with speakers from across the global ecosystem (BM)

  • Bitcoin mining in space explored as part of new frontier for off-grid hashpower (BM)

  • SharpLink Gaming adds $118M worth of ETH to on-chain holdings (TB)

  • Bybit partners with Manteca to scale operations across Argentina and Brazil (CD)

  • Crypto coin “Made in USA” rallies heavy after House clears new bills (TD)

  • El Salvador hasn’t bought bitcoin in IMF-related deal, government confirms (CT)

  • Multiple US states pass Bitcoin reserve laws to mandate crypto holdings for financial transparency (DE)

  • Weekly NFT trade volume hits six-month high (TB)

Venture Capital

  • AI Cross Matrix (ACM) has raised $12M in a seed round with Asva Capital and others (B)

  • Tokenisation platform Syntetika raised $2.5M in a Seed funding round by John Lilic and others (CT)

M&A Announcements

  • Decentralized derivatives exchange dYdX acquires crypto social trading platform Pocket Protector in first external acquisition (TB)

  • Solana liquid-staking startup Sanctum has acquired Ironforge in an all-cash deal (BW)

  • Bit Digital adds 120,000 ETH to its treasury amid surging institutional interest (TB)

  • NASDAQ-listed Tao Synergies buys $10M in Bittensor tokens for treasury diversification (TB)

  • Coinsilium boosts bitcoin treasury to 112+ BTC with $920K purchase (BM)

Launches

  • Stablecoin blockchain Plasma launches $50M token sale to expand ecosystem (TD)

  • Kraken has launched CME-based Bitcoin and Ethereum futures for U.S. traders (DE)

Regulation

  • White House confirms Trump’s support for Bitcoin tax exemption proposal (BM)

  • Labour MPs call for ban on crypto political donations, attack Reform UK ties (DE)

Cybersecurity

  • Stellar Blade developer Shift Up’s social media hacked to push NSFW crypto scam (TG)

  • India’s CoinDCX exchange suffers $44M hack, blames compromised private keys (CD)

  • North Korean hackers blamed for record-breaking crypto thefts in 2025 (TC)

  • UK’s National Crime Agency officer sentenced to 5.5 years for stealing Bitcoin from Silk Road-linked operation (DE)

Extra Reads

Chart of the Day

The Pi Cycle Top Prediction chart relies on two key moving averages: the 350-day moving average multiplied by two (green line) and the 111-day moving average (orange line). Historically, when the 111-day MA crosses above the 350-day MA x 2, a cycle peak has occurred within just a few days. Despite its past accuracy, including flawless calls during prior cycles, it’s important to remain cautious.

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