Good Morning,

Here's a quick preview of today’s content: Coinbase buys a season of a crypto podcast for tens of millions, Crypto execs to meet Senate Democrats over market structure legislation, Crypto asset managers open UK retail access to Bitcoin and Ethereum ETPs, House of Doge acquires majority stake in an Italian pro football club, AI models compete in a live crypto trading showdown, and so much more

Happy Tuesday - Let’s dive in.

Market Snapshot

Click here to learn more about the Gannon’s portfolios and subscribe to the strategies on Autopilot.* Since inception (7/7/25), Gannon’s Crypto Portfolio is up +37.80%

• Bitcoin and Ether regain key support levels, leading a broader market recovery that saw altcoins surge as sentiment improved

  • Total crypto market cap up +2%

  • Spot Bitcoin ETFs shed $1.2B in second-largest weekly outflows since debut

  • Crypto ETPs register $513M in net outflows last week

• The moderate recovery comes after Powell hints the Fed might stop reducing its balance sheet

Market Predictions

• Bettors on Kalshi are predicting will Solana hit a new all time high this year?

• 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}}

• Large-scale AWS outage disrupts key crypto platforms including Coinbase and Robinhood (DC)

• Coinbase buys Cobie's ‘UpOnly’ NFT for $25M, ensuring the popular podcast is back on track to return (TB)

• Kevin O’Leary states AI and blockchain will spark the “next revolution in business” (CT)

• Bybit rebrands to 'Bybit Alpha' (CD)

• Elon Musk posts his pet dog on X, pumps memecoin 29% (CT)

• Strategy adds 168 BTC worth $18.8M to its stockpile (DC)

• Coin Metrics founder says quantum computing is Bitcoin’s biggest risk (CD)

• 67% of institutions see bullish 6 months for Bitcoin (CT)

• BitMine buys 203,800 ETH in the past week (TB)

• AI models compete in a live crypto trading showdown (DC)

• XRP whale addresses hits record high of 317,500 (CT)

• Solana co-founder Anatoly Yakovenko designs a perps DEX (TB)

• Prediction markets hit ATH of $2B in weekly volume (DC)

• VanEck files for a VanEck Lido Staked ETH ETF with the SEC (BW)

• Spain trademark for Bitcoin logo prompts removal of merchandise on Amazon and Etsy (CS)

• Bitcoin mining profitability declines -7% in September (CD)

• 30 wallets withdraw $116.7M worth of LINK since Oct. 11 (CD)

• OpenSea monthly revenue surges 200% in pivot to trading aggregator (BW)

• DeFi aggregator DefiLlama reinstates DEX Aster to its platform (CT)

• Jiuzi Holdings enters strategic partnership with BitFi to advance Bitcoin-centric finance (CD)

Venture Capital

• DAT firm Solana Company moves forward with share resale for investors in its $500M PIPE round (CD)

• Greenlane Holdings raises $110M to fund a BERA token treasury led by Polychain Capital, Blockchain.com, dao5, Kraken, and others (TB)

• Limitless Exchange, a prediction market platform, closes a $10M seed round led by 1confirmation, Collider, Coinbase Ventures, and more (CD)

• TradeTalent, an AI-powered Web3 platform, raises $8M in funding co-led by Allied Gaming and Hicop Engineering (CD)

• DeFi earning aggregator Turtle raises $5.5M with participation from GSR, FalconX, Anchorage VC, and others (TD)

• Aureo, formerly known as Swapido, raises $1.1M in pre-seed funding from Early Riders to develop a Bitcoin platform targeting HNWIs (BM)

M&A Announcements

• Evernorth Holdings Inc., a crypto company backed by Ripple, to go public through merger with Armada Acquisition Corp II, a Nasdaq-listed SPAC (BW)

• Blockchain.com, a crypto exchange and wallet provider, holds talks to go public via a SPAC (CD)

• House of Doge acquires majority stake in Italian pro football club, US Triestina Calcio 1918 (BL)

Launches

• BlackRock launches Bitcoin ETP for UK retail investors (DC)

• Coinbase ends the waitlist for its Coinbase One Card (DC)

• 21Shares, Bitwise and WisdomTree open UK retail access to Bitcoin and Ethereum ETPs (TB)

• Gemini unveils Solana credit card that auto-stakes SOL rewards (DC)

• Bitcoin miner Cleanspark launches AI infrastructure division (BW)

• Roxom launches Bitcoin-denominated perpetual futures (BM)

• Ethena Labs to launch two new products in the coming months (TB)

• Blockchain for Good Alliance and UNDP launch blockchain impact forum (CD)

• Finery Markets expands Sage Capital partnership with 10x leverage offering (FM)

• Avail Integration enables TRON dApps and users to access cross-chain liquidity (CS)

Regulation

• Crypto execs to meet Senate Democrats over market structure legislation (TB)

• NY Democrats propose companion bill targeting proof-of-work mining (DC)

• Bolivian president backs blockchain to tackle government corruption (CT)

• Coinbase urges Treasury to create “safe harbors” for firms using AI and blockchain analytics (TB)

Cybersecurity

• ZachXBT links $3M XRP theft to wallet-draining phishing ring (BW)

• Insider testifies MIT brothers planned $25M crypto heist for months (DC)

• New film ‘Code is Law’ explores moral quandary behind crypto hacks (CT)

• Binance bans more than 600 accounts over 'unauthorized third-party tools' (TB)

Extra Reads

• Focusing regulatory energy on mixers while letting exchanges remain the primary fiat gateways for illicit funds is like locking the windows while leaving the front door wide open - Here’s why centralized exchanges are criminals’ favorite money laundering tool

• With so many signals from the markets, from gold and silver's parabolic run to a collapse in trust in fiat, some wonder if hyperbitcoinization is about to begin - What if hyperbitcoinization is really about to start?

Chart of the Day

Bitcoin hashrate hits a new all-time high

Meme Dump

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*DISCLAIMER: Investment advice provided by Autopilot advisers LLC, an SEC registered investment advisor. Past performance does not guarantee future results. Investing carries risks including the risk of the loss of principal. Performance doesn’t include fees. See more here.