- Crypto Sum
- Posts
- Banks Fight Crypto Legislation
Banks Fight Crypto Legislation
Bankers attempt last ditch effort to kill crypto bill
Good Morning,
Here's a quick preview of today’s content: Binance’s AI blocks $10.5B in crypto fraud, MoonPay launches AI tool for prediction markets, Prediction market ETFs delayed again by SEC, Solana upgrade Alpenglow begins testing, Strategy resumes bitcoin buys as Saylor shifts focus, 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 (7/3/25), Gannon’s Crypto Portfolio is up +16.11% Gannon’s AI Fund is up +50.7%
Bitcoin tests $82,000 as crypto funds notch sixth straight week of inflows totaling $858M
SOL stands out with +15% weekly gain, ADA adds +12%, BNB rises +5.4%
XRP spikes +2.5%, beating BTC and ETH dominated by strong ETF inflows
Market cap stands at $2.81T as flows extend longest positive streak since last summer
Bitcoin and Nasdaq rally sharply while US sentiment falls to historic lows
Prediction Markets
Bettors on Polymarket are predicting Clarity Act signed in 2026?
Track and trade live odds on any event, only on Polymarket

Headline Roundup
The major headlines driving crypto markets
Bankers attempt last ditch effort to kill crypto bill (BM)
Strategy resumes bitcoin buys as Saylor shifts focus (DC)
Kash Patel touts AI overhaul of FBI crime-fighting (DC)
Circle surges amid optimism over own blockchain (BBG)
Senate schedules Clarity Act markup (BM)
Tom Lee’s BitMine slows Ethereum buying pace (DC)
Anchorage steps back from global stablecoin group (CD)
Crypto and AI could be dirty words on 2026 campaign trail (CT)
MARA posts losses as investors look to AI (CD)
Solana upgrade Alpenglow begins testing (DC)
CleanSpark losses swell after losing $224M on BTC (TB)
Ripple lands $200M facility to expand brokerage (DC)
Ethereum Foundation names three new leads (TB)
Sharplink kicks off $125M yield fund with Galaxy (DC)
Keel posts $145M loss in pivot from miner to AI (DC)
Crypto.com receives license tied to Dubai crypto payments (TB)
Court approves Arbitrum vote to move $71M in ETH (TD)
Corpay taps BVNK to add stablecoin wallets (TB)
Ronin migrates from gaming chain to Ethereum layer (TB)
Kraken taps Andreas Roussos to lead Cyprus unit (FM)
Bankrupt fund Stream Finance begins liquidation process (TD)

Venture Capital
Access the complete VC deal flow on Fundable.
M&A Announcements
MoonPay acquires AI trading startup Dawn Labs (DC)
Launches
Regulation
Cybersecurity

Extra Reads
After Morgan Stanley announced it was rolling out crypto trading undercutting established rivals, Bloomberg said "crypto exchanges should be scared" - Here’s why the TradFi takeover might not be a death blow
Stablecoin issuer Circle is betting Arc can become Wall Street’s blockchain rail for payments and tokenized finance, though speculation remains - Here’s why Circle is betting on new $3B blockchain

Chart of the Day
Tokenized RWA market crosses $30B


How was today's newsletter? |
Meme Dump



Pls send us crypto memes to be featured in the newsletter 🤝

🐦 Follow Us: Visit our X account for daily updates on all things web3, DeFi, & crypto.
💰 Gannon’s Crypto Portfolio: Trade alongside Gannon’s crypto on Autopilot
💵 Litquidity Ventures: Accredited investors & qualified purchasers within the Litquidity community can gain access to alternative investments such as venture, late-stage growth, and private equity through Litquidity Ventures. Interested? Fill out this form.
☎️ Book a call with Lit: Want to pick Litquidity’s brain on business advice, insights, or just chat to say what’s up? Buy his time here.
📧 Launch your own newsletter: Have great content ideas and looking to launch your own publication? We highly recommend Beehiiv to get started.
*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.

