Good Morning,

Here's a quick preview of today’s content: Texas man in $20M coin fraud sentenced to 23 years, Judge says Caitlyn Jenner's memecoin is not a security in class action, DOGE-themed company joins tokenized gold rush, Citadel Securities says firm could enter prediction markets, Congresswoman discloses six-figure BlackRock bitcoin ETF buy, and so much more

Happy Monday - 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 +17.74%

• Bitcoin charges past $78,000 as Iran declares Strait of Hormuz open, triggering $820M in liquidations

  • BTC ETFs attract nearly $1B in weekly inflows to lift crypto markets

  • XRP leads majors with +8% weekly outperformance as BTC liquidations top $283M in short squeeze

  • ETH caps three-year comeback with busiest quarter ever, while CEX volumes drop -39% in Q1

• Bitcoin's ceasefire boost fizzles as investors look for real-world results, with fragile recovery as oil plunges

Prediction Markets

• Bettors on Polymarket are predicting Strait of Hormuz normal traffic by end of April?

• Track and trade live odds on any event, only on Polymarket

Headline Roundup
^{_{The major headlines driving crypto markets}}

• Senator presses DOJ on Binance monitor amid Iran concerns (TB)

• Citadel Securities says firm could enter prediction markets (TB)

• Polish PM says crypto firm tied to Russian mafia and secret service backed political rivals (TB)

• Judge says Caitlyn Jenner's memecoin is not a security in class action (TB)

• Ethereum Foundation exposes 100 DPRK workers in crypto (CT)

• SEC charges Donald Basile in $16M crypto fraud (CT)

• Flow Capital puts $150M private credit fund on blockchain (BBG)

• Stripe doubles down on blockchain and stablecoins (CD)

• Alcoa to sell New York smelter site to Bitcoin miner NYDIG (TB)

• Rave team denies role in token pump as Binance investigates (TB)

• Strategy looks to boost preferred stock’s dividend payments (TB)

• X's new cashtags feature drives $1B trading volume (TB)

• Congresswoman discloses six-figure BlackRock bitcoin ETF buy (TB)

• DOGE-themed company joins tokenized gold rush (DC)

• AI traffic to retailers jumps as AI shoppers outspend humans (DC)

• US government moves Bitcoin tied to $9B Bitfinex hack (DC)

• Study says 65% of investors see crypto as portfolio diversifier (CD)

• Trader makes $500K on skyrocketing Ethereum meme coin (DC)

Venture Capital

• Radius Mining, a datacenter for bitcoin mining, raises $28M led by investor Leonardo Midea (VN)

• BlockInvest, a blockchain fintech, receives $4.7M investment from UniCredit for 16% stake (CI)

• KieDex, a crypto futures exchange, raises $3.5M led by Marqel Capital with participation from Hidden Street Capital and others (KC)

Access the complete VC deal flow on Fundable.

M&A Announcements

• Kraken parent Payward acquires derivatives exchange Bitnomial for $550M (DC)

• Advocacy group Crypto Council for Innovation acquires energy infrastructure Digital Energy Council (TB)

Launches

• World rolls out ID 'proof of human' upgrade (TB)

• Wrapped XRP launches on Solana (TB)

• Mitsui & Co bring tokenized metals asset to mainnet (TD)

• Singapore Gulf Bank adds in-bank settlement for USDC (CT)

• Cobo launches wallet for AI onchain execution (TB)

• Ramp Network rolls out multichain wallet (CT)

Regulation

• Russian bill criminalizes unregistered crypto services (CT)

• French minister urges banks to expand euro stablecoins (TB)

• Poland fails again to override veto on crypto bill (CT)

Cybersecurity

• Kelp DAO exploited for roughly $292M in attack (TB)

• Texas man in $20M coin fraud sentenced to 23 years (CT)

• Rhea Finance post-mortem puts exploit losses at $18.4M (TB)

• Hack at Vercel sends crypto developers scrambling (CD)

• EasyDNS accepts responsibility for eth.limo hijack (TB)

Extra Reads

• France has seen 41 crypto-related kidnappings this year, roughly one every 2.5 days, prompting authorities to step up security - Here’s inside the rise of wrench attacks against crypto holders

• A new report finds that AI agents have taken over the corners of DeFi, but humans still clear the table when trades get complex - Here’s how AI still loses to humans at trading

Chart of the Day

Ethereum has its busiest quarter in history processing 200M transactions

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.