Good Morning,

Here's a quick preview of today’s content: Maryland man charged in $54M Uranium Finance hacks, NFL calls for tighter prediction market rules, Mitsubishi adopts JPMorgan blockchain for corporate payments, Jack Dorsey's Square enables Bitcoin payments for sellers, Coinbase finds over half of investors don’t understand crypto tax, 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 -1.67%

• Bitcoin rebounds to $67,000 as Iran de-escalation hopes lift risk appetite after dipping

  • BTC ETFs bleed $296M in weekly outflows as global crypto funds snap 4-week inflow streak

  • ETH funds shed $222M as crypto bill fears rattle investors

  • BTC hashrate posts first-quarter drop in 6 years as miners pivot to AI

• Crypto stocks near bottom after -60% selloff as Trump threatens Iran oil infrastructure if deal with 'new regime' fails

Prediction Markets

• Bettors on Polymarket are predicting Ethereum flipped in 2026?

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

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

• Trump-linked American Bitcoin hits 7,000 BTC milestone (TB)

• Saylor’s Strategy takes break after 13 consecutive weeks of Bitcoin buying (BBG)

• Labor Department proposal opens 401ks to Bitcoin (BM)

• Senators unveil 'Mined in America Act' to cement bitcoin reserve (TB)

• KuCoin pays CFTC $500,000 to end civil case (BBG)

• Mitsubishi adopts JPMorgan blockchain for corporate payments (CT)

• Jack Dorsey's Square enables Bitcoin payments for sellers (BM)

• NFL calls for tighter prediction market rules (TB)

• Bitdeer inks deal to build Norway's largest AI data center (TB)

• Polymarket trader exploits UFC blunder making $67,000 (CD)

• Tom Lee's BitMine adds more Ether (DC)

• Coinbase finds over half of investors don’t understand crypto tax (CD)

• Ethereum Foundation stakes record $46M worth of ETH (TB)

• Aave V4 launches on Ethereum mainnet (TB)

• Strive and Tuttle file for ETF to invest in Strategy (TB)

• Hyperliquid traders in Tokyo get 200-millisecond edge (CD)

• Upbit operator Dunamu sees -10% revenue drop to $1B (TB)

• Lido DAO proposes $20M buyback to boost price (CD)

• Naver delays deal with Dunamu as review drags on (CT)

• Aster DEX switches to staking-only emission model (TB)

Venture Capital

• Midas, a platform for on-chain investments, raises $50M Series A led by RRE Ventures and Creandum (TE)

• DeFi startup Valinor raises $25M led by Castle Island Ventures (TD)

• Derivio, an AI trading terminal, raises $6M backed by YZI Labs, CMT Digital, Big Brain Holdings and others (KC)

• Hamilton Labs, a blockchain startup, raises an undisclosed investment led by Axian Investment CVC (EI)

Access the complete VC deal flow on Fundable.

Launches

• Nium launches stablecoin card platform for Visa and Mastercard (CT)

• Charles Hoskinson debuts privacy blockchain on Cardano (CD)

• BitGo expands Canton Coin services with trading (CT)

• Trilitech broadens tokenized commodities push (CT)

• Metals.io brings tokenized Earth metals to Tezos (TD)

Regulation

• Senator queries SEC on crypto after enforcement head quits (BBG)

• Federal officials warned against insider bets on prediction markets (CD)

• Anchorage Digital and Chainlink back new crypto PAC (TB)

• Pierre Rochard warns regulators over Bitcoin gap in Basel rewrite (CT)

Cybersecurity

• Maryland man charged in $54M Uranium Finance hacks (TB)

• Steakhouse Financial warns users of phishing attack (TD)

Extra Reads

• AI music licensing breaks on ownership, and blockchains embed smart contract royalties, automating creator compensation at scale - Here’s why AI music needs blockchain infrastructure

• In crypto markets, where liquidity drives both perception and performance, market makers play a critical but often poorly understood role - Here’s a guide to choosing the right market maker

• Hong Kong plans to integrate tokenized bond issuance and settlement into its financial system, building scalable infrastructure for digital capital markets - Here’s how Hong Kong turns tokenized bonds into infrastructure

Chart of the Day

Over 40% of altcoins are near all-time lows

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.