Together with

Good Morning,

Here's a quick preview of today’s content: JPMorgan says Strategy is the only thing keeping crypto alive, Bitcoin ATM operator says $3.6M stolen in corporate hack, Treasury unveils stablecoin rules targeting money laundering, Canary Capital files for spot PEPE ETF, Morgan Stanley’s bitcoin ETF draws $34M on day one, and so much more

Happy Thursday - 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 +4.3%

• Bitcoin spikes above $72,700 to three-week high as Trump announces two-week Iran ceasefire, triggering $470M short squeeze

  • BTC and ETH oil shorts lead $427M wipeout as crypto whale holding oil positions walks away with $2M profit

  • ETH stablecoin supply hits $180B all-time high

  • ZEC leads rally with +30% gains as crypto-related stocks surge across the board

  • Hyperliquid traders face widespread liquidations as oil prices collapse

• Bitcoin fades from highs as rally turns cautious despite ceasefire

Prediction Markets

• Bettors on Polymarket are predicting The Masters winner?

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

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

• Iran wants Bitcoin payments from oil ships seeking Hormuz passage (DC)

• Adam Back denies being Satoshi after NYT names him as creator (DC)

• White House economists say stablecoin rewards won’t harm banks (BBG)

• JPMorgan says Strategy is the only thing keeping crypto alive (CD)

• Quantum threat to Bitcoin real but manageable says Bernstein (CD)

• Potential insiders make $600K on US-Iran ceasefire (DC)

• Morgan Stanley’s bitcoin ETF draws $34M on day one (CD)

• Bitcoin miner Cango sells $143M and slashes production costs (DC)

• Yuga Labs settles Bored Ape NFT lawsuit over copycat tokens (TB)

• UBS, Sygnum, PostFinance join banks in Swiss franc stablecoin sandbox (TB)

• Researchers propose way to manage risk when AI fumbles trades (DC)

• Stablecoin trading volume could skyrocket to $1.5 quadrillion (DC)

• MEXC's new CEO wants to tame a memecoin machine (CD)

• Crypto card boom hits $600M monthly volume (TB)

• Standard Chartered looks to take over crypto custody provider Zodia (TB)

• Cloudflare targets 2029 for quantum-safe internet (DC)

• Ethereum Foundation swaps 5,000 ETH into stablecoins (TB)

• Securitize partners with Currenc to tokenize shares (TB)

• Arkham Intel removes TON blockchain support (TD)

A Message from Mode Mobile

Investors are watching this fast growing tech company.

🚨 No, it's not the publicly traded tech giant you might expect… Meet $MODE, the disruptor turning phones into potential income generators. Investors are buzzing about the company's pre-IPO offering.

📲 Mode saw 32,481% revenue growth over three years, ranking them the #1 overall software company on Deloitte’s recent fastest-growing companies list by aiming to pioneer "Privatized Universal Basic Income" powered by technology — not government. Their flagship product, EarnPhone, has already helped consumers earn & save $1B+.

🫴 Mode’s Pre-IPO offering is live and 59,000+ shareholders have already invested.

They’ve been granted the stock ticker $MODE by the Nasdaq, and  early investors have a rare chance to invest in their pre-IPO offering at $0.50/share.

Invest today and earn up to 20% bonus shares.

*see Mode Mobile disclaimers at bottom of this email

Venture Capital

• Blockchain company Polygon Labs seeks to raise $100M for stablecoin business (TB)

• RWA network Pharos raises $44M Series A led by Sumitomo Corporation and Chainlink (CD)

Access the complete VC deal flow on Fundable.

M&A Announcements

• Polymarket acquires DeFi infrastructure provider Brahma (TD)

Launches

• Meta launches AI model Muse Spark (DC)

• Canary Capital files for spot PEPE ETF (TB)

• Visa rolls out AI agent shopping infrastructure (TD)

• Circle rolls out USDC payments platform (TB)

• Crypto's Alchemy unveils tool for AI payment systems (CD)

• New ETF offers bitcoin and treasuries exposure (TB)

Regulation

• SEC says prior crypto enforcement set misguided expectations (DC)

• Treasury unveils stablecoin rules targeting money laundering (TB)

• Coinbase secures Australian license to offer crypto (TB)

• South Korea brings stablecoins under financial framework (TB)

• Thailand proposes tighter scrutiny of crypto firm funders (CT)

Cybersecurity

• Bitcoin ATM operator says $3.6M stolen in corporate hack (DC)

• Anthropic limits access to model over cyberattack concerns (CT)

Extra Reads

• Ethereum relies on cryptographic systems that remain secure against classical computers, but advanced quantum machines could break these systems - Here’s how quantum can impact Ethereum

Chart of the Day

Bitcoin network activity snaps higher after months of decline

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.

*MODE MOBILE DISCLAIMER: Please read the offering circular and related risks at invest.modemobile.com. This is a paid advertisement for Mode Mobile’s Regulation A+ Offering. Mode Mobile recently received their ticker reservation with Nasdaq ($MODE), indicating an intent to IPO in the next 24 months. An intent to IPO is no guarantee that an actual IPO will occur. The Deloitte rankings are based on submitted applications and public company database research, with winners selected based on their fiscal-year revenue growth percentage over a three-year period.

*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.