Good Morning,

Here's a quick preview of today’s content: Tokenized Google stock inflated 7,700% in exploit, Crypto ATMs banned in Tennessee and Georgia, Robinhood launches Layer-2 network, Forward Industries adds $38M in SOL, Anthropic brings Fable 5 back online, 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 (7/3/25), Gannon’s Crypto Portfolio is up +10.7% Gannon’s AI Fund is up +58.8%

• Bitcoin pops off 21-month low to reclaim $60,000 after Fed's Warsh says inflation risks have come down

  • BTC ETFs record worst month since debut, shedding $4.5B in June

  • MSTR and ASST jump +10% as soft economic data eases rate-hike fears

  • XRP and HYPE funds are the bright spots as AAVE logs biggest network-growth day in 5 years

• Bitcoin opens third quarter in historical red zone after rare losing first half

Prediction Markets

• Bettors on Polymarket are predicting men’s Wimbledon winner?

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

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

• Trump filing adds urgency to crypto bill (TB)

• Anthropic brings Fable 5 back online (DC)

• SEC’s Peirce sees Clarity Act passing this summer (BM)

• Robinhood launches Layer-2 network (DC)

• SEC opens comment period on ETF rules (TD)

• Chinese exile sentenced to 30 years for $1B crypto fraud (TD)

• BitMine, Sharplink and Joe Lubin launch nonprofit (DC)

• Goliath Ventures CEO pleads guilty to $250M crypto ponzi (DC)

• Ripple and Coinbase top donors in election spending (TB)

• Forward Industries adds $38M in SOL (DC)

• Tokenized Google stock inflated 7,700% in exploit (CD)

• French bank Crédit Agricole rolls out euro stablecoin (CD)

• Preferred stock becomes treasury firms tool of choice (BM)

• Standard Chartered and LMAX execute live brokerage trades (BM)

• Tradeweb executes tokenized Treasury transaction (CT)

• Symbiotic pivots to collateral markets (TB)

• Tokenized trading cards blow past $300M (BL)

• Drift Protocol rebrands to Velocity DEX (TD)

Venture Capital

• Crypto-AI startup Venice AI raises $65M led by Dragonfly (TB)

• TG7tXRHKZI, an AI trading startup, raises $4.8M from Coinbase Ventures and Andreessen Horowitz (KC)

Access the complete VC deal flow on Fundable.

Launches

• Solana prediction market launches on Phantom (TB)

• World unveiled as onchain prediction market (CD)

• Cloudflare launches monetization gateway (TD)

• Panther Hollow launches merchant bank (TB)

Regulation

• Taiwan passes new crypto law (DC)

• Crypto ATMs banned in Tennessee and Georgia (CT)

• Democrat backed by Ripple PAC wins Colorado (CT)

Cybersecurity

• Crypto hack theft falls 7% to $76M (TB)

• South Korea prosecutes crypto whale for pump-and-dump (TB)

• Shanghai sentences five over $29M forex scheme (TB)

Extra Reads

• Bitcoin's -46% slide has reopened the debate over whether ETFs killed its four-year cycle, but one hedge fund manager says the pattern is still intact - Here's what analysts expect for Bitcoin

Chart of the Day

Trump earned more from crypto than Coinbase did

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.