Good Morning,

Here's a quick preview of today’s content: Bitcoin owner claims Claude cracked lost wallet password, Nevada regulators push back on prediction markets, Kraken launches crypto-backed lending, Ledger puts IPO plans on hold, Charles Schwab begins offering crypto trading, 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 +13.77% Gannon’s AI Fund is up +50.09%

• Bitcoin back above $81,000 after hot CPI print as BNB and DOGE lead major gains

  • ETH closes gap with SOL as DEX volumes converge near $45B, while EUR stablecoins hit $774M all-time high

  • HYPE ETF attracts $1.2M inflows in US debut

• US PPI surged well above forecasts +6%, reviving inflation concerns as tokenized Treasuries hit $15B

Prediction Markets

• Bettors on Polymarket are predicting what price will Solana hit in May?

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

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

• Crypto-friendly Kevin Warsh confirmed as Fed chair (DC)

• Jane Street slashes Bitcoin holdings for Ether (CT)

• Charles Schwab begins offering crypto trading (DC)

• Senators file Clarity Act amendments on Trump and Epstein (DC)

• UK probes Farage’s $6.8M donation from crypto billionaire (CD)

• Anthropic and OpenAI tokenized stocks plunge after warnings (TB)

• Ledger puts IPO plans on hold (CD)

• Ethereum app builder Consensys delays IPO (CD)

• Electricity cut for Lake Tahoe residents to power data centers (BL)

• Bitcoin firm Metaplanet posts $725M loss (DC)

• Solana firm Upexi posts $109M quarterly loss (TB)

• Myriad adopts Chainlink as official oracle platform (DC)

• Hyperliquid dominates weekly blockchain revenue (TB)

• Jupiter taps Bitwise for Solana lending (TB)

• Anchorage and Mexican billionaire's Grupo Salinas ink partnership (TB)

• Korean stablecoin KRWQ expands to Solana (TB)

• Fidelity first tokenized fund receives top rating (TB)

• NUVA connects Figure's tokenized assets to Ethereum (CD)

• Kelp and Aave resume rsETH operations (TB)

• Societe Generale deploys stablecoins on Canton (CT)

• Immunefi absorbs Code4rena customers after shutdown (TB)

Venture Capital

• Elliptic, a crypto data firm, raises $120M led by One Peak with participation from Nasdaq Ventures (CI)

• DACC, a clearing service provider, raises $10M from Conflux Network, Global InfoTech, and others (BG)

Access the complete VC deal flow on Fundable.

M&A Announcements

• Telecom giant KDDI acquires stake in Coincheck Group in $65M deal (CD)

Launches

• Kraken launches crypto-backed lending (TD)

• Japanese blockchain issues stablecoin for settlements (TB)

• BNB Chain unveils on-chain agent (TD)

• x402 adds settlement for AI payments (CT)

• Blockaid launches real-time compliance suite (BM)

Regulation

• Nevada regulators push back on prediction markets (CD)

• US asks for $1M forfeiture from ex-Celsius exec (CT)

• Vietnam eyes Q3 launch for crypto market (CT)

• Bitcoin Suisse secures approvals for crypto expansion (BM)

Cybersecurity

• Bitcoin owner claims Claude cracked lost wallet password (DC)

Extra Reads

• Recent polls have shown that registered voters want America to set the rules for global finance, reinforcing why the Senate must act now - Here’s why it’s time for crypto clarity in America

Chart of the Day

Bitcoin traders unrealized profit margins hits 17.7%

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.