Good Morning,

Here's a quick preview of today’s content: JaredFromSubway threatens legal action after $7.5M loss, Japan's pension fund allocates 1% of assets to crypto, Fund manager introduces tokenized fund with BNY, Crypto industry urges congress to pass tax bill, Most AI agents show no evidence of on-chain trading, 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 (7/3/25), Gannon’s Crypto Portfolio is up +11.2% Gannon’s AI Fund is up +60%

• Bitcoin stalls near $64,000 as Fed rate-hike risk overshadows Iran ceasefire relief

  • BTC ETFs log sixth consecutive week of net outflows

  • BTC network activity hits highest level since 2024 as RWA market rises +40%

  • WLFI's USD1 supply grows +9.7% in a week to $4.85B

• Bitcoin proves 'resilient' after hawkish Fed as Iran deal sends oil toward 16-week low

Prediction Markets

• Bettors on Polymarket are predicting Golden Boot winner?

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

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

• Trump orders acceleration of quantum readiness (DC)

• Andrew Cuomo leads crypto venture with OKX and ICE (CT)

• Strategy buys $34.9M of Bitcoin using common stock (BBG)

• Franklin Templeton launches crypto division (CT)

• Tom Lee says ‘best years for crypto remain ahead’ (TB)

• Crypto industry urges congress to pass tax bill (DC)

• BitMine adds $92M in Ethereum (DC)

• Treasury sanctions individuals for routing crypto to ISIS (TD)

• Most AI agents show no evidence of on-chain trading (TD)

• Strategy pads cash reserves to $1.4B (DC)

• Solana treasury Solmate's largest stakeholder sues board (TB)

• Strive buys 759 BTC for $50M (BM)

• Fund manager introduces tokenized fund with BNY (CD)

• Ether’s biggest holders back new Ethereum research hub (CD)

• Dormant wallet moves 10,600 ETH worth $18.5M (TD)

• MoneyGram becomes Solana validator (TB)

• Synthetix votes to retire sUSD (TD)

• Toss Bank tests blockchain infrastructure on Solana (TB)

• Altura winds down after substantial withdrawals (TB)

Venture Capital

• Fomo, a crypto trading platform, raises $75M led by Index Ventures (PM)

• Onchain trading platform TurboFlow raises $6M led by Pantera Capital (TB)

Access the complete VC deal flow on Fundable.

M&A Announcements

• MoonPay acquires AI accounting startup Entendre (TB)

Launches

• Anchorage brings banks onchain (CD)

• Chainlink brings Samsung, Toyota and Sony pricing on-chain (TD)

• Bitget enables stock crypto purchases (TB)

• Former EF researchers launch Ethlabs (TD)

• Enso launches RWA app and trading (CT)

Regulation

• Senate passes bill with four-year ban on CBDC (CD)

• Bank of England eases stablecoin rules (DC)

• Japan's pension fund allocates 1% of assets to crypto (TB)

• NY, Maryland and Utah hold primaries with crypto PAC money (CT)

• Bank of Korea advances deposit token initiative (TB)

Cybersecurity

• JaredFromSubway threatens legal action after $7.5M loss (DC)

• Taiko warns users to withdraw funds after breach (DC)

• Secret Network exploited for $4.7M (CT)

• Q2 emerges as most-hacked quarter on record (CT)

Extra Reads

• Most crypto security advice obsesses over seed phrases and wallets, but one of the most underestimated attack paths starts with something far more mundane - Here's why your next crypto hack might start with a Google search

Chart of the Day

Over 95.45% of total Bitcoin supply has been issued

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.