Good Morning,

Here's a quick preview of today’s content: Interpol exposes $122M wallet tied to romance scam laundering, MPs push to make UK crypto donation ban permanent, Coinbase CLO steps down, Bitcoin miners’ AI pivot faces scrutiny, New version of Clarity Act may release, and so much more

Friday’s here - 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 +7.2% Gannon’s AI Fund is up +53.2%

• Bitcoin rises to $63,000, up +9% since end of June as markets look past latest Iran dustup

  • BTC rose +1.5% and Nasdaq futures jumped +2.6% with markets unconcerned by US airstrikes on Iran

  • ETH steadies while gold slides for a fourth day

• Bitcoin rebound remains a bear-market recovery despite recent gains

Prediction Markets

• Bettors on Polymarket are predicting Fed decision in July?

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

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

• Eric Trump’s bitcoin bet erases $600M from family fortune (BBG)

• New version of Clarity Act may release (CD)

• Anthropic AI board adds Ben Bernanke (DC)

• Coinbase CLO steps down (TB)

• JPMorgan says private blockchains are threat to bitcoin (BM)

• Bitcoin muni bond fails to get New Hampshire sign off (BBG)

• Singapore's Temasek fund says crypto is off the table (CD)

• Sony Bank clears hurdle for dollar stablecoin (DC)

• Avalanche treasury AVAX reclaims Nasdaq compliance (DC)

• PayPal seeks to increase use of PYUSD (TB)

• Brazil's B3 exchange offers crypto futures (CD)

• Grayscale's CFO exits after 7 years (CD)

• Bitcoin miners’ AI pivot faces scrutiny (CT)

• Swift launches blockchain ledger (TB)

• Bitdeer expands mining hardware production (CT)

• Hyundai Card completes stablecoin pilot (TB)

• Arbitrum captures 10% of fees from Robinhood (TD)

• AscendEX crypto exchange shuts down (TB)

Venture Capital

• Gauntlet, a crypto yield curator, raises $125M from SBI Holdings (TB)

Access the complete VC deal flow on Fundable.

M&A Announcements

• Bitcoin miner MARA acquires Texas land plot from HIF USA (DC)

Launches

• Russia's Alfa Bank offers crypto services (TB)

• MoonPay brings AI crypto agents to Telegram (DC)

• BitGo introduces quantum protection for wallets (TB)

• Aave Labs rolls out Stable Vaults (TB)

• Privy and Jito develop Solana transaction tool (TB)

Regulation

• Hyperliquid asks CFTC to modernize onchain rules (CT)

• MPs push to make UK crypto donation ban permanent (DC)

• Hong Kong orders crypto platforms to phase out OTP (TB)

Cybersecurity

• Interpol exposes $122M wallet tied to romance scam laundering (CT)

• Crypto hack losses fall below $1B (TB)

• Ethereum Foundation turns AI loose to find bugs (DC)

Extra Reads

• Nearly every piece of Ethereum is set to be replaced over the next three to four years, with quantum defense and privacy moving to the front of the line - Here's what Ethereum's rebuild actually changes

Chart of the Day

Tokenized equities see a record $3.4B in volume

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.