Good Morning,

Here's a quick preview of today’s content: Tesla books $239M crypto loss, Coinbase moves toward custom stablecoins, Senators weigh amendments to crypto market structure bill, OKX launches crypto Mastercard, Top Wall Street firms meet with SEC to discuss DeFi, 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 +23.06%

• Crypto steadies as Fed pauses, gold steals spotlight

  • BTC hovered near $90K but lagged as the Fed held rates steady

  • Altcoins outperformed at the margins: Hyperliquid and Pump.fun posted double-digit weekly gains

  • SOL network metrics softened, with validator count declining and transactions down -40%

  • Gold surged to new records, continuing to outperform

• Overall tone remained fragile, modest gains across majors but sentiment stayed fear-leaning

Prediction Markets

• Bettors on Polymarket are predicting Caroline Ellison new boyfriend by January 31?

• Track and trade who will be the lucky man, only on Polymarket

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

• White House hosts crypto and bank execs to talk stalled bill (TB)

• OpenAI social network could tap World's eyeball-scanning Orbs (TB)

• Fidelity launches FIDD stablecoin (DC)

• Tesla books $239M crypto loss (CD)

• Coinbase eyes Bitcoin payments for children (BM)

• Top Wall Street firms meet with SEC to discuss DeFi (DC)

• Silver and gold hype overtakes crypto on social media (CT)

• OpenAI social network uses eyeball-scanning (TB)

• Wallet linked to US seizure theft launches memecoin (CT)

• Coinbase moves toward custom stablecoins (CT)

• Criminal crypto use spikes after years of decline (CD)

• Top mining stocks rise amid winter storm hashrate decline (CT)

• Coinbase rolls out Kalshi prediction markets (DC)

• Crypto PAC Fairshake reports $193M donations (TB)

• WisdomTree extends tokenized funds to Solana (TB)

• Bitwise registers Uniswap ETF trust (DC)

• Strive enters top 10 Bitcoin holders (DC)

• Optimism approves token buyback (CD)

• Bitget taps ex-Bitpanda chief to build MiCA hub (CT)

• Rodeo NFT platform to close (CT)

Venture Capital

• Bitcoin treasury firm Strive raises $225M through SATA preferred offering (CD)

• Privacy blockchain Zama raises $118M ICO via encrypted public token auction backed by institutional and retail investors (RT)

• Token creation platform Doppler raises $9M seed round led by Pantera Capital (TB)

• Web3 startup AetheriumX raises $8M strategic round from CGV, Gains Associates, DuckDAO, and Genesis Capital (TB)

• Joao Alves and Guilherme Gomes raise $6M seed round led by Blossom Capital to expand an onchain financial app (TB)

Access the complete VC deal flow on Fundable.

Launches

• OKX launches crypto Mastercard (CD)

• Gemini launches Zcash credit card (DC)

• Ethereum launches AI agent economy (TB)

• Ripple debuts treasury platform (TB)

• Coinbase expands into metal futures (DC)

• Dubai Insurance launches crypto premium payments (CT)

• MegaETH mainnet goes live Feb. 9 (CD)

• Moonbirds debuts BIRB token (TD)

• Uniswap rolls out 'Continuous Clearing Auctions' (TB)

Regulation

• Senators weigh amendments to crypto market structure bill (CT)

• UK regulator bans Coinbase ads (DC)

• South Korea backs caps for crypto exchanges (CT)

Cybersecurity

• UK rules RuneScape gold is property in $750K theft (DC)

• Illicit actors capture 3% of crypto liquidity (TB)

• Crypto launderers turn away from centralized exchanges (CT)

• Linea integrates Phylax to prevent exploits (TB)

Extra Reads

• China’s exports remain resilient under US tariffs as the yuan stays tightly managed, sending ripples all the way to the crypto market - Here's how China's response to Trump tariffs rocks bitcoin

• Physical co-location and nanosecond advantages end as alpha shifts onchain, and high-frequency trading firms own blockchain infrastructure - Here’s why for Wall Street’s trading firms, the next alpha is onchain

Chart of the Day

Bitcoin is up +429% since 2022, far outpacing gold, silver, and stocks

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.