Good Morning,

Here's a quick preview of today’s content: Manhattan DA urges lawmakers to strengthen crypto enforcement, Banking Committee postpones crypto legislation markup, Miami’s crypto real estate record broken by $14M transaction, NCAA urges CFTC to pause college sports prediction markets, and so much more

It’s finally Friday - 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 +28.04%

• Crypto rally pauses as Bitcoin consolidates below $97K despite strong ETF demand

  • BTC failed to hold above $97K, slipping back toward $96K as funding rates stalled, open interest fell -30%

  • Spot BTC ETFs absorbed $1.7B over three days, with positive flows also seen in ETH, SOL, and XRP

  • SOL ETFs drew $23.6M, their strongest inflows in four weeks

• Sentiment turned bullish, with the Crypto Fear & Greed Index flipping to “greed” for the first time since October

Prediction Markets

• Bettors on Polymarket are predicting 2026 NBA Champion?

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

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

• MrBeast nabs $200M investment from Tom Lee’s Bitmine (BBG)

• Trump family’s World Liberty seeks CFO for proposed crypto bank (BBG)

• Banking Committee postpones crypto legislation markup (TB)

• BofA says stablecoins could take $6T out of bank deposits (DC)

• NCAA urges CFTC to pause college sports prediction markets (CD)

• Goldman is 'spending a lot of time' on crypto, prediction market efforts (CD)

• Coinbase says company opposed crypto bill to protect consumers (CD)

• Miami’s crypto real estate record broken by $14M transaction (CD)

• X bans access to ‘InfoFi’ crypto projects (DC)

• Lenders begin recognizing crypto in loan approval process (BL)

• DTCC aims to make 1.4M securities digitally eligible (CD)

• Societe Generale works with Swift to settle tokenize bonds (CD)

• Esports team mines $14B in Bitcoin (DC)

• Solo Bitcoin miners each earn $300K (DC)

• Blockchain firm eyes $200M tokenized water projects in Asia (CT)

• Iran’s crypto economy hits $7.8B (DC)

• Ripple and LMAX strike deal to expand stablecoin use (TB)

• Starknet partners with NEAR to bring STRK on Solana (TD)

• Ondo Finance TVL doubles to over $2B (TD)

• Cake wallet adds Zcash support (TB)

Venture Capital

• Spanish crypto platform Bit2Me raises $35M funding round from Bankinter, Telefonica, Investcorp, Tether, BBVA, and more (PRN)

• Konnex, an on-chain marketplace for robot labor, raises $15M equity from Cogitent Ventures, Liquid Capital, Leland Ventures, and more (PS)

• High-speed blockchain startup Fogo raises $7M strategic token sale on Binance, selling 2% of its tokens at $350M valuation (TB)

• Meld, a stablecoin network, raises $7M strategic round led by Lightspeed Faction with participation from F-Prime Capital, Yolo Investments, and Scytale Digital (PRN)

• Stablecoin protocol Saturn raises $800K from YZi Labs, Sora Ventures, and prominent crypto angels (BM)

• Digital asset recovery startup Circuit secures an undisclosed investment from Lloyd's of London (CR)

Access the complete VC deal flow on Fundable.

Launches

• London Stock Exchange launches blockchain settlement platform (TB)

• State Street joins crypto push with digital-asset rollout (BBG)

• Chainlink, Cardano and Stellar futures begin trading on CME (DC)

• Interactive Brokers stablecoin funding goes live (BL)

• Belgium’s KBC offers Bitcoin trading (BM)

• MetaMask adds Tron support following expansions (DC)

• Solana Mobile airdrops 1.8B tokens to users (CT)

• Lemon launches Bitcoin-backed credit card (CT)

• Anchorage unlocks onchain lending via Spark (TB)

• Galaxy debuts $75M tokenized CLO on Avalanche (TB)

• Citrea unveils US Treasury-backed stablecoin (CD)

• Felix Protocol launches spot equities on HyperEVM (TD)

• Generic Protocol launches privacy GUSD token (TB)

• Lighter introduces staking for liquidity pool access (TB)

• Football.Fun debuts FUN token (TB)

Regulation

• SEC slammed for dropping crypto cases with Trump ties (CD)

• Manhattan DA urges lawmakers to strengthen crypto enforcement (DC)

• Senate pursues Friday call with crypto industry on bill (CD)

• Robinhood CEO reaffirms support for crypto market structure bill (TB)

• West Virginia introduces bill allowing state crypto investments (CT)

• Indian crypto platforms push for tax rethink (CT)

Cybersecurity

• DeFi projects abandon Discord due to scams in public channels (CT)

• DeadLock ransomware uses smart contracts to evade detection (DC)

Extra Reads

• AI is spreading across crypto trading, heightening fears of displacement even as human traders remain responsible for key decisions - Here’s how AI trading will make and break human roles

• For years, crypto’s ambitious builders focused on blockchains, but a growing number of projects are now stepping away and focusing on payments and neobank-like services - Here’s why stablecoins are driving the rise of crypto neobanks

Chart of the Day

X reveals $BTC is one of the most searched cashtags on the platform

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.