Good Morning,

Here's a quick preview of today’s content: Nvidia makes an astounding investment into your favorite AI company, Winklevoss twins are beyond bullish on cyrpto, Bitcoin mining company CleanSpark massive lending, UAE to adopt global crypto tax reporting framework, 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.*

• The crypto market experienced significant losses, leading to the liquidation of $1.5B in leveraged bets

  • Total market cap dropped to $3.98T,  a -3.7% daily drop, with more than 407,000 traders liquidated

  • ETH dropped -9% to $4,075, while BTC fell nearly -3% to $111,998, amid significant leveraged position liquidations

  • XRP has dropped −3.6% to ~$2.85, SOL is down more significantly, near −7%, while BNB is also in the red, down around −5.4%, DOGE dropped by -10%, leading losses among the top 10

• Negative sentiment spread across the market, funding rates turned negative and altcoins experienced double-digit declines

Market Predictions

• Bettors on Kalshi are predicting what Kimmel will say during his show tonight (his return)

• Trade your predictions on a range of events, only on Kalshi

• Sign up with code LIT and get a $20 bonus when you trade $100

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

• Nvidia commits $100B to build out OpenAI’s computing muscle (DC)

• Deutsche Bank says Bitcoin could appear on central bank balance sheets by 2030 (CD)

• Crypto stocks tumble in pre-market trading as Bitcoin and Ether extend heavy overnight losses (CD)

• Binance co-founder CZ raises $1.3M in donations for Giggle Academy (CT)

• Winklevoss twins call for $1M Bitcoin price as Gemini goes public (YF)

• Bitcoin and Ethereum ETFs attract $1.9B in net inflows last week (DC)

• Scaramucci-backed crypto treasury company launches with $550M fundraising plan (YF)

• Strategy buys 850 BTC for $99.7M (CD)

• ​​Metaplanet adds 5,419 BTC in $632M purchase, becomes the fifth largest corporate Bitcoin holder (CD)

• MetaMask’s mUSD circulating supply rises to $65M (TB)

• Tether denies reports that it is exiting Uruguay over a $4.8M debt dispute (CT)

• PayPal Ventures invests in Stable, a layer 1 blockchain network designed for stablecoin-based payments (BW)

• Hyperliquid's HYPE token sheds more than 16% during a four-day downtrend (DC)

• South African asset management giant urges clients to avoid concentrating their portfolios in Bitcoin (CS)

• Google's DeepMind updates its Frontier Safety Framework (DC)

• Three international vehicle manufacturers start accepting Tether in Bolivia (CT)

• Ripple advances institutional DeFi with slate of compliance and credit tools (BW)

• BitMEX Co-founder sells $5.1M worth of HYPE tokens (CD)

• Hyperliquid whale withdraws $122M HYPE tokens (CT)

• Forward Industries looks to tokenize its FORD shares using Superstate’s Opening Bell platform (TB)

🚨 Portfolio Update: Gannon’s crypto portfolio on Autopilot has officially hit its 3 month mark running - thanks to positons in IREN (+115%), HOOD (63%), and others*

So far the portfolio is up +25.5% since inception (BTC is up +7.2% during that time)

To check out Gannon’s positions in his crypto portfolio (along with all his other portfolios) click here

Venture Capital

• Bitcoin mining company CleanSpark secures a $100M credit facility with Coinbase Prime (CD)

• Crypto neo-bank Shield raises $5M in a seed round led by Giant Ventures (TC)

M&A Announcements

• Strive purchases Semler Scientific in an all-stock deal (CD)

• Helius Medical Technologies announces its first acquisition of 760,190 SOL tokens (TB)

Launches

• Ethereum wallet provider Rainbow to launch its native token, RNBW (BW)

• Plasma launches Plasma One, the first neobank built entirely around stablecoins (CD)

• Hydration, the largest DeFi protocol on Polkadot, launches HOLLAR, its native stablecoin (BW)

• Midas launches mXRP, a tokenized XRP product (TB)

• AgriFORCE to relaunch as AVAX One with $550M DAT plan (BW)

• Kraken to debut Kraken Launch, with public sale of YB (BW)

• Kaia and LINE NEXT announce Project Unify, a stablecoin-powered app inside LINE Messenger (DC)

Regulation

• UAE to adopt global crypto tax reporting framework (BW)

• U.S. and UK team up to create crypto focused task force to guide future regulations (TB)

• China's securities regulator tells brokerages to pause their RWA tokenization businesses in Hong Kong (CD)

• The UK's Financial Conduct Authority reduces application process times for crypto service providers (DC)

Cybersecurity

• Streamer drained of $31K in Solana raised for cancer treatment (DC)

• Coinbase data breach victims not on the same page about a legal strategy (BW)

• Ex-FTX exec’s plea deal still at center of court case (CT)

• Crypto.com data breach linked to Scattered Spider hacker group (DC)

• South Korea flags a record 36,684 suspicious crypto transactions in 2025 (CT)

Extra Reads

• U.S. regulatory frameworks signal acceptance of crypto, but most blockchains lack the privacy and compliance features institutions need - Here’s why new regulations expose blockchain's privacy and compliance gaps

• If free-flowing stablecoins provide the crucial infrastructure layer of crypto, tokens as a conduit for capital may have less appeal - Here’s how stablecoins will break the token flywheel

Chart of the Day

Spot BTC ETFs saw $886.6M in net inflows last week, while ETH ETFs added $556.9M

Meme Dump

Pls send us crypto memes to be featured in the newsletter 🤝

🐦 Follow Us: Visit our X account for daily updates on all things web3, DeFi, & crypto.

💰 Gannon’s Crypto Portfolio: Trade alongside Gannon’s crypto on Autopilot

💵 Litquidity Ventures: Accredited investors & qualified purchasers within the Litquidity community can gain access to alternative investments such as venture, late-stage growth, and private equity through Litquidity Ventures. Interested? Fill out this form.

☎️ Book a call with Lit: Want to pick Litquidity’s brain on business advice, insights, or just chat to say what’s up? Buy his time here.

📧 Launch your own newsletter: Have great content ideas and looking to launch your own publication? We highly recommend Beehiiv to get started.

*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.