Good Morning,

Here's a quick preview of today’s content: Grandson of mob boss sentenced for funneling stolen funds Into crypto, Court sides with Caitlyn Jenner in memecoin lawsuit, Block’s Cash App launches accounts for young kids, Fed pick Warsh backs crypto’s place in finance, DoorDash to pay delivery workers in stablecoins, and so much more

Happy Wednesday - 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 +10.90%

• Bitcoin reclaims $75,000 as Iran ceasefire talks advance and equities rally resumes

  • Morgan Stanley's BTC ETF tops $139M in assets within nine days

  • USDT asserts dominance over USDC amid major crypto hacks and exploit concerns hitting altcoins

• Risk sentiment improves despite ongoing geopolitical uncertainty and DeFi security concerns

Prediction Markets

• Bettors on Polymarket are predicting US x Iran permanent peace deal by..?

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

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

• Fed pick Warsh backs crypto’s place in finance (TB)

• New York sues Coinbase and Gemini over prediction markets (DC)

• Iran scammers demand crypto for transit through Hormuz (DC)

• Wall Street’s crypto ambitions dealt a setback by latest hack (BBG)

• Coinbase flags proof-of-stake chains as quantum risks (DC)

• DoorDash to pay delivery workers in stablecoins (DC)

• Revolut targets $200B valuation in IPO (DC)

• Core Scientific reveals $3.3B bond sale for AI pivot (DC)

• Prediction market giants eye perpetual futures push (DC)

• Court sides with Caitlyn Jenner in memecoin lawsuit (BL)

• 80% of Japanese investors plan to buy crypto within 3 years (CD)

• European investors may switch banks for better crypto access (CT)

• Japan's JSCC tests government bonds on blockchain (TB)

• Dogecoin Foundation and MoonPay donate 1M DOGE to charity (DC)

• South Korea tax agency opens bidding for crypto tracing tool (CT)

• Nium taps Coinbase to add USDC into payments network (CT)

• Securitize names former IMF representative to board (TB)

• BitMEX taps Zodia for off-exchange collateral trading (CT)

• Polymarket taps Bitget Wallet's 90M users with integration (TB)

• ProCap partners with Kalshi for market data in research (TB)

• Pokémon TCG marketplace shows tokenized collectibles staying power (TB)

Launches

• Block’s Cash App launches accounts for young kids (DC)

• SoFi adds XRP deposits (TB)

• Singapore’s OCBC launches tokenized gold fund (CT)

• Blockchain.com adds perpetual futures trading (CT)

• Peter Thiel-backed Ramp rolls out free conversions (TB)

• Onramp launches unified finance platform (BM)

Regulation

• Senate crypto bill faces April setback amid growing pressure (TB)

• Mississippi law school requires AI training (DC)

• UK sets out plan to integrate payments rules covering stablecoins (TB)

• European banks tap Fireblocks for euro stablecoin (CT)

• Poland crypto law forces local companies to move abroad (CT)

• Philippines SEC flags six crypto platforms as unauthorized (CT)

Cybersecurity

• Grandson of mob boss sentenced for funneling stolen funds Into crypto (DC)

• Arbitrum freezes $71.5M linked to $292M Kelp exploit (DC)

• Fake delivery driver targets French crypto worker in home invasion (CT)

Extra Reads

• Rechler argues that if companies don’t adopt better content strategies and overly misuse AI tools, their platforms, exchanges or dapps won’t be discovered via search - Here’s why AI slop created a problem crypto can’t ignore

Chart of the Day

Over $17B has been stolen from crypto hacks in the past 10 years

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.