SoFi Stablecoin Launch

Together with

Good Morning,

Here's a quick preview of today's content: Hackers route Coldcard exploit bitcoin into recovery, European banks expand stablecoin yield ban, Canada's 'Big Six' banks launch tokenized deposit initiative, Animoca Brands suspends public merger deal, Crypto VC Hashed starts new private credit fund, and so much more

Get the charter flight access you've always wanted. Use code LIT1 for a free one-month trial on The FlyJets Exchange. More info below!

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 (7/3/25), Gannon's Crypto Portfolio is up +25.5% Gannon's AI Fund is up +67.2%

• Bitcoin leads crypto back above $3T, breaking out to an eight-month high

  • BTC ETFs attract nearly $1B, the largest daily inflow in 11 months and 9th largest ever as the average holder returns to profit

  • DOGE jumps +15% to its highest price in months, leading a market rebound

• A crypto metric signals altseason as Bitcoin's market-cap share stalls below 60%

Prediction Markets

• Who will be the top artist in the US this year?

• Deposit $10 and get a $20 bonus with code LIT on signup, only on the Polymarket US app

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

• Senator calls for probe into US presidents' sons (CT)

• SoFi begins stablecoin settlement on Mastercard (TB)

• CME expands crypto futures lineup (DC)

• Crypto VC Hashed starts new private credit fund (TB)

• $161M in decade-old bitcoin moves in two weeks (DC)

• CFTC says markets must prepare for 'mass tokenization' (DC)

• Bernstein predicts $10T prediction market by 2035 (DC)

• Kalshi denies faking its crypto volume (TD)

• Animoca Brands suspends public merger deal (TB)

• Arch Lending eyes tokenized stocks as collateral (CT)

• Shortwave Coffee enables bitcoin payments (BM)

• Capital.com makes a push for the UK's crypto market (FM)

• Kakao Pay and KakaoBank explore stablecoin opportunities (CT)

• Prediction market Trueo migrates to Ethereum (TB)

A Message from FlyJets

Love to fly private? (We do!) First-time flyer?

With FlyJets, you can find the best prices, compare specs on charter flights and find groups to share with ✈️

Use code LIT1 at checkout using the mobile app or via web for a one-month Exchange membership trial (cancellable at any time) and to immediately get in touch with the FlyJets team for any flight needs.

Gain the flying experience you've always wanted. Book through FlyJets!

Happy Flying

Venture Capital

• Breed VC raises $15M backed by FalconX, Nic Carter, Rob Hadick and Jake Brukhman (TB)

Access the complete VC deal flow on Fundable.

M&A Announcements

• Binance takes $100M stake in stablecoin issuer Circle (DC)

Launches

• Coinbase adds bitcoin-backed loans (TB)

• Canada's 'Big Six' banks launch tokenized deposit initiative (CD)

• Zcash gets first European ETP (CT)

Regulation

• European banks expand stablecoin yield ban (CD)

• a16z asks SEC to put DEXs outside registration (TD)

Cybersecurity

• Hackers route Coldcard exploit bitcoin into recovery (DC)

Extra Reads

• Researchers can trace an estimated 1.1M BTC to a distinctive early mining operation, but the harder question is whether that miner was actually Satoshi - Does Satoshi actually own 1.1 million Bitcoin?

Chart of the Day

Total crypto market cap reclaims $3T for the first time in 8 months

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.