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Here's a quick preview of today's content: Five convicted of imprisoning crypto millionaires in London, Regulators push for prediction market provision in Clarity Act, BNY adds crypto staking to platform, Police arrest 37 Americans over data center protests, Bitcoin wallet dormant since 2013 moves $31M, and so much more

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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 +3.2% Gannon's AI Fund is up +55.3%

• Bitcoin rises toward $64,000 as the Coldcard exploit and Strategy sales recede

  • BTC coils as Hormuz reopening timeline sends the S&P 500 to a $70T record

  • Traders look past Strategy's BTC sales and Coldcard sweeps, with ADA advancing

• Coldcard exploit triggers 'record' inflows to centralized exchanges as affected holders move funds

Prediction Markets

• Bettors on Polymarket are predicting Fed rate hike in 2026?

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

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

• Senators seek probe of President Trump's memecoin (TB)

• Jim Cramer sells his bitcoin over quantum threat (DC)

• BlackRock tokenizes $311B of European money market funds (DC)

• Police arrest 37 Americans over data center protests (DC)

• SpaceX posts $540M loss on bitcoin holdings (CD)

• Republicans continue to blame Democrats over Clarity Act (BM)

• Wells Fargo races to tokenize settlement rails (TB)

• Ledger says wallet security must adapt (DC)

• Bitcoin wallet dormant since 2013 moves $31M (CD)

• BlackRock's Ethereum ETF to undergo reverse share split (TB)

• Bitdeer signs $4.7B data center lease in Norway (TB)

• Ark Invest buys $10M in Coinbase and Circle (TB)

• Intesa Sanpaolo slashes IBIT stake by 94% (CD)

• Solana Proposal increases daily burns 10-fold (DC)

• Ethereum researchers propose burning validator rewards (TB)

• Hut 8 shares slip after Q2 revenue miss (TB)

• BitGo moves $7.4B wrapped bitcoins to Chainlink (TB)

• Hashdex shuts down Bitcoin ETF (DC)

• Hyperscale trims bitcoin holdings (BM)

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Venture Capital

• Polymarket targets $20B valuation (CD)

• Dow Protocol, a platform for tokenizing RWAs, raises $9M from MH Ventures, OKX Ventures, Animoca Brands and more (CN)

Access the complete VC deal flow on Fundable.

M&A Announcements

• Mastercard completes BVNK acquisition (TB)

• Fortitude Mining completes cash acquisition of mining facility (TB)

Launches

• BNY adds crypto staking to platform (CD)

• Cloudflare kicks off AI wallet rollout (TB)

• Dinari launches tokenized S&P 500 stocks (TB)

• Binance launches bitcoin 'Lite Loan' (TB)

• Caleb & Brown expands to UK (CT)

Regulation

• Regulators push for prediction market provision in Clarity Act (TB)

• US and UK reaffirm support for stablecoins (CT)

• Nigeria approves tokenized assets (BBG)

• 3iQ manages Bhutan's bitcoin reserves (BM)

• South African lawmakers propose rules on crypto (CD)

Cybersecurity

• Apple AI slop leaves macOS exploit unreported (DC)

• Five convicted of imprisoning crypto millionaires in London (DC)

• Hardware wallet firms warn of phishing surge (DC)

Extra Reads

• A hardware wallet failed, so some Bitcoiners are saying "just buy the ETF", but give up your keys and you give up the whole point, and the fix is stronger self-custody, not surrender - Here's the case for self-custody after the Coldcard hack

Chart of the Day

55% of Americans say they would feel more protected if Clarity Act passes

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