Together with

Good Morning,

Here's a quick preview of today’s content: UK couple attacked in crypto home invasion, CFTC updates guidance on tokenized assets, Ondo launches onchain portfolio tokens, Morgan Stanley sees tokenized assets reaching $2.3T, IBM connects to Swift’s blockchain ledger, and so much more

Transform your sleep for the better with Eight Sleep, technology trusted by the likes of Mark Zuckerberg, Elon Musk, and Lewis Hamilton.

Friday’s here – 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 +24% Gannon’s AI Fund is up +66.1%

  • Bitcoin falls below $84,000 as the 10-year Treasury yield hits a 19-year high

    • BTC slides as bond yields hit their highest level since 2007, with traders now pricing in four Fed rate hikes

    • DOGE drops -8% as the breakout cools, though ONDO leads an overnight altcoin bid and LTC has its moment

    • BTC ETFs add $347M, with traders bracing for a $15B options expiry

  • Institutions held their Bitcoin through the -50% drawdown and some bought more, though only four of the top 20 treasury firms trade above their holdings value

Prediction Markets

  • Which companies are going public 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

  • Bitget halts withdrawals after $352M hack (BBG)

  • Fed unveils stablecoin rules (DC)

  • IBM connects to Swift’s blockchain ledger (TB)

  • Brooklyn man gets 12 years over $16M Coinbase scam (DC)

  • UK’s largest banks complete first interbank transactions (CD)

  • ARK teams with Securitize to tokenize venture fund (CD)

  • Ondo Finance tries to sell after founders death (CD)

  • Morgan Stanley sees tokenized assets reaching $2.3T (TD)

  • Bullish, Alpaca and Apex Fintech push tokenized stocks (CD)

  • Solana Foundation hires Binance's former CMO (DC)

  • Elliptic launches product for cops to read crypto wallets (DC)

  • Sequans exits Bitcoin treasury strategy (CT)

  • RockawayX rolls out venture funding for tokenized products (CD)

  • Solana treasury SkyAI keeps board after protest (TB)

A Message from Eight Sleep

Exceptional sleep. Without exception.

Viral sleep-tech Eight Sleep raised $100M from the likes of Elon Musk and F1 driver Charles Leclerc and its about time you check it out.

Using clinically-proven technology, their new Pod 5:

  • Cools your bed up to 20ºF below room temperature

  • Detects and reduces snoring by 45%

  • Increases daytime energy levels by up to 34%

…and altogether reimagines what sleep should truly feel like.

The Pod fits on every bed, includes sensors to track your health, elevates automatically to adjust breathing, and cools and warms throughout the night to dramatically improve sleep quality.

Titans like Mark Zuckerberg, Lewis Hamilton, and Aaron Judge swear by the Pod…and so do I.

Head to eightsleep.com/lit and use code LIT to get $500 off your new Pod 5.

Transform your sleep tonight

Venture Capital

  • HIFI, a stablecoin payments company, raises $37M led by Left Lane Capital (TB)

Access the complete VC deal flow on Fundable.

Launches

  • Ondo launches onchain portfolio tokens (TB)

  • Tempo launches tool router (BL)

  • DoubleZero brings fiber market data to Hyperliquid (CT)

Regulation

  • New York files lawsuit against Polymarket (DC)

  • CFTC updates guidance on tokenized assets (CT)

  • EU warns quantum poses threat to blockchain (CD)

Cybersecurity

  • UK couple attacked in crypto home invasion (DC)

  • Crypto casino Duelbits goes offline after $7M hack (CD)

  • Payy halts network after $1.92M drain (TD)

Extra Reads

Chart of the Day

Bitcoin ETF year-to-date flows turn positive for the first time since April

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.