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Here's a quick preview of today’s content: Two critical bugs put 70% of the internet at risk, UK banks hit with complaints over blocked crypto transfers, Yuga Labs launches trading-card NFTs, Three companies start tokenized stock trading, OCC accused of undermining Congress with stablecoin rule, and so much more

Spreadwise is revolutionizing liquidity for HNWIs by offering fixed-rate liquidity at sub-4% rates. This is a game-changer for investors who want to access credit without disrupting their portfolios. If you manage wealth for yourself or clients, you should give it look.

Happy Thursday – 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 +16.11% Gannon’s AI Fund is up +50.7%

  • Bitcoin nears $85,000, hitting a weekly high as SpaceX earnings reignite risk appetite

    • BTC rises U.S. stocks head higher, rallying back as a tech rebound sparks speculative debate

    • ZEC jumps +11%, extending gains after setting an upgrade date, while XMR futures heat up again

    • ETH ETF outflows continue, passing $1B in October so far

  • Bitcoin volatility nears 2026 lows as traders brace for the Fed decision and U.S. midterms

Prediction Markets

  • Who will win the 2028 Presidential election?

  • 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

  • Trump highlights crackdown on overseas crypto scams (BM)

  • SpaceX and Tesla explore merger uniting their bitcoin (CD)

  • OCC accused of undermining Congress with stablecoin rule (TB)

  • Kalshi allows bets with bitcoin-backed loans (BBG)

  • Italy targets crypto laundering ring across Europe (BBG)

  • Solana Alpenglow goes live (DC)

  • Three companies start tokenized stock trading (BM)

  • Bybit looks for partnerships to take on Robinhood (CD)

  • 13 JPMD lookalikes emerge amid JPMorgan’s ether launch (TD)

  • UK banks hit with complaints over blocked crypto transfers (DC)

  • MoonPay and Dunamu collaborate on stablecoin payments (TB)

  • Grayscale expands in-kind subscriptions (TB)

  • Zcash developers confirm November upgrade (CD)

  • Malaysia launches platform for tokenized bonds (CT)

  • Dogecoin Labs launches DOGE ecosystem (TB)

A Message from Spreadwise

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Venture Capital

  • Tether leads $15M round for AI payment startup Mural (CD)

  • Dataline, a data network for AI, raises $10.6M co-led by Lattice and Dispersion Capital (TB)

  • Tether leads funding round in Bolivian fintech Peso (CT)

Access the complete VC deal flow on Fundable.

M&A Announcements

  • Standard Chartered acquires crypto custodian Zodia Custody (TB)

  • Aerodrome and Velodrome, two major DEXs, merge to launch Aero (TB)

Launches

  • BitGo launches innovation unit (TB)

  • OpenSea opens app to all users (TD)

  • Yuga Labs launches trading-card NFTs (TD)

Regulation

  • Polymarket sues Ohio to block crackdown (TD)

  • France proposes liability for exchanges offering DeFi (CT)

  • Cardano urges EU against expanding MiCA rules (CT)

Cybersecurity

  • Two critical bugs put 70% of the internet at risk (DC)

  • Eclair patches bug that steals funds (TD)

Extra Reads

Chart of the Day

Tokenized stocks hit $4.4B in market cap

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.