Mando Minutes

Bitcoin ETFs delayed, Sam Altman fired, Ordinals hype returns

Crypto

• BTC: 36.4k (+0%), ETH: 1940 (-1%), SOL: 57 (-2%)

• SEC delays decisions on spot BTC ETFs

• SEC may want cash-create model for ETFs

• Fidelity files for spot ETH ETF

• BTC option Open Interest reaches ATH

• BTC fees overtake ETH amid Ordinals activity

• KAS, TIA & RNDR lead rally in top 100 alts

• Jump Trading & Wormhole part ways

• 2015 tape of Vitalik shows restructuring plan

• YFI drops 50% amid claims of exit scam

Macro & General

• S&P 500: 4514 (0%), NASDAQ: 14.1k (0%)

• OpenAI fires Sam Altman

• Largest 3-week rally in tech stocks since 2020

• Short-seller Chanos to close main funds

• Ray Dalio: US debt problem at inflection point

• Buffet building cash as ‘sees trouble next year’

• Companies pause ads on X citing antisemitism

• Trump mistrial request denied

• Pentagon fails to account for $3T funds

NFTs & Low-Cap

• Ordinals hype returns, Bitcoin Frogs do 5x

• Coinbase launch PetFi game

• Friend Tech update, removes 600k bots

• Blockchain gaming hits 1m daily active users

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The information does not constitute financial advice or recommendation and should not be considered as such