Mando Minutes

Things I’m looking at today…

Uptober cancelled, ETH ETFs see low volume, dollar rally continues

Crypto

• BTC: $27.6k (-3%), ETH: 1660 (-4%)

• ‘Uptober’ reverses on strong dollar & rising yields

• BTC rejects off 200D MA, ST holders in profit

• ETH futures see lowish volumes in first day

• Grayscale files to convert ETH trust to ETF

• ETH ETFs show SEC thinks it’s not a security: a16z

• Issuers claim BTC ETFs come early 2024

• ETH seeing large institutional demand: Fidelity

• ETH revenue +76%, holders +23% YoY

• UBS tests Singapore bond fund on ETH

• Gold & BTC diverge notably over last month

• Stablecoin TVL continues rise, +$5bn in 7d

• Alts outperformed since $25k BTC local bottom

• SOL +1%, 27 straight weeks of fund inflows

• SOL co-founder criticises ETH ‘digital tyranny’

• MATIC 1 month high, Google become validator

• VC funding in crypto down 44% since last year

• Binance class-action lawsuit over FTX ‘sabotage’

• Celcius aims to repay customers by year end

• Fake Satoshi account posts on X

• SBF trial to begin today, will be 6 weeks

Macro & General

• Stocks mixed, dollar & bond yields continue rise

• Small cap stocks turn negative for the year

• Fed’s Bowman: need to raise rates further

• Jamie Dimon: rates are going to 7%

• Banks tighten lending at highest rate in 35 years

• Start-ups closing at accelerating rate in Q3

• Top tech stocks at biggest PEG discount in 7 years

• Peter Schiff: fork in road coming, disaster both ways

• 45% young adults living with parents in US

• Elon livestreams gaming on X

• Meta using Instagram & Facebook posts to train AI

• Zuckerberg: metaverse could bring back dead virtually

• 40% labour force affected by AI in 3 years

• AI to ‘dramatically increase’ energy consumption

• Sphere Entertainment soars after U2 concert footage

• Sphere rental costs leaked at $450k per day

• Trump turns up to condemn NY fraud trial

• Trump lead widens after second GOP debate

• Biden approval rating at lowest since in office

NFTs & Low-Cap

• Rise in sim-swap hacks of Friend Tech accounts

• Blur farmer, Hanwe, to share FT fees with holders

• RLB +40% in 7d, hints at burn increases

• GALA +10% as gaming sees strength

• PEPE most discussed again in Sep, beats BTC & ETH

• LOOKS changes tokenomics, begins buyback

• Top NFTs rebound 5-10%, led by Yuga Labs assets

• Proof cuts team to 22 staff amid downturn

• Refik to be part of Sphere opening concert

• Adidas & Moncler NFT collection to launch

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