🟥 Things I'm looking at today 🟥 Powered by @yeet Subscribe: https://t.co/7EJrnNibAt Crypto cools, Abstract to shut down, Nvidia ATH Crypto * BTC: 83,700 (-3%) | BTC.D: 58.7% * ETH: 2,593 (-4%) | BNB: 768 (-2%) | SOL: 118 (-2%) * Fear & Greed: 70 | 24h Liq: $551m * BTC ETFs: +$119M | ETH ETFs: -$202M * Top Gainers: GRX, NMR, PRL, CAP, ORCA * ETH leads crypto sell-off * BTC flash dump, $400M+ liquidated in 15 mins * US moves $103M in BTC and BNB * Seelig cites cryptos as ‘digital commodities’ * Seelig outlines opt-in framework for CEXs * 51% institutions expect crypto boom: State Street * BTC historically +25-92% a year after midterms * BTC volatility falls to 44% from 66%: Bitwise * Robinhood adds $25M BTC to balance sheet * Ethereum costs to fall further in 2 years: Vitalik * Crypto spot volume up +20% in Sep * Capital rotating back to crypto from AI: Raoul PaI * Bitmine won't buy ETH beyond 5% of supply * Ethereum Glamsterdam upgrade live on Sepolia * Winklevoss Group files for spot Zcash ETF * IRS issues staking safe harbour for trusts * EtherFi launches stablecoin managed by Ethena * USDC bridge now supports Solana * OKX raises at $25B valuation from Circle, Ripple * Abstract to shut down on Dec 15 * Strike launches 3.6% cash yield paid in Bitcoin * Aptos MonoMove runs contracts ~55x faster * Sui partners with Alibaba Cloud on AI payments * Ondo launches tokenised notes on private firm * Coinbase Pro to return via Deribit integration * Polymarket unveils Protocol V2 * Polymarket takes Dutch regulator to court * Kalshi launches first US stock perp futures * Hyperliquid may be outside jurisdiction: SGP * S Korea open to scrap/delay 20% crypto tax * Germany denies MiCAR license to Bitcoin Group * S Africa's top bank FNB to launch BTC trading Macro * NASDAQ: $27,600 (+0.4%) | Gold: $4,140 (-0.6%) * S&P 500, Nasdaq hit new ATH * Q3 S&P 500 profits expected +29.5% y/y * Short interest in Russell 2000 at 2019 highs * US trade deficit increased 8% despite tariffs * Trump mulls federal gas tax suspension * 50+ Iranian tankers stuck as US blockade bites * Iran has loaded no crude since 25 Aug: Bessent * Strait of Hormuz 'belongs to the US': Trump * Shell refining margins hit ATH on Gulf crisis * Explosion shuts Venezuela's 2nd largest refinery * Ukraine strikes large oil tanker off Sochi * US threatens UK sanctions over Israel boycott * UK threatens expulsion of Israeli diplomats * French bonds rally on Le Pen’s shadow budget * Le Pen leads 2027 French polls, 2x closest rival * Russia says no plague, despite lab worker's death * Asian gold miners hoarding supplies * US bank home repossessions up 42% y/y * Paramount closes Warner Bros deal AI & Tech * Nvidia, AMD hit new all-time high * SpaceX seeks $40B from Apollo to buy Nvidia chips * OpenAI shops $30B round to UAE funds, BlackRock * OpenAI adds more sponsored results to ChatGPT * OpenAI model resolved 100+ open math problems * Google launches Nano Banana 2.1 at half price * Finland orders Google to halt work at 2 DCs * Constellation surges on 20yr Google nuclear deal * Meta joins group for agentic commerce standards * Mistral AI releases massive 'Le Chonk' model * AI startup Lambda raising $4B ahead of IPO * Hyperscaler capex to hit $5.5T in 2026-29: UBS * Apple partners with LG on home devices * DeepSeek considers doubling funding to $14.9B * HubSpot cuts 7% of staff, denies AI is the cause @YEET: Crypto's Casino Just passed $3.5B in lifetime volume! gm
