Crypto Rundown: The McRib Is Back & The Government Reopens?! What Does This Do for Crypto?!

12 snips

Nov 12, 2025

The hosts celebrate the potential end of the government shutdown and rising market optimism. They discuss major institutional investments in Bitcoin and Ethereum, and the upcoming XRP ETF. The humorous connection between the McRib's return and crypto sentiment adds a fun twist. They examine the new IRS guidance for staking and highlight Coinbase's launchpads for token sales. The conversation also touches on the latest trends in prediction markets and the performance of active fund managers. Year-end expectations set the stage for potential growth!

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INSIGHT

Legislation Returning To Influence Crypto

Government reopening resumes legislative work and accelerates crypto policy progress.
Tevo highlights D.C. meetings and ongoing bills as long-term bullish for crypto infrastructure.

INSIGHT

IRS Staking Guidance Lowers Institutional Barriers

IRS guidance creates a safe harbor for ETPs to stake without losing fund status.
This change opens regulated funds to distribute staking rewards and may broaden institutional flows.

ANECDOTE

McRib Sighting Becomes Market Meme

Tevo discovered his local McDonald's had the McRib and joked the sandwich correlates with bullish crypto candles.
Brian also received texts and celebrated the McRib as a meme-market indicator for green candles.

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Tevo and Brian kick off the episode celebrating the potential end of the U.S. government shutdown and a renewed sense of market optimism. They highlight institutional confidence with major Bitcoin and Ethereum buys, new staking ETF guidance, and upcoming products like the XRP ETF and Coinbase launchpads. Amid humor and community chatter, the hosts track how cultural signals—from the McRib’s return to prediction market growth—reflect bullish energy across crypto. The episode closes with gratitude for veterans and excitement for year-end momentum.

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Chapters

00:00 Introduction

01:53 — Market reaction to shutdown relief; Bitcoin and Ethereum tick up as sentiment improves.

05:51 — Fear & Greed Index rises; Brian predicts sideways trading before a year-end Santa rally.

07:59 — Technical review: Bitcoin holds key $100K support; discussion of Fed data delays and CPI reports.

10:17 — Trump’s proposed $2,000 “tariff dividend” tweet analyzed with Scott Besson’s clarifications.

12:45 — IRS issues new staking guidance for crypto ETFs; Brian explains long-term adoption impact.

13:43 — Staking ETFs and dividend fund implications for Ethereum and Solana.

15:57 — The McRib returns; Tevo calls it a bullish market signal and celebrates “boots-on-the-ground” reporting.

17:20 — MicroStrategy and Vivek Ramaswamy’s Strive buy more Bitcoin; Tom Lee’s BMNR increases ETH holdings.

26:01 — Fund manager performance stats show only 22% beating the market, suggesting a Q4 rally setup.

28:38 — ETF news: Canary Capital working on XRP ETF; Brian praises the XRP Army’s resilience.

31:09 — Coinbase, Monad, and OpenServe announce new AI-driven token launchpads on Base.

34:22 — Zcash correction after massive rally; market caution and Robinhood–Jupiter partnership discussed.

39:02 — PrizePicks partners with Polymarket; prediction markets seen as the next phase of decentralized wagering.

47:30 — Moonbirds launch new merch; NFT brands like Rec Drinks and Pudgy Penguins expand into retail.

51:33 — Community Q&A: Josh asks about HBAR; hosts discuss long-term potential and volatility.

54:40 — Closing remarks: salute to veterans, preview of Friday’s episode with Brendan, and sign-off.

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