Spencer Ventures Daily Newsletter Friday, April 18th

• Markets Remain Flat Heading Into The Weekend

  Stocks and crypto hold current levels as ETH outperforms on the day (yes real)

• Global Trade Tightens As Effects of Tariffs Unfold

  Ford halts China shipments of F-150s as China ends U.S. natural gas purchases

• U.S. Recession Odds Are Back on The Rise

  Polymarket now has a U.S. recession at 56% after odds previously fell to 44%

• White House Says Trump Is Looking At Ability To Fire Fed Chair

  Trump continues to try and fire Jerome Powell with more calls for U.S. rate cuts

• Gold Now Outperforms S&P 500 Over Last 20 Years

  Gold buyers from 2005 have now outperformed the S&P 500 with 600% gains

• Oregon Attorney General Sues Coinbase

  Oregon AG is now reviving an SEC-dropped case as they go after Coinbase

• Canary Capital Files For Staked Tron ETF

  $TRX ETFs are now on the table as Canary Capital files for a staked version

• Arizona Looks To Become First State With Bitcoin Reserve

  Arizona remains in the lead as Bitcoin Reserve bill passes House Committee

• HashKey Announces First XRP Tracker Fund in Asia

  Investors can now gain exposure to $XRP without the need for wallet custody

• Base Receives More Backlash For Questionable Promotion Tactics

  Base uses “pimping” & “squirting” as new ways to promote “coining everything”

• Japanese Retailer Buys $70M Bitcoin For Company Treasury 

  ANAP announces a new purchase of $70M $BTC as they grow Bitcoin reserve

• Another Crypto Exchange Announces Plans To Shut Down

  eXch closes down after exchange was used by North Korea to launder money

• Three Men Get Combined 170 Year Sentence For Crypto Ponzi Scheme

  Group leader gets sentenced to 128 years in prison after $190M was stolen

• $300M Worth of $TRUMP Tokens Unlock on The Market

  $TRUMP team unlocks 4% of total supply from vesting with ability to now sell

• Multiple Solana Memecoins Experience Instant Drops

  $LUCE & $MANEKI both see 50% losses as token prices quickly spike down

• Magic Eden Faces Criticism Over Recent Airdrop

  Magic Eden responds after traders & stakers complain over their S1 airdrops

• Hyperliquid Absorbs 70% of Market For Onchain Perps

  Hyperliquid expands current market share as they post $175M of March volume

• Founder of Zero Edge Crypto Casino Misuses Raised Capital

  Richard Kim was arrested for fraud after using funds on crypto and gambling

• Several Crypto Companies Announce Job Opportunities

  New job postings are up from Abstract, Doodles, VanEck, & Solana Foundation

• Arbitrum Introduces Timeboost For Priority Processing

  Timeboost lets users bid on “express lane access” to gain faster transactions

• Major Supermarket in Switzerland Now Accepts Bitcoin

  Spar supermarkets adopt crypto as company now accepts $BTC for payment

• OpenSea Team Share More Details Behind $SEA Approach

  OpenSea confirms historical users will be rewarded & shares more behind XP

• Pudgy Penguins Reveal New Partnership With Lotte

  A limited edition of Bellyland collectibles go on sale April 18th at 9:00pm EST

• Redacted Releases Final Version of Tokenomics

  Redacted to burn team tokens if $RDAC doesn’t hit $100M MC in 24 months

• Rain.fi Introduces Liquid Staking With Full Rewards

  Full staking rewards & instant liquidity meet as $stJUP becomes debut token

• Solana Gaming Opens Free Mint For Season 0 Game Pass

  Open edition mint is live on Magic Eden as Solana Gaming drops Game Pass

• Backpack Distributes Another Week of Season 1 Rewards

  Crypto exchange Backpack drops Week 4 points for current reward campaign

• Fantasy Top Plans For Worldwide Announcement on April 22nd

  Social fantasy game on Blast plans to speak on X April 22nd at 11:00am EST

• SuiPlay Teases New Rewards For Preorders Before April 23rd

  Sui’s handheld gaming device is open for pre-orders along with eligible prizes

• New Badges Become Available on Abstract

  Multiplier & Roach Racing are latest projects to offer new badges on Abstract

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