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- Spencer Ventures Daily Newsletter Friday, February 7th
Spencer Ventures Daily Newsletter Friday, February 7th
Nick ‎
February 07, 2025
Daily Market Movers
Stock Market | Crypto Majors | Top NFTs | Memes (Market Cap) |
|---|---|---|---|
S&P 500: 6,026 (-0.95%) | BTC: $96,500 (-0.27%) | BAYC: 12.55ETH (-3.11%) | TRUMP: $3.32B (-2.47%) |
GOLD: $2,860 (+0.15%) | ETH: $2,620 (-2.94%) | PUDGY: 9.89ETH (-1.00%) | WIF: $677M (-4.23%) |
VIX: 16.54 (+6.71%) | XRP: $2.39 (+2.99%) | MILADY: 4.11ETH (-7.43%) | PENGU: $637M (-4.66%) |
DXY: 108.10 (+0.36%) | SOL: $191.90 (+0.96%) | MOCA: 1.99ETH (-9.22%) | POPCAT: $212M (+4.56%) |
News & Current Events
Bitcoin Falls Back Down After Momentarily Reclaiming $100K
Markets show relative weakness as crypto majors fail to hold previous levels
Celebrity Memecoin Meta Continues
Kanye West & Dave Portnoy are allegedly both planning memecoin launches
U.S. Job Growth Comes In Slightly Under Expectations
Nonfarm payrolls come in at +143K (est. +169K) as unemployment stays at 4%
CFTC Launches Pilot Program For Digital Assets
CFTC will begin to assess tokenized non-cash collateral such as stablecoins
Barstool Sports Founder Pumps & Dumps Multiple Memecoins
Dave Portnoy buys memecoins, tweets about them, then sells immediately after
World Trade War Presses On With More Tariffs
Trump threatens to match tariffs against US as EU offers lower tariffs on US cars
Coinbase Adds $PENGU & $POPCAT To Spot Listing
More memecoins will be offered on Coinbase as PENGU & POPCAT get added
President Trump Says Musk & DOGE Will Audit The Pentagon
Trump & Musk will look to audit the Pentagon after $824B goes unaccounted for
Tornado Cash Co-Founder Officially Released From Prison
Alexey Pertsev is free on house arrest following charges against Tornado Cash
Iowa & Maryland Introduce Bills For Strategic Bitcoin Reserves
More U.S. states file for Bitcoin Reserves as Iowa & Maryland are latest to file
Kanye West Wants To Talk To Coinbase CEO
After news of a potential $YE coin, Kayne looks for advice from Brian Armstrong
USDC Stablecoin Supply Reaches $56 Billion
USDC supply has more than doubled in the last year as it now sits over $56B
Hyperliquid Starts To Consume Perp Trading Market
Hyperliquid has gradually increased market share on perps to now over 50%
Sports Betting Begins To Take Off on Prediction Markets
Recent data shows an exponential rise in latest sports betting on Polymarket
NFTfi Introduces Pre-Sale Lending Liquidity For Upcoming Auction
Lending platform offers $400K loan on Rekif Anadol’s upcoming art piece
Sony’s L2 Blockchain Launches Music NFT Collection
Music NFTs land on Soneium as Coop Records released tracks from NUU$HI
Mints, Claims, Upcoming Events, & More
Story Protocol Releases Tokenomics For Upcoming $IP Token
$IP will have a supply of 1B with an initial unlock of 25% on day one
MegaETH Provide More Details on Upcoming NFT Mint
Fliffle mint takes place on mainnet ETH with guaranteed & FCFS allocations
Solayer Drops Tokenomics For $LAYER on Solana
Solayer prepares for $LAYER launch with an initial circulating supply of 22%
Otherside Launches 3D Models For Koda Holders
Koda NFT holders can now download 3D versions of their Otherside avatars
$BLAST Parody on Berachain Opens Airdrop Checker
Popular trader, CBB, plans token launch on Berachain for $BLAST sellers
Wasabi Holds Final Solana Trading Challenge
Wasabi’s 6-day competition will reward 20 SOL to the best traders on Solana