Spencer Ventures Daily Newsletter - Friday, October 18th

Daily Market Movers

News & Current Events

• Bitcoin Breaks Through $68,000 As “Uptober” Continues

  Crypto majors are all up 1-2% with bitcoin returning to last cycle’s highs

• SEC Approves NYSE & CBOE Options Trading On Bitcoin

  U.S. traders will now have the option to trade BTC futures on several exchanges

• Spot Gold Prices Reach New All-Time High Above $2,700

  Gold continues to rise to new highs as risk on assets see more recent action

• The McDonald’s McRib Is Back & People Now Expect Bitcoin To Double

  The last two times McDonalds brought back their McRib, BTC went on to 2x

• BlackRock Looks To Use BUIDL Token As Futures Collateral

  BlackRock is now in talks with exchanges to use BUIDL as collateral for futures

• Abstract Introduces Panoramic Governance To Align Ecosystem

  PG will align active participants & builders via gas fees & sequencer rewards

• Putin Says BRICS Plans To Use Crypto For Their Investments

  The intergovernmental organization will now invest using digital currencies

• Largest Bank In Singapore Enables Blockchain-Based Banking

  DBS has launched new token services to allow for banking on the blockchain

• Bitcoin ETFs See Another Daily Inflow of Nearly Half A Billion Dollars

  ETFs recorded net inflows of $470M yesterday, making $2.1B over last 5 days

• AI Bot Funded By Marc Andressen Becomes Millionaire Off Memecoins

  Truth Terminal now holds almost $900K in $GOAT & a mix of other memecoins

• FOMO Hour Gives Away A CryptoPunk Live During Show

  A live listener of FOMO Hour just won a free CryptoPunk valued at $75,000

• More Disparity Arises As Trump’s Polymarket Lead Reaches 24%

  Trump’s lead on Polymarket reaches 24% as PredictIt has Trump leading by 8%

Mints, Claims, Action Items, & More

• Yuga Kicks Off ApeFest 2024 With Merch Sale Now Live

  ApeFest Lisbon is underway as holders come together for yearly celebration

• Doodles Announce “Bone Box” & Terror Trunk” Mints

  Each mint (.0039 or .06 ETH) will include digital wearables & potential physicals

• Magic Eden Says $ME Token Claims Will Have Something Big

  Multi-chain marketplace teases upcoming claims for their $ME token

• Jupiter Opens Checker For Active Staking Rewards With Claims Monday

  50M $JUP & 7.5M $CLOUD will go to active voters that participated last period

• The Arena Invites All Friendtech Users To Claim In-App Badge

  FT users can go into the Arena App and claim a special Gladiator Friends Badge