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Spencer Ventures Daily Newsletter March 1st, 2nd, & 3rd🇺🇸🪙
Nick
March 03, 2025
Daily Market Movers
Stock Market | Crypto Majors | NFTs | Memes (MC) |
|---|---|---|---|
S&P 500: 5,850 (-1.76%) | BTC: $86,000 (-8.56%) | BAYC: 13.75ETH (-0.72%) | TRUMP: $2.57B (-23.77%) |
GOLD: $2,890 (-0.02%) | ETH: $2,150 (-14.73%) | PUDGY: 9.70ETH (-3.95%) | PENGU: $446M (-23.24%) |
DXY: 106.56 (-0.94%) | SOL: $142.00 (-20.33%) | Doodles: 3.19ETH (-6.24%) | AI16Z: $355M (-27.30%) |
News & Current Events
Markets Experience Heavy Swings Amid News of U.S. Crypto Reserve
Bitcoin falls to $78K, jumps to $95K, & retraces to $86K, all since Friday
Donald Trump Reveals U.S. Crypto Reserve
The U.S. Strategic Reserve is set to include BTC, ETH, SOL, XRP, & ADA
Stocks Tumble As Forecasts On U.S. GDP Get Worse
U.S. GDP is expected to decline 2.8% in Q1 as economy shows weakening
White House To Host First Ever Crypto Summit This Friday
The summit will be hosted by Crypto Czar David Sacks on Friday, March 7th
SEC Drops Cases Against Yuga Labs & Kraken Exchange
The space sees major wins as the SEC continues to drop cases/investigations
Bitcoin ETFs See Largest Net Inflows In Weeks
BTC ETFs recorded $94.3M in net flows yesterday after 8 days of outflows
Bitwise Files For Spot $DOGE ETF
A $DOGE ETF has now been filed by Bitwise to allow trading on the NYSE
Trump Reiterates Tariffs Coming To China, Canada, & Mexico
The global trade war continues as 20-25% tariffs will seemingly begin tomorrow
MetaMask Confirms No Token After Recent Pre-Market Listing
Rumors of a $MASK token get shut down after pre-market prices hit $4.5B FDV
Ape CryptoPunk Sells For $2.2M
NFTs are still catching bids as a rare punk gets bought for 1,011 ETH ($2.18M)
Crypto Whale Leverage Longs ~$200M Worth of Bitcoin & Ethereum
A wallet on Hyperliquid makes millions after going 50x long on $BTC & $ETH
Arizona Senate Passes Three Bitcoins Bills
Bills regarding a SBR & integrating crypto payments now move to the House
Ripple Flips Ethereum in Fully Diluted Valuation
XRP briefly passed ETH in FDV to become the second largest chain by metric
Saylor & Strategy Take A Break From Bitcoin Buys
Strategy announces no recent buys as holdings remain at 499,096 Bitcoin
Kayne Asks For Help on Memecoin Launch
Kayne is now calling upon Ansem to help him release his coin “the right way”
Soccer Star Ronaldhino Drops Memecoin on BNB
$STAR10 is the latest celebrity memecoin as token reaches peak of $32M MC
Dana White & ‘Power Slap’ Partner With VeChain
The company has announced a new sponsorship with the blockchain VeChain
Mints, Claims, Upcoming Events, & More
MegaETH Testnet Planning To Launch This Week
Testnet deployment is set for March 6th with user onboarding on March 10th
Pudgy Penguins CEO Teases JPEG Reserve
Luca Netz says he’s working on something regarding a strategic jpeg reserve
HENLO Opens Claims As Token Launches on Berachain
Eligible wallets can now claim their allocation as $HENLO is live on Berachain
Pudgy Penguins Recap Latest Happenings Within Ecosystem
Events include, a new licensing opportunity, WL for projects, & community news
Hypers Reveal & Announce Partnership With Drip.Trade
Hypers reveal is live as collection will be powered by Dripe.Trade & $JPEG
Onchain Heroes Open The Dungeons
Crypto gaming project on Abstract reveals latest update with The Dungeons
WolvesDAO Release Airdrop Checker For AVAX Token
Users can now check if they’re eligible for the $WOOF airdrop coming to AVAX
$BLUB Presale Results To Be Sent Out March 4th
Presale on AVAX says $BLUB will be sent from 1:00-3:00pm EST on March 4th