Spencer Ventures Daily Newsletter May 10th, 11th, & 12th

• Markets Surge Off New Global Trade Deals

  U.S. stocks adds $2.2T in value today while crypto looks to hold recent gains

• U.S. & China Reach Trade Agreement

  For 90 days, the U.S. cuts tariffs from 145-30% as China goes from 125-10%

• S&P 500 Heads Into New Bull Market With 20% Jump Off April Lows

  S&P 500 technically hits bull market territory as it rises 1,000 points in a month

• Donald Trump To Cut Prescription Drug Prices By 80%

  Trump’s major announcement includes new executive order to cut drug prices

• Russia & Ukraine To Discuss Ceasefire

  World tensions are possibly cooling as Putin & Zelensky plan to meet in Turkey

• U.S. Recession Odds Reach New Local Low

  Odds of a U.S. recession drop to 38% on Kalshi after seeing a high of 70%

• Gold Continues To Sell Off As Stocks & U.S. Dollar Go Higher

  Investor confidence grows as people look to put their money back in the market

• Republicans Look To Approve New Tax Bill

  Trump’s bill plans to raise debt limits by $4T with tax breaks on tips & overtime

• Trump Slams European Union For Recent Trade Talks

  Trump says the EU is “nastier than China” but notes the U.S. has all the cards

• BlackRock Files To Allow In-Kind Redemptions For Ethereum Trust

  BlackRock’s Ethereum Trust may soon offer redemptions of shares for $ETH

• Coinbase Global To Join S&P 500

  $COIN spikes 5% as Coinbase joins top 500 public companies in the U.S.

• Pump Fun Introduces Revenue Share For Creators

  Top memecoin launchpad gives 50% of PumpSwap revenue to coin creators

• Strategy Adds Another $1.34B Worth of Bitcoin

  Saylor continues to load up on Bitcoin with recent purchase at $99,856 average

• DeGods Founder & CEO Leaves Company

  Frank returns after multi-month break to announce his departure from DeGods

• Nakamoto To Raise $700M For Bitcoin After New Merger

  David Bailey & Nakamoto merge with Kindly MD & raise $700M for Bitcoin

• Rare Art Collection Gets Lost In Developing Hack

  9 Ringers get dumped to bids as owner claims shared wallet was hacked

• Bitcoin Ecosystem Gains Traction With Ordinals & Runes

  Bitcoin assets go green across the board as ordinals & runes finally pump

• SEC Looks To Prioritize Rational Regulatory Crypto Framework

  Paul Atkins & Hester Peirce both highlight need for clarity on crypto regulation

• Crypto Traders Get Liquidated During Recent Price Action

  Over $215M was liquidated in 60 minutes as volatility takes out leverage traders

• Several Memecoins Return From The Dead With Crazy Rebounds

  PNUT, MOODENG, & GOAT all extend gains with tokens climbing 100-600%

• Dogecoin Jumps $7B Over The Weekend

  $DOGE is up 35% this week as coin adds entire market cap of PEPE + Fartcoin

• Splat Takes Over Timeline With AI Trading Companion

  $SPLAT approaches $20M as new AI memecoin gains lots of recent attention

• NYC Mayor Announces Goal To Become Crypto Capital of the World

  Crypto adoption continues to grow as U.S. states look to be at the center of it all

• Amber International Launches $100M Crypto Reserve

  Amber Group subsidiary plans for reserve of BNB, SOL, SUI, XRP, BTC, & ETH

• Paradigm Introduces Multiverse Finance

  Multiverse Finance expands prediction markets to allow use cases for bet capital

• Abstract Becomes Fully EVM Equivalent

  Abstract grows EVM abilities to fully integrate things like OpenSea & Limitbreak

• The BlockChain Group Uses Convertible Bonds To Fund Bitcoin Buys

  The EU company will grow their BTC treasury with $12.1M of convertible bonds

• Coinbase Releases New Bitcoin Commercial

  Coinbase highlights U.S. money printing in new add about Bitcoin’s scarcity

• Sonic Labs Raises $10M From Token Sale To Galaxy

  Galaxy buys $10M of $S as new strategic investment into the EVM blockchain

• Yeet Wraps Up First Month With $70M in Volume

  Yeet Casino shows first month’s stats with 6,600 users & $2.3M in daily volume

• MIRAI Closes Largest AI Pre-Sale Ever

  MIRAI returns 50% of runds after new AI pre-sale raises 76,831 $SOL ($13M)

• Redacted Lands Binance Alpha Listing For $RDAC

  $RDAC goes live tomorrow as Redacted’s highly anticipated TGE is almost here

• Solana Name Service To Launch $SNS Tomorrow

  $SNS goes live on Meteora as .sol domain holders get rewarded with tokens

• Boop Ends Creator Airdrops After Latest Update

  Boop makes changes as unclaimed tokens get moved to new reward system

• Doodles Introduce Social-Fi Game With $DOOD Rewards

  Users can join a team and create content for a chance at over 500K $DOOD

• LOL Land Holds Launch Party For Upcoming Release

  New game on Abstract from YGG gets set for launch with party on May 24th

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