- The Daily Flight🦉
- Posts
- Spencer Ventures Daily Newsletter Thursday, April 3rd
Spencer Ventures Daily Newsletter Thursday, April 3rd
Nick
April 03, 2025
📈 Daily Market Movers 📉
TradFi 💸 | Crypto Majors 🪙 | NFTs 🐧 | Memes 😹 |
|---|---|---|---|
S&P 500: 5,396 (-4.84%) | BTC: $82,800 (-0.47%) | BAYC: 15.18ETH (-1.11%) | PEPE: $2.80B (-5.53%) |
GOLD: $3,117 (-1.46%) | ETH: $1,810 (-0.10%) | PUDGY: 9.70ETH (-2.81%) | Fartcoin: $400M (-5.41%) |
DXY: 101.94 (-1.69%) | SOL: $116.80 (-3.18%) | Doodles: 2.88ETH (-4.79%) | AI16Z: $173M (-8.70%) |
📰 News & Current Events 📰
Bitcoin Holds $82K As Stocks Experience Major Loses
BTC remains over $80K while the S&P falls 5%, causing wide-spread panic
U.S. Dollar Falls As Stock Market Sees Worst Day in Four Years
U.S. markets are bleeding as Trump’s tariffs cause stocks to lose ~$3T in value
SEC Acknowledges Fidelity’s Solana ETF
Fidelity’s SOL ETF gets noticed by the SEC as Solana looks for first ETF
Trump Says “The Operation Is Over” & “Markets Will Boom”
U.S. president makes new comments after issuing major global tariffs
$200M $SOL To Be Unlocked Tomorrow
April 4th is set to be the largest daily unlock of staked SOL until 2028
Recession Odds Hit All-Time High on Polymarket
Traders on the popular prediction market now have U.S. recession odds at 50%
Coinbase Files For $XRP Futures With The CFTC
XRP Futures are expected to come in late April thanks to Coinbase’s new filing
JPMorgan Worries About Bitcoin’s Digital Gold Narrative
JPMorgan says “digital gold” narrative is threaten by Gold’s recent price action
Markets Forecast 50% Chance of Four Rate Cuts in 2025
More rate cuts are seemingly on their way as 2025 may see up to four
Cardano Launches New Digital Identity Platform
Veridian will feature quantum resistance and will also be globally interoperable
Ethereum Postpones Pectra Upgrade
The Pectra upgrade for Ethereum will now be delayed until May 7th
Trump’s SEC Chair Nominee Moves Forward In Senate Voting
Paul Atkins gets closer to SEC Chair as a full Senate vote will now take place
Watr Protocol Brings $20T Commodities Market To Avalanche
Watr migrates to new L1 to bring onchain commodities market to Avalanche
Abstract Ecosystem Sees Big Gains Despite Current Market
NFTs and memecoins on Abstract are heating up as several see big gains
DEX Aggregator Matcha Expands Operations To Solana
Matcha goes cross chain to Solana and plans to protect users from rug pulls
Brazil’s Largest Bank Looks To Launch Their Own Stablecoin
Stablecoins are growing as more countries & institutions begin to take notice
‼️ Airdrops, Events, & More ‼️
Sugartown To Mint New Collection on Abstract
CORES on Abstract will allow holders to gain an edge in Sugartown
Wayfinder Announces New Badges For PRIME Cachers
Two new badges are available rewarding Avatars & community builders
Bitcoin Protocol Babylon Plans For Upcoming Airdrop
$BABY will launch soon as Bitcoin staking protocol prepares for TGE
Definitive Launches $EDGE With Claims Now Live
16% of total supply is airdropped as $EDGE currently trades at $100M FDV