Spencer Ventures Daily Newsletter Thursday, May 22nd

• Bitcoin Hits New Highs As Stocks Fight To Hold Uptrend

  Crypto sees green across the board led by Bitcoin smashing through $110K

• U.S. Government To End Production of Pennies

  The U.S. will look to save money by stopping creation of new pennies by 2026

• Stocks Dip As Investors Worry Over Rising Bond Yields

  Stocks fall slightly as rising bond yields bring more concerns over inflation

• Trump Gains Ability To Fire Independent Government Leaders

  Supreme Court grants Trump’s firing request but excludes the Federal Reserve

• Active U.S. Home Listings Reach 5-Year High

  Over the last year, the number of homes for sale in the U.S. rose 17% to 1.9M

• U.S. House Passes Trump’s Tax & Spending Bill

  Trump’s latest bill passes & adds $3.8T to national debt with more tax breaks

• Trump Blocks Harvard From Accepting International Students

  Trump tries to punishes Harvard for recent opposition as judge blocks decision

• Global Currencies Continue To Decline Against Gold

  Currencies like the dollar & British Pound have lost ~99% of value since 1971

• New Data Shows Increasing Worries On Financial Situations

  Recent survey shows U.S. consumers are losing hope over future finances

• U.K. Debt Auction Has Issues Following Bloomerg Terminal Going Down

  Bloomberg terminal experiences outage & delays U.K. government debt auction

• Sui’s Main Liquidity Provider Gets Hacked For $223M

  Sui ecosystem crashes after major hack, causing chain to block transactions

• CFTC Says Perpetual Futures May Be Coming Soon To The U.S.

  CFTC Commissioner shares comments with hopes for futures trading in the U.S.

• Michael Saylor & Strategy Look To Raise Another $2.1B

  Strategy is raising over $2B in additional capital to fund more Bitcoin purchases

• FIFA Partners With AVAX To Launch Native Blockchain

  FIFA plans for L1 on AVAX to grow digital assets on collecting, tickets, & more

• Kraken Exchange To Offer Tokenized Stock Trading

  Kraken partners with BackedFi and introduces xStocks for onchain equities

• Bitcoin Pizza Day Remembers Historic Sale of 10,000 $BTC

  15 years ago, a man spent 10,000 Bitcoin for 2 pizzas, a sale now worth $1.1B

• Bitcoin ETFs Records $1.5B of Inflows Over Last 3 Days

  Bitcoin sees major ETF inflows as new highs lead to another +$600M day

• VolatilityShares To Launch First XRP Futures ETF

  $XRPI will go live for trading tomorrow as the first regulated XRP Futures ETF

• Worldcoin Sees $135M Purchase From Large Investors

  Sam Altman & $WLD receive major investment from token sale to a16z & Bain

• House Representatives Reveal Anti-Trump Bill Ahead of $TRUMP Dinner

  Maxine Waters presents “Stop TRUMP in Crypto Act” to prevent personal gains

• Wormhole Integrates $DOGE As Tradable Asset on Solana

  $DOGE is now live on Solana thanks to Wormhole’s new multichain integration

• Hyperliquid Outperforms As DEX Continues To Grow

  $HYPE hit $33B FDV as chain sees new highs in open interest, fees, & more

• OKX Launches Bitcoin Product on Solana, Sui, & Aptos

  xBTC will provide Bitcoin exposure on several chains using 1:1 backed tokens

• Guatemala’s Largest Bank Uses Blockchain For Cross-Border Payments

  Banco Industrial partners with SukuPay to use USDC for cross-border payments

• Pakistan Creates Digital Assets Authority

  Pakistan looks to unlock $25B market with committee to oversee digital assets

• Crypto.com Secures License To Offer Regulated Derivative in The EU

  Crypto.com grows financial offerings with latest EU license on derivatives

• VanEck Plans For Launch of PurposeBuilt Fund

  VanEck ventures into AVAX ecosystem with new fund backing Web3 projects

• Pudgy CEO Says Biggest Movement Is Yet To Come

  Luca talks at Solana Accelerate & says Pudgy’s biggest moment arrives in 2025

• EURØP Receives License To Become First Euro Stablecoin on XRP

  XRP continues global expansion with first MiCA-compiant Euro stablecoin

• BUILDon Surges After World Liberty Financial Buys Token

  WLFI buys $25K worth of $B, causing token to quickly jump over $300M MC

• Brazil Ventures Into Stablecoins With New USD-Pegged $USDB

  Braza Group announces launch of new $USDB stablecoin backed by bonds

• Popular Crypto Traders Revealed As Splat Founder

  The AI trading companion jumped to $15M after news of EB7 being the founder

• Kraken Announces Plans To Integrate Bitcoin Runes Trading

  Kraken is now in the process of building a Runes integration to support listings

• New Token Launchpad Gains Traction With Fair Launch Mechanics

  Gavel takes over the timeline as new launchpad offers anti-sniping protection

• Abstract Previews Real Time Transactions

  Abstract shares new video showing real time speed of in-game transactions

• H100 Group Becomes Sweden’s First Public Company To Buy Bitcoin

  The Swedish company recently bought 4.39 BTC to start their Bitcoin Treasury

• Taiwan Proposes 0.1% of GDP Towards Strategic Bitcoin Reserve

  Taiwan lawmaker looks to add Bitcoin Reserve using 0.1% of GDP ($780M)

• Jupiter Previews New Lending Product

  Jupiter Lend arrives this summer as a new way to borrow money on Solana

• Germany Misses $2.8B in Profits From Early Bitcoin Sales

  German government sold 50,000 BTC at $54K, costing them $2.8B in profits

• Donald Trump Hosts $TRUMP Memecoin Dinner

  The top 220 $TRUMP holders visit Washington & join the president for dinner

• Claynosaurz Share Official Launch Date For Popkins NFTs

  Popkins will go live on May 29th as users have chance to win NFTs & more

• VeeFriends TCG To Hold Regional Qualifier in NYC

  Registration is open for VeeFriends TCG with NYC tournament on June 23rd

• Binance To List World Liberty Financial’s $USD1 Stablecoin

  Trading goes live for $USD1 on Binance as withdrawals will open on May 23rd

• PENGU Now Available For Trading on Uphold

  Pudgy Penguins add more ways to buy $PENGU with new listing on Uphold

• MEW & MOODENG Land Robinhood Listings

  Robinhood adds more memecoins listings as most users still await Fartcoin

• Farcaster Expands Support To Solana

  Social app on Base goes multichain & promotes potential for upcoming rewards

• Doodles Prepare For DreamNet on Solana With $50K Hackathon

  Doodles hold hackaton ahead of launch for community-driven AI story world

• Abstract Kicks Off Red Bull Racing Experience Tomorrow

  Abstract begins new collecting experience with first of many drop tomorrow

• Yeet Opens New Chairman’s Cup Amid Race To $100M Volume

  $15K Cup is live as Yeet also offers $10K to whoever wagers the $100Mth dollar

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