Spencer Ventures Daily Newsletter Thursday, May 8th

• Crypto Surges As Bitcoin Smashes Through $100K

  Crypto prices are green across the board led by ETH outperforming all majors

• U.S. & U.K. Officially Announce Trade Deal

  The first post-tariff trade deal gets made as U.S. tariff revenue increases by $6B

• U.S. Economy Shows Promising Signs Amid New Trade Deals

  Stocks & U.S. dollar index jump as Trump advises people to “buy stocks now”

• China & U.K Both Cut Interest Rates

  Bank of England cuts rates by 25 bps as China also reduces key rates by 10 bps

• U.S. & Russia Near Meeting With Trump & Putin

  Global negotiations continue with U.S. & Russian presidents may soon meet

• Trump Applies More Pressure on Federal Reserve To Cut Rates

  U.S. President claims Fed Chair Powell won’t cut rates due to not loving him

• U.S. Closes In On More Trade Deals

  Treasury Secretary, Bennet will now visit Switzerland & China for negotiations

• OCC Allows Banks To Buy & Sell Crypto

  Regulated banks can now custody crypto with permission to buy & sell assets

• Coinbase Announces $2.9B Acquisition of Deribit

  Coinbase buys leading options platform and marks crypto’s largest acquisition

• GENIUS Stablecoin Act Fails To Pass Senate

  Important bill on stablecoins now sees small chances after failed Senate vote

• Celsius CEO Gets Sentences To 12 Years in Prison

  Alex Mashinsky has been charged with fraud, conspiracy, & market manipulation

• Superstate To Launch Public Equities on Solana

  Opening Bell will be a new platform that offers tokenized SEC-registered shares

• Arizona Becomes 2nd U.S. State To Approve Bitcoin Reserve

  Arizona approves new Strategic Bitcoin Reserve days after vetoing a similar bill

• Trump Exiles Lobbiest Over Push For Alt-Coins in Strategic Reserve

  Unknown to Trump, XRP, SOL, & ADA were pushed by benefitting lobby group

• Bitcoin Passes Amazon As 5th Largest Asset on Earth

  $BTC market cap of $2.05T has now surpassed Amazon & approaches Nvidia

• SEC Considering Exemption To Allow For Tokenized Securities

  Onchain securities gains the attention of the SEC as they consider potential

• Standard Chartered Walks Back on Previous Bitcoin Prediction

  An analyst at the global bank says initial $120K estimate “may be too low”

• Boopdotfun Announce New Updates To Platform Rewards

  Boop updates LP fees for creators and splits airdrop between creators & holders

• CZ Confirms Application For U.S. Pardon

  Binance founder says he applied for a U.S. pardon after recent prison sentence

• Trump’s Crypto Advisor Plans For $300M Bitcoin Treasury

  David Bailey looks to raise $300M to buy Bitcoin with new company, Nakamoto

• Missouri Looks To Eliminate Capital Gains Tax

  Missouri House passes bill to end CG taxes on crypto, stocks, & real estate

• DeFi Dev Corp Brings Solana Holdings To 420,690 $SOL

  The public company bought another 20,473 $SOL to bring holdings over $67M

• SEC Files For Settlement Over $XRP Lawsuit

  Ripple seemingly escapes the SEC after $50M settlement is recently filed

• Julian Holguin Becomes CEO of Rolling Stones

  Former Doodles CEO has just been announced as new CEO of Rolling Stones

• Fidelity Pitches Bitcoin To Corporations

  Fidelity shares why corporations should invest in Bitcoin at a recent conference

• Binance Reveals Latest Proof of Reserves

  Binance shows strong reserves in BNB & stables & less surplus on ETH & SOL

• Coinbase Previews Social Feed For Coinbase Wallet

  Coinbase bring social media onchain with new integration for native wallet

• Speculation Ensues Over Doodles Losing Company Badge on X

  Doodles no longer has a company badge on X as their community wonders why

• ‘Bonk Guy’ Announces Next Leverage Long

  The infamous trader who profited millions off $BONK has now turned to $PNUT

• Doodles Prepare For $DOOD TGE Tomorrow

  Doodles sell out early access in 10 seconds as airdrop begins at 9:05am EST

• Claynosaurz Release More Details Around Popkins Mint on Sui

  Popkins mint will feature 3 packs with different rewards & ways to earn NFTs

• Rekt Drinks Buyers Must Redeem Points By May 10th

  Recent buyers of Rekt Drinks must claim their points by 9:00am EST May 10th

• Virtuals Tease Big Announcement Coming Soon

  AI protocol on Solana & Base reveals “major” news will soon be announced

• Abstract Games Begins Final Day

  The 4th and final game will be live for 24 hours as Abstract wraps up event

• Myraid Teases Upcoming Token For Points System

  Myriad asks community what they think about points while showing floating coin

• CORES By SugarTown Arrive on Abstract May 13th

  Sugartown gets set to release their new NFTs on Abstract for 0.069 ETH

• Cambria Ends Season 2 on Abstract With $1.5M in Rewards

  MMO game, Cambria completes latest season with $ETH rewards on the way

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