Spencer Ventures Daily Newsletter Tuesday, April 8th

📰 News & Current Events 📰

• Markets Erase Recent Gains & Continue Lower

  Bitcoin falls under $77K today while S&P see worst intraday reversal in history

• U.S. Imposes Additional 104% Tariffs on China

  Additional tariffs go into effect at midnight EST as China refuses to back down

• Ripple Acquires Hidden Road For $1.25B

  Ripple marks one of the largest crypto deals ever & buys global credit network

• U.S. DOJ No Longer Pursuing Large Set of Crypto Cases

  DOJ will no longer go after exchanges, mixers, & wallets for actions of users

• White House No Longer Wants Dollar As Global Reserve Currency

  In a statement, the WH says the reserve function of the dollar is hurting trade

• Stocks Extend Loses As Market Crash Worsens

  The current losses now add up to the 11th-worst uninterrupted fall since 1940

• Solana Introduces Confidential Balances & Transfers

  Solana now offers enhanced privacy using ZK proofs & EIGamal encryption

• Top CryptoPunks Holder Charged With Tax Evasion

  A top Punk holders now faces legal trouble after not reporting $12M of income

• Berachain Experiences Major Retrace Following Initial Strength

  $BERA has dropped 50% over the last week as token falls another 18% today

• Countries Begins To Respond To U.S. Tariffs

  Italy & South Korea look for deals as Canada sets 25% tariffs on U.S. cars

• Mastercard Parters With Kraken To Expand Crypto Payments

  People in the UK & Europe can soon use crypto at over 150 million merchants

• CBOE Files To List & Trade Canary $SUI ETF

  Another SUI ETF has hit the SEC’s desk as Canary hopes to land first approval

• Strategy Approaches Average Bitcoin Buying Price

  Worries start to grow as Bitcoin drops closer to Strategy’s $67,458 average

• Pump Fun Sells Another $9.3M Solana

  Solana faces more sell pressure as Pump Fun has sold a total of $543M SOL

• Binance Integrates Apply Pay & Google Pay

  Binance partners with Worldpay for crypto purchases using Apple & Google Pay

• Lawyer Sues Homeland Security With Hopes To Uncover Bitcoin Creator

  A crypto lawyer now hopes to identify Satoshi Nakamoto using the legal system

• Tariffs Continues To Add Friction To Global Goods

  Apple avoids U.S. tariffs as they load 5 airplanes full of iPhones to import goods

• Memecoins See Life With Latest Runners on Solana

  $RFC & $REMUS spark excitement as Solana memecoins get a sign of revival

‼️ Airdrops, Events, & More ‼️

• World Liberty Financial Proposes USD1 Airdrop To Presale Participants

  WLFI will look to test out airdrop functionality with USD1 to $WLFI holders

• Bitcoin-Like Project $BIG Gets Created on Abstract

  Facilities & miners are used to reward users in $BIG with Bitcoin-like tokenomics

• YEET Casino Inches Closer To Launch With More Waitlist Additions

  YEET launches soon as more users get picked to test out the crypto casino

• Aerodrome Introduces Flight School Program To Reward Users

  Flight School will airdrop veAERO (locked $AERO) to users with 2,500 veAERO

• Binance Concludes First Community Vote To Delist Tokens

  14 Binance-listed tokens are now set to be taken down starting April 16th

• Redacted Recaps Eligible Communities For Upcoming Airdrop

  The Plague, Maxis.gg, Revolving Games, 0N1, & Saints of LA will all earn $RDAC

• Wallet Connect Lands OKX Listing Ahead of Enabled Trading

  $WCT will soon become tradable as token secures exchange listing with OKX

• Creepz Preview PLAYGROUND Coming April 7th

  Creepz NFT project gives date for playground launch with casino-themed hints

• Goblintown’s Really Hard Driving Game Launches Soon

  Endless runner game from Goblintown can now be added to Stream wishlists

• Magic Eden Holds Twitter Space For “Secret Big Announcement”

  Magic Eden will host a space tomorrow at 3:00pm EST for their latest update

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