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- Spencer Ventures Daily Newsletter - Tuesday, August 13th
Spencer Ventures Daily Newsletter - Tuesday, August 13th

Daily Market Movers
Stock Market | Crypto Majors | Top NFTs | Memes (Market Cap) |
---|---|---|---|
S&P: 5,435 (+1.69%) | BTC: $60,500 (+3.16%) | BAYC: 9.90 ETH (+0.09%) | MOG: $500M (+5.06%) |
VIX: 18.12 (-12.51%) | ETH: $2,700 (+0.90%) | Pudgy: 8.73 ETH (+3.95%) | NEIRO: $236M (+11.11%) |
DXY: 102.64 (-0.48%) | SOL: $146.05 (+2.36%) | Azuki: 4.04 ETH (+2.26%) | TRUMP: $140M (-7.30%) |
News & Current Events
July Inflation Numbers Come In Slightly Under Expectations
Many expect September rate cuts as July PPI inflation comes in at 2.2%
Kamala Harris Chooses Several Anti-Crypto Advisors
Harris brings on two advisors from Biden admin known for anti-crypto stance
Bitgo Seemingly Prepares For $2B Of Mt. Gox Repayments
Bitgo wallet sends $2B worth of BTC to new wallet after receiving from Mt. Gox
Grayscale Ethereum ETF Sees First Day Without Net Outflows
ETH ETFs had another day of positive inflows led by 0 outflows from Grayscale
Pump Fun Faces Backlash Over Token Saturation Problems
21,000 memecoins get launched in 24-hours & only 20 hit $250K market caps
Justin Sun Reveals Memecoin Launchpad On Tron Blockchain
Sun Pump gets introduced as “the first meme fair launch platform on Tron”
Venture Capitalist, DRW, Holds $150M Worth Of Ethereum ETFs
Institutions continue to buy up crypto ETFs as DRW discloses ETH holdings
PayPal Issues More Stablecoins On Solana Than Ethereum
PYUSDY issuance on SOL has now surpassed ETH at almost $400M
MarginFi Introduces Ability To Long And Short Memecoins
Users can now long or short memecoins on Solana through The Arena
Data Shows Over $500M Has Been Extracted From Solana Memecoins
Trading bots, pumpfun, & MEV have now raked in $500M+ of value from users
Active Wallets Trading NFTs Hit Yearly Low Of 60,000
Active NFT wallets fall to 60K after hitting 157K in early January 2024
Mints, Claims, Upcoming Events, & More
More Inflation Data Coming In Tomorrow
US Consumer Price Index (CPI) data is set to be reported tomorrow
Pudgy Penguins Hosting Coinfest Event In Asia
Pudgy will be in Bali on August 22nd to 24th attending Coinfest Asia
Orange Cap Games Teases Exciting Times Ahead
OCG prepares for Token2049 in Singapore with more news on the way
Sugartown Reveals New World Coming Soon
Sugartown sends cryptic tweet with countdown to “a whole new world”
Gutter Cats Potentially Preparing For Token Launch
Many are expecting $GANG soon as team sends new tweet that says “Loading”