Spencer Ventures Daily Newsletter Tuesday, January 7th

Daily Market Movers

Check out our new $PENGU Claims Tracker at the bottom of the page!

News & Current Events

• Crypto Markets Face Liquidations As Prices Quickly Drop

  Over $500m in liquidations hit crypto markets as Bitcoin falls back under $100k

• Mad Lads Soar As Backpack Exchange Acquires FTX EU & License

  Backpack looks to bring perpetuals to Europe with new acquisition of FTX EU

• Forbes Releases New Article on AIXBT

  Ai agents in crypto make waves in mainstream media with recent AIXBT feature

• Solana L2 Launches & Reaches FDV Over $3B

  Sonic SVM goes live as a new gaming-focused L2 launches on Solana

• Ripple Partners With Chainlink To Expand New Stablecoin Adoption

  The new partnership will look to grow access & utility of Ripple’s $RLUSD

• $MLG Goes Crazy After Faze Banks Backs Token

  A new gaming coin has shot to $100M after popular streamer shows support

• Massive NFT Buys Continue To Hit The Timeline

  Sales include hoodie punk for 125 ETH, Elemental for 50, & gold Pudgy for 52

• Doodles & Azuki Tease Community With Cryptic Posts

  Speculation ensues after both Azuki & Doodles send tweet with same caption

• Berchain Pre-Deposits Near $1B

  Using LayerZero tech, Boyco vaults close in on $1B of liquidity for Berachain

• Limit Breaks Introduces Apptokens For Digital Economies

  Apptokens allow game developers to easily design assets for digital economies

• Abstract In Talks With Leading Crypto AI Teams

  Ai will be coming to Abstract as Cygaar continues workings with top teams

• Publicly Listed Company Announces Plans To Invest In Solana

  Sol Strategies will invest $17.5M into Solana through an unsecured credit facility

• Decentralized Exchanges Reach 20% of CEX Volume For First Time Ever

  DEXs are seeing an increase in spot trading volume as ratio to CEXs hits 20%

• Bitcoin ETFs See Back-To-Back Days of $900M+ In Net Inflows

  Bitcoin ETFs finished Friday and Monday with net inflows of more than $900M

• Czech National Bank Considers Adding Bitcoin To Reserve Assets

  More places around the world look to add Bitcoin to national reserves

Mints, Claims, Upcoming Events, & More

• Abstract Reminds Pudgy Holders To Claim Discord Role

  Pudgy Penguins & Lil Pudgy holders can claim a special role in Abstract discord

• Last Call For Kaito Users To Add ETH Addresses

  Under two days remain for users to add their ETH addresses for Yap rewards

• New Licensing Opportunity Available For Pudgy Penguins

  Fairside is looking to license one Pudgy Penguin to turn into a chia pet

$PENGU Claims Tracker