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- Spencer Ventures Daily Newsletter Tuesday, May 6th
Spencer Ventures Daily Newsletter Tuesday, May 6th

📈 Daily Market Movers 📉
Finance 💸 | Crypto Majors 🪙 | NFTs 🐧 | Memes 😹 |
---|---|---|---|
S&P 500: 5,607 (-0.77%) | BTC: $96,300 (+1.30%) | PUDGY: 11.58ETH (-1.03%) | Fartcoin: $1.06B (-6.12%) |
GOLD: $3,386 (+1.51%) | ETH: $1,810 (-0.89%) | Doodles: 3.46ETH (-2.48%) | MOG: $251M (+8.55%) |
DXY: 99.40 (-0.38%) | SOL: $146.20 (-0.79%) | KAITO: 2.44ETH (+23.86%) | REKT: $36M (+19.19%) |
📰 Macro Headlines 📰
Markets Rebound Following Progress With U.S. Trade Deals
Markets see huge reversal after close as U.S. & China begin trade negotiations
Global Tensions Rise As India Launches Attack on Pakistan
Pakistan says they now plan to retaliate after India launches new missile attack
Trump To Unveil “Earth Shattering” Announcement
Trump says a non-trade announcement that supports the U.S. is coming soon
Gold Continues Strong Reversal Towards All-Time Highs
Gold jumps nearly $200 on the day as prices head back to ATHs near $3,500
Trump Claims India Agreed To Remove All U.S. Tariffs
Trump says India has now agreed to drop all of their tariffs on U.S. goods
U.S. Nears New Trade Deals With Several Major Players
Canada visits the White house as U.S. expects deals with Saudi Arabia & U.K.
₿ Crypto Current Events ₿
New Hampshire Passes First U.S. State Bitcoin Reserve
New Hampshire can now allocate up to 5% of treasury funds to buy Bitcoin
Memecoin Developer Fakes Public Suicide
Founder of Zerebro is under fire after faking his death & launching a new coin
SOL Strategies Announces $20M Purchase of Solana
More companies pile into Solana as SOL Strategies buys another 122,524 $SOL
Crypto Legislation Faces Roadblock Due To Trump’s Personal Ventures
Democrats look to delay major stablecoin bill due personal gains around Trump
Bitwise Files For Spot NEAR ETF
More crypto ETFs hit the SEC as Bitwise looks for approval on spot NEAR ETF
Strike Launches Bitcoin-Backed Lending
Jack Mallers & Strike introduce Strike Lending with Bitcoin-backed loans
Coinbase Becomes Exclusive Partner For Top E-Sports Games
Coinbase is now the official crypto exchange of League of Legends & Valorant
Standard Chartered Give $BNB Prediction Following VanEck ETF Filing
VanEck files for spot ETF as major global bank predicts $BNB to $2,775 by 2028
Coinbase Introduces New Token Standard For Internet Payments
x402 will look to bring online payments onchain with seemless user integrations
Bitcoin ETFs Continue To See Strong Inflows
BTC ETFs recorded $425M in net inflows yesterday for 3rd straight $400M+ day
U.K. Denies Potential National Bitcoin Reserve
The U.K chooses to not follow the U.S. & will no longer pursue a Bitcoin Reserve
Binance Founder Says Bitcoin Could Reach $1M This Cycle
CZ shares thoughts during new interview & predicts Bitcoin to hit $500K-$1M
European Central Bank to partner with private sector for digital euro launch
Bitcoin Outperforms S&P 500 & Gold During April
Bitcoin holds strong throughout April as it outpaces gains against stocks & gold
Fomo Protocol Introduces Social Trading on Solana
Users can now follow friends and keep up on trades with Fomo on Solana
Blast Returns To Spotlight As Users Point Out Lack of Communication
Blast L2 and it’s founder have both gone quiet with no posts since April 3rd
‼️ Rewards, Tokens, & Events ‼️
Doodles Open Wallet Checker For $DOOD
Doodle holders & ecosystem collectors can now register for the $DOOD airdrop
Federal Reserve Prepares For FOMC Tomorrow
The U.S. Fed will meet tomorrow at 2:00pm EST for decision on interest rates
Solana Name Service Announces $SNS Launch
40% of $SNS supply will go to early & new users of Solana’s Name Service
Ai-Mi Allocates 15% of $AIMI Supply For Active Users
New AI launchpad on Abstract reveals upcoming chance to earn $AIMI tokens
Ethereum Prepares For Network Upgrade Tomorrow
Ethereum’s Pectra update takes place tomorrow as key features get shared
Berachain Opens Boyco Claims For Users
Berachain vault depositors can now claim their Boyco $BERA rewards
Sophon Introduces Unified Rewards System
Sophon blockchain teases new reward system to capture all online behavior
OpenSea Employee Highlights Ongoing Free Mint
CMO of OpenSea suggests users mint the free MapleStory NFT now on OS2
New Week of Abstract XP Rewards Are Now Out
Abstract users can check their latest rewards with another week of XP