Spencer Ventures Daily Newsletter - Tuesday, November 12th

Daily Market Movers

News & Current Events

• Bitcoin Breaks $90,000 For First Time In History

  Bitcoin maintains recent strength as price continues path towards $100K

• McDonalds Reveals Partnership With Doodles

  McDonalds ventures into Web3 with upcoming Doodles collab November 18th

• Ethereum ETFs Record Highest Net Inflow Day Since Inception

  ETH ETFs saw $295M of inflows Monday with $100M+ by Fidelity & BlackRock

• NFT Trading Volume Picks Up As Attention Begins To Flow Back

  NFT volume across chains has picked up as Doodles & ETH NFTs lead the way

• Coinbase Passes Facebook & Google Maps For 20th In IOS App Store

  Coinbase is back in the top 20 IOS apps as crypto market continues to heat up

• Founders Of FanDuel Raise $6M For Crypto Casino & Sportsbook

  BetHog launches on Solana as FanDuel founders bring experience to crpyto

• Italy Will Now Cap Taxes On Crypto At 28%

  Italy’s cap on crypto taxes has been reduced from 42% to now 28%

• Coinbase Introduces COIN50 Index On Digital Assets

  Coinbase partners with MarketVector for COIN50 index on top 50 digital assets

• More Memecoins Receive Top Exchange Listings

  Leverage trading $FWOG comes to ByBit as Binance.US lists $BONK

• CryptoPunks Sees Largest Day Of New Buyers In Two Years

  The holder count of Punks has been up only since spring as it now nears 3,780

• Genius Group ($GNS) Looks To Buy $120M Bitcoin 

  The publicly traded company looks to now make $BTC their main treasury asset

• Claynosaurz Release Early GamePlay For Consoles

  Claynosaurz partner with Gameloft to show off gameplay using Unreal Engine

• Robinhood CEO Says Crypto Companies Cost Way Less To Operate

  Vlad Tenev says crypto’s ability to exchange assets makes it more cost-effective

• Bitcoin $PUPS Record Largest Onchain Runes Loan 

  User loans 1.5 BTC against 888,000 $PUPS to utilize Bitcoin credit market

Mints, Claims, Action Items, & More

• ApeCoin Staking Moves To ApeChain With Automatic Yield

  $APE holders can bridge to ApeChain & receive staking rewards every block

• OpenSea Teasing Retroactive Rewards For Upcoming Points Campaign

  OpenSea beta users find new XP section teasing retroactive trading rewards

• ENS Announces New Layer 2 Called Namechain

  Namechain will be a purpose-built Layer 2 chain as the next evolution of ENS

• Tensor Teases SocialFi Trading App Called Vector Dot Fun

  Vector prepares for launch as a new trading platform fills up whitelist

• Looter To Launch As First Trading Bot On Abstract

  Users can now earn rewards through exclusive quests & memecoin trading

• Moonsheep To Be First 404 Hybrid Token On Abstract

  $SHEEP will launch on Abstract allowing holders to turn tokens into NFTs