Spencer Ventures Daily Newsletter Wednesday, April 16th

📰 News & Current Events 📰

• Stocks Dump, Crypto Settles, & Gold Finds New Highs

  Markets react to more tariff news as traders sell stocks to buy gold & crypto

• Base Faces Backlash As Chain Essentially Launches A Memecoin

  Base “coins” latest post on Zora as token shoots to $17M & quickly plummets

• U.S. & China Begin Looking For Other Trade Alliances

  China reduces U.S. oil imports by 90% as U.S. looks to block China trade routes

• Russia Looks To Create Their Own Stablecoin

  The Russian Finance Ministry has revealed new plans for their own stablecoin

• Federal Reserve Chairman Provides New Comments on U.S. Economy

  Powell says the economy is solid but Trump’s tariffs are worse than expected

• Raydium Launches Pump Fun Competitor

  LaunchLab is live as Raydium introduces new token launchpad on Solana

• First Solana ETFs Go Live in Canada

  Several Canadian providers have officially launched the first spot $SOL ETFs

• DWF Expands Operations To U.S. & Buys $25M $WLFI

  DWF shows supports for Trump’s DeFi project & reveals a new office in NY

• U.S. Collects $21B in Tariff Revenue Since Trump’s Inauguration

  The U.S. starts to see more money coming in after Trump’s tariffs bring in $21B

• China Begins To Sells Seized Bitcoin

  China’s government has now reportedly sold 15,000 Bitcoin worth $1.25B

• BNB Completes 31st Quarterly Token Burn

  BNB burns 1.58M $BNB (~$900M) as they continue their quarterly token burns

• Movement Labs Founder Clarifies Reports & Remains With Company

  Rushi Manche says he hasn’t left company & simply missed a company onsite

• Former Doodles Team Suspiciously Raffles Off Presale Funds

  Project 02 goes south as token crashes & suspicious X account gets 222 ETH

• OpenSea Allows Users To Mint NFTs in Several Native Currencies

  Traders can now buy NFTs on OS2 with tokens like ETH, AVAX, APE, & more

• Mantra Releases Post Mortem As CEO Plans To Burn Personal Tokens

  Mantra CEO will now burn his tokens in hopes to save $OM after dropping 90%

• Bitcoin Dominance Reaches Four-Year High

  BTC dominance hits 64% as it continues to outperform the rest of the market

• Devs From Popular Memecoins Begin Shifting Money Around

  $TRUMP dev removes $4.6M USDC in liquidity as $ZEREBRO dev sells holdings

• Mocaverse Launches $MOCA on Base

  $MOCA goes multi-chain as token can now be traded on Ethereum and Base

• Jerome Powell Makes Statements on Crypto Legislation

  Fed Chair predicts lighter crypto banking rules & calls for stablecoin framework

• OKX Brings Crypto Exchange Services To The U.S.

  More crypto companies are coming to the U.S. as OKX announces expansion

• Futureverse Gains Access To Popular IP With New Acquisition

  AI & metaverse firm buys Candy Digital with IP from DC Comics, MLB, & Netflix

• New Crypto Platform Allows Tips To Be Sent Via X Accounts

  Echo reveals new tipping feature allowing users to send crypto to any X account

• Total Stablecoin Market Cap Surpasses Ethereum

  Stablecoins now become the 2nd most valuable crypto asset behind Bitcoin

‼️ Rewards,Tokens,& Events ‼️

• Arbitrum Teases Community With “Big Day Tomorrow”

  Speculation ensues after Ethereum Layer 2 chain says tomorrow will be big

• Wormhole Announces Rewards For $W Staking

  Wormhole Period 1 staking rewards are now out as users have 90 days to claim

• Creepz Previews $DMT As Casino-Like Playground Launches Tomorrow

  NFT project Creepz prepares for two major launches with $DMT & Playground

• Magic Eden Season 2 Arrives Tomorrow

  Leading NFT marketplace reminds users that ME S2 is set to go live tomorrow

• Polyverse Airdrops $PCT Tokens To NFT Holders

  A $50 NFT earned airdrops worth $2K+ as Polyverse rewards longtime holders

• Treeverse Season One To Launch April 19th With 30 Days of Rewards

  Treeverse announces long-awaited launch of MMORPG with 30 days of rewards

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