Spencer Ventures Daily Newsletter Wednesday, April 9th

📰 News & Current Events 📰

• Markets See Strong Rebound After Trump Delays Tariffs

  BTC reclaims $83K as $5.5 trillion in value gets added back to U.S. stock market

• Trump Issues 90 Day Tariff Delay on All Countries Except China

  Trump increases China’s tariffs to 125% as all other countries get 90 day pause

• Stocks See Strong Reversal With Best Day in Years

  The S&P records best day since 2008 and marks the 9th best day in its history

• China Imposes 84% U.S. Tariffs & Issues Warnings To Travelers & Banks

  China raises tariffs, warns travelers in U.S., & tells banks to not buy the dollar

• 21Shares Files For Dogecoin ETF

  DOGE may be next to see an ETF get past the SEC as 21Shares files new S-1

• Magic Eden Acquires Slingshot

  NFT marketplace expands into tokens with purchase of popular trading platform

• Infamous Serial Memecoin Scammer Issues Public Apology

  Sahil takes to X and posts 4-minute video apologizing to the crypto community

• $MELANIA Team Moves $30M Tokens & Begins Selling

  The team behind Melania Trump’s memecoin has now started quietly selling

• Binance Introduces New Reward-Bearing Margin Asset

  $LDUSDT will earn real-time APR rewards as users can use it for trading margin

• Ledger Integrates Sui Transfers

  Users can now send and receive SUI directly on Ledger after the latest update

• Donald Trump Responds To Market Worries

  Trump says “be cool”, “now is a great time to buy”, & “pass the tax cut bill now”

• SEC Approves Options Trading on Ethereum ETFs

  BlackRock, Bitwise, & Grayscale all get approval for options trading on ETH ETFs

• U.S. Treasury Secretary Says Crypto Regulation Will Get A Closer Look

  Scott Bessent says blockchain, stablecoins, & payment systems will be reviewed

• White House X Account Makes Several Statements on Trump

  WH tells countries to not retaliate & says “let him cook” in reference to Trump

• World Liberty Financial Begins To Sell ETH At A Loss

  A wallet linked to WLFI sold $8M ETH after buying at average price of $3,259

• U.S. Recession Odds Fall After Tariffs Get Delayed

  Goldman Sachs no longer predicts a recession as odds on Kalshi fall to 55%

• Pakistan Plans To Allocate Surplus Electricity To Bitcoin Mining

  Pakistan to explore Bitcoin mining & AI data centers as use for excess electricity

• Ethereum Falls To Same Price From Seven Years Ago

  ETH momentarily fell to under $1,400, matching the peak price from 2018

• VanEck Says China & Russia Are Using Bitcoin To Settle Deals

  China & Russia are now using Bitcoin to settle energy deals to avoid sanctions

‼️ Airdrops, Events, & More ‼️

• Major U.S. Economic Data Releases This Week

  U.S. will release CPI & jobs data tomorrow as PPI data will be revealed on Friday

• Wayfinder’s $PROMPT To Start Trading April 10th

  PROMPT will go live tomorrow at 9:00am EST as Wayfinder lands OXK listing

• Treeverse Says Season 1 is Coming Soon

  Long awaiting MMORPG says launch date reveal will come within a week

• YEET Nears Launch As They Become New FOMO Hour Sponsor

  YEET replaces Rollbit as FOMO Hour sponsor with launch just around the corner

• Babylong Prepares For TGE With Binance Airdrop & Listing

  BNB holders will get access to $BABY as token gets listed on Binance tomorrow

• Pups & Tonic Add Numerous Crypto Communities To Legacy Role Claims

  Holders from collections on ETH, Abstract, & Solana can all claim discord roles

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