Spencer Ventures Daily Newsletter Wednesday, February 12th

Daily Market Movers

News & Current Events

• Crypto Markets Dip & Recover Following U.S. Inflation Data

  Bitcoin fell to $94K this morning before rebounding back to previous $97K level

• Inflation Rises To 3% As CPI Numbers Come In

  CPI shows U.S. inflation rising as markets prepares for PPI report tomorrow

• Trump Chooses a16z Head of Crypto Policy For CFTC Chair

  Brian Quintenz will be Chairman of the CFTC after being nominated by Trump

• Powell Says Fed Won’t Prevent Banks From Serving Crypto Customers

  The Federal Reserve Chair confirms they won’t get in the way of crypto banking

• Franklin Templeton Puts Money Market Fund on Solana

  $1.5T asset manager expands tokenized money market fund to Solana

• Binance Co-Founder Finds Interest in Memecoins

  CZ seems to consider interacting with new memecoins made around his dog

• Meow Enables Businesses To Send & Receive USDC on Solana

  Businesses can now send & receive USDC on Solana from a checking account

• Robinhood Sees 700% Increase in Revenue From Crypto Transactions

  Robinhood released year-end data showing a major increase throughout 2024

• Dave Portnoy Accidentally Dumps Memecoin on Himself

  Barstool founder buys $200K of $JEWSTOOL & instantly sells for $100K loss

• Binance Proof of Reserves Show Decrease in Corporate Crypto Holdings

  Binance’s asset surplus (non-customer funds) declined $8B since last month

• Phantom Wallet Experiences Temporary Service Outage

  The popular crypto wallet is back online after services briefly went down

• NYSE To Launch Exchange in Texas

  A fully electronic equities exchange will now be headquartered in Dallas, Texas

• Pudgy Penguins Teases Blind Boxes Coming Soon

  Pudgy shows off their new collectibles with blind box figures released soon

• VanEck Head of Digital Assets Gives Prediction on State Bitcoin Reserves

  Matthew Sigel says state-level Bitcoin reserves could bring $23B worth of buys

• More Solana Protocols Surpass Ethereum in Daily Revenue

  Four telegram trading bots on SOL earned more daily revenue than Ethereum

• Official Azuki TCG Account Appears

  An Azuki trading card game is now set to be released sometime in 2025

• Crypto.com Receives Approval For Crypto Services in Europe

  Crypto.com can now offer services to all European Economic Area members

• Sam Spratt 1/1 Digital Art Sells For $3,000,000

  X.Masquerade sells for $3M as Kanbas reveals story behind acquisition

• Another Kidnapping Takes Places With Crypto Ransoms

  Family members & a nanny get kidnapped & forced to transfer $15M in crypto

• CoinGecko Reviews Previous Airdrops For Pudgy Penguins

  Pudgy Penguin holders received over $130,000 at peak from various airdrops

Mints, Claims, Upcoming Events, & More

• Coinbase Derivatives To List $SOL For Futures Trading

  Users will soon be able to long and/or short $SOL on Coinbase exchange

• MegaETH Mints Out With Public Testnet Coming Next

  Team raises $13M from NFT mint as MegaETH looks to open testnet soon

• Coinbase To List $PENGU & $POPCAT Tomorrow

  Two popular Solana memecoins will be listed on Coinbase at 9:00AM PST

• Yuga Previews Team Deathmatch Game Coming To Otherside

  Bathroom Blitz will be a team shooter-game featuring miniature players

• ApeCoin Introduce The Wheel of Good Fortune

  88,888 $APE to be shared in prizes from spinning the wheel of good fortune

• Dave Portnoy Mentions Potential Airdrop To $JAILSTOOL Holders

  Portnoy brings up the idea of creating a coin along with a possible airdrop

• MoonPay To Have Major Announcement on February 13th

  MoonPay teases a “major announcement” coming tomorrow, February 13th

• LinksDAO Teases $LINKS As They Acquire First U.S. Golf Course

  $LINKS will launch on Base as DAO announces token & first U.S. property

• Pirate Nation Planning Launch on Ronin Network

  Pirate Nation expands to Ronin with an exclusive mint to celebrate

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