Spencer Ventures Daily Newsletter Wednesday, May 14th

• Stock Market Holds Recent Gains While Crypto Sees Slight Retrace

  Stocks remain green while crypto majors fall 1-4% with BTC holding at $103K

• Qatar Announces $1.2T Commitment To U.S.

  Qatar kicks off U.S. investment with $200B purchase of 160 Boeing planes

• 10-Year U.S. Treasury Yields Hit Highest Levels Since February

  10-Year yields jump to over 4.5% again as investors continue selling U.S. bonds

• Gold Extends Losses As Investors Come Back To The Market

  Gold falls another -2% as prices revert to when Trump first announced tariffs

• U.S. Housing Market Remains In Limbo

  Home prices continue to rise as sellers now ask $38K over median buying price

• U.S. Treasury Records $258B Surplus in April

  U.S. looks to reduce deficit as $258B April surplus brings fiscal year to -$1.05T

• Sanofi To Invest $20B in U.S. By 2030

  Major pharmaceutical company, Sanofi reveals plan to invest $20B in the U.S.

• Japan’s Bond Yields See 20-Year High

  Japanese bond market sees major shift as long-term yields double in 2 years

• United Health Group Continues To Selloff

  $UNH drops nearly 50% over last 6 months as company experiences chaos

• JPMorgan Makes First Public Blockchain Transaction

  $4T asset manager uses Chainlink & Ondo to transfer tokenized treasuries

• Ripple Meets With UAE To Discuss Financial Systems

  Ripple visits Dubai to explore opportunities for financial system advancement

• Believe App & Launch Coin Take Over Timeline

  Launch Coin hits $280M MC as tweet-to-launch token platform takes off

• Ethereum Foundation Introduces Trillion Dollar Security

  Ethereum looks to upgrade security to offer a secure place for onchain capital

• Phantom Wallet Reveals Liquid Staking Token

  Phantom users can now stake their SOL directly with Phantom using $PSOL

• Susquehanna Reveals $291M in Bitcoin ETF Holdings

  International investment company discloses nearly $300M in BTC ETF holdings

• CFTC Commissioner To Become CEO of Blockchain Association

  Summer Mersinger will resign from the CFTC to lead crypto’s top lobbying group

• eToro Beats Expectations With Initial Nasdaq Pricing

  Crypto & equities trading platform sees strong demand with IPO at $52/share

• FalconX Partners With Standard Chartered To Launch Crypto Services

  The new partnership will look to offer crypto services to institutional investors

• Donald Trump States He’s A Big Crypto Fan

  U.S. president shows more support for crypto & says “we’re leading China”

• NFTs Return As Total Market Cap Nearly Doubles In One Month

  The total market cap of NFTs hits $5B as activity on Ethereum heats up

• Coinbase CEO Urges Congress To Pass Crypto Legislation

  Armstrong calls on Congress to pass bills for stablecoins & market structure

• OpenSea Integrates Abstract NFTs & Tokens

  Users can now trade their favorite Abstract digital assets directly on OpenSea

• Synthetix Looks To Acquire Derive Options Platform For $27M

  Synthetix plans to expand perps & options trading with token-swap acquisition

• DOJ Indicts Cartel Leaders With Ties Back To Crypto

  Leaders of the Sinaloa cartel get charged after using crypto for drug trafficking

• Morgan Stanley’s Head of Digital Assets Leaves For Tokenization Startup

  Andrew Peel steps down to launch new tokenization startup in Switzerland

• Lux.gg Introduces Multiplayer Internet on Solana

  LUX allows users to chat, connect, & transact with people using the same URL

• Fartcoin Surpasses Bitcoin & Ethereum in Hyperliquid Trading Volume

  Fartcoin breaks $20M in daily volume as DEX users continue to trade the meme

• Wasabi Protocol Averages Highest Yields on Solana

  Wasabi shares APY data with 30-day average of 17.6% on USDC & 7% on SOL

• Coinbase Settles $DOGE Sweepstakes Lawsuit

  Coinbase & Marden-Kane marketing firm pay $2.25M over DOGE giveaway

• Bitcoin NFTs Maintain Recent Strength

  Ordinals surge as Puppets jump 100% & Taproot Wizards go over mint price

• Vibes To Host Asian Championships In The Philippines

  Asian Championships will be this November at the YGG Play Summit in Manila

• Ethos Network Airdrops 256 NFTs To Top Contributors

  Web3 app for social reviews rewards top users with NFTs trading at 2.75 ETH

• Virtuals Complete First Genesis Airdrop & Reveal New Kaito Rewards

  Virtuals airdrop $AXR to stakers as social content will soon also be rewarded

• MapleStory Prepares For $NXPC & Game Launch Tomorrow

  MapleStory Universe goes live tomorrow with $NXPC claims at 2:00am EST

• Moonbirds Announce End of Daily Talons Emissions

  Moonbirds make new update to rewards system as emissions end on May 15th

• Rekt Drinks Tease Upcoming News

  Rekt updates profile & hints at a potential new flavor for the Web3 drink brand

• Pixelmon Plans For Mobile Game Launch on Avalanche

  Pixelmon’s flagship mobile game, Warden’s Ascent, will soon launch on AVAX

• Azuki To Hold Event in LA on July 5th

  Registration for Alley Escape is now open as Azuki holds event in Los Angeles

• Doodles Hint At Major Upcoming Partnership

  Doodles tease new partnership that is said to be “bigger than McDonalds”

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