A message to the Scoop readership

Welcome Scoop Family, You have probably noticed we have missed a few recent editions. But fear not, it is all for a good cause.

Our mission with Triple Scoop has always been to bring you the most value possible, twice a week. Keeping you updated with the latest & best trends, news & alpha. As a newsletter, we previously covered NFTs, Web3, and crypto, but with such a wide spread of coverage across multiple sectors, we felt the information over the last few months has lacked maximum value & actionable insights.

Despite starting as an NFT newsletter 2 years ago, our main experience lies within the crypto sphere, totaling 15 years of experience across the team, our experience in bear markets, bull markets, navigation of trends & Gem indentification is extensive. With that in mind, we have decided to make a strategic approach to deliver a crypto-centered newsletter moving forward, allowing us to consistently deliver to you actionable insights, alpha & value which will guide you to success throughout the biggest bull market of our lives that lies ahead of us.

We fully appreciate that a lot of you are still huge fans of NFTs, and we are too. but, this move to crypto will allow us to craft an improved, customer-focused, & concise newsletter. We welcome you to join us in our journey to delivering simply the best & only newsletter you need in crypto.

Welcome to the New ‘Triple Scoop’ Without further ado, LFG.

SCOOP’S TL;DR

📈 MARKET SENTIMENT

• Anticipation surrounds Bitcoin ETF approvals, driving BTC to a new high of $47K and increasing dominance to almost 57%.

• Ethereum lags amid excitement over Layer 1's and Layer 2 tokens but is expected to rebound soon.

🔥 THE TRENDING NARRATIVE

• BTC ETF Approval & Layers 1, & Modular Blockchains take centre stage.

🏋️ BARBELL’S WEEKLY PICK

• $ROSE - OASIS NETWORK

🗞️ TOP STORIES

• Bets placed for the ETF

• CNBC’s ETF prediction made.

• Spot ETF fee wars

🏆 WEEKLY WINNER

• Crypto Hacks Decline

😡 REKT SECTION

• Gary Gensler

💎 PREMIUM SCOOP

• Smart Money Buys

• Brand new Gaming token launching in just a few days, that couldn’t be more bullish - 25X potential

📈 MARKET SENTIMENT

• Crypto Total Market Cap $1.72T - 24/hour change +5.34%

• Total Crypto Market Volume $81.2B - 24/hour change +36.95%

  Majors - 24/Hour change

• BTC - $46,500 +6.3%

• ETH - $2292 +3.5%

  Trending 24-hour Gainers

• $SEI +17%

• $SOL +12%

• $STX +11%

• INJ +11%

  

• One word dominates the space this week ‘ETF’. Spending just 5 minutes on Twitter this week, you will have noticed it.

• Yep, multiple BTC ‘Exchange Traded Funds’ are expected to be approved by Wednesday 10th (Tomorrow), opening up regulated access to Bitcoin for millions.

• Bitcoin is reacting positively hitting a new all-time high for this cycle of $47K, ALTS are now starting to trace up too, following last week’s 20% market retrace.

• Bitcoin dominance (% of Bitcoin market cap compared to rest of market) is rallying up, closing in on 57%, meaning more cash is flowing into the King.

• We could see BTC dominance hit 60%, ALTS will lag with some outliers keeping up.

• But following rallies in BTC dominance, we should see liquidity flow down into the ALT coins, with some explosive move.

• The question lies will whether the BTC ETF approval (If we get it), will be a buy rumour sell the-news event? It is a tough one, possibly in the short term, but honestly, we don’t care. Long term this is extremely bullish for the BTC and crypto as a whole, but we are holding off making any new purchases until either approval, rejection, or extension.

• Better to know where the land lies, despite an overwhelming public bias leaning towards approval.

• Our guess is not a question of if, but when. The most powerful company in the world ‘BlackRock’ normally gets what it wants.

• Ethereum has been lagging during this momentum, possibly due to BTC dominance rise & ETF excitement, but also shiny new Layer 1’s & Layer2 tokens offering more attractive gains. If people missed ETH over the years, they want the next best thing. No doubt that ETH will awaken soon.

  Strong Crypto narratives to focus on this year

• - AI Infrastructure / Autonomous agents

• - Parallelization EVM

• - Modular Blockchains

• - Solana Killers

• - GameFI

• - Social-Fi / Gambefi

• - RWA - Real-World Asset tokens

• - New Layer 1’s

• - Privacy

  🐂 SMART MONEY ‘ON CHAIN’ IS BULLISH ON:

• - OLAS - Autonomous Agents / AI

• - MUBI - BTC DEFI

• - MXH - Decentralized Physical Infrastructure (DEPIN)

• - VAULT - Layer1 AI

• - BANANA - Trading Bot

🔥 THE TRENDING NARRATIVE

Crypto is a narrative & trend-driven game, where attention goes, the money flows. So what’s hot?

The overarching narrative right now is the anticipation for the BTC ETF approval which is the main driver in market participation & speculation, especially for Bitcoin. Exciting stuff, but likely something we are all bored of hearing. Let's get it over with already…

Outside of that, Layer1’s, 2’s, Parrellization EVM, and modular blockchains are certainly seeing increased interest, just look at the rise of $SEI & $INJ for example. We expect to see this trend continue in the coming months, allowing developers a fully customized experience when building on a blockchain, where they can tailor-pick exactly what they need for the best use case, which was not previously possible with monolithic chains. Parallelization EVM as a narrative we also expect to do well, imagine if devs that can build on ETH, can suddenly now use their skills and build on top of Solana using the same language. That is exactly what parallelization EVM projects allow for.

A project that sits in this building narrative is interesting is $NEON, claiming to offer the world’s first parallelized EVM for ETH-SOLANA. However do note that around 90% of its token supply is yet to unlock, however, their next unlock won’t take place till July 2024 which still gives plenty of time for da PAMP to play out before any further dilution.

🏋️ BARBELL’S WEEKLY PICK

In each issue, our Founder ‘Jack Barbell’ delivers a hot rising star crypto asset that is yet to explode.

Follow Jack Barbell on X - @thebarbell_

Oasis Network

Ticker - $ROSE

Following on from the trending narrative, we believe the OASIS network & its token $ROSE has a strong chance to run within the coming months & year. Oasis network spreads across 3 decent narratives, which are Privacy, Layer1, and modularity. What makes Oasis unique is that it can add privacy layers to any EVM-compatible chains like ETH, BNB & Polygon, making its tech ripe for adoption by blockchains with already millions of users.

Big institutions are interested too, Grayscale’s Privacy ETF, plans to invest in projects developing blocking basic privacy solutions, with a focus on digital assets designed for private & secure transactions, masking user identities. $ROSE is already an asset under consideration.

Outside of institutional interest, we are also witnessing whales accumulate $ROSE tokens at pace, totaling over 464M tokens in recent months, with one whale, in particular, scooping up $30M worth of $ROSE, pretty booolish.

At around $800M mcap & 70% of tokens in circulation (reducing the risk of mass dilution) $ROSE offers itself as a sizeable Altcoin with Influencer backing & investment from giants like a16z and Pantera capital.

Whilst $ROSE may not be as sexy as something like gaming or AI, we believe it has the potential to serve as the structural backbone of Web3 privacy in the coming year.

🌐 TOP STORIES

Bets placed for the ETF - Plenty of winners and losers to come out of it.

At a glance 🔎

• Shorts have piled in ahead of the anticipated ETF, and a “sell the news” event is anticipated by the majority of speculators which left liquidations on shorts around $44,500 to $45,200 range, looks like they have been stung badly since bitcoin is trading higher.

• A wide survey has 39% thinking a pump will follow and 61% thinking dump.

• Standard Chartered estimates $50bn - $100bn will flow into Bitcoin and the price could reach $200k by 2025.

🕵️ Scoops take:

Will Bitcoin go up? will it go down? whatever happens, the long term is looking juicy!

We have all witnessed “sell the news” so many times and with liquidations at a volatile level, we are expecting fluctuations of epic proportions.

Given the widespread positive long-term projections, there may not be a bad time to invest if it is a long-term hold…if you want to operate in the short term, may the investment gods be with you.

It is never wise to try to compare Bitcoin to anything, however, when the Gold ETF was approved, the price went on an upward trajectory for years to come.

Nothing is stopping Bitcoin in the long haul, strap in.

In this week’s Premium edition, we uncover a brand new launch token in the gaming sector that gets us incredibly excited. The token launches today, is backed by the biggest in the industry & is already partnered with some of the biggest & most played games on the planet.

Oh it also leverages cutting-edge AI

This thing has 25X written all off it

CNBC’s ETF prediction made - It is going to be a busy week.

At a glance 🔎

• CNBC is of the view that the ETFs are to be approved this Wednesday.

• Trading could begin as early as Thursday.

• Two unnamed sources confirmed the date of the 10th of January to Kate Rooney.

🕵️ Scoops take: 

It is all systems go, load up, and lock in.

For once, we don’t need to put too much weight into who the sources are that CNBC refers to, this has too much traction.

When it comes to “buy the rumour” or “sell the news” CNBC hasn’t gone as far as nailing its colors to the mast, but by sharing this piece, it shows the massive leap Bitcoin has taken by entering the “traditional” financial markets.

The massive boost is that the biggest outlets are now sharing this one-time dream is becoming a reality.

Wider acceptance is on the horizon, don’t spend too long looking as it will be here before you know it.

Spot ETF fee wars - it is a race to the bottom.

At a glance 🔎

• This is constantly changing and is accurate at the time of writing.

• The fight for customers is well underway.

• The heavy hitters are constantly slashing their proposed Bitcoin ETF fees to undercut the competition.

• It's an amazing start to the week for investors who can look forward to meager administration costs.

  🕵️ Scoops take:

With fees reaching virtually bargain basement levels, this tells us that there are some massive expectations around Assets under management (AUM).

Given the severity of the competition there is no outstanding candidate that we recommend you invest with, but of course, DYOR and go with whatever makes you feel comfortable.

The position is constantly changing but the war has seen some major shifts already with Blackrock lowering their fee to 0.2% and ARK going down from 0.8% to 0.25%.

Current fees are as follows:

Bitwise 0.24%

Ark Invest 0.25%

Invesco 0.59%

Black Rock 0.2%

VanEck 0.25%

Franklin 0.29%

Fidelity 0.39%

WisdomTree 0.5%

Valkyrie 0.8%

Hashdex 0.9%

Greyscale 1.5%

THE ABOVE IS SUBJECT TO CHANGE

😡 THE REKT SECTION 😡

Gary Gensler

He needs no introduction to this newsletter, but if you have been living under a rock he is Chairman of the SEC.

He has dragged the Crypto world through the mud, but as things start to look rosy for Crypto, here is a last-ditch attempt at soft-fudding crypto assets.

Eagle-eyed readers will notice he has stopped calling Cryptocurrencies “securities” but now refers to them as assets. Is he starting to change his sentiment by recognizing them?

Perhaps too late, the horse has bolted.

He shared the below thread on his X page.

Quite ironic he goes from the number 1 hater to a Crypto threadoor.

🏆 WEEKLY WINNER 🏆

Hacks Decline

A major concern for those new and those that have been here forever and everyone in between was the safety of the crypto space.

Mainstream media would have you thinking we were all high-end criminals funnelling cash on the dark web paying for things that are too terrible to type.

It is no secret that Crypto has been used for illegal activities, but for us to be brushed under the same carpet was never it.

To the delight of everyone, this whole system is getting that bit safer.

CertiK co-founder stated that 2023 was a positive development in Blockchain security with hack losses declining 51% across the year.

Losses were still huge over the year which came in at $1.8bn however in 2022 this number was $3.7bn.

A step in the right direction, long may it continue.

In this week’s Premium edition, we uncover a brand new launch token in the gaming sector that gets us incredibly excited. The token launches today, is backed by the biggest in the industry & is already partnered with some of the biggest & most played games on the planet.

Oh it also leverages cutting-edge AI

This thing has 25X written all off it 

Feast your eyes on the delights, surprises & Alpha below.

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