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Let’s get into it!

SCOOPS OF THE WEEK 

⛓️ NFT’s

• Binance To Launch New Ronaldo NFT Collection

• German Intelligence Services Uses NFTs To Identify Cybersecurity Talent

• Faroe Islands Postal Services Rolls Out NFT Embedded Stamps

👨‍💻 WEB3

• DAO Funds First Animated Film With Nouns

• Christie’s Psychedelic Web3 Venture

🪙 CRYPTO

• Is it time for Bitcoin’s watershed moment?

• Can a Bitcoin-only ‘Buy & Hold’ strategy beat Altcoins?

• Ripple $XRP is close to getting a license in Singapore

⛓️ NFT’s

• NFT Total Market Cap $6.79B - 24/hour change +0.38%

• Volume Traded 24/hours - $22.7M -5.67%

  What’s going on with BAYC & Yuga Labs?

  

• This week has been a shocker for BAYC. Yuga is being slated across Twitter, the founders facing heat & notable celebrities are dumping their Apes.

• It’s always strange when high-profile celebs dump their NFTs, Come on are they really bothered about clawing back $70,000?

• What was once considered the Gods of the NFT world (Bored Ape Yacht Club’ have now slid down to 37 ETH.

• This has naturally dragged the rest of the Yuga ecosystem down in price with it.

• Are we witnessing the rise and fall of BAYC? Or do we stick by the motto of ‘Never Fade Yuga’ and is this in fact an incredible buying opportunity to enter the infamous club?

• Always wanted to get in? Now could be your chance.

• FUD is FUD and the NFT space is incredibly fickle & emotional but we can’t help but think that of late the limelight is being stolen by other players like Azuki, DeGods & Memeland.

• One reason this could be is that Yuga has diluted its ecosystem with different narratives & storylines that at this stage feel detached from the Original Apes, which adds complexity to the ecosystem.

• People like simple & successful. Complexity has never fared well in NFT land. We saw what happened with Psychedelics Anonymous.

• With Yuga, you have the PFP’s which are BAYC & MAYC, you have the HV-MTL storyline & of course, and the Metaverse play being ‘Otherdeeds’ and Kodas’.

• Time will tell, Yuga has faced much FUD in the past, and surely they are looking to marry everything up in the coming future. At this stage, we do think that there is more downside to come, but it’s important to look at things objectively. When NFT Floor prices tumble or any asset for that matter, it can be for a number of reasons including wider market conditions, communities turn from Euphoric to bitter which only adds to the

• Over the last 7 days, it is still clear that the Generative Art genre is leading the way with most collections seeing decent gains.

• It’s also important to note, that the recent rally in $ETH price has managed to save NFT value somewhat when denominated in the dollar value.

Whales Are Scooping up:

• MAYC

• BAYC

• Azuki

• DeGods

• Redacted Remillo Babies

Binance To Launch New Ronaldo NFT Collection

At a glance 🔎 

• The 29,327, item collection launches on the 3rd of July and will consist of 20 limited edition moments in 4 different rarities.

• The rarities are split as Normal (28,000 NFTs), Rare (1200 NFTs), Super Rare (120 NFTs), and Super Super Rare (7 NFTs).

• The prices for each are: Normal 10 USDT, Rare 30 USDT, Super Rare 200 USDT, and Super Super Rare will be sold at auction with a starting price of 15,000 USDT.

🕵️ Scoops take:

“SUUUUUUUUUIIIIIIII” !!

Whether he is your GOAT or not, having the opportunity to own a piece of sporting legacy will certainly tick a lot of collectors’ boxes.

When it comes to sporting memorabilia, they typically come in physical form like ‘Ali’s Boxing Gloves’ or ‘Jordan’s 23 Jersey’ but digital memorabilia and this collection, in particular, allows fans across the world to grab a piece of their favorite legend.

But fear not! Rarity will still play a huge part in this drop given there will only be 7 pieces of the Super Super Rare.

We don’t know yet if this collection will be able to be traded, but you would like to think that it will be, but If you are looking to try to flip these for profit, it’s one to do a bit of digging on for sure.

German Gov’t Security Attracting Cyber Talent With NFTs

At a glance 🔎

• The German intelligence agency BND has taken an innovative approach to attracting cybersecurity talent by launching its own NFT collection.

• The NFT collection, named "Dogs Of BDN" will only be available to mint by those who can solve the clues set by the agency.

• This unique recruitment strategy aims to tap into the tech-savvy web3 community, signaling a shift in how governmental agencies could engage with potential talent in the future.

  🕵️ Scoops take:

  Yes yes and yes! What a way to find your tribe. This intriguing mechanism of actually having to prove your suitability for a cybersecurity role by discovering a concealed string of characters (an address, transaction hash, block, or token number) is hiring innovation at its finest. Only 200 of 999 have been discovered so far so the exclusive element of owning one of these puppies hold strong. A fantastic move from BDN to stay relevant and appealing. This could very well set a precedent, turning the tech-centric realms of NFTs into the new headhunters' playground. 🤝 💼

Faroe Islands Postal Service Rolls Out NFT Embedded Stamps

At a glance 🔎 

• The country’s postal service announced that each physical stamp will have a digital version stored on the Blockchain.

• Users will be able to have a say in the creation of the stamp.

• The stamps are tied to the local weather station and will use real-time weather data to influence how the digital version of the stamp appears.

🕵️ Scoops take:

Faroe Islands, ever heard of them? us neither. But NFTs are putting this geolocation on the map!

The Faroe Islands only have a population of around 52,000 so the fact they are immersing themselves in Blockchain technology is quite something

Again, we are seeing NFTs being used in a totally different way but in a way that is part of everyday life which paves the way for an extremely exciting future.

This is the 3rd country to adopt Stamp NFTs after The Netherlands and Austria with each of theirs proving to be popular.

The use of NFT technology is growing day by day. Watch this space.

THREAD OF THE WEEK

Has Memeland made their very first slip-up?

The team dropped a sneak peek of the highly anticipated Captainz reveal and Twitter had its fair share of opinions.

But is it all as it seems? Could this be a master plan in disguise? Dive into the thread below from Serein to find out…

🌐 WEB3

DAO Funds First Animated Film With Nouns

At a glance 🔎

• Atrium, a Web3 creative studio, has launched the pilot episode of "Nouns: The Movie", a fully on-chain, community-driven film project.

• The movie, inspired by NounsDAO and its NFT avatars, is touted as the first-ever community-made and tokenized film, showcasing the potential of Web3 in the creative industry.

• Ownership and governance of the project will be distributed among NFT holders, enabling a decentralized, community-led decision-making process for subsequent movie developments.

🕵️ Scoops take:

Atrium's pilot episode of "Nouns: The Movie" isn't just a new piece of entertainment, it's a new entertainment paradigm. By rooting the film firmly in Web3, Atrium is pushing beyond the traditional and the centralised, tapping into the collective power of a community. This project exemplifies how Web3 can bring creative expression to a new level, where every viewer could also be a contributor.

As we look forward to more Web3-embedded artistic endeavors, it's clear that Atrium has already ignited the creative spark in the digital sphere and we’ve certainly got our popcorn ready 🍿👀

Christie’s Psychedelic Web3 Venture

At a glance 🔎

• Christie's, the renowned auction house, is hosting an event named "3.0 Presents: Cartography of the Soul", where a curated collection of 12 NFT artworks will be auctioned off to benefit psychedelic studies.

• The proceeds from the auction will go to the Multidisciplinary Association for Psychedelic Studies (MAPS), an organization focusing on psychedelic research and therapy.

• This event, indicative of the growing intersection between art, blockchain, and social causes, not only underlines the potential of NFTs as a tool for fundraising but also underscores their ability to bridge traditional boundaries in philanthropy.

🕵️ Scoops take:

Whilst this isn’t Christie’s first venture into NFT sales, their latest foray into the world of NFTs showcases how the traditional and the cutting-edge can intersect for a greater cause. It's refreshing to see the historic auction house leveraging the dynamism of blockchain to fuel forward-thinking research. This initiative punctuates the versatility of NFTs, not merely as digital collectibles, but as transformative tools for philanthropy and social good. Beyond their commercial allure, it's clear NFTs are staking a claim in the world of impact, one digital token at a time.

🪙 CRYPTO CRUNCH

• Crypto Total Market Cap $1.17T - 24/hour change +0.4%

• Volume Traded 24/hours - $28.91B -41.26%

• Woah, the Fear & Greed index has rocketed & the Bulls are getting greedy.

• You know what they say, Buy the Fear, Sell the Greed.

• Following the Blackrock ETF filing, we have seen a tsunami of major institutions pile in and express their interest in doing the same.

• This is major bullish for Crypto in the long term and again supports the legitimacy of digital assets.

• Just a few days after the news Bitcoin decided to explode out of the gates at $25k and reach local highs of $30,650.

• Whilst Bitcoin looks somewhat over-bought right now, should the price close this Friday above $30K+ we can expect further moves to the upside.

• That being said analysts are now eyeing $28.5K as an area for major support, it may feel tempting now to wade in if you are sat on the sidelines, but right now it could be better to wait for a better entry once the market has cooled off.

• Bitcoin has been outperforming the majority of Altcoins during its recent rally, as $BTC dominance has shot up.

• But there is no doubt ALT season always shoots after a BTC rally.

• Patience is key, right now. Try not to act with emotion.

  Crypto narratives to focus on this summer

• - AI Tokens

• - Decentralised Exchange Tokens

• - Liquid Staking derivatives projects

• - Metaverse & gaming tokens

• - RWA - Real-world Asset tokens

• - Cross Chain Projects

• - ‘Real Yield’ Bearing tokens/projects

  Top stories

• Is it time for Bitcoin’s Watershed Moment?

• Can a Bitcoin-only ‘Buy & Hold’ strategy beat Altcoins?

• Ripple $XRP is close to getting a license in Singapore

😡 THE REKT SECTION 😡

3AC / OPNX

An exchange that allows users who have nowhere else to turn to sell their crypto claims on an exchange.

In case you hadn’t heard of them, they were set up by those who lead Three Arrows Capital.

The company has announced a new ecosystem partner- 3AC Ventures.

This is likely so 3AC can funnel $3.5Bn in victims’ claims from their previous disaster and profit from the trading of the claims on OPNX.

Should 3AC be allowed to profit from the havoc caused by themselves? We don’t think so.

But who are we… Someone call Gary Gensler!

🏆 WEEKLY WINNER 🏆

Solana

We recently questioned them about losing 2nd place in the marketplace leaderboard and they had a bit of work to do to salvage this.

Well, they have sorted it and it’s mightily impressive.

Data has shown that in the last week, the number of NFT buyers on Solana surged more than 125% with total transactions and sales volume moving up 36% and 5%.

This impressive week follows from their NFT activity doubling in the month of May with average daily transactions hitting 60,000.

Well done Solana, a rather impressive few weeks.

And that's a wrap for today gang!

Love and sprinkles as always, catch you back here soon for the latest

~ Scoop~

*Disclaimer*

The Triple Scoop newsletter & podcast is not financial advice, it is provided for educational, informational, and entertainment purposes only.