Scatt Capital

Yellowstone, Ranches, Mountains and now Bitcoin… what more could a cowboy want? ??

CBOE and NYSE both applied for approval on $ETH ETF staking this week. Are you paying attention?

An estimated $8-$10B was liquidated last Sunday. Ouch. Bigger than the Luna, FTX, and COVID crashes. Corrections are part of the journey, however. Let’s run it back.

It’s a sign of the times (excuse the pun).

It’s Day 4 with DJT in office. Here is a crypto-related breakdown of what’s happened: 1). The leader of the free world launched a memecoin ($TRUMP) that shot to $10B+ in a matter of hours 2). The First Lady launched one too that also shot to billions in market cap within hours 3). We have received more public and government support for crypto than EVER before 4). Bitcoin hit a new all time high, AGAIN 5). The SEC launched a ‘crypto task force’ aimed at establishing clear cut regs for the industry 6). BlackRock CEO says he sees Bitcoin hitting $700k AND wants the SEC to approve tokenizing stocks and bonds (what Larry wants, Larry usually gets) With executive orders being signed left, right and centre, and favorable legislation being established- I find it difficult to find a bearish outcome here (NFA).

We are back from the holidays! And we hope you had a Merry time with your families and loved ones ?? Back to business… let’s crush 2025 together.

You guys seeing all these memecoins getting listed?! Very interesting. Take notes. That’s it, thanks.

BITCOIN BREAKS $100K ?? A historic moment. Soak it in.

Memecoins continue to dominate! The best performing category of crypto assets this year so far are the PEPE and Dogecoins of the world. Why? Well, more often than not, these projects are not about technical/fundamental analysis, but community and a sense of belonging - and that’s exactly what projects like Doge and PEPE offer, in combination with their characters’ appeal. These coins have no real utility/value in the real world, and are purely speculative but man can they move fast and violently (it’s a double edged sword). The projection is that these will be the top performing coins all-round in this next bull market cycle. Let’s hope we’re right ??

That little orange internet coin that you thought was worthless? Well, turns out it came within $7k shy of being worth $100k/coin earlier this week. The best part? Nobody seems to have moved a muscle. No major press coverage, no mainstream interest. We are still so early. And what’s even better is that it’s right before Thanksgiving, so when your uncle Steve, who you see twice a year, looks over at you and asks you “Haha how’s your little Bitcoin doing?”, show him this, and then ask him how wild his 4% treasuries are doing.