222
"Opportunity is missed by most people because it is dressed in overalls and looks like work.
- Thomas A. Edison
Powered by Super Coffee - Positive Energy!
Happy Humpday Folks! I admit I was wrong. I thought the bottom was in on Jul 9th and a few days later I saw the immediate pull back as a fluke because from there Bitcoin rallied all the way back up to nearly $25K and then down and back up to $25K again. Well here we are back at $18,736.48. Is this a double bottom? Regardless, bear markets are the greatest buying opportunities so keep stacking sats when you can; do not be like the Degens that are borrowing ETH to get fork tokens.
It's being debated if this Merge is a risky move or climate nirvana. SEBA Bank has enabled staking while $ETH, ETC, and $LIDO all plummet on the eve of the Merge. However, Cred believes the inflation data could create a catalyst that could trigger a "massive" rally for $ETH and other Crypto this month. Meanwhile, Institutional investors are betting on $SOL, $XRP, and $ADA - all while shorting $BTC; maybe they are paying attention to Guy who believes a rally is coming for $ADA - so does Charles Hoskinson. Former OCC head slams unequal regulations between Crypto firms and banks; says they are getting away with murder. Will Ripple launch a CBDC?
Keep your eyes on the mining because price follows hash rate and Marathon Digital just energized 25,000 miners in August; producing 184 Bitcoins. As it applies to Ethereum - F2Pool will end mining $ETH after the merge. Also, Bitcoin Core developers were gifted $325K. Legal Battles continue with Lawyer Roche Freedman possibly creating a sideshow in the Tether Class action suit and Co-Founder of Celsius says his shares are worthless. Even more drama with the FBI seeking information on attackers Bitcoin wallet, Ponzi scheme generating $100K in Crypto, and last but not least a couple getting married Sathoshi style.
The Scoop - How the multi-trillion dollar derivatives industry could be disrupted by decentralized technology
- TA: Bitcoin Price Breakdown Looks Real, Why BTC Could Dive To $18K (CryptoPotato
- SEBA Bank Enables Ether Staking as Merge Nears (Blockworks
- $325K In “Gifts” From The Human Rights Foundation, Who In Bitcoin Received Them? (Bitcoinist
BITCOIN & ETHEREUM
- Bear Markets Are The Greatest Buying Opportunities. Here’s why (
- Bitcoin (BTC) Risks Fall to June Lows as Percent Supply in Profit Reaches Bottom Territory (
- $BTC Market Cap Dominance Falls to Levels Last Since in January 2018 (Cryptoglobe
- Ancient 15,000 BTC Moving 10 Days Prior to Massive BTC Drop (
- TA: Ethereum Nosedives, Why $1,500 Is The Key For More Losses (
- 47% of Bitcoin holders remain in profit despite BTC’s 60% price drop in 2022 (
THE MERGE
- Degens borrowing ETH to get fork tokens create headaches for DeFi platforms (Cointelegraph
- Mainstream media on the Merge: Risky move or climate nirvana? (Cointelegraph
- Ethereum, Ethereum Classic, Lido Finance Plummet on Eve of Merge (
- You Can Arbitrage Ethereum (ETH) If This Happens (
- Staked Ether Price Discount Widens to Most Since June Ahead of Ethereum Merge (
- Ethereum Merge: What You Need to Know (
- What the Merge Could Mean for Ethereum and Its Developers (
- Binance Introduces Ethereum Staking in US as it Steps Up Competition With Rivals (
ALTCOINS/STABLECOINS/CBDCs
- Ether, Cardano Lead Steep Crypto Slide Amid Dollar Strength (
- Institutional Investors Bet on $SOL, $XRP, and $ADA While Shorting $BTC (Cryptoglobe
- Ripple adviser teases ’more CBDC announcements in the next few weeks’ (Cointelegraph
- One Catalyst Could Trigger ‘Massive’ Rallies for Ethereum and Crypto This Month, According to Analyst – And It’s Not the Merge (
- Rallies Coming for Cardano (ADA), According to Coin Bureau (
NOTABLE VOICES
- Eugene Ludwig: ‘Getting away with murder’, former OCC head slams unequal regulations between crypto firms and banks (
- Charles Hoskinson: Cardano's CEO Comments on ADA Price Drop (Cryptoglobe
PEOPLE ON THE MOVE
- Blockchain Australia Lands Former BlackRock Director as New CEO (
ACCEPTANCE/ADOPTION
- Record Number of Women Declare Crypto Holdings to Tax Man (
- Marathon Digital Energized 25,000 Miners in August, Produced 184 Bitcoins (
- Bitcoin Miner CleanSpark Buys 10K New Machines for $28M After Discounts, Credits (
- F2pool to End Ethereum Mining After the Merge Takes Place (
LEGAL BATTLES
- Court hears Roche Freedman could create ‘a sideshow’ in the Tether class action (Cointelegraph
- Celsius co-founder declares his equity is ‘worthless’ in court (Cointelegraph
- 7 Critical Events in the Celsius Bankruptcy Case (Blockworks
- Bankrupt Voyager Digital to hold asset auction on September 13 (
- Voyager Kept Taking Buy Orders After Freezing Crypto Transfers; Now, This Trader Is Stuck (
- SEC Files Police Complaint Against Crypto Exchange Zipmex (
ATTACKS/HACKS/SCAMS
- FBI seeks Bitcoin wallet information of ransomware attackers (Cointelegraph
- Getting hitched, Satoshi style: a Bitcoin-themed wedding in Lebanon (Cointelegraph
- Ponzi Scheme Generates $100K In Crypto Through Awareness Move (Bitcoinist
- Attacker scoops $370,000 profit in $51 million flash loan arbitrage on Avalanche (
- Bitcoin, Explained: 63 - The Bitcoin Core development process
- The Wolf Of All Streets: Daily Howl: Bitcoin To Crash After The Merge? Guest: Dave Weisberger, CoinRoutes
- Bitcoin Fundamentals: BTC094: The Book of Satoshi w/ Phil Champagne (Bitcoin Podcast)
- Bitcoin Audible: Read_650 - How to Be a Bitcoin Maximalist [Pete Rizzo]
- Decrypt Daily: Sept 6: Big Gains For ETH, ETC & LIDO
- Bankless: Trading the Merge | Arthur Hayes
