"Opportunity is missed by most people because it is dressed in overalls and looks like work."
- Thomas A. Edison

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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. 

POD: The Scoop - How the multi-trillion dollar derivatives industry could be disrupted by decentralized technology

TRENDING

• Celsius 'Misled' Investors About Crypto Lender's Financial Health, Vermont Regulator Alleges (Coindesk | TB | Cointelegraph | Bitcoinist | BIC | Blockworks | Finbold | UToday)
• TA: Bitcoin Price Breakdown Looks Real, Why BTC Could Dive To $18K (NewsBTC | TB | CryptoPotato | UToday | Coindesk | NewsBTC)
• Bankrupt Voyager Digital to hold asset auction on September 13 (TB | Cointelegraph | BIC | Blockworks)

CRYPTO MARKET

• Mt. Gox creditors fail to set repayment date, but markets to remain unaffected (Cointelegraph)

BITCOIN & ETHEREUM

Positive

• 47% of Bitcoin holders remain in profit despite BTC’s 60% price drop in 2022 (Finbold)
• Bear Markets Are The Greatest Buying Opportunities. Here’s why (NewsBTC)

Negative

• Bitcoin (BTC) Risks Fall to June Lows as Percent Supply in Profit Reaches Bottom Territory (BIC)
• $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 (UToday)
• TA: Ethereum Nosedives, Why $1,500 Is The Key For More Losses (NewsBTC)
• Bitcoin Falls 5% as Cryptocurrency Selloff Continues (Decrypt)
• Bitcoin Bets Look Bearish as Futures Trading Hits Record Level (Coindesk)
• Ethereum (ETH) Might Be Seconds Away from Breakdown Despite Merge Hype: Crypto Market Review, September 7 (UToday)

THE MERGE

• SEBA Bank Enables Ether Staking as Merge Nears (Blockworks | EWN | Cointelegraph | TB)
• Degens borrowing ETH to get fork tokens create headaches for DeFi platforms (Cointelegraph | Blockworks)
• Mainstream media on the Merge: Risky move or climate nirvana? (Cointelegraph)
• Ethereum, Ethereum Classic, Lido Finance Plummet on Eve of Merge (Decrypt)
• You Can Arbitrage Ethereum (ETH) If This Happens (UToday)
• Staked Ether Price Discount Widens to Most Since June Ahead of Ethereum Merge (Coindesk)
• Ethereum Merge: What You Need to Know (Coindesk)
• What the Merge Could Mean for Ethereum and Its Developers (Coindesk)
• Binance Introduces Ethereum Staking in US as it Steps Up Competition With Rivals (Coindesk)
• Bitcoin proponent Samson Mow highlights centralization aspect of the Merge (Cointelegraph)
• ETC Group launches crypto ETP based on PoW Ethereum hard fork (Cointelegraph)
• The Merge: Ethereum upgrade Bellatrix is live, what comes next? (TB)

ALTCOINS/STABLECOINS/CBDCs

• Price analysis 9/7: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB (Cointelegraph)
• Ether, Cardano Lead Steep Crypto Slide Amid Dollar Strength (Coindesk)
• Institutional Investors Bet on $SOL, $XRP, and $ADA While Shorting $BTC (Cryptoglobe)
• Ripple adviser teases ’more CBDC announcements in the next few weeks’ (Cointelegraph)

ANALYST'S CORNER

• Cred: One Catalyst Could Trigger ‘Massive’ Rallies for Ethereum and Crypto This Month, According to Analyst – And It’s Not the Merge (TDH)
• Guy: Rallies Coming for Cardano (ADA), According to Coin Bureau (TDH | Cryptoglobe)

NOTABLE VOICES

• Eugene Ludwig: ‘Getting away with murder’, former OCC head slams unequal regulations between crypto firms and banks (Finbold | TDH)
• Charles Hoskinson: Cardano's CEO Comments on ADA Price Drop (UToday | Cryptoglobe)

PEOPLE ON THE MOVE

• Laura Mercurio: Blockchain Australia Lands Former BlackRock Director as New CEO (Coindesk | CryptoPotato)

ACCEPTANCE/ADOPTION

• Record Number of Women Declare Crypto Holdings to Brazil Tax Man (BIC)
  
• $325K In “Gifts” From The Human Rights Foundation, Who In Bitcoin Received Them? (Bitcoinist | BM)

MINING

• Bitcoin Miner CleanSpark Buys 10K New Machines for $28M After Discounts, Credits (Coindesk | TB | BM)
• Marathon Digital Energized 25,000 Miners in August, Produced 184 Bitcoins (Coindesk)
• F2pool to End Ethereum Mining After the Merge Takes Place (BIC)
• Bitcoin mining stock report: Wednesday, September 7 (TB)

BITCOIN MINER MARGINS GET SQUEEZED AS PRICE, HASH RATE DIVERGE

LEGISLATION/REGULATION

• Urgency to draft U.S. crypto regs has slowed since market collapse, top banking regulator says (TB)

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)
• Voyager Kept Taking Buy Orders After Freezing Crypto Transfers; Now, This Trader Is Stuck (Coindesk)
• Thai SEC Files Police Complaint Against Crypto Exchange Zipmex (Coindesk | TB)

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 (TB)

LISTEN

• 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