"Every country will eventually adopt Bitcoin."
- Prince Filip Karađorđević
Powered by SmartFi: "Better Thank A Bank!"
It's FRIDAY Folks! Bitcoin is pumping once again and if it can get above $24K with some volume, again this rocket ship looks primed to take off. That said, $30K is the BOSS to conquer, get above that and you might be able to break out some champagne and put it on ice. Prince Filip speaks truth! Bitcoin will be globally accepted, it will be the TOP new world order.
If you still have assets on any CEFI platform, I don't know what to tell ya; esp BlockFi. 3AC founders says Luna is to blame and it appears Luna is at ground zero of this entire debacle. Maybe the SEC was right for going after Do Kwon on stage at the conference? Not a bunch of different things being reported on this morning but I can assure you by the end of the day, it will be too much to read, watch, and LISTEN!
Bitcoin Price: $23.534.83
JUST IN
- FTX in talks to buy South Korean crypto exchange Bithumb: Bloomberg (TB)
- Crypto to reach 1 billion users in 2030: BCG Report (Cointelegraph | Finbold | Bitcoinist | BIC | CryptoPotato)
- Employees Want To Be Paid in Crypto, Report Shows (Blockworks)
BITCOIN & ETHEREUM
Positive
- Bollinger Bands Indicator Shows Bitcoin Could Be on Cusp of Breakout (UToday)
- Bitcoin (BTC) Reclaims $23,000 Level Amid Breakout Rally (BIC)
Neutral
- Bitcoin traders eye levels to hold as ‘decision time’ looms for BTC price (Cointelegraph)
- Bitcoin wobbles on Wall Street open as Ethereum hits $1.6K in 6-week high (Cointelegraph)
- Ethereum Net Issuance Can Drop to -4.5% Following Merge Update: Details (UToday | Finbold)
- Ethereum Held on Exchanges Plunges as Stakers Prepare for The Merge (Decrypt | TDH)
Negative
- Pro Bitcoin traders are uncomfortable with bullish positions (Cointelegraph)
- Bitcoin Whale Suddenly Moves Over $300,000,000 in BTC – Here’s Where the Crypto Is Going (TDH)
ALTCOINS
- Solana (SOL) To Hit $166 By 2025, Despite Current Bearish Conditions (NewsBTC | Cryptoglobe)
- 50 fintech specialists predict Solana to trade at $45 by the end of 2022 (Finbold)
- Dogecoin Retraced On Its Chart, Is There Chance Of An Uptrend? (NewsBTC)
CEFI CONTAGION
- Almost $6 Billion Lost by Cryptocurrency Investment Funds Like 3AC, Celsius and Others (UToday)
- BlockFi had $1.8B in outstanding loans in Q2: Report (Cointelegraph | EWN)
- Three Arrows founders tell Bloomberg 'the whole situation is regrettable' (TB | EWN | Finbold | UToday | Bitcoinist)
- 3AC founders reveal ties to Terra founder, blame overconfidence for collapse (Cointelegraph | ZyCrypto)
- 3AC Co-Founders Headed to Dubai, Want Orderly Liquidation: Report (Blockworks)
- Zipmex reopens withdrawals from trading wallets (TB | EWN | Cointelegraph)
ANALYST'S CORNER
- Nicholas Merten: A short-term BTC rally or trend reversal? Find out now on ‘Market Talks’ with Crypto Jebb (Cointelegraph)
- Michael van de Poppe: Crypto expert identifies Bitcoin resistance level to break before hitting $28k (Finbold)
- Miles Deutscher: Crypto Analyst Explains What ‘Merge, Surge, Verge, Purge, and Splurge’ Mean for Etheruem ($ETH) (Cryptoglobe)
ACCEPTANCE/ADOPTION
- California to allow politicians to receive Bitcoin donations for campaigns (Finbold | TB)
- Buying crypto with credit card is now indirectly banned in Taiwan (Cointelegraph | BIC | Bitcoinist)
- Filip Karađorđević: Prince Philip of Serbia calms rumors of Arab country Bitcoin adoption (Cointelegraph)
NOTABLE VOICES
- Freddy Zwanzger: All 'Ethereum killers' will fail: Blockdaemon’s Ethereum Lead (Cointelegraph)
BLOCKCHAINS
- Bitcoin Lightning Network capacity rises to a new high amid bear market (Finbold)
EXCHANGES
- Crypto.com scores regulatory approval from Cyprus SEC (Cointelegraph | CryptoPotato)
MINING
- Bitcoin Miner Core Scientific Strikes $100M Stock Deal After Dumping BTC (Blockworks)
- Bitcoin's Mining Difficulty Has Plunged (UToday | TB | Finbold)
- Chinese firm advances Bitcoin mining chip technology defying U.S. sanctions (Finbold)
- Compass Mining to add 25,000 ASIC miners just weeks after staff cuts (Cointelegraph)
LEGISLATION/REGULATION
- Ripple's Brad Garlinghouse Takes Aim at SEC's Approach (UToday | Finbold | TDH)
- CFTC commissioners speak up after SEC files crypto insider trading case (TB)
- Coinbase Is Ready To Fight The SEC (Forbes)
THE BAD
- DOJ Charges Virtual Asset Firm Founder with $6M Investor Fraud (Blockworks)
- Brian Armstrong: Coinbase Tipped Law Enforcement on Executive Suspected of Crypto Insider Trading (TDH)
PODCASTS
- The Pomp Podcast: #1056: John Wu On Bridging Bitcoin To Other Ecosystems
- The Breakdown: The Future of the Bitcoin Energy Debate, Feat. Troy Cross
- Untold Stories: For the Love of Bitcoin with Courtney Warner Shrem
- Unchained: Why 3AC's Collapse Could Spell the Start of a Crypto Credit Crunch
- On The Brink: Weekly Roundup 07/21/22 (More insider trading, SEC regulates via enforcement, more 3AC shenanigans)
- Bitcoin Magazine: Learning Bitcoin w/ BTC Sessions
