Disclaimer: If you take anything I post as financial advice that's on you boo! I curate news information daily (with the knowledge I've acquired since 2011) to provide you a view of what is happening around the Digital Asset space. If YOU decided to buy, hold, or trade Digital Assets as a result of reading what I've posted, that is YOUR decision and this isn't advice. You should discuss any investments with your financial advisor and if you don't have one, find one. 

"I don't think of all the misery but of the beauty that still remains."
- Anne Frank

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Welcome to Thursday Folks! As we head into the weekend Bitcoin continues to make a push higher. Earlier this week I believed Bitcoin would trade sideways all week and then see a pop on the weekend; let's see if my Crystal Ball continues to work. Meanwhile, yet another indicator says we will exit the Bear Market once the long term holder supply flashes green; so many indicators and all are saying contradictory things. CME Bitcoin Front-Month Futures is showing the deepest discount ever.

In addition, many Analyst are pointing in different directions and today its Smart Contracter who thinks (like many others) that there will be another leg down with Bitcoin before it skyrockets to the moon; $20.5K is his level. Harry Dent think's Bitcoin is the next big thing but will crash like the dot-com bubble and Edward Moya thinks Crypto Winter "could be over" as investors are adding to their positions.

It's insane to think that only 28% of Russians have ever bough Bitcoin - we are still early.

Is The Merge priced in? ETH Whales might not believe so since they are moving ETH onto exchanges ahead of The Merge which will take place Sept 6th. BNB is never really talked about that much but it is the 5th largest asset on CoinMarketCap and it appears to be gearing up for a breakout attempt above $330.

There is a lot going on around Exchanges as Crypto.com joins Gemini in completing their SOC 2 Type II compliance audit, Samsung aims to launch a Crypto Exchange, but Siam Commercial Bank scaps $500MM purchase of Thailand's largest Crypto exchange and Afghanistan shut down 16 exchanges. Bitcoin Depot (ATM operator) is going public. In the mining world Marathon gets trimmed and Nvidia Crypto mining chip revenues continue to fall. 

There is big news with an amendment to the US Commercial Code (UCC) differentiating Crypto from electronic cash; CBDCs will be considered electronic cash - imagine that. Tornado developer will stay in Jail and Voyager employees will get bonuses? What in the Sam hell is going on. I guess a silver line in the weirdest that is Crypto is BitBoy pulled his lawsuit that he knew would never fly in the first place. It's all about publicity for these folks. 

BITCOIN & ETHEREUM

Positive

• Bitcoin sits at range high as realized price sparks BTC 'macro signal' (Cointelegraph)
• Bitcoin Will Exit Extreme Bear Market Once Long Term Holder Supply (LTH) Flashes (UToday)
• Bitcoin selling pressure subsides as BTC exchanges deposits hit a 2-year low (Finbold)
• BTC On-Chain Analysis: SOPR Struggles to Return to Positive Territory (BIC)
• Ethereum Spikes 5% to 6-Day High, Bitcoin Eyes $22K (Market Watch) (CryptoPotato)

Netural

• Bitcoin (BTC) Tangles with Resistance at $22,000 in Attempt to Reclaim Bullish Trend (BIC)
• 72% of Russians say they have never bought Bitcoin: Survey (Cointelegraph | Bitcoinist)

Negative

• Wen moon? Probably not soon: Why Bitcoin traders should make friends with the trend (Cointelegraph)

JACKSON HOLE

• Bitcoin price in limbo as Fed Chair prepares to address global central bankers (Finbold)
• Bitcoin's Pre-Jackson Hole Decline Leaves Room for 'Buy The Fact' Bounce (Coindesk)

THE MERGE

• Is The Ethereum 2.0 Merge Priced In? (CryptoPotato)
• ETH whales move holdings onto exchanges before Merge (Cointelegraph)
• $ETH: Cumberland Says After the Merge $20M/Day of Miner Selling Pressure Is Gone (Cryptoglobe)
• What Could Happen to the Ether Price Following The Merge? (Blockworks)
• Lower costs, higher speeds after Ethereum’s Merge? Don’t count on it (Cointelegraph)
• How Binance Will Address a Potential Ethereum Fork During the Merge (CryptoPotato)
• Merge Is "Real Catalyst" for Ethereum, Top Trading Firm Says (UToday)

ATLCOINS & STABLECOINS

• Binance Coin (BNB) Gears up for Breakout Attempt Above $330 (BIC | Cointelegraph)
• XRP Is Becoming Extremely Interesting Asset as Investor Sentiment Reveals (UToday)
• Will Ripple Ever Reach $1? It Will but Not Before These Other Crypto (Bitcoinist)

ANALYST'S CORNER

• Smart Contracter: New Low Incoming for Bitcoin ($20,500), Warns Analyst Who Called 2018 BTC Bottom (TDH)
• Ki Young Ju: Quant Analyst Says Legacy Financial Institutions Are Eyeing One Ethereum-Dominated Sector (TDH)
• Coinshares: Unorthodox Bitcoin Trend Could Trigger BTC Demand and Accelerate Price (TDH)
• Altcon Sherpa: Crypto Trader Predicts Bitcoin Rally, Updates Outlook on Solana and Chiliz – Here Are His Targets (TDH)
• Charlie Burton: Why $20.8K is a critical level for Bitcoin | Find out now on Market Talks with Charlie Burton (Cointelegraph)

NOTABLE VOICES

• Brian Armstrong: Coinbase CEO Brian Armstrong Makes Big Crypto Prediction As BlackRock and Meta Enter Space (TDH)
• Edward Moya: Crypto Winter ‘Could Be Over’ as Investors Add to Positions, Says Market Analyst (Coindesk)
• Harry Dent: Bitcoin is the ‘next big thing’ but will crash like the dot-com bubble – Economist (Finbold)

ACCEPTANCE/ADOPTION

• Crypto adoption in Ireland down over 16% in the last year (Cointelegraph)
• Prince Philip of Serbia suggests bringing Bitcoin into the classroom (Cointelegraph)

PARTNERSHIPS

• Cboe To Add Slate of Partners to Grow Digital Asset Business (Blockworks)
• Mastercard CEO Says Credit Card Giant Working With Binance To Enable Customers Make Crypto Payments (TDH)
• Alameda Research Ventures Absorbed by FTX (BIC)

ETFs/FUTURES

• Bitcoin CME Front-Month Futures Reach Deepest Discount Ever Recorded (NewsBTC)
• Coinbase to list nano ETH futures next week (TB)
• SEC delays decision on VanEck's latest bitcoin ETF application (TB | BIC)

BLOCKCHAINS

• Cardano is highest-ranking crypto brand in the latest ‘Top Brand Intimacy 2022’ report (Finbold)
• $ADA: Current Status of the Journey to Cardano’s Vasil HFC Event (Cryptoglobe)
• Cardano Gets "Even Closer" to Vasil Upgrade, Input Output Says (UToday)

EXCHANGES/WALLETS/ATMS

• Crypto.com completes SOC 2 Type II Compliance audit to position as a secure and reliable platform (Finbold)
• Samsung Aims to Launch Crypto Exchange in 2023 (BIC)
• Siam Commercial Bank Scraps $500M Purchase of Stake in Thailand’s Largest Crypto Exchange (Coindesk)
• Bitcoin Depot set to go public at an $885 million valuation: WSJ (TB | Coindesk | BM | Bitcoinist | BIC)
• Afghanistan Shuts 16 Crypto Exchanges, Arrests Staff: Report (Blockworks | Cointelegraph | TB | CryptoPotato)

MINING

• Bitcoin Miner Marathon Digital Targets Trimmed by Cowen (Coindesk)
• Chipmaker Nvidia’s Crypto Mining Chip Revenue Continues to Fall (Coindesk | BIC)
• Bitcoin mining stock report: Thursday, August 25 (TB)
• SBI ends previously unknown deal with sanctioned Russian bitcoin miner BitRiver: CoinDesk (TB)

LEGISLATION/REGULATION

• Amendments to US commercial code differentiate crypto and ‘electronic money’ (Cointelegraph)
• Ripple’s Managing Director for UK and Europe on Crypto Regulation (Cryptoglobe)
• Crypto Won’t Work in Emerging Economies Like India: RBI Governor (BIC)
• Crypto Seeks Freedom in the UAE — is it a Regulatory Rug-Pull? (Blockworks)

TORNADO CASH/CEFI CONTAGION

• Ruling to keep Tornado Cash developer in jail for 90 days sparks backlash (Cointelegraph | Coindesk)
• Bankruptcy Judge Approves Voyager Key Employee Bonuses Despite Creditor Protests (BIC | Cointelegraph | Coindesk)
• Coin Center Condemns Tornado Cash Sanctions (Blockworks)

THE WEIRD

• YouTuber BitBoy Pulls Defamation Lawsuit Against Fellow YouTuber Atozy (EWN | UToday | Blockworks | Coindesk | BIC)

PODCASTS

• The Wolf Of All Streets: Daily Howl: When To Expect Institutional Crypto Adoption | Guest: James Stickland, CEO Of Elwood
• What Bitcoin Did: Bitcoin for Fairness with Anita Posch
• Decrypt Daily: Aug 24: Is John McAffe Alive?