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. 

"The best way out is always through."
- Robert Frost

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It's Fridayyyy Folks! We made it to the end of the week and it's decision time as Bitcoin is pulling back down once again but still within the sideways trading range. Bitcoin is currently trading around $21,385.72 with lower band around $21.2K and upper around $21.7K on the 4 hour chart; a break of either might cause a breakout in either direction. So it remains stuck under $22K resistance for a full week. Funding rates are negative and on-chain analysis indicator (Mayer Multiple) show bullish reversal potential. Yesterday the indicators were all over the map so again it's anyone's best guess as to where Bitcoin is headed. I remain a Perma-Bull and think that direction is up; $25K is the big boss!

Yesterday's most covered news was Bitcoin Depot set to go public at an $885 million valuation; this would be the first to do so. In addition, bankruptcy Judge approved Voyager key employee bonuses despite creditor protests also got a good deal of coverage from Crypto publications. The Ethereum Merge, Cardano's Vasil Hard Fork, and Tornado Cash are the main narratives of the day. 

Remember folks Not Your Keys, Not Your Coins! More news to come throughout the day.

BITCOIN 

Positive

• Bitcoin (BTC) On-Chain Analysis: Mayer Multiple Shows Bullish Reversal Potential (BIC)
• Bitcoin price gains 3.5% as US PCE data supports shrinking inflation (Cointelegraph)

Neutral

• What The Negative Bitcoin Funding Rates Say About Investor Outlook (NewsBTC)

Negative

• Bitcoin (BTC) Remains Stuck Under $22,000 Resistance for a Full Week (BIC | Cointelegraph | NewsBTC)
• Why September is shaping up to be a potentially ugly month for Bitcoin price (Cointelegraph)
• Over 50% of all Bitcoin trades on exchanges are fake, new analysis reveals (Finbold | BIC)
• Bitcoin 1 Month Old Supply Is Down To Historical Bottom Zone (Bitcoinist)
• Bitcoin falls below $21,000, ether plunges more than 7%: Today in markets (TB)
• Hawkish Fed comments and Bitcoin derivatives data point to further BTC downside (Cointelegraph)

BITCOIN’S INCENTIVES ARE PERFECT

THE MERGE

• Ethereum dev addresses node centralization concerns in runup to the Merge (Cointelegraph)
• Miners Eye Ethereum Classic Activity as Merge Nears (Decrypt)
• Ethereum Merge Countdown at T-20 Days (Blockworks)
• Will Ethereum Complete This Bearish Pattern And Plunge To $1,000? (NewsBTC)
• Majority Of Ethereum Investors Maintain Profitability Despite Decline Below $1,700 (NewsBTC)
• Millions of dollars in ETH lie unclaimed in presale wallets — but there's a way to get them back (Cointelegraph)
• Coinbase is open to listing Ethereum PoW fork assets (TB | Cointelegraph | BIC)

ALTCOINS

• Price analysis 8/26: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC (Cointelegraph)
• Dogecoin Co-Founder Rejects $14,000,000 Offer To Promote Much-Hyped Crypto Project Dogechain (TDH)

VASIL HARD FORK

• Cardano hard fork ‘ever closer’ as upgraded SPOs account for 42% of blocks (Cointelegraph)
• Cardano (ADA) Shows Biggest Growth on Market Today, Could Be on Verge of Breakout (UToday)
• Cardano Reveals State of 3 Critical Indicators to Trigger the Long-Awaited Vasil Upgrade (ZyCrypto)

JACKSON HOLE

• Crypto & Stock Markets React to Fed Chair Powell’s Speech on Upcoming Measures to Fight Inflation (BIC)
  

ANALYST'S CORNER

• InvestAnswers: Analyst Says Bitcoin (BTC) Weakening, but Crypto Markets Can Rally This Week After Fed Meeting (TDH)
• Santiment: XRP, Binance Coin (BNB) and Two Mid-Cap Altcoins Flashing Bullish in One Metric (TDH)

NOTABLE VOICES

• Jay Clayton: Former SEC chair calls on U.S. to embrace crypto efficiencies before final regulations (Finbold | Bitcoinist | Cryptoglobe)
• Pascal Gauthier: Don’t trust your coins to anyone, Ledger CEO warns (Cointelegraph)
• Steve McClurg: $1B Crypto Fund Moving Into Bitcoin and Two Ethereum Rivals as One Major Risk Emerges, Says CIO (TDH)
• Bruce Fenton: U.S. senatorial candidate expresses support for Bitcoin says the ‘dollar is a melting ice cube’ (Finbold)

TORNADO CASH & CELSIUS & VOYAGER & 3AC

• Tornado Cash developer was hired by a firm linked to Russia’s FSB security service (Finbold | EWN | Bitcoinist | CryptoPotato)
• Celsius bankruptcy proceedings show complexities amid declining hope of recovery (Cointelegraph)
• Voyager extends deadline for bids to September 6 (TB)
• 3AC’s Zhu was in Bangkok, disputed liquidator’s court filing in Singapore: Report (Cointelegraph)

ETFs

• CME Bitcoin futures see record discount amid 'very bearish sentiment' (Cointelegraph)

PODCASTS

• Unchained: With the Merge, Will Ethereum Take Over Bitcoin’s Title as Digital Gold?
• What Bitcoin Did: Has Ethereum Been State Captured? With Mark Goodwin
• Decrypt Daily: Aug 25: ETH Merge is Coming Sooner
• Bitcoin Magazine: Bitcoin as Legal Tender w/ Lord Norris
• The Wolf Of All Streets: Student Loans, Money Printing, Inflation Reduction Act: Does Crypto Still Fix This? Guests: David Duong (Coinbase), Rich Rosenblum (GSR), Alex Miller (Hiro)
• On The Brink: Weekly Roundup 08/26/22 (Emmer's OFAC letter, Stables resist TC blacklists, Gensler's OpEd)
• Bankless: ROLLUP: BitBoy Lawsuit | Ethereum Merge Updates | Biden Cancels Debt | Tornado Cash Fallout | Pudgy Penguins