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Welcome to Thursday Folks! As I mentioned yesterday, if Bitcoin could push through $21.5K with volume (and it did,) $23K would be in play. Well here we are, next stop $30K with a potential MACD crossing in the next day or so. However, if the news comes out that we are in a recession and we 99.9% will be - how will that impact this bullish momentum? Dunno. But the weekly is looking good for the next level of strong resistance to be around $30K. As I mentioned before I still believe the bottom is in and this is a continuation of the recovery that started on 20 Jun 2022. 

Shorts got liquidated with this pump and some alts are seeing gains as well. Ethereum continues to out perform the top 10 being up nearly 10% in the past 7 days. Meanwhile, Michael Saylor questions its soundness and Raoul Pal continues to be mega bullish on the asset. Outside of that, not really a lot of other big news so, take some time to scan through the rest of the news. Read, Watch, and LISTEN! 

Bitcoin Price: $23,053.55

NOTICE FOR SMS Members: Effective Friday (tomorrow) I will no longer use the Community SMS platform to send out news alerts; due to regulatory requirements I am unwilling to comply with. As a result for those of you who still desire to get news alerts, download Keybase.io. This is a blockchain based platform and highly secure built on the Stellar network. You can connect with me on there by searching for "Cryprocurator" (yes it is mispelled lol) Sorry for the inconvenience. 

CRYPTO MARKET

• Crypto Markets Add $100 Billion Following the Fed’s 75 BPS Rate Hike (CryptoPotato | Finbold)
  
• Over $202M in Short Bitcoin, Ethereum Positions Liquidated Amid Bullish Move (Decrypt)
• 50% of gig workers prefer portion of salary payment in crypto, study reveals (Finbold)

BITCOIN RIPS HIGHER ON FEDERAL RESERVE RATE HIKE

BITCOIN & ETHEREUM

Positive

• 3 Bitcoin trading behaviors hint that BTC’s rebound to $24K is a ‘fakeout’ (Cointelegraph)
• Bitcoin Bounces Off Consolidation Range, What Lies In Store? (NewsBTC)
• Bitcoin rallies after Fed interest rate hike, but bears can still win Friday’s $1.76B options expiry (Cointelegraph)
• Bitcoin (BTC) Moves Above Its Realized Price (BIC)
• Bitcoin ‘bear market rally continues’ after BTC price jumps to $23.4K (Cointelegraph)
• Ethereum Pumps Past $1,700—Is the Merge Surge Back On? (Decrypt | UToday | UToday)
• Ether Poised To Take Out All-Time Highs As Devs Implement Shadow Fork 10 In Lead-Up To The Merge (ZyCrypto)
• How Crypto Bull Markets Have Been Influenced and Driven by Ethereum (BIC)

Neutral

• Bitcoin Awaits US GDP After Biggest Single-Day Gain in 6 Weeks (Coindesk)
• Can Ethereum hit $4,000 by the end of 2022? Here’s what the experts say (Finbold)

Negative

• Bitcoin price battles $23K as data says US in 'technical recession' (Cointelegraph)
• Bitcoin Breaks Extremely Important Price Level: Details (UToday)
• Critic of Bitcoin’s ‘one-percenters’ still positive about future of digital assets (Cointelegraph)

ALTCOINS & STABLECOINS

• Enormous 40 Million XRP Shoveled to Centralized Exchange, Here's Why (UToday)
• XRP’s New Momentum Leaves Solana And Cardano In The Dust As Ripple Eyes ‘Big Win’ In SEC Case (ZyCrypto)
• Cardano ($ADA) Trading Volume Drops to 6-Month Low as Social Media Popularity Dwindles (Cryptoglobe)
• Will Cardano Be Listed on Robinhood? Here's What Community Thinks (UToday)
• Solana ($SOL): 3 ‘Critical Events’ That Could ‘Bring Significant Activity and Value’ (Cryptoglobe)
• Can DOGE hit $0.1 by the end of August? Here’s what the crypto community says (Finbold)
• New Report Predicts USDC To Soon Replace USDT, What’s The Ground Reality? (Bitcoinist)

ANALYST'S CORNER

• Justin Bennett: Widely Followed Crypto Analyst Explores How Long Bitcoin, Ethereum and FTX Token FOMC Rallies Can Last (TDH)
• Tone Vays: Trader Says Bitcoin Needs Miracle To Turn Bullish Again, Lays Out Downside Target for BTC (TDH)
• Michael van de Poppe: Crypto expert hints altcoins are ‘ready to run another 100-200%’; Here’s why (Finbold)
• Santiment: Cardano Leading Bitcoin, Ethereum, Polkadot and Two Altcoins in One Metric (TDH)
• Guy: Crypto Yet To See ‘Peak Capitulation’ According to Coin Bureau (TDH)
• Coinmarketcap: Can Solana hit $100 by the end of August? Here’s what the crypto community says (Finbold)

NOTABLE VOICES

• Mark Yusko: Is the end of this crypto winter in sight? (Cointelegraph)
• Michael Saylor: MicroStrategy CEO Questions the Soundness of Ethereum (Cryptoglobe | Coindesk)
• Albert Isola: 'I have Bitcoin for the benefit of my kids,' says Gibraltar MP (Cointelegraph | Cryptoglobe)
• Scott Minerd: The Crypto Crash Will Flush Out Bad Projects, Predicts Guggenheim’s CIO (CryptoPotato)
• Michael Burry: ‘Big Short’ investor says SEC lacks the ‘IQ points’ to probe Coinbase (Finbold)

ETFs

• Elevated Bitcoin Open Interest Levels Puts Market In Vulnerable Position (NewsBTC)
• Jacobi’s New CEO To Oversee Europe’s First Bitcoin ETF, Future Crypto Funds (Blockworks)
• CME crypto futures see record activity during bear market (Cointelegraph)
• $1.26B in Ethereum options expire on Friday and bulls are ready to push ETH price higher (Cointelegraph)
• Ether Dominates Futures Trading as Shorts See $200M in Liquidations (Coindesk)
  
• Australia Gets First Unlisted Crypto Fund Safeguarded by Gemini (Blockworks)

CEFI CONTAGION

• Sky-High Yields and Bright Red Flags: How Alex Mashinsky Went From Bashing Banks to Bankrupting Celsius (Coindesk)
• Celsius also hit by Customer.io email data breach (TB | Blockworks)
• Celsius and BitConnect: Not So Different? (Coindesk)
  
• US Fed, FDIC accuse Voyager Digital of 'false and misleading' insurance claims (TB | Blockworks)
• Crypto Firms Reckon With Risk Following Collapse (Blockworks)

METAVERSE

• $ADA: Fashion Firm Is Using Cardano NFTs for Proving a Garment’s Provenance (Cryptoglobe)
  

BLOCKCHAINS

• Ethereum Daily Active Addresses at ATH But There’s More (UToday | CryptoPotato)
• Ethereum dev confirms Goerli merger date, the final update before the Merge (Cointelegraph | TB)
• $ADA: Why Cardano Is ‘Uniquely Positioned to Withstand a Climate Emergency’ (Cryptoglobe)
• Solana Foundation Opens Retail Outlet in Hudson Yards (BIC)

EXCHANGES

• Whistleblower says Coinbase has ‘insider trading’ problem, calls out inaction (Finbold)
• FTX.US Introduces Stock Trading for US Residents (BIC | Coindesk)
• After weeks of rumors, Thai crypto exchange Zipmex files for bankruptcy in Singapore (TB | EWN | Coindesk | Cointelegraph | BIC | Bitcoinist)
• CoinGecko open to acquisition but now is ‘too early,’ co-founder says (Cointelegraph)

MINING

• Declining Bitcoin Mining Difficulty May Give Struggling Miners A Fighting Chance (Bitcoinist)
• Bitcoin mining stock report: Thursday, July 28 (TB)
• Crypto mining still profitable in the long-term, expert says (Cointelegraph)
• Bitcoin Miner Revenues See Double-Digits Increase As Price Recovers (Bitcoinist)

LEGISLATION/REGULATION

• Democratic senators chide Fidelity Investments for BTC-exposed retirement funds (Cointelegraph | Bitcoinist | TDH)
• US lawmaker calls for Apple and Google to provide info on fake crypto apps (Cointelegraph)
• Sen. Brown: Regulators must 'do more' to prevent crypto scams (TB)
• Stablecoin Bill Officially Delayed Past August, Committee Chairwoman Says (Coindesk)
• Ripple CEO claims SEC ‘massively overstepped’ and the law is ‘on our side’ (Finbold)
• Ripple v. SEC: Plaintiff Goes "Completely" Out to Stop Release of Hinman Emails (UToday)
• Ripple Scores Yet Another Win As Court Deals Blow To SEC’s Bid To Remove 67,000 XRP Holders From Suit (ZyCrypto)
• Law Commission of England and Wales Sees Crypto as a New Type of Property (Cointelegraph | Coindesk | Finbold | TB | BIC)

PODCASTS

• The Pomp Podcast: #1061 Alyse Killeen On Investing In Bitcoin’s Layer 3
• The Wolf Of All Streets: Coinbase's Top Researcher On When To Expect Institutional Investors To Adopt Crypto | David Duong
• What Bitcoin Did: The Role of Bitcoin Maximalism Part 2 with Pete Rizzo
• Decrypt Daily: July 27: $50 Tax Free Crypto Transactions is a Dumb Idea