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Guess what day it is? Humpday! Folks what a head fake that was yesterday? One minute you'd thought we were rallying to $22K and the next minute you thought we were heading to $14K as was being forecasted by Nicholas Merten and Tone Vays. That said, Bitcoin continues to be range bound between $18K and $22K since mid August. 

Meanwhile, we got a slew of news yesterday and it continues to today with FTX reportedly considering bailing out Celsius now that Mashinsky has stepped down as CEO; I assume. The report yesterday about Luna Foundation Guard moving 3,310 is being denied by them but still no words on the whereabouts of Do Kwon.

Podcast of the Day: Bitcoin Fundamentals - BTC097: Central Bank Digital Currencies Vs Bitcoin w/ Sam Callahan (Bitcoin Podcast)

FOLLOW DAT MONEY

Trending

• Stanley Druckenmiller: Predicts Potential Crypto “Renaissance” if Central Bank Faith is Lost (CryptoPotato | Finbold | TDH | Cryptoglobe | Bitcoinist)
• FTX reportedly considers bailing out Celsius via asset bid (Cointelegraph | Blockworks | TB | EWN | TDH | TDH | BNC)
• Bitcoin and Ethereum Plummet 8%, Erasing Yesterday's Bullish Gains (Decrypt | CryptoPotato | Cointelegraph | NewsBTC)

Gaining Traction

• A digital euro would not be used for commercial purposes, ECB's Lagarde says (TB | Finbold | Coindesk | Coindesk)
• India's Directorate of Enforcement freezes $1.5 million in bitcoin linked to money laundering (TB | Coindesk | Bitcoinist | BIC)
• Crypto.com scores fresh regulatory approval in France (Cointelegraph | BIC | TB | Coindesk)

LUNA LUNACY

• Terra LUNA Co-Founder Daniel Shin to Testify at South Korea’s National Assembly (BIC)
• Luna Foundation Guard Denies Moving Assets Linked to Luna’s Do Kwon (EWN | TB)

CRYPTO MARKET

• 2022: The Year Extreme Fear Took Over The Crypto Market (NewsBTC)
• Genesis co-head of sales and trading to step down, take on advisory role (TB | Cointelegraph | CryptoPotato)

BITCOIN & ETHEREUM

Positive

• Bitcoin Withstands Dollar Dominance Better Than Equities, Gold, Etc. (Bitcoinist)
• Investors Sell GBP & EURO For Bitcoin (BTC) In Record Numbers Reaching $881M in Volume (Finbold | EWN)
• Fundamentally Important Bitcoin Metric Reaches Record-Breaking Level (UToday)

Neutral

• Mysterious Bitcoin Whales Move 510 $BTC After Being Dormant for a Decade (Cryptoglobe)
• CF Benchmarks launches bitcoin interest rate curve as lenders continue to increase yields for savers (TB)
• Bitcoin holds $19K, but volatility expected as Friday's $2.2B BTC options expiry approaches (Cointelegraph)
• Don’t Fight The Fed: FOMC Meeting Is Most Volatile For Bitcoin Ever (Bitcoinist)
• The Ethereum Merge: What Is Trading Headed Towards? (NewsBTC)

Negative

• Bitcoin 'great detox' could trigger a BTC price drop to $12K — Research (Cointelegraph)
• Global Financial Markets Struggling: Will Bitcoin Become a Safe Haven Asset? (BIC)
• Bitcoin & The Global Currency Meltdown | BTCUSD September 28, 2022 (NewsBTC)
• Bitcoin price charges higher, but whales line up to sell BTC at $20K (Cointelegraph)
• Ethereum Price May Keep Dropping for This Major Reason, Analyst Says (UToday)
• Number of new ETH addresses per day drops 50% in 24 hours; Price correction ahead? (Finbold)

ALTCOINS/STABLECOINS/CBDCs

• Price analysis 9/28: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB (Cointelegraph)
• 80 Million XRP Shifted by FTX Giant, Here's Where Money Goes (UToday)
• XRP Price Plummets 25% – Will Stellar (XLM) Follow Suit? (BIC)
• Friedman, Former Tether’s Auditing Firm, Faces Over $1.6 In Penalty By SEC (Bitcoinist)
• USDC Is Coming to Cosmos in 2023 (Blockworks | Coindesk)
• The Bitcoin Policy Institute Explains Why CBDCs And The US Are Not A Match (Bitcoinist)
• BIS marks CBDC pilot as ‘successful’ with $22M transacted (Cointelegraph | NewsBTC | CryptoPotato)
• Bitcoin think tank: Reject CBDCs and look to BTC and stablecoins instead (Cointelegraph)
• Cardano Creator Charles Hoskinson Calls CBDCs the ‘Single Most Dangerous Innovation’(TDH | Cryptoglobe)
• Bank of Ghana to foster financial inclusion through CBDC project (Cointelegraph)
• Central Banks of Israel, Norway and Sweden Team Up to Explore Retail CBDC (Coindesk | Cointelegraph)

ANALYST'S CORNER

Positive

• Credible: Crypto Analyst Predicts Parabolic Rally for Bitcoin (BTC) in October 2022 (TDH)
• Dave the Wave: Analyst Who Called May 2021 Bitcoin Crash Predicts Major Shift for the $BTC (TDH)
• CoinMarketCap: Crypto community bearish on the price of XRP by end of October 2022: $.4166 (Finbold | Cryptoglobe)
• CoinMarketCap: Crypto community sets bullish Cardano price for October 31, 2022: $.58 (Finbold)
• Mike Novogratz: Next Bitcoin bull run to be half story, half utility at Token2049 (Cointelegraph)
• Mike Novogratz: Explains Why the Crypto Market Became More Resilient (CryptoPotato)
• Kaleo: Top Crypto Analyst Sees Silver Lining for Bitcoin, Says October Historically Bullish for BTC (TDH)
• Robert Breedlove: Ex-Hedge Fund Manager Makes Massive Eight-Figure Bitcoin Price Prediction for Year 2031 (TDH)

NOTABLE VOICES

• Sam Bankman-Fried: FTX CEO Says He’s Optimistic About Crypto Markets Over the Next Few Years – Here’s Why (TDH)
• Dan Morehead: Pantera CEO Details ‘Biggest Existential Risk’ to Crypto Industry (TDH)
• Sen. Lummis: Calls out U.S. leaders to welcome Bitcoin as it ‘can’t be stopped’ (Finbold | Bitcoinist)
• Raoul Pal: Former Goldman Executive Predicts Economic Collapse, Says He’s Loading Up on Crypto (TDH)
• Jeremy Allaire: Circle CEO says blockchain industry is transitioning from dial-up to broadband phase (Cointelegraph)

ETFs

• Is Short Bitcoin ETF Exposure Gearing Up For A Squeeze? (NewsBTC)

BLOCKCHAINS

• Scaling Ethereum? Arbitrum Co-Founder Says Projects Should Consider 3 'Critical' Points (Decrypt)

MINING

• What You Can Do With Your Old Ethereum Mining Rigs (Decrypt)
• Bitcoin Mining Difficulty Sees First Decrease in 2 Months (CryptoPotato | TB)
• Data: Most Bitcoin Mining Firms Have Lost Money Over The Years (Bitcoinist)
• Bitcoin mining stock report: Wednesday, September 28 (TB)

LEGISLATION/REGULATION

• Regulators must extend existing processes to crypto, BoE's Jon Cunliffe says (TB)
• CFTC's Pham calls for new office focused on retail traders, with eye to crypto protections (TB)
• IRS Wins Court Battle To Access Crypto Bank sFOX’s Customer Records for Tax Investigation (TDH)
• UAE’s minister acknowledges future of crypto lies firmly within the mainstream financial system (Finbold)
• Bank of England Deputy Governor Says Existing Financial Regulations Should Extend to Crypto (Coindesk | Cointelegraph)

LEGAL BATTLES

• Ripple CEO Explains Why He Is So Confident That XRP Is Not a Security (Cryptoglobe)
• China Cracks Down a $5.6 Billion Crypto Money-Laundering Scheme (Report) (CryptoPotato | Bitcoinist | Bitcoinist)

ATTACKS/HACKS/SCAMS

• Lazarus hackers target macOS users luring them with crypto dream job offers (Finbold | Bitcoinist)
• Scam Alert: Elon Musk Crypto Sham Promoted by Compromised Account of Utah Representative (UToday)
• This New Malware Poses Threat to Crypto Wallets, Even Cold Ones (BIC)

LISTEN

• What Bitcoin Did: Bitcoin Privacy Through Statechains with Nicholas Gregory
• Decrypt Daily: Sept 28: Crypto CEO’s Exodus