Banking
Analysis
Research: On-chain Bitcoin metrics suggest the bottom is not in
On-chain analysis suggests the price of Bitcoin may fall lower than the $17,700 local bottom reached in June.
Culture
El Salvador’s US Ambassador credits Bitcoin with reversal of social decline
Bitcoin is credited with boosting vistors to El Salvador and generating more money than the current unrealized loss on BTC holdings.
Adoption
The case against BlackRock’s foray into Bitcoin
Institutional investors are generally seen as good for cryptocurrency, bringing benefits such as added legitimacy and capital inflow. But there is growing acknowledgment that this comes at a price.
Legal
Twitter influencer Hodlonaut drums up support ahead of Craig Wright trial
Magnus Granath, AKA @Hodlonaut, brought legal proceedings against Craig Wright for a trial starting September 12.
Analysis
Crypto markets plunge as Euro trading hours start, Bitcoin loses support at $22,000
Crypto markets sell-off amid unknown factors at this time.
Technology
Algorand leads quantum-proof technology with development of Falcon
John Woods, CTO at the Algorand Foundation, said Falcon signatures will roll out across several applications starting with "State Proofs."
Regulation
Vitalik cheers Ethereum community push back over harsh Canadian crypto rules
The Ontario Securities Commission has implemented CAD$30,000 annual buy limits for some Canadians, drawing criticism from across the community.
Culture
Manchester United loses against Bitcoin too — Elon would have been over 6,000x better off buying BTC
Elon Musk quipped about buying Manchester United. However, $100 invested in Manchester United at its IPO would have netted just $98 at its peak price.
Censorship
Bitcoin Lightning Network at regulatory risk after Tornado Cash saga
Patrick Hansen fears the heavy-handed approach against Tornado Cash may spill over to the Bitcoin Lightning Network.
Merge
Research: Options market analysis suggests Ethereum’s Merge may be a ‘buy rumor, sell news’ event
The Volatility Smile charts for September and October show dramatic differences that suggest options traders are expecting Ethereum to drop post Merge.
Layer-2
Dogecoin team warns Dogechain is ‘another knockoff token’
Dogechain will offer DOGE holders access to DeFi, NFTs, and gaming, but Dogecoin warn not to risk your DOGE.
Adoption
Kevin O’Leary says sovereign wealth funds want Bitcoin
Kevin O'Leary said several sovereign wealth funds "want Bitcoin," but regulatory uncertainty is holding things back.