Business
FTX.US acquires Bitcoin derivatives platform LedgerX
FTX .US’ owner West Realm Shire Services has executed a sale and purchase agreement to acquire LedgerX’s parent company Ledger Holdings.

Visa Buys NFT of Digital Avatar With Mohawk for $150,000
The payments network shelled out for a CryptoPunk of a woman with clown-green eyes and “hot lipstick.”

Tezos selected to enable smart contracts for leading european banks
Crypto Finance Group, InCore Bank, and Inacta are selecting Tezos to enable innovative, compliant on-chain digital financial products through a new token

Twitter appears to be adding the ability to tip using Bitcoin
According to reports, Twitter is trialling out a service that will let you tip other users in bitcoin over the Lightning Network.

MUFG boosts its crypto exposure following $41M Zipmex funding round
Zipmex is currently the only digital assets platform that has been licensed in Thailand. It also operates in Singapore, Australia and Indonesia.

Markets
Bitcoin & Ethereum Analysis 35
BitcoinBitcoin Bullish Short Term ChartI have relabeled the chart to show thecompletion of the first wave up from the July lows. I believe we are tracing outa wave 2 correction which could see a sell off in the form of a zigzag to aroundthe 45′000 level. If we fail to break 46′400 I expect to se…

Bitcoin price turns to test lower support levels as $50K stays out of reach
Bitcoin price action heads lower, with BTC firmly uninterested in a $50,000 resistance flip.

TA: Ethereum Bulls Keeps Pushing, Why Rally Isn’t Over Yet
Ethereum started a steady increase and it cleared $3,400 against the US Dollar. ETH price is showing positive signs and it might accelerate further above $3,500.

US: A historic gold investor is now buying Bitcoin (BTC) | CryptoSlate
Texas-based investment management firm US Global Investors has bought significant exposure to Bitcoin by investing in Grayscale funds.

Regulations
Bitcoin Lobby Fails to Sway House to Amend Crypto Tax Rules - Decrypt
The crypto tax reporting requirements tucked into the $1 trillion infrastructure bill are moving one step closer to becoming law.

David Z. Morris: The Dawn of Bitcoin Geopolitics - CoinDesk
Latin American leaders have faced decades of repression by the United States. Bitcoin gives them a way to fight back.

Opinions
Why bitcoin and crypto are scoring a boost from Powell’s dovish Jackson Hole remarks
Bitcoin prices and the broader complex of virtual currencies were on the rise and the U.S. dollar was lower Friday, after a speech from the Federal Reserve...
Podcasts / Readings
August 2021 Newsletter: Supply Chain Woes
