In this week’s edition of the Market Report, regular Cointelegraph experts discuss why the crypto market has plummeted after the Ethereum merger and major headlines in the crypto space.
In this week’s Market Report program, regular Cointelegraph experts discuss why the crypto market fell after the Ethereum merger and why the bears gained.
First of all, we will talk about the latest developments in the markets this week:
Biggest Fed rate hike in 40 years? Five things to know about Bitcoin this week
After the lowest weekly close since July, it expects another week of “massive” macro announcements. The main event of the week will be the Federal Reserve’s decision on key interest rates. How will the market react after the announcement of a new rate hike? Is there hope for a pump or will we continue this downward trajectory? Will $18,000 Bitcoin be the new normal? When can we expect to see the real bottom? We will also discuss the US dollar index and post-merger Ethereum blues. There’s a lot to unpack here, so stay tuned for the latest information.
Terra co-founder Do Kwon says no ‘leak’
Do Kwon did not disclose his whereabouts in a series of tweets denying allegations that he fled Singapore after an arrest warrant was issued on Wednesday. What will be the final result of this fiasco? Can all parties involved conclude that everyone is happy and that justice has been served? Let us know your thoughts in the comments section of the live stream and we’ll keep you posted live!
$160 million stolen from market maker Wintermute
According to Evgeny Gaevoy, founder and CEO of the company, Wintermute, a UK-based cryptocurrency market maker, was the latest victim of a decentralized finance hack, losing around $160 million. Another day, another hack in the crypto world. We explain all the details for you and let you know exactly what happened to keep you informed.
Michael Saylor Can’t Stop: MicroStrategy Now Stores 130,000 Bitcoins
MicroStrategy currently owns 0.62% of all bitcoins ever mined. Michael Saylor, the company’s chairman of the board, announced that the company has purchased another 301 BTC for about $6 million at an average price of $19,851 per BTC. What do you think of Michael Saylor’s latest move and what would you do if you had $6 million to spare? Let us know in the comments section of our YouTube live stream.
We have something new and fresh for our audience this week. Our own Market President, Ray Salmond, will be attending and bringing with him two special guests: Blockware Solutions Principal Analyst Joe Burnett and Riot Blockchain Research Vice President Pierre Rochard, who have both written a report on Bitcoin. Transaction fees. network security and how attacks on the Bitcoin network can succeed or fail. They will be joined by one of our favorite experts, Marcel Pechman. This will be a fun and informative talk about bitcoin mining and security that you won’t want to miss. You can even ask our guests questions from the YouTube Live Chat section.
Then there’s a section called “Quick Crypto Tips” that aims to provide quick and simple tips for newcomers to the crypto industry to get the most out of their experience. Tip of the week: scalp flotation.
Finally, we heard from Cointelegraph Markets Pro, a platform for crypto traders who want to stay one step ahead of the market. Our analysts are using Cointelegraph Markets Pro to identify two top altcoins this week: Pangolin’s PNG and Rari Capital’s Rari Governance Token (RGT).
Have a question about the coin or a topic not covered here? Don’t worry. Join the YouTube chat and post your questions there. The person making the most interesting comment or question will receive a $100 monthly subscription to Markets Pro.
The market report goes live every Tuesday at 12:00 pm ET (16:00 pm UTC), so be sure to check the Cointelegraph YouTube page and hit the Like and Subscribe buttons for all our upcoming videos and updates.