Crypto Market Dumps After Ethereum Merge, Why? See the market report
On this week’s “The Market Report” show, Cointelegraph’s resident experts discuss why the crypto market is dumping after the Ethereum merger and why the bears are winning.
To kick things off, we’re sharing the latest news on the markets this week:
Biggest Fed rate hike in 40 years? Five things to know in Bitcoin this week
Bitcoin (BTC) faces another week of “major” macro announcements after its lowest weekly close since July. The week’s main event will be the US Federal Reserve’s decision on key interest rates. How will the market react after the new interest rate increases are announced? 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 also discuss the US dollar index and Ethereum’s post-Merge blues. There’s a lot to unpack here, so make sure you stick with the latest information.
Terra co-founder Do Kwon says he’s not ‘on the run’
Do Kwon did not reveal his whereabouts in a series of tweets refuting claims that he had fled Singapore after an arrest warrant was issued on Wednesday. What will be the final result of this whole fiasco? Is it possible for all parties involved to come to a conclusion where everyone is satisfied and justice has been served? Have your say on the matter by telling us what you think in the comments section of the live stream, and we’ll give you a shoutout live!
$160 million stolen from crypto market maker Wintermute
Wintermute, a UK-based cryptocurrency maker, became the latest victim of decentralized finance hacks, losing approximately $160 million, according to Evgeny Gaevoy, the company’s founder and CEO. Another day, another hack in the crypto world. We’ll break down all the details for you and keep you informed of exactly what happened, so you’re up to date.
Michael Saylor Can’t Stop: MicroStrategy Now Has 130,000 Bitcoin
MicroStrategy now owns 0.62% of all Bitcoin that will ever be mined. The company’s executive chairman, Michael Saylor, announced that the company purchased an additional 301 BTC for approximately $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 in excess cash lying around? Let us know in the comments section of our live stream on YouTube.
This week we have something new and fresh for our viewers. Our very own Head of Marketing, Ray Salmond, will join us and bring two special guests: Joe Burnett, Principal Analyst at Blockware Solutions, and Pierre Rochard, Vice President of Research at Riot Blockchain, both of whom have written a report on Bitcoin transaction fees, network security and how attacks on the Bitcoin network may or may not succeed. One of our favorite experts, Marcel Pechman, joins them. It’s going to be an engaging and insightful conversation about Bitcoin mining and security that you won’t want to miss. You can even ask our guests your own questions in the chat section of the YouTube live stream.
Next up is a segment called “Quick Crypto Tips,” which aims to provide newcomers to the crypto industry with quick and easy tips to get the most out of their experience. Tip of the week: scalping.
Finally, we’ve got insights from Cointelegraph Markets Pro, a platform for crypto traders who want to stay one step ahead of the market. Our analysts use Cointelegraph Markets Pro to identify two altcoins that stood out this week: Pangolin’s PNG and Rari Capital’s Rari Governance Token (RGT).
Have a question about a coin or a topic not covered here? Do not worry. Join the YouTube chat room and post your questions there. The person with the most interesting comment or question will receive a one-month subscription to Markets Pro, worth $100.
The Market Report streams live every Tuesday at 12:00 PM ET (16:00 UTC), so be sure to head over to Cointelegraph’s YouTube page, and smash the like and subscribe buttons for all future videos and updates.
