This week on The Market Report, experts from the Cointelegraph team discuss the real reasons behind the recent rise in market prices. Can this lead to Bitcoin (BTC) at $25,000 and beyond, or will some unforeseen crash the party? Tune in to find out.
We start this week’s program with the latest market news:
Stablecoin Data Points to a “Healthy Appetite” by Bulls and a Possible Bitcoin Rally to $25,000
Bitcoin rose 11% between January 20-21, reaching the $23,000 level and breaking bear expectations for a pullback to $20,000. Even more notable is that the move drew demand from Asia-based retail investors, according to data from a key stablecoin premium indicator. Another bullish piece of news came on January 20, when US Federal Reserve Governor Christopher Waller reinforced market expectations of a 25 basis point interest rate hike in February. Are these and other odds in favor of a rally to $24,000 or even $25,000?
SEC commissioner reiterates “the importance of cryptocurrencies” in a market that aspires to recover
Hester Peirce, a commissioner at the US Securities and Exchange Commission, said that after a terrible year, industry players need to remember what crypto is really about. In a speech at the Digital Assets at Duke conference, Peirce laid down some lessons to be learned from the issues that the crypto industry had to face last year. According to the commissioner, 2022 was a “terrible, horrible, no good, very bad year” for both the crypto space and regulators. However, Peirce believes there are valuable takeaways from the series of problems that arose last year. To find out what she thinks crypto is really about, make sure to tune in to the live show.
Hester Peirce, commissioner of the US Securities and Exchange Commission, said that after a dismal year, industry players need to remember what the crypto market is really about. In a speech delivered at the conference Digital Assets at Duke, Peirce laid out some lessons to be learned from the problems that the crypto industry had to face last year. According to the official, 2022 was a “terrible, horrible, not good, very bad year” for both the crypto space and regulators. However, Peirce believes that valuable lessons can be drawn from the series of problems that have arisen in the past year. To find out what she thinks crypto really is, be sure to tune in live.
Bitcoin Price Holds Near $23,000 as Data Shows Holders Are Not Selling Their BTC
With BTC up 40% in January, a further point of concern focused on the temptation to take profits. In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode nonetheless pointed out that long-term holders remained broadly steadfast in their resolve not to exit the market—even after more than a year of losses. Is this another sign of strength and conviction across the crypto space? Our experts break it down for you.
With BTC soaring 40% in January, another cause for concern centered on the temptation to take profits. In the latest issue of your weekly newsletter, “The Week On-Chain”, analyst firm Glassnode noted that long-term investors were sticking to their decision not to exit the market, even after more than a year of losses. Is this another sign of strength and conviction in the crypto space? Our experts analyze it for you.
Our experts cover these and other developing stories, so be sure to tune in to stay up to date on the latest in the world of cryptocurrency.
Next up is a segment called “Quick Crypto Tips,” which aims to give newcomers to the crypto industry quick and easy tips to get the most out of their experience. This week’s tip: What is cryptocurrency copy trading?
Next, a segment called “Quick Crypto Tips”, whose goal is to give newcomers to the crypto industry quick and easy tips to get the most out of their experience. This Week’s Tip: What Is Crypto Copy Trading?
Below, market expert Marcel Pechman takes a closer look at the Bitcoin and Ether (ETH) markets. Are the current market conditions bullish or bearish? What are the prospects for the coming months? Pechman explains everything to us.
Finally, we have the opinions of Cointelegraph Markets Pro, a platform for cryptocurrency 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, so be sure to tune in to find out which ones passed the test.
Do you have a question about a coin or topic that wasn’t covered? Don’t worry: jump into the YouTube chat room and leave your questions there. The person with the most interesting comment or question will have a chance to win a $50 gift certificate to the Cointelegraph Merchandise Shop.
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