In this week’s market report, Cointelegraph’s resident expert explores what artificial intelligence (AI) altcoins are, what their potential benefits are, how they work, and how they can be catalysts for the 2023 bull market. Discuss whether it is possible.
This week’s show starts with the latest news on the market.
BTC Price Hits 3-Week Highs With US CPI — 5 Things You Need To Know About Bitcoin This Week
Bitcoin (Bitcoin) starts the new week on a promising footing, with BTC price action nearing a one-month high, but will it continue? is set to be announced from the United States, ahead of a prominent macroeconomic week for the cryptocurrency market. Federal Reserve Chairman Jerome Powell also gave a speech on the economy, and everyone is looking at inflation. In the crypto space, the FTX contagion continues, with Digital Currency Group (DCG) at odds with institutional investors over handling solvency issues at its subsidiary, Genesis Trading. Resident experts will examine these factors and more as the second trading week in January begins.
Digital Currency Group Under Investigation By US Authorities: Report
Cryptocurrency conglomerate Digital Currency Group (DCG) is under investigation by the US Department of Justice’s Eastern District of New York and the Securities and Exchange Commission. according to to Bloomberg reports.
Authorities are investigating internal transfers between DCG and its subsidiary, crypto lending firm Genesis Global Capital, according to a report cited by a person familiar with the matter, prosecutors have already interviewed the two companies. and the SEC is conducting a similar early-stage investigation.
We discuss how this could affect the crypto market. Could this put a brake on the current positive trend in the crypto industry that is finally starting to look green?
5 sneaky tricks crypto-phishers used last year: SlowMist
Let’s take a look at some of the most common phishing techniques used by cryptocurrency scammers on their victims in 2022 to raise awareness and be cautious when trading in this space and avoid possible scams and lag pulls in 2023. I hope to save you.
Our experts cover these and other developing stories, so stay up to date with the crypto world.
Next up is a segment called ‘Quick Crypto Tips’, which aims to give newcomers to the cryptocurrency industry quick and easy tips to get the most out of their experience. Tip of the week: Chase whales.
Next, market expert Marcel Peckmann takes a careful look at Bitcoin and Ether (ethereum)market. Are current market conditions bullish or bearish? What’s the outlook for the next few months? Peckman is here to break it down.
Finally we got an insight Cointelegraph Market Pro, a platform for crypto traders who want to stay ahead of the market. Our analyst used Cointelegraph Market Pro to identify two of his altcoins that stood out this week.
Have a question about a coin or topic not listed here? Join our YouTube chat room and post your questions. The person with the most interesting comment or question has a chance to win her 1 month subscription to Markets pro worth $100.
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