BTC holds crucial support at $40K! | Watch The Market Report with Gareth Soloway

Published at: Sept. 30, 2021

Join Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman on “The Market Report” — which is live right now! Here’s what to expect in this week’s markets news breakdown:

Whales have been busy moving a record amount of Bitcoin (BTC). How will this affect prices?Bitcoin is long overdue for a “FOMO rally” to new all-time highs, according to Bobby Lee, the former CEO of BTCC. Does his claim have merit?Despite China’s crackdown on the crypto industry last week, Bitcoin nodes still appear to be operating in the People’s Republic, proving Bitcoin’s resilience once again.Polygon’s daily active addresses briefly surpassed those of Ethereum. Could this mark a turning point for the network?

Next, trader Gareth Soloway joins the show to discuss the recent correlation between BTC and the stock market, his sentiments toward the current market situation, and his analysis of BTC price action.

Cointelegraph market analyst Pechman then gives a detailed explanation of hash rates, which are the measure of the processing power behind a network’s mining. What does 100 exahashes per second actually mean, and how does Bitcoin compare to other networks?

Using insights from Cointelegraph Markets Pro, a platform for crypto traders who want to stay one step ahead of the market, the Cointelegraph experts identify two altcoins that stood out this week: CELO and RGT.

Then it’s on to the show’s second expert take, this one from Cointelegraph market analyst Finneseth. He gives his insights on how the China ban will impact decentralized exchanges and the decentralized finance (DeFi) ecosystem.

Last is the interactive Q&A segment of the show. If you have a crypto-related question and can’t find the answer, then this segment is for you! Simply write your question in the chat, and the Cointelegraph experts will break it down for you!

“The Market Report” streams live every Thursday at 4:00 pm UTC, so be sure to head on over to Cointelegraph’s YouTube page, and smash that like and subscribe button for all our future videos and updates.

Tags
Bitcoin
Bitcoin Price
Trading
Altcoin
Bitcoin Regulation
Cryptocurrencies
Defi
Investments
Related Posts
BTC crash: Was it actually Evergrande? | Watch The Market Report live w/ Eric Krown
Tune in to watch Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman. Here’s what to expect in this week’s markets news breakdown: After failing to reach $50,000, Bitcoin (BTC) slid back down to $40,000 on Monday before recovering to $44,000. What, or who, was behind this pullback? Dogecoin (DOGE) is gaining popularity even though transaction levels are at a low. Why is this happening? United States President Joe Biden nominated a new head for the Office of the Comptroller of the Currency, Saule Omarova, who is an anti-crypto law professor. If this nomination …
Nft / Sept. 23, 2021
Coinbase has held Bitcoin on its balance sheets since 2012
United States-based cryptocurrency exchange Coinbase has revealed that Bitcoin (BTC) and other crypto assets have been a key component of its corporate treasury since the company's founding back in 2012. In a new announcement addressed to other corporate actors, the exchange presented its own experience in managing its treasury position in cryptocurrencies as a solid foundation for advising other private and publicly traded companies about how to deal with their own prospective investments. In a newly published, highly detailed corporate treasury FAQ, the exchange provides a thorough overview of the kinds of investment, accounting and tax policies that companies would …
Bitcoin / Feb. 25, 2021
Industry experts weigh in on SEC hiring more crypto cops
The United States Securities and Exchange Commission (SEC) is seeking to hire more people to focus on digital assets, raising the number of personnel charged with safeguarding investors in cryptocurrency markets almost twofold. The SEC's Cyber Unit, which comprises the Crypto Assets and Cyber team, is expected to hire 20 new people to increase the overall force to 50 dedicated positions, as reported by Cointelegraph on May 3. This development comes as the regulatory body attempts to keep up with the rise in the popularity of virtual assets. The SEC's decision to expand its cryptocurrency unit has been praised by …
Adoption / May 11, 2022
How to survive in a bear market? Tips for beginners
Usually, bear markets bring about a feeling of uncertainty in any investor. Even more so for a newcomer, for whom it can feel like the end of the world. It may even be common knowledge that during bull cycles, investors are sure of making gains. Whereas in bear markets such as this, an unimaginable amount of pessimism sets in. The co-founder and strategic lead at the Kylin Network, Dylan Dewdney, told Cointelegraph that the two major mistakes that investors make while feeling anxious are “One, over-investing and two, not investing with conviction.” “You need to find the sweetspot where you …
Bitcoin / June 13, 2022
3 key crypto price events to watch in the wake of the FTX and Alameda debacle
Up until the start of this week, Bitcoin (BTC) had been demonstrating record-low volatility, and this gave altcoins enough latitude to paint some nice technical setups. At the same time, on-chain data and technical analysis were beginning to suggest that BTC was midway through carving out a bottom, and many analysts believed that brighter days lay ahead. Fast forward to the present, and the volatility spike the market received actually turned out to be a black swan event. As you already know, FTX is kaput. Alameda Research is kaput. BlockFi has put a stop to withdrawals, citing an inability to …
Bitcoin / Nov. 11, 2022