Altcoins

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 succeeds, how significantly will it impact crypto?

Next up, resident experts Pechman and Finneseth take a dive deep into the most important factors driving the markets in back-to-back expert takes. Pechman raises some questions about the practicality of El Salvador accepting Bitcoin as legal tender. Did the country really think it through? Finneseth walks us through the rise and fall of the nonfungible token (NFT) market. New data suggests the market is dying, but is it really?

Up next, the Cointelegraph experts identify two altcoins that stood out this week, Elrond eGold (EGLD) and Axie Infinity Shards (AXS), using insights from Cointelegraph Markets Pro, a platform for crypto traders who want to stay one step ahead of the market.

Finally, the show wraps up with an exclusive guest interview with professional crypto trader Eric Krown. We talk to Crown about trading plans, strategies and which coins he currently trades.

“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.