AI altcoins are pumping — Is this the beginning of the next bull market? The Market Report

This week connected The Market Report, the nonmigratory experts astatine Cointelegraph sermon what artificial quality (AI) altcoins are, what their imaginable benefits are, however they work, and whether they tin beryllium a catalyst for a 2023 bull market.

We commencement disconnected this week’s amusement with the latest quality successful the markets:

BTC terms 3-week highs greet US CPI — 5 things to cognize successful Bitcoin this week

Bitcoin (BTC) starts a caller week connected a promising footing, with BTC terms enactment adjacent one-month highs — but tin it last? The determination precedes a conspicuous macroeconomic week for crypto markets, with the December 2022 Consumer Price Index (CPI) people owed from the United States. Jerome Powell, seat of the Federal Reserve, volition besides present a code connected the economy, with ostentation connected everyone’s radar. Inside the crypto sphere, FTX contagion continues, with Digital Currency Group (DCG) astatine likelihood with organization clients implicit its handling of solvency problems astatine subsidiary Genesis Trading. Our nonmigratory experts instrumentality a look astatine these factors and much arsenic the 2nd trading week of January gets underway.

Digital Currency Group nether probe by US authorities: Report

Crypto conglomerate Digital Currency Group, oregon DCG, is nether probe by the U.S. Department of Justice’s Eastern District of New York and the Securities and Exchange Commission, according to a Bloomberg report. 

The authorities are digging into interior transfers betwixt DCG and its subsidiary crypto lending firm, Genesis Global Capital, according to the report, which cited radical acquainted with the matter. Prosecutors person already requested interviews and documents from some companies, portion the SEC is moving a akin early-stage inquiry.

We sermon what interaction this could person connected the crypto market. Could this enactment a damper connected the existent affirmative inclination successful the crypto space, which is yet starting to spot immoderate green?

5 sneaky tricks crypto phishing scammers utilized past year: SlowMist

We instrumentality a look astatine immoderate of the most common phishing techniques crypto scammers utilized connected victims successful 2022 to assistance you beryllium much alert and cautious erstwhile dealing successful the abstraction and hopefully prevention you from immoderate imaginable scams oregon rug pulls successful 2023.

Our experts screen these and different processing stories, truthful marque definite you tune successful to enactment up-to-date connected the latest successful the satellite of crypto.

Next up is simply a conception called “Quick Crypto Tips,” which aims to springiness newcomers to the crypto manufacture speedy and casual tips to get the astir retired of their experience. This week’s tip: Chasing the whale.

Market adept Marcel Pechman past cautiously examines the Bitcoin and Ether (ETH) markets. Are the existent marketplace conditions bullish oregon bearish? What is the outlook for the adjacent fewer months? Pechman is present to interruption it down.

Lastly, we’ve got insights from Cointelegraph Markets Pro, a level for crypto traders who privation to enactment 1 measurement up of the market. Our analysts usage Cointelegraph Markets Pro to place 2 altcoins that stood retired this week, truthful marque definite to tune successful to find retired which ones made the cut.

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The Market Report streams unrecorded each Tuesday astatine 12:00 p.m. ET (5:00 p.m. UTC), truthful beryllium definite to caput connected implicit to Cointelegraph’s YouTube page and smash those Like and Subscribe buttons for each our aboriginal videos and updates.