This week in The Market Report, Cointelegraph's resident experts discuss what investors can expect from the cryptocurrency market in 2023. Will this bear market continue, or will we see the start of the bull market? It is also discussed which projects have the potential to cause a sensation in 2023.
We start this week's program with the latest news in the markets:
4 'Emerging Narratives' In Crypto To Watch Out For - Business Enterprise
Despite an eventful year filled with crypto crashes and price crashes, Steven Goulden, a senior research analyst at crypto trading firm Cumberland, has pointed to several โgreen shootsโ to surface in crypto in 2023. Be sure to listen to our experts. about which industries have the potential to explode in 2023.
Crypto community expresses Christmas market sentiments: 'No Santa rally'
Traders expecting a rally over Christmas were disappointed as markets held steady as many celebrated the holidays. One community member pointed out that the lack of moves may be due to the controversies surrounding centralized exchanges. Were you expecting a Santa Claus rally like so many others? Let us know by tuning in and making his voice heard in the YouTube chat.
Bitcoin Exchange Withdrawals Plunge To 7-Month Low As Users Forget FTX
bitcoin (BTC) exchange users have completely forgotten about the FTX scandal this Christmas, data shows. According to on-chain analytics firm Glassnode, exchange outflows have now hit their lowest levels in over six months. After seeing an overwhelming rise in light of the FTX crash, BTC withdrawals from exchange wallets have completely reversed the rise, which started around six weeks ago. Are people too comfortable with keeping their coins on exchanges once again? Should everyone really move to offline storage?
CZ Addresses Reasons Behind Binance's Recent FUD
Binance CEO Changpeng "CZ" Zhao took to Twitter on Dec. 23 to Share his perspective on the reasons behind the recent fear, uncertainty, and doubt (FUD) surrounding the cryptocurrency exchange. According to CZ in the thread, Binance's FUD is mainly caused by external factors, not the exchange itself. Is it all the recent bankruptcies or the fact that the community hates centralization? Our experts break down everything CZ had to say.
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 cryptocurrency industry quick and easy tips to get the most out of their experience. This week's tip: Crypto cards.
Market expert Marcel Pechman then carefully examines Bitcoin and Ether (ETH) markets. Are current market conditions bullish or bearish? What is the outlook for the coming months? Pechman is here to break it.
Finally, we have information about Cointelegraph Pro Markets, 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 made the cut.
Do you have a question about a coin or a topic not covered here? Don't worry, join the YouTube chat room and write 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 Gift Shop.
The Market Report is broadcast live every Tuesday at 12:00 pm ET (5:00 pm UTC), so be sure to head over to Cointelegraph YouTube page and break out those Like and Subscribe buttons for all of our future videos and updates.
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