Matrixport

Bitcoin (CRYPTO: BTC) is on track to hit $160,000 by 2025, according to a new Matrixport report. The projection is underpinned by sustained demand for Bitcoin exchange-traded funds (ETFs), a favorable macroeconomic environment, and the continued expansion of the global liquidity pool. The report...

Recent interactions between the U.S. Securities and Exchange Commission (SEC) and several major stock exchanges have sparked optimism about the potential approval of a much-anticipated spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF). SEC staff attorneys from the Division of Trading and...

Crypto markets opened the new year on a high, but the tables have turned only a day after Jim Cramer turned bullish on Bitcoin. What Happened: After Cramer reversed his stance on Bitcoin (CRYPTO: BTC), the cryptocurrency tanked, following a Matrixport report stating a Spot ...

Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency, experienced a dramatic nosedive, plunging over 9% following a report from Matrixport. Released on Wednesday, the report from the financial services firm dampened hopes for the approval of Bitcoin Spot Exchange-Traded Funds (ETFs) in the...

Matrixport revealed in its latest report that January 2024 is likely to see Bitcoin (CRYPTO: BTC) push to $50,000 amid various supporting factors. What Happened: A Matrixport report highlighted that during Asian trading hours, the Bitcoin funding rate peaked at a new all-time...

Digital asset financial services provider Matrixport predicts an explosive January 2024 for the world's premier cryptocurrency Bitcoin (CRYPTO: BTC), with prices potentially soaring above $50,000 fueled by the highly anticipated U.S. regulatory approval of spot Bitcoin ETFs. The report...

Matrixport Head of Research Markus Thielen claimed in his latest Market Overview report that even without a spot Bitcoin ETF approval by the  U.S Securities and Exchange Commission (SEC), Bitcoin (CRYPTO: BTC) prices are likely to witness an increase. What Happened: Thielen stated,...

Just a over month ago, the cryptosphere resembled a post-apocalyptic wasteland. The FTX (CRYPTO: FTT) fallout, regulatory headwinds and global economic tremors had left investors cowering under a blanket of fear. Bitcoin (CRYPTO: BTC), the once-mighty digital messiah, was dethroned, its price...

Following the settlement between Binance (CRYPTO: BNB) and the U.S. Justice Department, the cryptocurrency exchange witnessed a relatively minor outflow of funds — less than $1 billion. Customers, for the most part, didn't panic, and Binance maintains a leading position in the...

A new analysis points to a possibility that Bitcoin's (CRYPTO: BTC) price might see a jump to $56,000, provided the BlackRock Inc (NYSE: BLK) ETF receives approval. The forecast by digital assets financial services platform Matrixport comes in the wake of BlackRock'...

Bitcoin (CRYPTO: BTC) is on the verge of blossoming into a $900 billion asset should the anticipated approval of spot exchange-traded funds (ETFs) come to fruition. That's according to CoinDesk, citing data analytics firm CryptoQuant. The report also anticipates that the total crypto...

As the world witnesses another occurrence of the notorious date, Friday the 13th, speculation emerges about its influence on the financial markets, particularly the cryptocurrency space.  What Happened:  While “Friday the 13th” might conjure memories of the blood-soaked...

In the wake of the FTX era, the conversation around real-world assets anchored on the blockchain has taken center stage. This is particularly notable as treasury yields now surpass the once-lucrative returns in decentralized finance. In the wake of this news, Benjamin Stani, director of...

RockX, a leading name in institutional-grade staking solutions in Asia, has teamed up with Matrixport’s Cactus Custody, Matrixport's esteemed institutional custodian brand, to redefine the landscape of crypto staking. The collaboration is laser-focused on making crypto staking more secure...

Crypto exchange FTX (CRYPTO: FTT) is anticipated to offload approximately $3.4 billion in cryptocurrency to provide its users with fiat currency instead of tokens, a move expected to impact the altcoin market for the remainder of the year, according to a report. The Matrixport report...