Matrixport – Ƀitsell X

Matrixport Strengthens European Presence with Acquisition of Swiss Crypto Asset Manager

September 30, 2024

Matrixport, a crypto financial services provider with $6 billion in assets under management, has completed its all-cash acquisition of Crypto Finance Asset Management AG, a licensed Swiss crypto asset manager previously part of the Deutsche Börse Group. Renamed Matrixport Asset Management AG, the unit will continue to provide institutional-grade crypto investment solutions, including managing the…
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Research Firm Predicts Bullish Bitcoin Breakout For Q4: 4 Key Reasons

August 2, 2024

Matrixport, a digital asset financial services group born from Bitmain, an industry leader in Bitcoin mining, projects a bullish breakout for Bitcoin in the upcoming fourth quarter of 2024. In their latest research report titled “Matrix on Target: Bullish Prospects for Bitcoin in Q4,” the firm provides four reasons to be bullish in the upcoming…
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Matrixport Co-Founder Says Crypto Market Mirrors Early June: What This Means

July 2, 2024

In a recent commentary on X, Daniel Yan, co-founder of Matrixport and CIO at Kryptanium Capital, offered a detailed comparison between the current crypto market dynamics and those observed in early June. His insights are especially relevant as the market approaches several key economic releases that could significantly influence the trajectory of major cryptocurrencies like…
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Matrixport Report: Bitcoin’s Target of $63,000 by March 2024 is Achievable

February 23, 2024

A new report from Matrixport predicts that Bitcoin (BTC) could reach a target of $63,000 by March 2024. In its report, Matrixport identified four key catalysts that could propel Bitcoin to new heights, including the recent approval of spot Bitcoin ETFs, the upcoming halving event, and interest rate cuts. Since the SEC greenlighted spot Bitcoin ETFs on January…
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Analysts Predict ‘Higher Crypto Prices in 2024,’ Regardless of Spot Bitcoin ETF Approval

December 15, 2023

Matrixport’s research team has observed a significant increase in U.S. money market fund deposits, doubling since the outbreak of Covid-19. This growth, they believe, bodes well for the continued expansion of the crypto asset market. Analysts anticipate that bitcoin will maintain its upward trajectory, regardless of whether a spot exchange-traded fund (ETF) is approved, citing…
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S2F Creator Plan B’s Prophetic Call — ‘Enjoy Sub-$40K Bitcoin While It Lasts’

November 26, 2023

Willy Woo, an onchain analyst, recently predicted that bitcoin’s value might consistently stay above the $30K mark. Earlier this week, the statement was complemented by Plan B, the developer of the stock-to-flow (S2F) price model, who presented a realized price chart and urged enthusiasts to “enjoy sub-$40K bitcoin … while it lasts.” Bitcoin’s Final Days…
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Spot Bitcoin ETF Odds ‘Might Have Increased To 100%’: Matrixport

November 22, 2023

Matrixport, a leading digital finance platform, today, November 22, released a comprehensive research note focusing on the significant implications of yesterday’s developments in the crypto industry, particularly regarding the prospects of a spot Bitcoin Exchange-Traded Fund (ETF) in the United States. Following the guilty plea of Binance CEO Changpeng Zhao (CZ) and the substantial financial…
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Matrixport Predicts Bitcoin Surge to $56,000 if SEC Greenlights Blackrock’s Bitcoin ETF

October 19, 2023

The cryptocurrency financial services platform Matrixport predicts that bitcoin prices could surge to between $42,000 and $56,000 per unit if the U.S. Securities and Exchange Commission (SEC) approves Blackrock’s spot bitcoin exchange-traded fund. Matrixport Links ETF Inflows to Possible Bitcoin Price Rise In an investor note published on Thursday, the crypto firm Matrixport said the…
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Pantera Capital Predicts Bitcoin to Skyrocket to $148,000 Post-2024 Halving

August 24, 2023

In a recent “Blockchain Letter” to investors, published on August 22, Pantera Capital — a venture capital firm headed by Dan Morehead — has projected that the price of bitcoin (BTC) could soar to $147,843 per coin following the 2024 halving. The firm employed the stock-to-flow (S2F) ratio as a price model to evaluate and…
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Stock-to-Flow Analyst Plan B Predicts Bitcoin’s Price to Reach $40K-$50K at Halving

July 18, 2023

In about nine months, expected near April 24, 2024, Bitcoin is set to experience its fourth block reward halving. Many supporters and market observers anticipate a price increase prior to the event. According to an anonymous market analyst known as Plan B, bitcoin’s price could ascend to between $40,000 and $50,000 in the run-up to…
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