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Matrixport
Analyst Who Predicted Bitcoin Reaching $45K Explains Key Drivers Behind Latest Bull Run
Markus Thielen, head of research and strategy at crypto financial services platform Matrixport, joins "First Mover" to discuss bitcoin's (BTC) recent price movements as the largest cryptocurrency by market cap has gained roughly 14% in the past week. Plus, why Thielen anticipates bitcoin reaching $125,000 by the end of next year.
Bitcoin Rally to $42K Fueled by 'Panic Buying,' Pushes Crypto Market Cap Over $1.5T
The combined market value of cryptocurrencies is the highest since May 2022, when Terra's collapse marked the beginning of the crypto winter.
Bitcoin Breakout Toward $45K 'Imminent' Says Matrixport
Polygon's MATIC and Chainlink's LINK led altcoin gains Wednesday afternoon.
Ether Could Hit $3,000 as Soaring Network Activity Turns Token Deflationary
The Ethereum blockchain settled $250 billion of transactions last week, the highest since mid-March, underpinning ether's bullish outlook.
Roger Ver Seeks Winding Up of Matrixport in Seychelles Lawsuit
The investor launched a suit last year in Seychelles against Matrixport subsidiary Smart Vega, which runs Bit.com, for confiscating $8 million, which he says is being kept because Matrixport's Jihan Wu blames him for the collapse of CoinFLEX.
'Santa Rally' Could Propel Bitcoin to $56K by Year-End, Matrixport Says
Bitcoin could rise to $56,000 by Dec. 31, in line with its record of maintaining bullish momentum in final months of the year.
Bitcoin’s Rise Fueled by U.S. Investors Buying Ahead of Potential Spot ETF Approval: Matrixport
While most cryptocurrency owners are based in Asia, the buying power of U.S. traders is much bigger, the report said.
Poor Week for Ether Prompts Research Firm to Reverse Outlook, Advise Favoring Bitcoin Instead
Initial action suggested only very modest interest in the first U.S. futures-based ether ETFs.
Matrixport Sees Bitcoin Mining Companies as a Big Investment Opportunity
Crypto services provider Matrixport predicts there could be compelling investment opportunities in the bitcoin mining space. Matrixport head of research and strategy Markus Thielen discusses the outlook for miners and the potential catalysts that could bring bitcoin's price higher. Plus, Thielen's take on the outlook for crypto ETFs.
FTX Bankruptcy Claims Soar in Value in Over-the-Counter Markets as Estate Recovers $7.3B
One top distressed-debt investor describes FTX claims as the “hottest ticket in town.”
