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Finance

SEC Likely to Approve Several Spot ETFs, Sparking Next Bitcoin Rally: Matrixport

A report from the firm cited how big Grayscale Bitcoin Trust was at its peak.

Bitcoin's price will go up if the SEC approves spot bitcoin ETFs, Matrixport said. (Unsplash)

Markets

Bitcoin Bulls Should Switch to Call Options, Crypto Services Provider Matrixport Says

Lower volatility has made option prices cheaper, Matrixport's Markus Thielen said.

Matrixport has advised jumping to bullish bitcoin call options as low volatility has made option prices cheaper. (CoinDesk/Highcharts.com)

Markets

Bitcoin Could Rally to $125K by End-2024: Matrixport

The forecast is consistent with bitcoin's tendency to chalk out sharp gains in the months after the mining reward halves. The fourth halving is due early next year.

Bull, bullish

Videos

Bitcoin Bulls Getting Ready for Seasonal Surge: Matrixport

The Nasdaq exchange has refiled its application to list BlackRock's proposed spot bitcoin ETF, joining rivals in naming Coinbase as its surveillance-sharing partner. Matrixport Head of Research and Strategy Markus Thielen discusses what to make of the ETF race and his crypto markets outlook for July, explaining why bullish bitcoin investors could be preparing for a "seasonal surge." Plus, what to expect from the Fed's June meeting minutes.

Recent Videos

Markets

Bitcoin Bulls Getting Ready for Seasonal Surge: Matrixport

The largest cryptocurrency by market cap tends to rally in the month of July, the report said.

bull and charts (Shutterstock)

Videos

Matrixport's Bitcoin Greed and Fear Index Surpasses 90%, Suggests Bull Breather Ahead

Bitcoin (BTC) has chalked up a more than 20% price gain since last Thursday. The exuberant rally may now take a customary breather. CoinDesk's Jennifer Sanasie presents "The Chart of the Day," showing Matrixport's bitcoin Greed & Fear Index (GFI) has jumped from under 10% to 93% in roughly one week.

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Markets

Matrixport's Bitcoin Greed & Fear Index Surpasses 90%, Suggests Bull Breather Ahead

Historically, an above 90% reading on the index has coincided with interim market tops.

(Getty)

Videos

Bitcoin Miners Likely Selling Their Output at the $28K Level: Matrixport

Bitcoin (BTC) is experiencing selling pressure at the $28,000 price level, and miners may be responsible, crypto services provider Matrixport said in a new report. Miners are being forced to liquidate any new bitcoin mined as margins have narrowed in recent weeks, the report said. "The Hash" panel discusses the key takeaways and what it suggests about the state of bitcoin mining operations.

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Finance

Matrixport Integrates With Copper’s ClearLoop on Prime Brokerage Offerings

The collaboration will see Matrixport working with Copper’s ClearLoop to offer institutional clients off-exchange settlement.

(Matrixport)

Markets

Bitcoin Could Rally 20% to Around $36K: Matrixport

The Fed’s latest interest rate hike may be the last for this cycle, which could set the market up for another strong rally, the report said.

(Getty Images)

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