Matrixport

Matrixport, a crypto service provider overseeing over $3 billion in assets, is out with its latest call on Bitcoin (CRYPTO: BTC) following its decline in August. The company sees potential in purchasing during this downturn but emphasizes the importance of a strict stop loss. On Aug. 15,...

Crypto-services provider Matrixport on Thursday said that the U.S. Securities and Exchange Commission (SEC) might greenlight multiple spot bitcoin exchange-traded funds (ETFs) in the near future. This move could potentially boost the value of the leading cryptocurrency, Coindesk reported....

Matrixport, a provider of cryptocurrency services, has projected that Bitcoin (CRYPTO: BTC) could potentially reach a value of $125,000 by the end of 2024. This optimistic prediction is based on historical data indicating that a prolonged bullish trend, characterized by a significant increase...

Matrixport, a provider of crypto-related services, indicated that the current market pressure faced by Bitcoin (CRYPTO: BTC) at the $28,000 mark could be attributed to miners needing to liquidate their newly acquired assets. This necessity for liquidation, Coindesk reported, is due to the...

Cryptocurrency services provider Matrixport analyzed the potential market impact of the Mt. Gox haul and concluded that it would have a limited effect on Bitcoin's (CRYPTO: BTC) price. However, investors should still be aware of the eventual distribution of the 850,000 stolen Bitcoin from...

Bitcoin (CRYPTO: BTC) may be well on its way to reaching the $45,000 mark by the end of the year, according to Markus Thielen, chief researcher at Matrixport, a crypto-financial service platform.  What Happened:  In a LinkedIn post on Wednesday, Thielen said that Bitcoin’s current price...