Matrixport News

Matrixport analysts have published a new report with an updated Bitcoin (BTC) price forecast for the near future. According to a new Matrixport document, experts believe BTC’s goal of reaching $63,000 in March 2024 is achievable. In their opinion, there…

After market uncertainty stemming from a Matrixport report, Coingecko, the worldwide data aggregator, reports Bitcoin has once again returned to $44,000.

The crypto market declined after the Matrixport report, raising questions about its vulnerability to manipulation and external influences. On Jan. 3, the crypto market cap plummeted by over 6%, erasing over $100 billion in value, a phenomenon that coincided with…

Bitcoin fell about 10% in three hours earlier today, but market data sheds some light on this unexpected change of direction.

Matrixport analysts expect the U.S. Securities and Exchange Commission (SEC) to reject all Bitcoin (BTC) spot ETFs in January. In the latest Matrix report, “Why the SEC will REJECT Bitcoin Spot ETFs again”, analysts predict that all applications for spot…

Matrixport's track record includes successful predictions, with two out of six already realized, underscoring the anticipation surrounding their latest forecast of Bitcoin reaching $50,000.

Bitcoin’s market capitalization has experienced substantial growth in 2023, rising from $320 billion to $827 billion, an increase of $500 billion for BTC holders, Matrixport says. In a recent report by Matrixport, the Singapore-headquartered crypto investment firm argues that significant…

A Matrixport report indicates publicly-listed crypto companies have outperformed Bitcoin’s year-to-date returns. Bitcoin-focused firms such as crypto miners and crypto exchanges (e.g. Coinbase) demonstrated a notable performance that surpassed Bitcoin’s returns themselves. As per a Matrixport report, a group of…

Analysts at Matrixport believe that Bitcoin can reach $60,000 by April 2024 and double that price mark by the end of that year. The year of 2023 was the first bull year in a series of cycles, which usually come…

Analysts at Matrixport do not rule out there will be pressure to ‘right-size’ Binance. With Changpeng Zhao leaving Binance as its Chief Executive Officer (CEO), the crypto exchange will likely have from two to three years before competition in the…

Crypto services provider Matrixport insists Bitcoin is still on track to reach $45,000 by the end of the year. Bitcoin (BTC) will keep growing to $45,000 this year as futures funding rates signal bullishness among traders. As crypto services provider…

Ant Group, the Chinese fintech giant, is reportedly set to divest its investment in A&T Capital, marking a significant retreat from a $100 million venture central to its crypto strategy. This announcement represents a step back from a $100 million…

Crypto financial services company Matrixport, co-founded by Jihan Wu, has joined the list of companies carrying out job cuts.

Cryptocurrencies are creating unprecedented opportunities for everyone, regardless of their geographical location. Anyone can make investments in crypto, and it doesn’t matter their experience, geographical location, or academic qualifications.  Because of the privacy preservation baked-in in the underlying base layer…

Crypto exchange Titan, Binance, and Jihan Wu’s Matrixport have joined in on a $200 million Series B round for Mars Finance: a Chinese media firm that aims to bring more clarity and information to the space. According to Bloomberg, Mars…