News list for "Matrix port"
According to Matrixport's daily chart analysis, bitcoin ETFs have attracted a total of $11.20 billion in new inflows over the past eight weeks, yet the price of the currency has only risen by about 10%. This lackluster rise may reflect some market participants taking advantage of the situation to sell or re-enter the market after waiting and seeing. Overall, the bullish logic still holds: the bitcoin market has formed stable buying support. Despite the changing sources of buying, ETFs have seen ...
Matrixport published a daily icon analysis saying that Ethereum's funding rate has surged to 13.7% - the highest level since February, which typically attracts inflows from Ethereum ETFs, which are often seen as a positive sign. More importantly, however, the amount of futures unpositioned squaring contracts is approaching its December 2024 peak, suggesting that leveraged futures traders rather than spot buyers are the main driver of current price action. This is related to bit...
Matrixport released a daily icon analysis saying, "Bitcoin has broken through its short-term downtrend, showing signs of a bullish breakout from the finishing triangle, a pattern typically associated with a continuation of the trend. Although we initially expected a calmer summer, the strength of this rally suggests that new money is chasing up, while tariff-related concerns are fading. Even if this week's CPI data is expected to bring some upward pressure, it is unlikely to...
Matrixport wrote on the X platform that Circle's valuation has risen to $24 billion with its blockbuster IPO, which is nearly 20 billion higher than the proposed acquisition price of Coinbase a month ago. In hindsight, the offer at that time was undoubtedly the "bottom fishing price". And the success of this IPO has undoubtedly rekindled Wall Street's enthusiasm for crypto stocks. Despite the impressive momentum, the crypto market as a whole has not shown the same level of enthusiasm. Data show ...
Matrixport released a daily analysis saying, "The new South Korean President Lee Jae-myung is actively promoting a series of cryptocurrency reform measures, explicitly supporting the legalization of spot bitcoin ETFs, the issuance of stablecoins anchored to the Korean won, and easing restrictions on institutional investors' access to the crypto market. In addition, Lee Jae-myung also plans to amend current regulations on trading platforms and form a" digital asset committee "to push...
Matrixport said in a post on the X platform that bitcoin is approaching record highs, but surprisingly, most market traders still seem unprepared. Implied volatility is near multi-year lows and funding rates are only marginally positive, indicating that retail leverage has fallen significantly in recent months. Unlike our earlier expectations, this bitcoin rally is expected to continue despite low retail participation, which is currently dominated by long-term bitcoin holders.
Matrixport shared its Market Today analysis that despite Bitcoin's near record highs, cryptocurrency trading volumes remain subdued. This could suggest that retail traders are not yet actively participating in the current rally, as seen in crypto trading volumes in South Korea, which has traditionally been dominated by retail investors. The price increase is likely to be driven more by institutional investors and corporate buyers, while retail investors remain on the sidelines. Historically, ret...
Matrixport wrote on the X platform, "The security of bitcoin mining networks is increasing day by day. As computing power continues to rise, the competition among miners is becoming more intense, which is expected to drive capital expenditure (CapEx) of $100 to $12 billion per year. This fierce competition landscape not only enhances the security of the network, but also further promotes the development of decentralization. Historically, the increase in mining capital expenditure has often...
Matrixport shared its market analysis today, saying that liquidity in the crypto market has improved recently, new funds have started to flow into the market, and the overall environment has shown a positive change. After two months of sideways trading and small gains, we are starting to see initial positive signs of a shift from fiat to cryptocurrency. If this trend continues, it should not be difficult for Bitcoin to break through the 100,000 dollar mark. Although it is still in the early stag...
According to on-chain analyst Ember, the address suspected to belong to Matrixport transferred 9,300 ETH (16.59 million USD) into Bitget 20 minutes ago.
Matrixport released a new report saying that in 2025, the net inflow of funds into bitcoin ETFs was only slightly above zero, despite a strong start to the year, which recorded an inflow of nearly 5.50 billion dollars. This phenomenon is quite surprising, because bitcoin has outperformed US technology stocks this year, and gold has also reached a record high. It is worth noting that the total net inflow of bitcoin ETFs was 35.50 billion dollars, of which BlackRock accounted for 39.60 billion dol...
According to Matrixport, stablecoin funds continue to flow into the market, although the growth rate has slowed down, it is still showing a steady upward trend. According to the latest data, the market value of Tether (USDT) has approached 14.60 billion US dollars, while the market value of Circle (USDC) has remained around 6 billion US dollars. This phenomenon shows that the crypto ecosystem is continuing to develop, and in the context of global stock and bond markets facing uncertainty, crypto...
On April 14, Matrixport released today's chart, saying that while the main tariff event appears to have passed and Trump is still releasing confusing messages about the impact of tariffs, bitcoin's implied volatility remains high. This ongoing uncertainty is reflected in the maintenance of the volatility premium, which is currently at least 10 points higher than implied volatility and nearly 20 points higher than its recent lows. The market is clearly pricing in high levels of uncertainty, and b...
Matrixport posted that Bitcoin is currently in another correction phase. Historically, Bitcoin has rallied significantly in the past four times when the Stochastics Index fell to 15%. However, the indicator is still at the 25% level, indicating that the market may not be close to the time to rebound. Until the stochastic indicator approaches the crucial 15% threshold, now may not be the ideal time to "bottom fishing" Bitcoin.
Matrixport wrote that in 2015, after the devaluation of RMB, Bitcoin suffered a sell-off, but it rebounded strongly at the end of the year and closed the year higher. We may now see a similar scenario repeat, and this judgment echoes our bullish view on gold 18 months ago. At present, the exchange rate of the US dollar against the RMB (USDCNY) is expected to break through the key technical resistance level, which is highly similar to our original judgment that gold is "artificially suppressed an...
