Matrixport analysts warn of altcoin crash amid FTX asset sales
By year-end, Ethereum could fall to as low as $1,000, and Solana's downside targets sit at $15 and $10 due to FTX's supply overhang. Matrixport Technologies analysts forecast.
Matrixport analysts warn of altcoin crash amid FTX asset sales
By year-end, Ethereum could fall to as low as $1,000, and Solana's downside targets sit at $15 and $10 due to FTX's supply overhang. Matrixport Technologies analysts forecast.
Matrixport appoints new head of its U.S. unit
The crypto-lending platform Matrixport has appointed a new CEO to run its U.S. business.
Matrixport: Bitcoin price could reach $125,000 by end-2024
Bitcoin prices could surpass the $125,000 mark by the end of next year. This was stated by Marcus Tilen, head of the research department of Matrixport's crypto-financial service.
Experts forecast Bitcoin rally to $36,000 on Fed signals
Signs that the end of the Federal Reserve’s rate-hike cycle could spark a strong Bitcoin rally. Matrixport analysts expect the first cryptocurrency to rise about 20%, to $35,000–$36,000.
Analysts see a limited impact from Mt.Gox compensation payouts
Payouts to Mt.Gox creditors will have a limited impact on Bitcoin's price, according to Matrixport analysts.
Opinion: Pressure on BUSD does not pose risks to other stablecoins
Regulators are not targeting all 'stablecoins', applying harsh measures against Paxos, the issuer of Binance USD (BUSD). This was stated by Marcus Tillen, head of research at Matrixport's crypto-financial services division.
Media reports layoffs at Matrixport owned by Ji Han Wu
Matrixport, the crypto-lending platform owned by Ji Han Wu, will lay off 10% of its staff. Bloomberg reports.
Matrixport: Institutions account for up to 85% of Bitcoin purchases
Institutional investors 'do not shun cryptocurrencies' — they account for up to 85% of Bitcoin purchases. The assessment was made by Markus Thielen, head of research and strategy at Matrixport, according to Cointelegraph.
Bloomberg reports Matrixport plans to raise $100 million
The crypto lending platform Matrixport by Jihan Wu plans to raise $100 million in financing at a $1.5 billion valuation, according to Bloomberg.
Matrixport, led by Ji-hana Wu, raised $100 million at a $1 billion valuation
The crypto-financial company Matrixport, spun off from Bitmain, raised $100 million in a Series C round. Its valuation exceeded $1 billion.
Former Bitmain CEO Jihan Wu Launches New Crypto Trading Platform
Bitmain Technologies Ltd. co-founder and former CEO Jihan Wu has officially launched a new crypto platform which, according to a Bloomberg report on July 8, offers over-the-counter (OTC) trading, lending and custody for digital assets.We use cookies to improve the quality of our service.
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