News list for "matrix port"
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...
Matrixport published today that although Bitcoin has shown strong resilience, the possibility of its remeasurement of the 38.2% Fibonacci retracement level (about $73,392) is gradually increasing. At present, Bitcoin has repeatedly been blocked at the 23.6% retracement level (about $87,000), which has become a key resistance. The report pointed out that the widespread market liquidation triggered by Trump's latest tariff policy and the backdrop of rising risk aversion are all putting pressure on...
On April 4th, Matrixport's latest investment research pointed out that US President Trump recently announced a new round of tariff measures. Although the stock market has corrected, the market reaction is relatively mild, indicating that the current situation has not been regarded as a comprehensive "risk aversion" event. Bitcoin price is currently blocked at the key resistance zone of $90,000, and buying interest remains...
Matrixport released today's chart showing that since reaching a high of $3,668 on January 7, 2025, Ethereum has fallen by 50%. The on-chain active level of the entire Ethereum ecosystem has slowed sharply, while weakening fundamentals and continued sluggish demand for ETH have made market sentiment significantly bearish. With multiple key risk events looming, the derivatives market has started pricing in a large 10% swing (regardless of direction) over the next week. It is worth noting that the ...
On March 25th, Matrixport released a daily chart analysis saying that the 30-day actual correlation between Bitcoin ETF IBIT and Nasdaq is approaching 70%, a level that has only occurred twice in history, indicating that Bitcoin is currently being driven by the same macro factors as other risk assets. This high correlation mainly reflects the market's revaluation of earnings expectations before the first quarter earnings season and the negative impact of tariff policy uncertainty. Therefore, the...
On March 17, Matrixport said that the price of gold broke through a record high, further strengthening the "digital gold" narrative of bitcoin, which has gradually emerged since gold broke through $2,000 in the summer of 2023. At present, gold is not only regarded as a hedge against the expansion of US debt, but also as a safe-haven asset to avoid the risk of tariffs. The status and momentum of bitcoin and gold as alternative assets continue to rise as institutions such as BlackRock drive market...
Matrixport said on the X platform, "The slowdown in stablecoin inflows has pushed the market into a consolidation phase. We are closely monitoring this data because if the stablecoin minting indicator fails to recover, any rise in bitcoin will not be sustainable. The slowdown may be due to the fact that stablecoin issuers have built up sufficient inventory ahead of schedule, or the overall market demand has declined. Whatever the specific reason, the current crypto market has not yet ushered in ...
On March 3rd, Matrixport analysis pointed out that since the launch of Bitcoin ETF in January 2024, the outflow of funds this month has hit a new high, which may be related to hedge fund position squaring basis trading (long ETF, short futures). This trend is consistent with the situation that the unpositioned squaring contract of CME Bitcoin futures decreased by $8 billion after the Federal Reserve's December 2024 FOMC meeting, which exceeded 20% of the total inflow of ETF funds. In addition, t...
On June 12, Matrixport officially issued a post saying that since the merger of the PoW and PoS chains in September 2022, the ETH/BTC exchange rate has been on a clear downward trend. Although Ethereum occasionally briefly surpassed Bitcoin, this situation did not last. As the exchange rate approaches the top of the downside channel, ETH may perform poorly again.
On May 24th, Matrixport co-founder Daniel Yan said that before the ETH rally, BTC was at $67,400 and SOL was at $179. Now BTC is at $67,200 and SOL is at $168. This is due to rising US interest rates and ETH stealing the limelight from SOL. He plans to buy dips over the weekend and advises keeping an eye on the following price levels: BTC 66000 USD ETH $3450 SOL 160 USD
On May 22nd, Matrixport posted on the X platform that ETH has just set a record for the largest single-day volatility in history, which may be due to the news on May 20th that the SEC may approve the ETH ETF. ETH's previous largest volatility was concentrated in May 2021, when DeFi trading volume was near its peak and ETH pledges were hot. Two large fluctuations so far in 2024, mainly driven by policy (related to SEC and FOMC meetings).
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