Markus Thielen News

Binance CEO Changpeng Zhao has entered a guilty plea, agreeing to a $50 million fine, while Binance itself is set to pay a $4.3 billion penalty.

CoinList founder Andy Bromberg believes that spot Bitcoin (BTC) exchange-traded funds (ETFs) are just “watered down crypto” and a sign the industry is heading in the wrong direction, amid growing hype over potential ETF approvals in the United States.

Markus Thielen, research head at Matrixport and founder of DeFi Research, expects Bitcoin’s bullish momentum to persist and drive prices toward $40,000 by the end of the year. 

Bitcoin is finally back to where it traded before the event that precipitated the last crypto crash. The dominant cryptocurrency rose as much as 6.7% to $37,973 on Thursday before paring the gain. That was the highest since May 5, 2022 — just before the TerraUSD stablecoin collapsed and ignited a daisy chain of failures across the cryptoasset space. Bitcoin completed its full recovery from that debacle almost exactly to the year after the rout reached its nadir when Sam Bankman-Fried’s exchange FTX filed for bankruptcy. “With Bitcoin trading back above the level when the Terra stablecoin imploded, crypto traders have officially moved on from those psychological scars,” said Markus Thielen, head of research at Matrixport. Unlike in previous boom cycles, Bitcoin staged this year’s recovery in fits and starts, with sharp advances interspersed with long lulls of low volatility. To get here, it had to overcome the steepest monetary tightening by the Federal Reserve in four decades, along with increasingly stringent industry regulations.

Famous crypto data analytics firm Matrixport’s head of research Markus Thielen argued in a recent report that Ether (ETH) could be set for a more than 55% surge to $3,000.

Bitcoin’s recent slip below the $35,000 threshold marks a pause in its latest bull run, but the market’s optimism doesn’t seem to wane, as the Fear & Greed Index hovers at a confident 73. This pullback has not dampened the broader positive market mood, with the trajectory for Bitcoin and its digital brethren still pointing north.

Bitcoin’s (BTC) price will increase 74.1% in the first year after spot Bitcoin exchange-traded funds (ETFs) are launched in the United States, according to estimates from crypto investment firm Galaxy Digital.

Bitcoin (BTC) could see “substantial inflows” from China within the next few months amid a weakening Chinese yuan and one of the country’s biggest capital flights in years.

Bitcoin (BTC) holdings in centralized digital asset exchanges have plunged 4% to 2 million signaling both positive and market-worsening concerns.

A potential wave of spot Bitcoin exchange-traded funds, PayPal’s new stablecoin and a key Ethereum upgrade are among the catalysts that could wake crypto from its hibernation.

Bitcoin's price remained above $30,000 today, with investors anticipating the potential impact of the upcoming options expiry on the cryptocurrency's value.

Cryptocurrency-related enforcement actions undertaken by the United States securities regulator significantly increased in the six months following the bankruptcy of cryptocurrency exchange FTX.

Bitcoin, the leading cryptocurrency, has experienced a significant decline of 10% in its price. 

Memecoin buyers are playing the crypto-equivalent of Powerball — with many "playing" hoping for "life-changing money" yet only a few will walk away with the jackpot, says Matrixport’s head of research.

Over 1 million Ether (ETH) worth $2.1 billion has now been withdrawn from Ethereum’s Beacon Chain within the first four days of the Shapella hard fork and Ether has pushed over $2,100 for the first time in 11 months.

Since 2023 began, a number of weekends have acted as stepping stones for Bitcoin’s [BTC] production of green bars.

The cryptocurrency market has taken a hit as both Bitcoin (BTC) and Ethereum (ETH) experience a 5% dip in their value. As the two largest cryptocurrencies by market cap, this downward trend has left many wondering how low BTC and ETH can go.

Crypto financial services Matrixport's head of research believes the recent scrutiny of Paxos and its Binance USD (BUSD) token is not a direct attack on stablecoins themselves. 

After two weeks of a stupendous rally, Bitcoin’s (BTC) price has largely been flat this week. This is a positive sign as it shows that market participants are not growing nervous before a slew of central bank meetings take place next week. The United States Federal Reserve, European Central Bank and Bank of England are scheduled to announce their policy decisions next week.

Institutional investors are “not giving up on crypto,” with recent data pointing to as much as 85% of Bitcoin buying being the result of American institutional players, according to Matrixport’s chief strategist. 

Bitcoin has extended gains over the weekend ahead of celebrations for the Lunar New Year holiday and the Spring Festival throughout Southeast Asia, rallying to its highest level since August.