SEC will reject all bitcoin spot ETFs in January, says Matrixport analyst

Matrixport's Shocking Revelation: The $131B Crypto Crash Unveiled - Wu Speaks Out

Matrixport's Wu defends the firm against allegations of intentional market manipulation, asserting analysts' autonomy. The $131 billion crypto crash prompts skepticism, recalling Wu's past role in the 2017 Blockchain Wars. The market sees significant losses, with MultiversX, Theta Network, and SATS leading the decline. Despite market turmoil, YouTuber Scott Melker suggests a connection between the crash and mechanisms aligning derivative and spot prices. Wu remains optimistic about a spot BTC ETF in the long term, emphasizing ongoing market uncertainties.

Where does the core idea of ​​going from 45K pins to 40K Matrixport come from?

At 8 o'clock last night, BTC, which had been breaking away from the 45k sideways position since 6 o'clock in the evening, reached the fastest acceleration of its downward decline. In just 2 hours, it went from 45k pins to nearly 40k.

From Optimism to Pessimism Matrixport Reports Shift in View on Bitcoin ETFs

If the SEC denies the filing, we may see cascading liquidations as we expect $51 billion in additional perpetual long Bitcoin futures to be unwound.

SEC’s January Block: Matrixport’s Stark Warning - Spot Bitcoin ETFs on Shaky Ground

The likelihood of SEC approval for spot Bitcoin ETFs in January appears dim, posing challenges for the crypto market. Traders are urged to consider risk mitigation strategies amid uncertainties surrounding regulatory decisions.

Matrixport: Why did the SEC reject the Bitcoin spot ETF again?

We believe the SEC may reject all BTC spot ETF proposals in January.

Matrixport: BTC spot ETF will be approved, BTC may rise to $50,000

Matrix on Target writes that “Bitcoin is set for an explosive surge to $50,000 in January.” After a typical mid- to late-December consolidation, Bitcoin is poised for a strong wave of early-year buying power that could see it break through resistance levels.

Matrixport：2024年将达到12.5万美元

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Crypto Firm Matrixport Slashes Headcount by 10%

Matrixport has confirmed with Decrypt that it is making reductions in its marketing department, impacting 10% of its nearly 300-person workforce.

ARK Invest Analyst: Crypto Markets Moving Back to Risk-on Environment, Ethereum Could Start Gathering More Bullish Momentum