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Matrixport Profile picture
@realMatrixport
Apr 25 • 4 tweets • 7 min read Twitter logo Read on Twitter
A Setback for #Bitcoin, A Chance for #Altcoins?

🗞 Let’s dive into your weekly digest of specially curated reads by #Matrixport 🗞️

What’s #trending in #cryptocurrency? ⬇️ Image
1️⃣ #Bitcoin Slips After a Sudden Sell-off and Release of #UK #Inflation Data
2️⃣ ‘#Pepe the Frog’ #MemeCoins Rocket as #Crypto #Twitter Moves on from #DOGE Obsession
3️⃣ #CMEGroup Set to Expand #ETH, #BTC #Derivatives Product Expiries
4️⃣ #SUINetwork Sets Date for #Mainnet Launch and Plan for #Token Allocation
5️⃣ #Starbucks Introduces a New #NFT Collection on the #Polygon Network

READ OUR #NEWSLETTER IN FULL: bit.ly/3oFcke2
New ZENWIN #USDT Fund launched by Matrixport - multiple #arbitrage strategies for robust performance. Low maximum drawdown and 23.62% return to date.

⚡️Grow your wealth with Matrixport App here: bit.ly/3P2DzHZ

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More from @realMatrixport

Matrixport Profile picture
Apr 27
Why did #Bitcoin crash by -8% within 1 hour? Here's what happened with #MtGox and the #US government wallets 👇👇🧵

Sub to our TG for the latest: t.me/matrixportupda… Image
1/10: #Bitcoin crashed -8% in minutes on news that "wallets belonging to #MtGox and #US government are making transactions." Image
2/10: Our analysis suggests this won't have a big impact. The market is aware of eventual #Bitcoin distribution from these wallets.
Read 12 tweets
Matrixport Profile picture
Apr 26
#Bitcoin prices set to reach $45,000 this year, says report - Follow the 'fair value' roadmap for optimal #tradingstrategy ⬇️🧵

Sub to our TG for the latest: t.me/matrixportupda… Image
1/10: Despite recent #volatility, #Bitcoin prices are where they should be according to our #CPI/#FOMC roadmap laid out in Feb.
2/10: Based on the Jan. Effect, #Bitcoin could finish the year around $45k, which seemed optimistic at $22k, but is now achievable. Image
Read 12 tweets
Matrixport Profile picture
Apr 25
From #bearish to #bullish: #crypto trends signal a potential buying opportunity at $27,500 for #Bitcoin and #Ethereum outperformance 🧵🧵

Sub to our TG for the latest: t.me/matrixportupda… Image
#Crypto #sentiment has cooled off, with our #Bitcoin Greed & Fear Index dropping to 44 (for #Ethereum, 46). Buying half a position at $27,500 could be a good re-entry level, with the possibility of the price dropping to $25,000 for the second half.
The decline in #stablecoin #marketcap suggests money is leaving the ecosystem, with #USDC and #BUSD dropping below $30bn and $6.5bn, respectively. Negative #funding rates for #Binance #BNB could indicate potential negative news.
Read 12 tweets
Matrixport Profile picture
Feb 22
🔥 The newest hype in the #crypto space: #ordinal #NFTs

#Minted directly on the #Bitcoin #blockchain! 🎨

💰 Learn how this multi-billion dollar #token is offering greater security, transparency, and use cases🧵👇

Also, it's best to sub to our TG
t.me/matrixportupda…
1/10 🚀 #OrdinalNFTs are the latest hype in the #crypto space! Unlike classic #NFTs which rely on #token standards like #ERC721, ordinal NFTs are #minted directly on the #Bitcoin #blockchain. This offers greater permanence and immutability on the distributed #ledger.
2/10 🎨 With #ordinalNFTs, users can inscribe digital art, profile pictures, videos, audios, and images directly onto #satoshis (the smallest unit of #Bitcoin). This means no need for additional #sidechains, L2 solutions, or #tokens! #cryptoart
Read 12 tweets
Matrixport Profile picture
Feb 20
🔝#Bitcoin Skyrockets to All-Time High in 2023: Is it the Right Time to #Invest?💥

📰Let’s dive into your weekly digest of specially curated reads by #Matrixport 📰

What’s #trending in #cryptocurrency?
⬇️⬇️⬇️ Image
1️⃣ #Bitcoin Rockets Past $24.7K to Reach 2023 High

2️⃣ #Paxos Reportedly Ordered to Stop Issuing #BUSD; #Tether’s #USDT Gains $1b

3️⃣ #Polygon Announces Launch Date for #zkEVM #Mainnet Beta in March
4️⃣ #Binance and #HuobiFreeze $1.4M in #Crypto Tied to #HarmonyBridge Theft

5️⃣ #ConfluxNetwork Partners with #China Telecom to Build #Blockchain-Enabled SIM Cards

READ OUR #NEWSLETTER IN FULL: bit.ly/3XIWLxQ
Read 4 tweets
Matrixport Profile picture
Feb 20
Get ready for another #Bitcoin rally!🚀

Get all the deets in our 🧵⏬

Also, it's best to sub to our TG
t.me/matrixportupda…

#bitcoin #cryptocurrency #investing Image
1/10: Our Greed & Fear index dropped to mid-level last week, setting the market up for another #rally. With #Bitcoin still driven by #US #trading hours and a US public holiday on Monday, we expect US institutions to lift prices above 25,000 from Tuesday night onwards. Image
2/10: #Bitcoin and #Ethereum prices are both above their 50-day moving averages, which is a #bullish sign. The global #crypto market cap increased by 10.9% WoW to $1.17 trillion, with Bitcoin dominance at 40.4% for the week. Overall, the trend is up and the market is #bullish.
Read 12 tweets

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