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“Bitcoin will reach $40,000 – if not even $45,000 – by the year’s end,” Thielen said in a note shared with CryptoX, citing options market positioning and dovish Federal Reserve (Fed) expectations as catalysts for continued price gains. The cryptocurrency has more than doubled this year, with prices rising nearly
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Markus Thielen, the Head of Crypto Research and Strategy at Matrixport, has hinted at a potential pre-Christmas rally with Bitcoin leading the
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Matrixport, a cryptocurrency trading firm founded by Bitmain co-founder Wu Jihan, has doubled down on its prediction that Bitcoin (BTC) will hit $45,000 by the end of 2023.After first setting its 2023 year-end BTC price target at $45,000 in early 2023, Matrixport reiterated its bold Bitcoin prediction in a blog
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The London-based company has also tokenized an abrdn market fund in euros, pounds and dollars and has "a pipeline of several hundred million dollars worth of funds coming in to be held in that tokenized money market fund and where people can receive a yield based on the money market
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The world’s largest cryptocurrency generally outperforms in the fourth quarter, returning on average more than 35% over the past nine years, the report said. Source
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South Africa's financial regulator has announced that all crypto exchanges in the country will be required to obtain licenses by the end of the year, according to a report by Bloomberg.Financial Sector Conduct Authority (FSCA) Commissioner Unathi Kamlana stated that the FSCA has received approximately 20 license applications since its
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Financial Sector Conduct Authority (FSCA) of South Africa has made an announcement, stating that all cryptocurrency exchanges operating within the country must obtain licenses by the end of the year. Already around 20 license applications have
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Singapore’s central bank is introducing new measures to improve investor protection and market integrity in the cryptocurrency industry.On July 3, the Monetary Authority of Singapore (MAS) announced new requirements for crypto service providers to hold customer assets into a statutory trust by year-end.“This will mitigate the risk of loss or
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