Matrixport

Bitcoin ETFs in Hong Kong could surge demand to $25 Billion
Bitcoin

Bitcoin ETFs in Hong Kong could surge demand to $25 Billion

In a significant development for the cryptocurrency market, Hong Kong is on the verge of approving a spot Bitcoin exchange-traded fund (ETF), marking a milestone in the convergence of traditional finance and digital assets. Hong Kong’s Matrixport, a provider of cryptocurrency services in Singapore, indicated that Hong Kong authorities’ prospective approval of Bitcoin Spot ETF […]

Apr. 14, 2024
Economist Peter Schiff Says Spot Bitcoin ETF Could Crash Bitcoin Price
Bitcoin

Economist Peter Schiff Says Spot Bitcoin ETF Could Crash Bitcoin Price

Prominent crypto critic and economist Peter Schiff has cautioned against the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States, suggesting it could lead to a catastrophic impact on the price of BTC. In a tweet on X (formerly Twitter), Schiff said the promise of a US-listed spot Bitcoin ETF has […]

Jan. 3, 2024
Bitcoin Advocate Sues Smart Vega for $8M Frozen Funds
Bitcoin

Bitcoin Advocate Sues Smart Vega for $8M Frozen Funds

Roger Ve­r, known as “Bitcoin Jesus” and a crypto angel investor, is e­mbroiled in a legal tussle with Matrixport, a crypto finance­ company. He accuses Smart Vega, a branch of Matrixport, of putting a fre­eze on his $8 million funds. Furthermore­, the lawsuit points to Jihan Wu, a co-founder of Matrixport, as the instigator. “Bitcoin […]

Nov. 7, 2023