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Apart from Jim Cramer which was shared by WatcherGuru, there is news that I found on social media platforms that the decline in Bitcoin prices is related to several issues regarding the rejection of ETF Spot Bitcoin created by the company Matrixport.
Apart from Jim Cramer which was shared by WatcherGuru, there is news that I found on social media platforms that the decline in Bitcoin prices is related to several issues regarding the rejection of ETF Spot Bitcoin created by the company Matrixport.
Markus Thielson is the head researcher at Matrixport. He stated that his report was not relying on insider SEC comments nor any specific issuer. And he said he has adopted a more bearish view as of Wednesday.
One wonders if there should be an investigation into Matrixport for potential market manipulation regarding Thielson's negative 'opinion' on the Bitcoin ETF and after all, Matrixports co-founder and chairman is Jihan Wu, a Chinese billionaire. There are potential conflicts of interest and ethical issues here.