Odaily星球日报讯 Matrixport 最新报告指出，上周一暴跌后，比特币价格反弹。虽然比特币现货 ETF 资金仍在流出，但有人趁机逢低买入，这从 30 天铸币比（黑色）回升可见一斑。这表明新法币资金流入了加密市场，投资者在利用低价，或为 9 月美联储预期降息提前布局。

Matrixport：新法币资金流入加密市场，或为9月美联储预期降息提前布局

Odaily Odaily News Matrixport&#39;s latest report pointed out that after the sharp drop last Monday, the price of Bitcoin rebounded. Although funds from Bitcoin spot ETFs are still flowing out, some people are taking the opportunity to buy at a low price, which can be seen from the rebound of the 30-day minting ratio (black). This shows that new legal currency funds have flowed into the crypto market, and investors are taking advantage of low prices, or planning ahead for the expected interest rate cut by the Federal Reserve in September.

Matrixport: New fiat capital inflows into the crypto market, or may be pre-positioning for the expected rate cut by the Federal Reserve in September.

The United States will release inflation data next week, and Bitcoin may see a recovery.

Matrixport Research: BTC is in an oversold state, the dawn of the recovery market is approaching.

Foresight News reported that at the "FORESIGHT 2024" annual summit, John GE, the co-founder and CEO of Matrixport, said in the roundtable forum "The 'Increment' of the Hong Kong Crypto Market" that the current state of the crypto market is different from the previous bull market cycles. Although the prices of crypto assets are at historical highs, retail participation is not high, and the fundamentals of the traditional financial market are not strong.

In the asset management segment, Matrixport serves non-retail clients. 2021 was the peak period for crypto asset management, but after the collapse of FTX and Three Arrows Capital, more users have been treating crypto assets as risky assets. However, with the launch of crypto ETFs, especially in the Asian market and Hong Kong, the crypto asset management industry is now showing a trend of recovering to the 2021 peak level, which is a very good aspect of Hong Kong's regulated market.

Regarding the current challenges, John GE said that, unlike the "stock picking" in the traditional stock market, they rarely recommend clients to invest in smaller cryptocurrencies. Most users prefer to invest in mainstream assets like BTC and ETH. Therefore, the challenge for Matrixport is how to find better returns on mainstream assets like BTC. For asset management, performance is everything, and how to convince new users to enter the crypto asset management market is another challenge. In this regard, the compliance in Hong Kong provides a very good path for the increment of crypto asset management, as it provides a guarantee of safety and risk control, which can win the trust of more traditional investors.

The "FORESIGHT 2024" annual summit was held from August 11 to August 12 at the Marriott Hotel in Ocean Park, Hong Kong. The Foresight News website is currently live-streaming the entire event. The summit was co-hosted by Foresight Ventures, Foresight News, and The Block, aiming to provide a platform for global Web3 builders to exchange ideas and bridge the gap between the East and the West. They invited government officials, industry leaders, traditional institution heads, top VC investors, and representatives of popular projects to discuss the new chapter of Asian Web3, the strategic opportunities and challenges of institutional participation, the regulatory landscape under compliance, new trends in global Web3 investment, the Bitcoin ecosystem, the transition from narrative to application of AI+Crypto, the large-scale application of ZK, social media, and other hot topics.

Matrixport Co-founder and CEO John GE: How to find better returns on mainstream assets such as BTC is a major challenge for current asset management.

Source: Cycle Capital Research
The most volatile week of 2019
Although the US stock market was basically flat for the week, the market was truly a roller coaster.
On Monday, there was a panic sell-off, on Tuesday a retaliatory rebound, on Wednesday a technical sell-off caused the market to plummet again, and on Thursday, the generally unimpactful decline in initial jobless claims triggered a market buy the dips frenzy, even though this data was not worth getting overly excited about, as the trend of continuing jobless claims has been clearly increasing. On Friday, the market continued the rebound trend, but the magnitude was reduced.
Over the past week, the stock market and the AR market...