Markus thielen

10X Research founder Markus Thielen, the analyst who predicted the recent surge to record highs, has turned bearish on risk assets, including tech stocks and cryptocurrencies. Thielen said in a note to clients that the firm’s "growing concern is that risk assets are teetering on the edge of a significant price correction." CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Apr 16, 2024

10x Research founder Markus Thielen weighs in on the correlation between Korea's political developments and the recent meme coin rally. 80% of meme coin's performance "occurs during Asia hours and Asia hours is really driven by Korean traders," Thielen said.

Mar 18, 2024

Bitcoin (BTC) is headed towards $48,000 in the short term after its breakout fueled by a strong track record of gains around the Chinese New Year celebration, according to Markus Thielen, head of research at Matrixport and founder of 10x Research. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Feb 9, 2024

Markets

The largest crypto rallied every time in the last 9 years by 11% on average around the Chinese New Year festivity, says 10X's Markus Thielen.

By Krisztian SandorFeb 8, 2024

10x Research’s founder Markus Thielen, who correctly predicted bitcoin’s [BTC] recent drop to $38,000, is now seeing levels above $43,000 appropriate for taking fresh bullish bets on the cryptocurrency. Thielen's bullish view is based on the Elliot Wave theory, which assumes that prices move in waves rather than simple patterns, and future movements can be predicted by observing the repetitive wave pattern. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Jan 29, 2024

Matrixport Head of Research and Strategy Markus Thielen joined CoinDesk's "Markets Daily" podcast to discuss the crypto financial services platform's latest prediction that the SEC could reject spot bitcoin ETF applications in the U.S. this month. "Of course, we expect that eventually these ETFs will be approved. We just think there is a key component potentially missing in the approval process, but it might be pushed out a couple of months," Thielen said.

Jan 4, 2024

JPMorgan Chase CEO Jamie Dimon bashed the crypto industry at a U.S. Senate hearing Wednesday, saying that he would "close it down" if he was the government. Matrixport head of research and strategy Markus Thielen weighs in on Dimon's comments, despite the Wall Street bank becoming a leader in using blockchain technology to move billions.

Dec 7, 2023

Markus Thielen, head of research and strategy at crypto financial services platform Matrixport, joins "First Mover" to discuss bitcoin's (BTC) recent price movements as the largest cryptocurrency by market cap has gained roughly 14% in the past week. Plus, why Thielen anticipates bitcoin reaching $125,000 by the end of next year.

Dec 7, 2023

Crypto services provider Matrixport predicts there could be compelling investment opportunities in the bitcoin mining space. Matrixport head of research and strategy Markus Thielen discusses the outlook for miners and the potential catalysts that could bring bitcoin's price higher. Plus, Thielen's take on the outlook for crypto ETFs.

Sep 29, 2023

Bitcoin (BTC) has climbed above $27,000 as U.S. traders pencil in greater odds of the Federal Reserve keeping borrowing costs unchanged later this week and through the rest of the year. Matrixport Head of Research and Strategy Markus Thielen discusses his bitcoin analysis and outlook. Plus, Thielen's take on the altcoin market.

Sep 18, 2023