Matt Weller

Bitcoin Supply on Exchanges Has Fallen to Lowest Level Since 2018: Analyst
Bitcoin Supply on Exchanges Has Fallen to Lowest Level Since 2018: Analyst
Bitcoin (BTC) briefly topped $35,000 Wednesday for the second time this week, as U.S. GDP increased at an annual rate of 4.9% in the third quarter. Forex.com global head of re...
Bitcoin Supply on Exchanges Has Fallen to Lowest Level Since 2018: Analyst

Bitcoin Price Remains Above $27K as Fed Not Likely to Close the Door on Rate Hikes: Analyst
Bitcoin Price Remains Above $27K as Fed Not Likely to Close the Door on Rate Hikes: Analyst
Bitcoin (BTC) is back above $27,000 as many traders anticipate no change in rates – as the FOMC's 2-day meeting kicks off today. Forex.com Global Head of Research Matt Weller...
Bitcoin Price Remains Above $27K as Fed Not Likely to Close the Door on Rate Hikes: Analyst

Bitcoin Breakout Above $31K Remains Elusive as Shorts Pile In
Bitcoin Breakout Above $31K Remains Elusive as Shorts Pile In
Forex.com global head of research Matt Weller discusses his crypto markets analysis and outlook as bitcoin (BTC) has failed twice this week to breakout above $31,000. Plus, hi...
Bitcoin Breakout Above $31K Remains Elusive as Shorts Pile In

Bitcoin Falls Below $30K Amid Liquidations, Hot U.K. Inflation Report
Bitcoin Falls Below $30K Amid Liquidations, Hot U.K. Inflation Report
Bitcoin slid more than 3% to below $30,000 on Wednesday morning. While the sell-off didn’t appear to stem from any immediate fundamental reason, Forex.com global head of resea...
Bitcoin Falls Below $30K Amid Liquidations, Hot U.K. Inflation Report

Bitcoin Drops to $29.2K After Sudden Sell-Off
Bitcoin Drops to $29.2K After Sudden Sell-Off
Bitcoin slid more than 3% in just 15 minutes in European morning hours on Wednesday, taking the largest cryptocurrency by market capitalization near $29,000. Forex.com Global...
Bitcoin Drops to $29.2K After Sudden Sell-Off

Bitcoin's Long Liquidations Surge as Prices Slide
Bitcoin's Long Liquidations Surge as Prices Slide
Exchanges liquidated longs, or bullish bitcoin futures, worth over $62 million during Asian hours, according to data from Glassnode. That's the highest amount since August. Fo...
Bitcoin's Long Liquidations Surge as Prices Slide

Ethereum’s Shanghai Upgrade's Impact on Ether Price
Ethereum’s Shanghai Upgrade's Impact on Ether Price
Crypto markets are eagerly anticipating the Shanghai tech upgrade, the next major development scheduled for April, since last year's Merge. Forex.com Global Head of Research M...
Ethereum’s Shanghai Upgrade's Impact on Ether Price

Bitcoin, Ether Fall as Market Continues To Digest Silvergate
Bitcoin, Ether Fall as Market Continues To Digest Silvergate
Bitcoin (BTC), ether (ETH) and most other major cryptocurrencies are sinking as customers fled crypto bank Silvergate. Forex.com Global Head of Research Matt Weller discusses...
Bitcoin, Ether Fall as Market Continues To Digest Silvergate

Bitcoin Sees 30% Rally in Last 2 Weeks
Bitcoin Sees 30% Rally in Last 2 Weeks
Bitcoin (BTC) is holding steady near $23,000 for another day, while ether (ETH) remains above $1,600. Matt Weller, Global Head of Research at Forex.com, discusses his outlook...
Bitcoin Sees 30% Rally in Last 2 Weeks

Bitcoin Is Shifting Hands to Long-Term Holders
Bitcoin Is Shifting Hands to Long-Term Holders
Bitcoin (BTC)'s total supply held by long term holders show "the coins are moving from weak hands to strong hands," Forex.com Global Head of Research Matt Weller says. He disc...
Bitcoin Is Shifting Hands to Long-Term Holders