Matrixport boldly claimed that the SEC would deny all ETF applications, and within an hour of them broadcasting this news, Bitcoin tumbled down nearly 10%. It smells like an inside job, doesn't it? Seems like Matrixport was in cahoots with the big players.
I don't trust this Chinese research farm founded by Jihan Wu. They seem to have a knack for playing the market to their advantage, twisting news to serve their own ends.
