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Bitcoin Hits New Low Since February, Options Market Stays Optimistic

According to the latest data, $305.43 million was liquidated across crypto derivatives exchanges when bitcoin dipped below $57,000. One analyst predicts that with the Mt Gox and German government sell-offs,…

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Steady Above $60K: Bitcoin Weathers Government Sell-Offs, Says QCP Capital

Despite a brief dip below $60,000 on June 23, bitcoin has demonstrated formidable resilience by closing above this pivotal level for 118 days in 2024. According to QCP Capital, the…

Continue ReadingSteady Above $60K: Bitcoin Weathers Government Sell-Offs, Says QCP Capital

Crypto’s Stagnant Summer: Analysts Say ‘Boring’ Markets May Set Stage for Eventual Price Surge

In the past week and a half, the crypto markets have shown a bearish trend, suggesting that the summer slowdown is underway. Many anticipate that bitcoin and the broader crypto…

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QCP Capital Cites ‘Lack of News Flow’ for Bitcoin’s Price Decline Amid Market Doldrums

On Wednesday at 11 a.m. EDT, bitcoin hovered just around the $65,000 mark. QCP Capital published its market commentary, attributing the downturn in the crypto economy to a lack of…

Continue ReadingQCP Capital Cites ‘Lack of News Flow’ for Bitcoin’s Price Decline Amid Market Doldrums

BTC’s ‘Strange’ Session: Economic Data, Roaring Kitty Livestream Drive Market Fluctuations, Says QCP Capital

Following bitcoin’s dip in price, QCP Capital highlighted a “doubly strange session” overnight, driven by unexpected economic data and a widely viewed Roaring Kitty livestream. Analysts Highlight Market Chaos Following…

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Analysts Bullish on Bitcoin: QCP Capital Foresees New All-Time Highs in June

Singapore-based QCP Capital indicates that bitcoin could potentially exceed its all-time high of $73,794 this month by crossing the $74,000 threshold. The signals QCP emphasized were derived from bitcoin call…

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Sleepy Crypto Market ‘May Get Caught Offside’: QCP Capital Eyes Bullish Shift in Ethereum

This weekend, the Singaporean cryptocurrency firm QCP Capital reported a significant drop in market volatility after the approval of spot ethereum (ETH) exchange-traded funds (ETFs), despite ongoing catalysts. QCP highlighted…

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Bitcoin Sees Rise in Sell Calls Amid Expectations of Asian Institutional Boost

Over the past week, bitcoin has exhibited a downward trend, with its price stabilizing at around $62,950 to $63,125 per unit as of April 27. Despite this dip, the Crypto…

Continue ReadingBitcoin Sees Rise in Sell Calls Amid Expectations of Asian Institutional Boost

Crypto Market Continues to Slide — QCP Capital Reports Increasing Market Anxiety

The cryptocurrency market contracted by nearly 2% on Wednesday, descending to a total value of $2.23 trillion. Bitcoin reached a daily low of $60,760 per unit, while ether declined to…

Continue ReadingCrypto Market Continues to Slide — QCP Capital Reports Increasing Market Anxiety