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QCP Capital: Bitcoin’s Potential for ‘Uptober’ Rally Mirrors Historic Election Trends

QCP Capital analysts have noticed a significant rise in bitcoin (BTC), comparing it to similar patterns seen before past U.S. elections. Their latest report delves into the influence of historical…

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CFTC Loses Round One: Kalshi Cleared to Offer US Election Bets

A federal judge this week sided with the prediction market Kalshi’s motion for summary judgment in its legal battle with the U.S. Commodity Futures Trading Commission (CFTC). This decision opens…

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US Election-Year Bull Runs: How Bitcoin Historically Surged Post-Victory

With just 65 days remaining until the U.S. presidential election, bitcoin wrapped up August with an 8.6% decline compared to where it started the month. Historically, in the last two…

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US Lawmakers Push for CFTC Action Against Election Gambling Amid Polymarket’s Rise

A group of Democrat lawmakers, including Massachusetts Senator Elizabeth Warren, has penned a letter to Commodities and Futures Trading Commission (CFTC) Chairman Rostin Behnam, urging the agency to prohibit all…

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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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Summer Consolidation to Precede US Election ‘Fireworks’ in Crypto Markets, Says QCP Capital 

Despite several bullish indicators, including a significant bitcoin purchase by Microstrategy and optimistic projections by notable figures, bitcoin’s price action remains subdued. Market analysts at QCP Capital shed light on…

Continue ReadingSummer Consolidation to Precede US Election ‘Fireworks’ in Crypto Markets, Says QCP Capital