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U.S. elections

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

US Election-Year Bull Runs: How Bitcoin Historically Surged Post-VictoryWith 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 election cycles, bitcoin’s value has only shown substantial appreciation after the election had ended and a victor was declared. From 2012 to 2020: How Bitcoin […]

Central banks buying gold at record levels, but Bitcoin still outperforms

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

US Lawmakers Push for CFTC Action Against Election Gambling Amid Polymarket’s RiseA 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 forms of election-related gambling in the United States. This appeal is timely, as Polymarket, a blockchain-based platform for real-time prediction markets, has gained traction with […]

Central banks buying gold at record levels, but Bitcoin still outperforms

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

Crypto’s Stagnant Summer: Analysts Say ‘Boring’ Markets May Set Stage for Eventual Price SurgeIn 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 economy might face a few uneventful weeks ahead. Onchain analyst Willy Woo believes there could be another one to four weeks of cooling down “before […]

Central banks buying gold at record levels, but Bitcoin still outperforms

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

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 the underlying factors contributing to this paradox. Bullish Signs Clashing With Market Realities In its market commentary, QCP Capital mentioned how Microstrategy expanded its BTC […]

Central banks buying gold at record levels, but Bitcoin still outperforms