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

October 14, 2024 Bitcoin.com

Bitcoin

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 price movements, current market dynamics, and upcoming events on the cryptocurrency’s future course. QCP Capital Eyes Bitcoin’s Election-Year Rally Potential In its latest review, QCP […]

Yougov Poll Reveals Nearly 15% Would Switch Their Bank Accounts for Crypto in Brazil

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

September 1, 2024 Bitcoin.com

Bitcoin

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 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 […]

Yougov Poll Reveals Nearly 15% Would Switch Their Bank Accounts for Crypto in Brazil

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

August 6, 2024 Bitcoin.com

bitcoin.com

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 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 […]

Yougov Poll Reveals Nearly 15% Would Switch Their Bank Accounts for Crypto in Brazil

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

June 23, 2024 Bitcoin.com

Bitcoin stagnation

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 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 […]

Yougov Poll Reveals Nearly 15% Would Switch Their Bank Accounts for Crypto in Brazil

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

June 22, 2024 Bitcoin.com

Bitcoin

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 […]

U.S. elections

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