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3232QCP Capital: Bitcoin’s Potential for ‘Uptober’ Rally Mirrors Historic Election Trends
https://www.digit.info/qcp-capital-bitcoins-potential-for-uptober-rally-mirrors-historic-election-trends/
Mon, 14 Oct 2024 19:01:20 +0000https://www.digit.info/qcp-capital-bitcoins-potential-for-uptober-rally-mirrors-historic-election-trends/Read more]]>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 […]
]]>CFTC Loses Round One: Kalshi Cleared to Offer US Election Bets
https://www.digit.info/cftc-loses-round-one-kalshi-cleared-to-offer-us-election-bets/
Sun, 08 Sep 2024 14:30:02 +0000https://www.digit.info/cftc-loses-round-one-kalshi-cleared-to-offer-us-election-bets/Read more]]>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 the door for U.S. citizens to place bets on the upcoming November election. However, the ruling isn’t the final word just yet, as the CFTC […]
]]>US Election-Year Bull Runs: How Bitcoin Historically Surged Post-Victory
https://www.digit.info/us-election-year-bull-runs-how-bitcoin-historically-surged-post-victory/
Sun, 01 Sep 2024 19:30:27 +0000https://www.digit.info/us-election-year-bull-runs-how-bitcoin-historically-surged-post-victory/Read more]]>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 […]
]]>US Lawmakers Push for CFTC Action Against Election Gambling Amid Polymarket’s Rise
https://www.digit.info/us-lawmakers-push-for-cftc-action-against-election-gambling-amid-polymarkets-rise/
Tue, 06 Aug 2024 17:17:41 +0000https://www.digit.info/us-lawmakers-push-for-cftc-action-against-election-gambling-amid-polymarkets-rise/Read more]]>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 […]
]]>Crypto’s Stagnant Summer: Analysts Say ‘Boring’ Markets May Set Stage for Eventual Price Surge
https://www.digit.info/cryptos-stagnant-summer-analysts-say-boring-markets-may-set-stage-for-eventual-price-surge/
Sun, 23 Jun 2024 18:31:08 +0000https://www.digit.info/2024/06/23/cryptos-stagnant-summer-analysts-say-boring-markets-may-set-stage-for-eventual-price-surge/Read more]]>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 […]
]]>Summer Consolidation to Precede US Election ‘Fireworks’ in Crypto Markets, Says QCP Capital
https://www.digit.info/summer-consolidation-to-precede-us-election-fireworks-in-crypto-markets-says-qcp-capital/
Sat, 22 Jun 2024 14:10:27 +0000https://www.digit.info/2024/06/22/summer-consolidation-to-precede-us-election-fireworks-in-crypto-markets-says-qcp-capital/Read more]]>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 […]
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 […]
]]>
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 the door for U.S. citizens to place bets on the upcoming November election. However, the ruling isn’t the final word just yet, as the CFTC […]
]]>
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 […]
]]>
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 […]
]]>
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 […]
]]>
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 […]
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