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 news flow and stagnant markets. In such a market, with minimal positive news to spur buying, existing crypto holders may lose confidence and …
Crypto Sector Secures $317M in Venture Capital Deals in Early June
With the first half of June concluded, there have been 37 venture capital deals and fundraising events in the crypto sector. Collectively, these investments totaled $ 317.87 million, with Avail, a modular blockchain project, leading the pack with $ 43 million. 37 Crypto Startups and Projects Gather $ 317 Million Crypto investments …
Meme Coin Economy Gains $4 Billion Capital Injection Ahead of Fed Meeting
The meme coin economy is thriving on Wednesday, ahead of the U.S. Federal Reserve meeting, as the sector saw nearly $ 4 billion injected over the last 12 hours. Several meme tokens experienced substantial gains, with BENJI rising 36.9%, MAGA increasing 23.2%, and the runes-based DOG gaining 22.1%. Crypto Market Rises 3.24% as Meme …
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 Bitcoin Dip and Gamestop Decline Three days ago, Singapore-based QCP Capital envisioned a new bitcoin (BTC) all-time high in June. At the time, the firm’s […]
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 options with June expiries. Several Market Observers See Bullish Bitcoin Momentum Ahead Several analysts and researchers have a positive outlook on …