QCP Capital | ForkLog

ForkLog 9 08.08.2024

Significant Purchases of December Call Options Observed by Experts

The bullish outlook for Bitcoin persists due to substantial purchases of call options with expirations in December and March, according to QCP Capital. 3/ We remain bullish on #BTC as we see significant call buying in the Dec and March expiries. Major funds also continue to roll their Sep long call positions. — QCP (@QCPgroup) […]

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ForkLog 4 31.07.2024

Ethereum Volatility Set to Increase, Experts Predict

Ethereum is expected to experience more significant price fluctuations compared to Bitcoin, with the monthly volatility premium for the asset in “long-term” options rising from 4% to 8%, according to QCP Capital. Analysts favour accumulating the second-largest cryptocurrency by market capitalisation, citing the attractiveness of its prices given the rise in implied volatility. Experts noted […]

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ForkLog 6 24.07.2024

QCP Capital: Bitcoin Options Traders Hedge Against Price Decline

The bitcoin options market does not rule out a resumption of downward trends, according to assessments by QCP Capital. In the past 24 hours, the difference in implied volatility (IV) between calls and puts has decreased by three points, specialists noted. Analysts highlighted information about Mt.Gox clients receiving bitcoins through Kraken, as well as data […]

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ForkLog 10 23.07.2024

Market Reaction to ETH-ETF Launch Deemed ‘Muted’ by Analysts

The approval of spot Ethereum-ETFs has had a “muted” impact on the market, as investors anticipated a “buy the rumor, sell the news” scenario, according to analysts at QCP Capital. Experts noted that after the launch of similar Bitcoin-based products, its price fell from $46,000 to $38,000, but reached record highs two months later. QCP […]

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ForkLog 10 04.07.2024

Bitcoin’s Potential Drop to $50,000 Raises Concerns

A “double top” reversal pattern is forming on the Bitcoin chart. Miners, ETF buyers, and hodlers are selling, with a reversal possible if stablecoin supply increases. Investors continue to bet on ETH-ETF approval by purchasing call options for September-December. A sharp decline in Bitcoin may not stop at $57,000 and could push the price down […]

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ForkLog 12 20.06.2024

QCP Capital: Options Market Bets on Ethereum’s Rise to $4800

Despite uncertainties surrounding the approval timeline for an ETH-ETF, a demand capturing 10-20% of inflows into BTC-ETF could push Ethereum’s price past $4000, with a subsequent rise to $4800. This scenario is reflected in the options market, according to QCP Capital. QCP: Despite uncertainty around the reception of the ETH ETF, capturing 10-20% of Bitcoin […]

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ForkLog 59 12.06.2024

K33 Research Warns of High Risk for Crypto Traders Ahead of Fed Meeting

The cryptocurrency market is “highly exposed to risk” ahead of key inflation data and the Federal Reserve meeting. The Committee’s rate trajectory forecast and Jerome Powell’s press conference predictions will significantly impact prices. Clients of unregulated crypto derivatives platforms remain “highly exposed to risk,” increasing the potential for long liquidations ahead of key macroeconomic events, […]

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ForkLog 12 06.06.2024

QCP Capital: Bitcoin Options Market Bets on Surge to $74,000

A surge in the purchase of bitcoin call options expiring at the end of June above $74,000 indicates heightened expectations for a “decisive breakthrough” of the historical peak. This conclusion was reached by QCP Capital, as reported by The Block. There is a concentration of calls at the $75,000 strike price. On June 5, the […]

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ForkLog 21 16.05.2024

Millennium Management Acquires $1.94 Billion in Spot Bitcoin ETFs

By the end of the first quarter of 2024, hedge fund Millennium Management held $1.94 billion in spot bitcoin ETFs. This amount represents 3% of its AUM ($64 billion). The firm allocated its investments as follows: ARK 21Shares Bitcoin ETF (ARKB) — $45 million; Bitwise Bitcoin ETF (BITB) — $44.7 million; Grayscale Bitcoin Trust (GBTC) […]

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ForkLog 20 23.04.2024

QCP Predicts Delayed Post-Halving Impact on Bitcoin

Bitcoin optimists will need to wait at least two months to assess the impact of the reduced reward for miners per block. This was reported by analysts at QCP Capital.

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ForkLog 5 17.04.2024

Analysts Highlight Potential for Significant Ethereum Correction

The Ethereum derivatives market has developed pessimistic expectations regarding the near-term price outlook, according to The Block. “Near-term options indicate risks of sharp movement in either direction,” stated QCP Capital. Cryptocurrency derivatives trader Gordon Grant reached similar conclusions. “You can see a significant divergence in Ethereum options compared to digital gold. The term structure remains […]

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ForkLog 8 14.03.2024

BNB Surge Linked to Binance Launchpool and Reinvestment, Say Experts

Binance has successfully created a self-sustaining growth cycle for BNB through Launchpool. Users of the platform frequently reinvest the “farmed” assets, according to QCP Capital. Experts explained that platform clients sell tokens obtained from campaigns and increase their BNB holdings for subsequent staking. They aim to boost returns from participating in new projects. Given the […]

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