QCP Capital | ForkLog

ForkLog 5 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 9 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 9 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 11 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 55 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 9 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 19 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 19 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 4 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 7 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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ForkLog 4 12.03.2024

Analysts Observe ETF News Impact on Ethereum Options

Expectations for the continuation of Ethereum’s upward trend have become less optimistic over a one to two-month horizon, according to options market observations by QCP Capital. QCP: Two major macro events coming up (CPI tonight, FOMC next week). The vol-market continues to express the bullishness in BTC as vols remain very elevated for the calls […]

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ForkLog 6 16.02.2024

Factors Driving Bitcoin’s Surge to $52,000 Identified by Analysts

Two primary factors led to Bitcoin breaking through the key resistance level of $48,000 in February and reaching above $52,000, according to analysts at QCP Capital. One factor was the inflow of funds into spot ETFs based on the first cryptocurrency. At the end of January, the market returned to a “net inflow territory.” On […]

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