Latest from Omkar Godbole
Cardano’s ADA Zooms Above $1 as Bitcoin Remains Rangebound
ADA’s bump came on no immediate catalyst, but the protocol is set to see several fundamental developments in the coming months.
Beware of Bitcoin's 'Shooting Star' at Record Highs: Godbole
The candlestick pattern shows sellers are looking to reassert themselves as hawkish Fed rate projections drive the DXY higher.
BlackRock’s Bitcoin ETF Records Its Largest Outflow
BlackRock's IBIT started the new year on a rough note, losing millions in net outflows on Thursday.
Tether's Market Value Sees Sharpest Decline Since FTX Crash as MiCA Kicks In
Tether's market cap has declined by over 1% this week, the steepest drop since the crash of FTX in November 2022.
XRP Rockets 11% as Bitcoin Starts New Year With Bullish Bang
South Korean trading volumes supported an outperformance in XRP, as a CoinDesk analysis noted earlier this week.
MicroStrategy's Bullish Call Skew Disappears in Cautious Market Sentiment
The record bullish skew in options on the company seen as a leveraged play on bitcoin has vanished as the BTC tailwind driven by the Treasury asset narrative loses momentum.
SOL's Evolving Throwback Pattern Makes It Enticing for Breakout Traders: Godbole
The pattern has its roots in the behavioral aspects of trading and often sets the stage for bigger bull runs.
Russia Imposes 6-Year Ban on Crypto Mining in 10 Regions, Citing Energy Use: Tass
Temporary bans may be imposed in other regions during peak energy demand, Tass reported
Record $14B Bitcoin Options Expiry Looms as Market Looks Highly Levered-Up
Options expiry looks to stir things up in a market that appears highly leveraged to the upside, Deribit said.
Bitcoin Lull Could Spur Altcoin Rally, With $90K Considered 'Attractive' Buying Area
High volatility can be good for option buyers because it increases the chance that the option will be “in-the-money” (profitable) at some point before expiry — creating profit for buyers.
