Latest from Omkar Godbole
Bitcoin Bulls Face Setback as Monthly Stochastic Indicator Turns Lower: Analyst
At the end of August, bitcoin confirmed an overbought downturn in its monthly stochastic, a signal that has previously marked market peaks.

Multibillion Dollar Oracle Tool Chronicle to Expand Outside of MakerDAO Ecosystem
Chronicle is said to safeguard over $5 billion in assets held on Maker by ensuring pricing data is in line with the general market.

First Mover Americas: Bitcoin Hovers Below $26K; Stellar’s XLM Rallies
The latest price moves in crypto markets in context for Sept 4, 2023.

Synthetix Posts 12.5% Gain Amid Binance Outflows, Bucks Bearish Bitcoin Trend
One newly-created wallet withdrew $7.7 million of SNX and $3.9 million of LPT to prompt the tokens to surge.

Grayscale's Legal Win Versus SEC Makes Spot Bitcoin ETF Approval More Likely: JPMorgan
For the SEC to defend its denial of Grayscale’s proposal to convert GBTC into an ETF, it would have to withdraw its previous approval of futures-based bitcoin ETFs, which is unlikely, the report said.

Bitcoin's Use as Margin Collateral in Crypto Futures Trading Is Growing
Using BTC as collateral for a derivative is effectively a double whammy, according to analysts.

LSE Group Plans to Offer Blockchain-Powered Market for Traditional Assets: Report
The London Stock Exchange (LSE) is considering using a separate entity for the blockchain-based markets business, according to the Financial Times.

First Mover Americas: SEC Delays Spot Bitcoin ETF Decision for All Applicants
The latest price moves in crypto markets in context for Sept 1, 2023.

Lira-Backed TRYB Token Becomes World's Second-Largest Non-Dollar-Pegged Stablecoin
BiLira's TRYB stablecoin is pegged to the lira (TRY) and 100% backed by fiat reserves held in Turkish banks.

Ether Heads for 'Death Cross'
A death occurs when an asset's 50-day simple moving average dips below its 200-day simple moving average.

