Latest from Omkar Godbole
First Mover Americas: Bitcoin Treads Water Below $26K
The latest price moves in crypto markets in context for Sept. 5, 2023.
Deribit Sees 17% Growth in Crypto Derivatives Trading Volume in August, Led by Options
Deribit registered an increase in crypto derivatives trading volume even as global activity declined by 12.1% to around $1.6 trillion.
The Relationship Between Bitcoin and Interest Rates Is Breaking Down: Arthur Hayes
The steepest Fed rate hike cycle in decades should have killed bitcoin and other risk assets, but a new relationship between the two are forming, Hayes argued in a Tuesday keynote at the ongoing Korea Blockchain Week.
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.
