Latest from Omkar Godbole
Bitcoin Shorts Lose $150M as BTC Poised for ‘Tremendous Upside’
A market observer said that bitcoin and crypto markets will enter an “unprecedented phase of adoption” as prices eventually breach lifetime peaks.

Bitcoin Funding Rates Jump to 100%, Sparking Opportunity for Savvy Traders
One observer said that elevated funding rates offer crypto hedge funds exceptionally attractive arbitrage opportunities.

First Mover Americas: Bitcoin Correction Could Be Approaching
The latest price moves in crypto markets in context for Feb. 26, 2024.

Frax Finance Mulls Uniswap-Like Reward Mechanism for Token Stakers
"We are going to follow Uniswap's lead in proposing it. It will be up to the community to pass it," CEO Sam Kazemian said.

Bitcoin Indicator Suggests Potential for Leverage Washout
A ratio related to bitcoin futures and the volatility of options has more than doubled this year, signaling outsized levels of leverage and speculation.

First Mover Americas: Worldcoin, The Graph and Filecoin Finish the Week on Top
The latest price moves in crypto markets in context for Feb. 23, 2024.

FIL, GRT Rally Boosts CoinDesk Computing Index as Bitcoin Struggles
FIL's market-beating surge to a 12-month high of $8.5 comes on the heels of Filecoin's Feb. 16 announcement that it would host programmable blockchain Solana's block history.

Jack Dorsey’s Block Is Sitting on $207M Gain on Its Bitcoin Bet
Block, Inc. (SQ) stocks were up 13% in after-market trading hours.

Ether's $3K Breakout Partly Fueled by Dealer Hedging, Analyst Says
Options dealers likely bought ETH in spot/futures market to hedge their short positions in call options, adding to bullish momentum, BloFin's Griffin Ardern said.

First Mover Americas: AI Mania Heats Up
The latest price moves in crypto markets in context for Feb. 22, 2024.

