Latest from Omkar Godbole
Bottom Fishing in Bitcoin? Here Are the Key Signs To Watch for
Savvy traders are looking for signs of capitulation in the spot and perpetual futures market, and renewed demand for calls when calling market bottom and trend reversal higher.

China's Currency Woes to Weigh on Bitcoin: Crypto Observer
Measures taken by the People's Bank of China to cushion yuan against the stock market slide could weigh over bitcoin's price.

First Mover Americas: Solana, Cardano Lead Losses as Market Starts Week in the Red
The latest price moves in crypto markets in context for Jan. 22, 2024.

Trading Volume on Proshares Bitcoin ETF Tanks 75% as Focus Shifts to Spot ETFs
Observers said BITO will remain an integral part of the market as a hedging instrument for authorized participants associated with the recently launched spot ETFs.

Terraform Labs Declares Bankruptcy in Delaware
Terraform Labs recently lost a case when a U.S. judge ruled that LUNA and MIR are securities, and is currently facing a class action lawsuit in Singapore.

Bullish Bitcoin Bets Rise as Implied Volatility Slides
Some traders bought bitcoin calls at strikes $45,000 and $46,000 during Thursday's U.S. trading hours, according to over-the-counter institutional cryptocurrency trading network Paradigm.

First Mover Americas: Bitcoin Slips Over 15% Since ETF Approval
The latest price moves in crypto markets in context for Jan. 19, 2024.

No More Than 50% Chance of Spot Ether ETF Approval By May, JPMorgan Says
Lawsuits against crypto exchanges offering staking services for proof-of-stake blockchains, including Ethereum, make approval of a spot ether ETF more challenging until these cases are resolved, the investment bank said.

Ether Could Soar in 2024 on the Back of Dencun Upgrade, ETF Narrative: Analysts
The ether- bitcoin ratio has risen 19% in the first three weeks of the year, taking back part of last year's 25% slide.

First Mover Americas: dYdX Beats Uniswap, Bitcoin Outlook Dour
The latest price moves in crypto markets in context for Jan. 18, 2024.

