Latest from Omkar Godbole
Salvadoran President Bukele Expects Bitcoin to Reach $100K This Year
El Salvador adopted bitcoin as an official currency last year.
Bitcoin’s Net Exchange Flows Flip Bearish as Cryptocurrency Struggles for Directional Bias
Net inflows imply investor intention to sell, while consistent outflows represent strong holding sentiment.
CME Trades 100K Contracts of Micro Ether Futures in First Two Weeks
The micro ether contracts are off to a slow start compared with early activity in micro bitcoin futures launched on May 3.
Terra’s LUNA Notches New Record High Above $90 Even as ‘Shorts’ Keep Piling
LUNA has rallied 58% this month, decoupling from the broader market.
NFTs Are More Popular Than Ever Despite Sour Mood in Wider Crypto Market
Peak popularity does not imply an increase in actual buying pressure from retail investors.
Ether Call Demand Signals Anticipation of Year-End Rally
Investors who buy calls are implicitly bullish on the market.
Bitcoin, Ether Dip in ‘Bearish Asia Session’ as China Rate Cut Fails to Inspire Risk Buying
Bitcoin has carved out most of its year-to-date gains during the American hours.
Valkyrie Counters BIS, Says Concern on Bitcoin ETF Front-Running Is Misplaced
Bitcoin’s volatility makes front-running the ETF monthly rolls unviable, one observer said.
Bitcoin Holds Steady as BOE Hikes Interest Rate, ECB to Reduce Crisis-Era Stimulus
Institutional interest is prevalent and whales are buying bitcoin during this correction, one analyst said.
India’s Biggest Crypto Exchange Saw 17-Fold Jump in Trading Volume in 2021
Crypto adoption is booming in semi-urban and rural areas of India despite lingering regulatory deadlock.
