Latest from Omkar Godbole
Bitcoin Options Open Interest Tops $14B as ProShares ETF ‘BITO’ Goes Live
A pickup in options activity ahead of bitcoin’s ETF listing signifies increased participation by sophisticated investors.
Analysts Divided on Prospects of Sell-the-Fact Move as Bitcoin ETF Listing Nears
Bitcoin peaked after Coinbase’s debut on Nasdaq on April 14
Bitcoin Faces Resistance Above $62K After Record Weekly Close
Bitcoin has gained more than 40% this month on speculation the SEC will approve an exchange-traded fund.
CME Sees Record Open Interest in Bitcoin Futures Ahead of ETF Debut
Record open interest on the CME represents increased institutional participation
Bitcoin Futures ETFs May Boost Cash and Carry Yields
These ETFs could prompt more investors to buy futures. That would drive the futures curve further into contango.
Bitcoin Erases Spike Above $58K as Fed Minutes Raise Specter of Faster Stimulus Unwinding
Short-term puts are trading at relatively higher prices than calls, signaling nervousness in the crypto market.
Bitcoin Eases After Rejection at $58.5K, Support at $54K
A key technical indicator signals that upward momentum may be over.
Bitcoin Hovers Near 200-Hour MA and Close to Its Support
The cryptocurrency is down for a second straight day.
Declining Interest in Bitcoin-Margined Futures Promises Less Price Volatility
With volatility likely to subside, more mainstream money may flow into the market.
Bitcoin Eyes $60K as Active Entities Surge, Price Chart Shows Impending Bull Cross
An increase in network adoption along with a price increase is believed to confirm an uptrend.
