Latest from Omkar Godbole
Bitcoin, Ether Now Down 50% From Last Month's ATH as Rout Resumes
Even if Huobi is the specific catalyst for today's plunge, it's just the latest negative news in the sector that has been battered in the last few weeks.
CME Returns to Second Place in Latest Rankings of Bitcoin Futures Exchanges
The global derivatives giant improves from fifth place earlier this week. Binance ranks first.
Bitcoin Falls as China Calls for Crackdown on Crypto Mining, Trading
The latest news extended bitcoin's streak of wild price gyrations this week.
Institutional Bitcoin Buying Spiked Around Wednesday's Crash
Bitcoin outflows from over-the-counter desks spiked, signaling dip-demand from institutional investors.
Risk-Off: Sour Sentiment on Wall Street May Have Added to Bitcoin's Plunge
Stocks drop on lingering inflation scare. Bitcoin fails to draw hedging bids.
Bitcoin Drops Below $31K Before Rebounding; $8B in Liquidations Triggered
The price of bitcoin is now down more than 30% so far in May, on track for its worst month since November 2018.
Why You Shouldn’t Look at Bitcoin Backwardation Like an Oil Trader
Backwardation refers to a downward sloping futures curve where front-month contracts trade at a higher price than far-maturity contracts.
Crypto Exchanges See Fastest Bitcoin Inflows Since ‘Black Thursday’ in March 2020
Inflows are mainly concentrated on the retail-focused Binance, while institutions continue to hold.
Bitcoin Chart Indicator Suggests Worst of Pullback May Be Over
Experienced hands look to be buying the dip as a key bitcoin price indicator suggests the pullback may be coming to an end.
Bitcoin Suffers Biggest Pullback This Year, Drops to 3.5-Month Low Near $42K
One trading firm says it's now "very cautious of a gap toward $35K level."
