Latest from Omkar Godbole
House probe targets WLFI after report of $500 Million UAE stake
Congressional investigators seek ownership records, payment trails and stablecoin documents from the Trump-linked crypto firm following reports of Emirati backing and its USD1 token’s role in a $2 Billion Binance transaction

XRP crashes to its lowest since Trump's election win, could slide further to $1.00
XRP has fallen to $1.44, its lowest level since November 2024, as bitcoin’s decline fuels broader risk aversion in the crypto market.

Indian investors are buying the bitcoin price dip, CoinDCX says
Indian crypto investors have been buyers of bitcoin and other layer 1 tokens, maintaining a well-diversified portfolio, CoinDCX told CoinDesk.

TRM Labs hits unicorn status in $70 million fund raise with Goldman's participation
The company's software specializes in tracing cryptocurrency transactions across multiple blockchains, catering to increasing demand from law enforcement and financial firms amid rising crypto crime.

ARK Invest goes on $19 million buying spree as crypto stocks nurse losses
ARK added to its holdings in CRCL, BLSH, COIN, HOOD, BMNR and XYZ on Tuesday as bitcoin fell as low as $73,000.

This onchain metric has identified the Bitcoin bottom every cycle
Convergence between bitcoin supply in profit and supply in loss has repeatedly coincided with major market lows.

Crypto steadies after selloff as bitcoin, ether rebound from multiyear lows
Bitcoin and ether are posting gains after a sharp market-wide decline, with derivatives traders continuing to reduce risk exposure.

Tether scales back $20 billion funding ambitions after investor resistance: FT
Advisers are now discussing a smaller fundraising of roughly $5 billion, as prospective backers question both the size of the deal and Tether’s lofty valuation.

Bitcoin's 'RSI' screams oversold. Here is what it means
Bitcoin's relative strength index has fallen below 30, signaling oversold conditions as the cryptocurrency trades near a key $73,000 to $75,000 support zone.


