Latest from Omkar Godbole
Bitcoin Risks 'Spiraling Price' on Environment, Regulatory Concerns: BCA Research
ESG funds will seek to avoid bitcoin investment, the research firm noted.
India's Central Bank Sees Pros and Cons With National Digital Currency
A CBDC could promote financial inclusion but also poses a risk of harming the banking system, the RBI said in a report.
Bitcoin Bounces Back Above $47K Despite Bearish Chart Pattern
A bearish engulfing candle is just one signal among many market indicators and some analysts say the bull market is intact.
Splashy Canadian Bitcoin ETF Sees Inflows Slow as Price Drops
The fast-growing Purpose Bitcoin ETF was projected to hit $1 billion by the end of this week, but as of Friday the assets were less than $700 million.
Bitcoin Drops Below $45K, Eyes Biggest Weekly Price Loss Since March 2020
Both bitcoin and stocks had been showing signs of weakness since the beginning of the week.
Bitcoin Outflows From Coinbase Suggest Institutions Are Buying the Dip
Big money continues to chase bitcoin on dips, blockchain data shows.
Bitcoin Rebounds to $51K as Derivatives Market Cools Off
The bitcoin market looks to be in a more healthy state after massive long liquidations blew the froth off the futures market.
Bitcoin Retakes $50K as Powell Eases Market Jitters, Bond Yields Drop
"The economic recovery remains uneven and far from complete, and the path ahead is highly uncertain," the Fed chairman said.
Tether Deal With New York State Brings Quick Reversal of Crypto-Market Sell-Off
The settlement appears to remove what might have been a systemic threat to cryptocurrency markets.
Fed's Powell Offers Bitcoin Bulls Glimmer of Hope as Price Drops to $45K
Jerome Powell is likely to reiterate the Fed's pro-stimulus stance later today, possibly putting a floor under bitcoin and stocks.
