Latest from Omkar Godbole
India's ICICI Bank Stops Customers From Making Overseas Crypto Investments
ICICI Bank is telling customers not to use foreign remittances to invest in cryptocurrencies.
Fed's Bullard Says Time Is Right to Scale Back Stimulus; Bitcoin Unmoved
The Fed's taper talk presents downside risk to liquidity-addicted financial markets.
Bitcoin's Range Play Likely to End With Bullish Breakout: Analyst
"Intermediate-term momentum has been improving based on the MACD histogram," one analyst said.
Bitcoin Listless as New 'Bearish Crossover' Looms
Bitcoin's long-term moving averages are about to produce yet another bearish crossover.
Synthetix Rallies as DeFi Protocol Announces Layer 2 Launch
"SNX's upside is in part supported by the latest update from the team in relation to the planned collaboration with Optimism," one analyst said.
Traders Make Money Selling 'Strangles' as Bitcoin Goes Quiet
A strangle is essentially a bet that bitcoin’s price won’t break out anytime soon.
Reflation-Trade Rethink Keeps Bitcoin Under Pressure
Reflation bets are those that benefit from a pickup in economic growth and inflation.
Bitcoin Price Consolidation May Be Nearing the End, Indicator Suggests
The cryptocurrency saw big moves in December and April after the Bollinger bandwidth fell to 0.15.
Leveraged Funds on CME Trim Bets Against Bitcoin
"This probably has more to do with leveraged funds hedging their long positions in GBTC shares using the CME futures,” one trader said.
Axie Profiting From Booming NFT Economy as Bitcoin Struggles
The boom in the play-to-earn economy comes amid falling yields in the bitcoin and DeFi markets.
