Latest from Omkar Godbole
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.
Bitcoin Trims Gains as PBOC Steps Up Crypto Crackdown
Bitcoin fell from $35,100 to nearly $34,000 after the news started doing the rounds on Twitter.
Digital-Asset Investment Funds See Net Inflows of $63M
Bitcoin-focused funds attracted $39 million, according to CoinShares.
Bitcoin's Weekend Price Bounce Fades Even as Exchange Balances Drop
The number of coins held on exchanges has fallen by more 25,000 in two weeks.
Bitcoin Supply Held by 'Whale Entities' Hits Two-Month High in Bullish Sign
Blockchain data shows wealthy investors are coming back to the bitcoin market.
