Latest from Omkar Godbole
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.
First Mover: Laser Eyes Can't Stop Correction as Bitcoin Tumbles to $53K
The news flow still looks bullish on bitcoin, but the market appears to have gone too far, too fast.
Bitcoin Briefly Drops Below $48K as Analysts Say Rally Overdone, Yellen Comments
Analysts are mixed on how low bitcoin might go if a bigger pullback is seen.
Bitcoin Faces Price Turbulence as Market Liquidity Falls, Says JPMorgan
With liquidity falling in the bitcoin market, smaller trades can have a relatively large price impact.
First Mover: Bitcoin Meets 'Torrent' as Lowly Binance Coin Gets $40B Valuation
Cryptocurrency exchange Binance's in-house BNB tokens have shot to a $40 billion valuation, ranking them third among digital assets behind bitcoin and Ethereum's ether.
A Sudden Loss of Faith in Tether Would Pose Risk to Bitcoin, JPMorgan Says
"If any issues arise that could affect the willingness or ability of both domestic and foreign investors to use USDT, the most likely result would be a severe liquidity shock to the broader cryptocurrency market," the report says.
Bitcoin Tops $55K for First Time While Gold Drops to 7.5-Month Low as Stimulus Calls Grow
While bitcoin rose, the price of gold fell to its lowest level since July.
First Mover: Who ISN'T Dabbling as Bitcoin Passes $52K, Ether Tops $1,900
The $8.7 trillion-asset BlackRock is "dabbling" in cryptocurrencies – becoming the norm as bitcoin and ether rally to all-time high prices.
