Latest from Omkar Godbole
Bitcoin Climbs Above $47K as Stocks Fall and Investors Eye Inflation
Reduced probability of a regulatory clampdown on crypto markets seems to be cushioning bitcoin from the instability of traditional markets.
Play-to-Earn Giant Axie Infinity’s Revenue Tanked 40% in September
The company’s monthly revenue was second only to Ethereum’s $830 million among blockchain-based apps, Token Terminal data show.
Move Over, Carry Trade, These Retail-Friendly DeFi Options Strategies Yield 12%-30%
New DeFi structured products allow retail traders to participate and earn yield in the notoriously complex cryptocurrency options market.
Bitcoin Jumps as SEC’s Gensler Reiterates Support for Futures ETF, Dollar Rally May Cap Gains
Bitcoin’s negative correlation with the U.S. dollar is now the strongest since early March.
Bitcoin on Track for Biggest Monthly Price Loss Since May
The SEC’s final verdict on several bitcoin exchange-traded fund (ETF) applications is due next quarter.
Bitcoin, Gold Under Pressure as Dollar Tracks US Treasury Yields Higher
A sustained uptick in real or inflation-adjusted yields, not nominal yields, poses downside risk to bitcoin’s price.
Analysts Turn Negative on Ether as Weekly Chart Tips Bearish
Some price-chart readers see the potential for a steep drop in the next few weeks.
DeFi Tokens PERP, DYDX Lead Crypto Market Higher, Bitcoin Nears $44K
Supposedly censorship-resistant decentralized finance (DeFi) rails see increased activity in the wake of China’s crypto crackdown.
UNI Token Rises 20% as China’s Blanket Ban on Crypto Businesses Puts Focus on Decentralized Exchanges
Investors turn away from centralized exchanges in the wake of China’s blanket ban on virtual currency businesses.
Huobi to Gradually Expel Its China Users in Wake of Ban; Token Slides to 8-Month Low
Huobi token’s price hits the lowest since late January
