Latest from Omkar Godbole
First Mover: Bloomberg's Pie-in-the-Sky Bitcoin Call Looks Directionally Defensible
The $20,000 in 2020 prediction may be overly optimistic, but analysts agree bitcoin is likely heading north.
Bullishness Building in Bitcoin Options Market, Data Suggests
Option traders look to be placing bets for a continued upward move in bitcoin.
Bloomberg Analysts Predict $20K Bitcoin This Year
Bloomberg analysts argue that historical patterns and macro factors mean prices are on a path back the the all-time high.
First Mover: Bitcoin Market, Like Wall Street, Shrugs Off Nationwide Protests
Protests over the death of George Floyd in Minneapolis could have implications for inflation and trust in the financial system.
Miners Are Selling More of Their Bitcoin. That May Actually Be Bullish
The conventional wisdom could be challenged because miners mainly operate on cash, meaning they need to liquidate their holdings almost daily to fund the cost of mining.
First Mover: ECB Stimulus May Offer Market Hope After Bitcoin Fails (Again) to Break $10K
After another failure above the $10,000 mark, some bitcoin traders are now looking ahead to this week's European Central Bank meeting, where authorities could commit to an extra €500 billion in money injections – er, asset purchases.
Bitcoin's Price Drops by 8% in Less Than 5 Minutes
Bitcoin's price fell more than $800 in under five minutes on Tuesday, pushing the broader cryptocurrency market into the red.
Open Interest in Ether Options Hits Record High on Deribit
Derivative contracts on ether are more popular than ever, as evidenced by record open positions in options listed on the Panama-based derivatives exchange Deribit.
First Mover: BSV Doubles in 2020 as Bitcoin Offshoot Wins Devotees
The controversial cryptocurrency is winning in the crypto markets this year as developers and investors see its blockchain's technical differences as a good thing.
BitMEX Sees Biggest Short Squeeze in 8 Months After Bitcoin Surge
A big short squeeze has taken bitcoin passed a major psychological hurdle – some think its the start of a breakout.
