Latest from Omkar Godbole
Bitcoin May Have Hit Wall of Profit Takers Around $19,500: Analyst
Huobi Global saw an influx of larger-than-average bitcoin deposits soon before the price drop, an analyst said.
First Mover: Horrible 2020 Economy Proved Best Thing for Bitcoin
In 2020, bitcoin went from fringe investment to the talk of Wall Street, as the coronavirus-induced recession spurred recovery plans built around stimulus.
CEO of DeFi Insurer Nexus Mutual Hacked for $8M in NXM Tokens
Nexus Mutual's CEO, Hugh Karp, lost the tokens after an attacker gained remote access to his computer.
Bitcoin Still on Track to Breach $20K in Coming Weeks: Analysts
Bitcoin's revived uptrend could soon lead to a much-anticipated breakout above the $20,000 mark, according to several analysts.
MassMutual's Bitcoin Buy May Presage $600B Institutional Flood: JPMorgan
JPMorgan analysts said MassMutual's recent $100 million bitcoin purchases are a sign of growing mainstream acceptance for the cryptocurrency.
First Mover: Stimulus Bet Wins Even as Bitcoin Slips Below $18K
MassMutual's push into bitcoin shows increasing adoption – of the narrative the cryptocurrency can work as a hedge against central-bank money printing.
Wallets With Over 1,000 Bitcoin Have Hit Record Number: Chainalysis
The data backs the popular narrative that institutional bitcoin investors have been leading the 2020 price rally.
India's Banks Are Once More Serving Crypto Traders and Exchanges
Indian banks have started doing business with select cryptocurrency exchanges and their customers, CoinDesk has confirmed.
Bitcoin's Rising Popularity With Investors Means Gold Will 'Suffer': JPMorgan
"The adoption of bitcoin by institutional investors has only begun, while for gold its adoption by institutional investors is very advanced," a JPMorgan managing director wrote in the report.
First Mover: Why Wells Fargo Won't Recommend Bitcoin to Clients
A Wells Fargo unit doesn't recommend bitcoin to clients because they can't yet hold cryptocurrency in their accounts. What if that changed?
