Latest from Omkar Godbole
First Mover: The Logic Behind Three Arrows’ $200M Grayscale Bet
Three Arrows has taken a large bet on GBTC but the halcyon days of the Grayscale premium flip may be numbered.
Liquidity on Bitcoin Perpetuals Exchange FTX Catches Up to Industry Leader BitMEX
On a relatively new exchange like the Antigua-based FTX, the order book depth, as represented by the number of buy and sell orders at each price, now matches the depth seen on industry leader BitMEX.
First Mover: XRP Just Isn’t Exciting Crypto Traders This Year
It's been a second straight year of disappointment for the XRP token from Ripple, which has stagnated as other big cryptocurrencies have seen big rallies.
Bitcoin Sees Small Gain as Gold Rallies to One-Month High
Bitcoin is reporting moderate gains on Monday as gold, a safe haven asset, rallies amid renewed coronavirus concerns.
First Mover: Compound's COMP Token More Than Doubles in Price Amid DeFi Mania
Compound's new COMP token is only five days old but its price is soaring. Observers tie the rally to speculation over the future growth of decentralized finance.
Outflow of Bitcoin From Miners at Lows Not Seen Since 2010
Miner outflows of bitcoin have dropped to decade lows, with analysts saying a hoarding mentality and a drop in issuance after the halving are responsible.
Delta Exchange Launches Crypto Interest Rate Swaps
Traders may now be able to hedge the risks they face from interest rate payment fluctuations in perpetual contracts.
First Mover: As US Stocks Defy Economic Gravity, Bitcoiners Shudder at March Memory
With the global economy in deep water amid the coronavirus crisis, some cryptocurrency analysts are starting to wonder if a correction in U.S. stocks might prompt another "Black Thursday" crash.
Bitcoin Still Undervalued After Q2 Rally, Price Metric Shows
Bitcoin's Mayer multiple indicates the cryptocurrency is undervalued despite having rallied by over 40% this quarter.
Number of Bitcoin 'Whales' Has Risen by 2% Since Halving
Bitcoin's rally has stalled since the May halving, but that hasn't deterred large investors from accumulating coins, data shows.
