Latest from Omkar Godbole
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.
Bitcoin May Be a Better Investment Than Gold, Says DoubleLine CEO Jeffrey Gundlach
Gundlach has previously said, "I don't believe in bitcoin."
Ether Looks Overleveraged as Cryptocurrency Hits New High Over $1,900
Ether's derivative market looks overheating amid the cryptocurrency's rally to new record highs.
First Mover: What's Next After Bitcoin Hits $50K? Another $1K Gain
Analysts are still mostly bullish on the cryptocurrency's price, even at lofty levels compared with those just a few months ago.
Bitcoin's Price Volatility May Hamper Its Progress Above $50K, JPMorgan Says
The bank's analysts pointed to gold's much lower volatility.
