Latest from Omkar Godbole
First Mover: The Smart Money (Literally) Buying Crypto as Harvard Said to Be Holding
The brain trust has blessed cryptocurrencies, with endowments for Harvard and other universities reportedly lapping up digital assets. For bitcoin marketeers, it's a new $600B money pot.
Large Bitcoin Options Positions May Boost Price Volatility This Week
As long as these options remain open in the market, the next couple of days could be volatile for bitcoin.
First Mover: Bitcoin Flushes 'Weak Hands' as Ethereum Hits New All-Time High
Last week's rout in bitcoin market looks like "weak hands" selling out because bidders appeared to materialize whenever prices fell to $30K.
Big Investors Stacked Up Ether as Price Rose to Record High
The increased accumulation by investors with deep pockets may have put upward pressure on ether's price.
First Mover: Bitcoin ‘Double-Spend’ FUD Gives Newbies a Volatility Lesson
A mixture of bearish price-chart patterns and ill-understood news items combined to cause bitcoin's biggest price plunge since March, in a demonstration to market newcomers of the cryptocurrency's notorious volatility.
Tether's Bank Deltec Says Stablecoin Is Fully Backed by Reserves
"Every tether is backed by a reserve and their reserve is more than what is in circulation," said Gregory Pepin, Deltec Bank's deputy CEO.
Bitcoin Faces Further Losses Before Rally Restarts, Say Analysts
Despite a bounce earlier on Friday, bitcoin may yet see further losses in the near term.
Guggenheim CIO Says Bitcoin May Have Topped Out for Now
Guggenheim Partners CIO says bitcoin could retrace all the way back to $20,000.
First Mover: As Bitcoin Flips Bearish, Neither Biden Nor BlackRock Brightens Mood
There are many long-term bulls in the bitcoin market. But in the short term?
Bitcoin Option Traders Hedge Against Downside Risk as Price Dips to Near $32K
Options traders look to be preparing for further falls in bitcoin's price in the short term, according to put-call skew data.
