Latest from Omkar Godbole
Bitcoin Price Drops 4% After Latest Rejection at $12K Resistance
Bitcoin fell by $400 Wednesday morning, having failed once more to move above a long-held resistance level.
DeFi Flippening Comes to Exchanges as Uniswap Topples Coinbase in Trading Volume
Trading volumes are surging on Uniswap and other so-called decentralized cryptocurrency exchanges, challenging established venues like Coinbase.
First Mover: Rookie YFI Token Jumped 8-Fold in August as DeFi Dominated
Yearn.finance's YFI token, which looked like another inside DeFi joke when it launched in July, dominated the August return rankings.
Bitcoin Nears $12K as Dollar Declines to 29-Month Low
Sell-off in the U.S. dollar and ether's price rally power gains in bitcoin.
Ether Price Hits 2-Year High
The two-year high was reached alongside a drop in the number of coins held in exchange addresses.
Huobi Futures to Launch Options Trading This Week, Joining Throng Challenging Deribit
Huobi Futures will offer bitcoin options starting Tuesday, aiming to meet demand from traders for ways to hedge against risks in crypto markets.
First Mover: Huobi Takes On OKEx in Futures, Opening New Front in ‘Chinese’ Rivalry
Huobi is taking on OKEx in the business of bitcoin futures trading, opening a new front in the ongoing rivalry between the two Chinese-led exchanges.
US Stocks Closing on Bigger August Gain Than Bitcoin
While bitcoin is eyeing an August gain for the first time in three years, the cryptocurrency is still lagging U.S. stocks over the month.
First Mover: Binance's Shrinking Trading Spreads and Bitcoin's Jackson Hole Fizzle
Traders are getting better fills due to shrinking bid-ask spreads on Binance and other cryptocurrency exchanges. It's a sign of a healthy market.
Bitcoin, Gold Recover After Jerome Powell Speech Shakes Markets
Bitcoin and gold are reversing losses seen on Thursday after the Federal Reserve's announcement of a more relaxed approach to tackling inflation.
