Latest from Omkar Godbole
With crypto ending the first half in the red, bitcoin's solace is it beat Strategy
Your day-ahead look for June 26, 2026
Bitcoin bounces from $58,000 as derivatives signal more pain in the pipeline
BTC touched its lowest level since September 2024 before rebounding to $59,770, while ETH slipped further and another $1 billion in futures positions were wiped out.
Too big to fail: Strategy’s $13 billion bitcoin paper loss alone dwarfs hundreds of prominent tokens
Strategy’s paper loss exceeds the market caps of hundreds of tokens, highlighting the extreme concentration of risk in the crypto market right now.
Live markets: Bitcoin edges higher as U.S. stocks recover from big early losses
Markets are reassessing the certainty of one or more Fed rate hikes this year.
Strategy's yield-generating STRC stock is more correlated with BTC than ever
The tightening correlation undermines STRC's appeal as a relatively steadier income vehicle.
Circle and Nomura join forces to target a $440 billion daily foreign exchange market in Japan
The stablecoin giant and the Japanese financial corporation plan to deploy cross-border foreign exchange settlements as early as next year.
Bitcoin derivatives signal panic. A weak core PCE reading could trigger snapback.
Your day-ahead look for June 25, 2026
Crypto relief rally fails to shake persistent bearish derivatives signal
A relief rally tied to recovering U.S. equities lifted BTC and ETH off weekly lows, but bearish derivatives positioning and negative CVD suggest the rebound may be fragile.
Forget max pain theory. Bitcoin is well below the $72,000 magnet going into $10 billion options expiry
The popular max pain theory isn’t working out as bitcoin trades far from the $72K level a day ahead of a $10 billion quarterly options settlement.
Live markets: Bitcoin settles in under $60,000
Strategy's common stock hit a multi-year low, while its STRC preferred stock plunged to a new record low.
