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Latest from Omkar Godbole
New Ethereum Layer 2 Blast Attracts $30M Hours After Bridge Goes Live
Blast boasts prominent investors Paradigm and "eGirl Capital" members among others, but there’s no way to withdraw funds until February.

Celsius to Transition to Mining-Only NewCo After SEC Feedback in Updated Bankruptcy Plan
On Monday, a few hours before the Celsius announcement, CoinDesk reported that the SEC wanted more information about the assets of the former crypto lender.

Polymarket Traders Betting on Sam Altman's Fate Have Become Bipolar
24 hours ago, prediction markets were almost certain that Altman wouldn't be back as OpenAI's CEO. Now the market's answer to that question has changed twice.

FTX-Backed Anthropic’s CEO Declined OpenAI's Merger Offer: The Information
FTX bought a stake in Anthropic supposedly worth $500 million, according to an internal document circulated before last November’s bankruptcy filing.

Tokens In SEC's CrossHairs Are Posting Double Digit Year-To-Date Returns
The Securities and Exchange Commission is doubling down on its allegations that certain crypto assets are securities. These allegations haven't dampened investor enthusiasm for most of the tokens.

First Mover Americas: Crypto Friendly Javier Milei Wins Argentine Presidency
The latest price moves in crypto markets in context for Nov. 20, 2023.

Bitcoin Options Open Interest Climbs to Record $15B on Crypto Exchange Deribit
The notional open interest in BTC options listed on Deribit rose to a record $15 billion last week as traders scrambled to take bullish exposure.

OpenAI CEO Drama Makes a Market for Blockchain Betters
Over $250,000 in liquidity was built up in prediction market contracts on Polymarket over the weekend, from the serious to the absurd.

Bitcoin Held in Exchange Wallets Rising at Pace of $1.16B a Month, Data Show
The inflow comes as bitcoin has gained 7% this month, extending October's 28% rally.

First Mover Americas: Avalanche and Near Lead Weekly Gains
The latest price moves in crypto markets in context for Nov. 17, 2023.
