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Latest from Omkar Godbole
Synthetix Posts 12.5% Gain Amid Binance Outflows, Bucks Bearish Bitcoin Trend
One newly-created wallet withdrew $7.7 million of SNX and $3.9 million of LPT to prompt the tokens to surge.

Grayscale's Legal Win Versus SEC Makes Spot Bitcoin ETF Approval More Likely: JPMorgan
For the SEC to defend its denial of Grayscale’s proposal to convert GBTC into an ETF, it would have to withdraw its previous approval of futures-based bitcoin ETFs, which is unlikely, the report said.

Bitcoin's Use as Margin Collateral in Crypto Futures Trading Is Growing
Using BTC as collateral for a derivative is effectively a double whammy, according to analysts.

LSE Group Plans to Offer Blockchain-Powered Market for Traditional Assets: Report
The London Stock Exchange (LSE) is considering using a separate entity for the blockchain-based markets business, according to the Financial Times.

First Mover Americas: SEC Delays Spot Bitcoin ETF Decision for All Applicants
The latest price moves in crypto markets in context for Sept 1, 2023.

Lira-Backed TRYB Token Becomes World's Second-Largest Non-Dollar-Pegged Stablecoin
BiLira's TRYB stablecoin is pegged to the lira (TRY) and 100% backed by fiat reserves held in Turkish banks.

Ether Heads for 'Death Cross'
A death occurs when an asset's 50-day simple moving average dips below its 200-day simple moving average.

First Mover Americas: Musk's X Obtains Payment Licenses in Several U.S. States
The latest price moves in crypto markets in context for August 30, 2023.

Bitcoin Holdings on Crypto Exchanges Dwindle to 2M, Fewest Since January 2018
The number of BTC held in wallets tied to crypto exchanges has declined by 4% this month, data tracked by CryptoQuant show.

First Mover Americas: Bitcoin Rallies on Grayscale Court Win Over SEC
The latest price moves in crypto markets in context for August 30, 2023.
