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Latest from Omkar Godbole
Bitcoin, Gold Under Pressure as Dollar Tracks US Treasury Yields Higher
A sustained uptick in real or inflation-adjusted yields, not nominal yields, poses downside risk to bitcoin’s price.
Analysts Turn Negative on Ether as Weekly Chart Tips Bearish
Some price-chart readers see the potential for a steep drop in the next few weeks.
DeFi Tokens PERP, DYDX Lead Crypto Market Higher, Bitcoin Nears $44K
Supposedly censorship-resistant decentralized finance (DeFi) rails see increased activity in the wake of China’s crypto crackdown.
UNI Token Rises 20% as China’s Blanket Ban on Crypto Businesses Puts Focus on Decentralized Exchanges
Investors turn away from centralized exchanges in the wake of China’s blanket ban on virtual currency businesses.
Huobi to Gradually Expel Its China Users in Wake of Ban; Token Slides to 8-Month Low
Huobi token’s price hits the lowest since late January
Bitcoin Drops $2K as China Declares Cryptocurrency-Related Business Illegal
Bitcoin erased Thursday’s 3% gain as PBOC stepped up its crackdown on crypto
Bitcoin Likely to Rally After September Options Expiry: Deribit Poll
Bitcoin options contracts worth $3.3 billion are set to expire today.
Bitcoin to Remain Resilient to Fed’s Impending Taper: Analysts
Analysts say regulatory uncertainty, not tapering, could present downside risk to bitcoin.
Bitcoin Eyes $3B September Options Expiry After a Drop to $40K
The majority of options are set to expire without value.
Since ‘Golden Cross,’ Bitcoin Is Down 12%; Blame the Fed?
The ostensibly bullish price-chart indicator hasn’t yet produced much in the way of gains for traders of the largest cryptocurrency.
