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Latest from Omkar Godbole
XRP Overtakes BNB to Become 4th Largest Cryptocurrency; Funding Rates Surge
XRP's market capitalisation surged by more than 60% to $41.44 billion in the past 24 hours.
First Mover Americas: Crypto AI Tokens Rally After Musk Unveils New Company
The latest price moves in crypto markets in context for July 13, 2023.
Bitcoin Options Traders Shrug Off Post-CPI Choppy Price Action
The mood in the options market remains positive even as the cryptocurrency struggles to build upside momentum on the back of a bullish U.S. inflation report.
Bitcoin Breakout Above $31K Elusive as Shorts Pile In
Bitcoin has failed twice this week to scale the $31,000 mark, with open interest in stablecoin-margined futures rising on both occasions.
Aptos' APT Token Steady After $32M Token Unlock
The dollar value of the unlock amounted to 38% of the cryptocurrency's average 30-day trading volume and had potential to push prices lower, per one analyst.
Crypto Traders Prepare for Bitcoin Volatility as Focus Shifts to U.S. CPI
Crypto traders anticipate a big move in bitcoin as Bollinger bands have tightened to the lowest level since early January.
Marex Unveils Bitcoin, Ether-Linked Long Strategy With Dollar Index as Hedge
"The dollar index futures act a robust complement to the long-only portfolio from both a thematic and empirical perspective," Marex's Mark Arasaratnam said.
Bitcoin NFTs Back in Spotlight as Ordinals Cross 350K Daily Inscriptions
Bitcoin Ordinals, a method of generating non-fungible tokens (NFTs) through a process called inscribing, debuted in January, bringing the NFT and smart contract narrative to the Bitcoin blockchain.
Bitcoin Steady Above $30K as China Factory Deflation Suggests End of Global Tightening Cycle Is Near
China is exporting deflation across the Western world. Ultimately this will be good for risk assets as it relates to the end of the global interest-rate increase cycle, one observer said.
Bitcoin Retakes $30K, Asian Stocks Hit 5-Week Low Ahead of U.S. Jobs Report
The Bureau of Labor Statistics will release the nonfarm payrolls report for June at 12:30 UTC.
