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Latest from Omkar Godbole
Bitcoin Primed to Rally to $56K as Nasdaq Breaks Out of Bull Flag, Chart Analyst Says
The analyst, who correctly predicted the late 2020 bull run, said 2023 could be a surprisingly good year for both crypto and equities.
First Mover Americas: Lido DAO’s Governance Token Jumps 17%
The latest price moves in crypto markets in context for Feb. 15, 2023.
Explaining the Disconnect Between Bitcoin and Treasury Yields Post-US Inflation Data
Bitcoin and technology stocks rose Tuesday even as a hotter-than-expected U.S. CPI figure revived Fed angst and lifted Treasury yields.
Investors Rush to Tether as Paxos' BUSD Faces Regulatory Heat, Curve Liquidity Pools Show
Investors are fleeing the Paxos-issued stablecoin even though the firm gave assurances it is fully backed and will be wound down in an orderly manner, one observer said.
Stablecoin Lender Liquity's LQTY Token Surges 45% as New York Regulator Goes After Paxos' BUSD
Traders look more closely at decentralized censorship-resistant stablecoin lending protocols like Liquity in the wake of regulatory action on Paxos' centralized dollar-pegged cryptocurrency BUSD.
BUSD Depegs From Rival Stablecoin Tether After New York Regulator Tells Paxos to Stop Minting New Tokens
Traders seem to be migrating from Paxos' BUSD stablecoin to tether.
Correlation Between Crypto Market and Nasdaq Turns Positive Ahead of US CPI Release
Observers expect Tuesday's U.S. CPI report to show continued disinflation in the world's largest economy.
Bitcoin Market Sentiment Is Most Bullish in 14 Months With US Jobs Report Due
The cost of holding a bullish long position in perpetual futures tied to bitcoin has jumped to the highest since the dizzy bull market days of late 2021.
First Mover Americas: Binance Returns to South Korea Via GOPAX
The latest price moves in crypto markets in context for Feb. 3, 2023.
OP Token Surges 25% as Optimism Foundation Proposes 'Bedrock' Upgrade
Layer 2 scaling system Optimism's governance token, OP, has chalked up a 200% rally in four weeks, outperforming market leaders bitcoin and ether by a big margin.
