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Latest from Omkar Godbole
Lido Finance Will Soon Offer Staked Ether on Layer 2 Networks, Proposes to Sell LDO for DAI
The expansion to layer 2 means lower fees and more yield-generating opportunities for investors staking ether.
Options Signal Ether Strength for First Time in 6 Months
Some traders are buying large amounts of call options, one market observer said.
The 'Merge Trade' Has Begun, Experts Say, as Ether Surges and stETH Discount Narrows
"ETH has undergone a rapid change in narrative over the past week, with speculators purely focused on the upcoming 'merge' as a catalyst for appreciation," one observer said.
Bitcoin Erases Weekly Loss, Eyes Resistance at $22.6K
Bitcoin has reached breakeven for the week, invalidating a major bearish technical setup.
DeFi Coins Outperform Bitcoin, Ether as Traders Pare Bets on Jumbo Fed Rate Hike
The outperformance of the DeFi coins could be fleeting, given the weak fundamentals.
The $863B Crypto Market May Be Close to Bottom, Mayer Multiple Suggests
The market likely bottomed out in June with the Mayer Multiple dipping below 0.5.
Voyager Digital's Token Surges Over 250% on 'Short Squeeze'
A short squeeze refers to a sharp rally fueled by the unwinding of bearish positions or several sellers rushing to take profits.
US CPI Preview: Inflation Likely to Climb to New 40-Year High
A hotter-than-expected core CPI figure could bring renewed selling pressure to the bitcoin market.
Long-Term Bitcoin Investors Stick It Out as Speculator Selling Drives Prices Lower: Coinbase
"Holders are less likely to sell BTC during turbulent periods," the crypto exchange said.
Bitcoin 'Bear Flag,' Crypto Options Market Hint at Downside Risk
The hedging behavior of bitcoin market makers could exacerbate a price drop if there's a breakdown in the bearish chart pattern.
