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Latest from Omkar Godbole
Bitcoin Holds Steady as BOE Hikes Interest Rate, ECB to Reduce Crisis-Era Stimulus
Institutional interest is prevalent and whales are buying bitcoin during this correction, one analyst said.
India’s Biggest Crypto Exchange Saw 17-Fold Jump in Trading Volume in 2021
Crypto adoption is booming in semi-urban and rural areas of India despite lingering regulatory deadlock.
Bitcoin’s Decline Suggests Fed’s Hawkish Policy Shift Is Priced In
A significant de-risking has already happened, leaving the door open for a classic “buy the fact” trade after the Fed decision.
Ether Breaks Short-Term Bullish Trendline; Support Below $3.3K
The broader outlook remains constructive, one analyst said.
Bitcoin CME Futures Slip Into ‘Backwardation’ as Bearish Sentiment Grips Market
Backwardation refers to a market condition where futures prices trade lower than the spot price.
Bitcoin Exchange Outflows Resume as Stock Markets Get Over Fed Jitters
There are 17 central bank meetings this week, including decisions from the Federal Reserve, Bank of England, European Central Bank and Bank of Japan.
Bitcoin Under Pressure, Two-Year Treasury Yield Rises to 21-Month High as US Inflation Report Looms
The previous CPI report released last month saw volatile bitcoin trade in the $63,000-$69,000 range.
Tether, SHIB Compete With Bitcoin in Inflation-Ridden Turkey as Lira Tumbles
Bitcoin’s perceived role as an inflation hedge is competing with altcoin speculation and U.S. dollar exposure through tether.
Bitcoin Technical Indicator Suggests Low Probability of ‘Santa Rally’
A widely tracked technical indicator has flipped bearish, denting hopes of an end-of-year rally.
Blame the Bitcoin Bond? El Salvador’s Dollar-Denominated Debt Slides
El Salvador’s bitcoin bond is a contributing factor to a slide in its dollar-denominated debt, but not the sole reason.
