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Latest from Omkar Godbole
Crypto Exchange Zipmex Suspends Withdrawals, Citing Market Volatility
The outfit becomes the latest digital-assets platform to make that move.
Stake in Crypto Exchange Deribit Becomes Disputed Asset in Three Arrows Bankruptcy
Based on one estimate in a document passed around by creditors, the Deribit stake is worth as much as $500 million. But legal complications and the recent crypto market slump might make the stake worth significantly less.
Ether Breaches 50-Day Average for First Time Since April; Bitcoin Lags
Ether's bounce above the 50-day average may be fleeting, one chartered market technician said.
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.
