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Latest from Omkar Godbole
Bitcoin Bounces to 200-Day Moving Average Ahead of US CPI Data as China’s Evergrande Warns of Default
Report is likely to show U.S. inflation continued to run hot in August.
Arbitrum Vaults Onto Layer 2 Leaderboard as DeFi Assets Cross $2B
The project aims to increase the speed and reduce the cost of transactions on Ethereum.
Bitcoin Eyes US Inflation Report, Potential Dollar Liquidity Squeeze
Bitcoin’s mid-May crash happened after U.S. reported inflation at three-year highs.
ECB Signals ‘Moderate’ Slowdown in Asset Purchases; Bitcoin Rises
The European Central Bank says it will slow down the average pace of asset purchases but keep the overall size of its quantitative easing program intact.
SOL Tops $200 as Google Search Data Shows Peak Retail Interest
Retail investors have a reputation for being the last entrants in a bull run.
Coinbase Falls After Disclosing Regulatory Inquiries Over Lending Product
Stock investors aren’t waiting for resolution of the matter even as the largest U.S. cryptocurrency exchange pushes back.
Staking Giant Lido Expands to Solana
Lido controls over 80% of the fast-growing market for ether staking derivatives.
Bitcoin Trades Weak After Tuesday’s Leverage Washout, Analysts See More Price Volatility Ahead
After a big decline and leverage washout, traders tend to be less confident and more risk-averse.
Tax Crypto Based on Payments Channel, Former Indian Official Says
The former central banker stressed the need to keep a tab on crypto transactions through a central repository.
Ether Futures Open Interest Hits New High of $11.6B
Open interest has more than doubled since late June, signaling an influx of money into the market.
