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Latest from Omkar Godbole
Bitcoin Options Market Sees Low Chance of Record High This Year
Options traders are pricing an 8% chance of the cryptocurrency rising to a new peak above $64,800 by Dec. 31.
Bitcoin Looks North After Biggest Single-Day Rise in More Than a Month
"We are now short-term bullish to the topside against the $30,000 region triple bottom," a trading firm said.
Bitcoin Futures Positions at 2-Month High as Traders Go Short
A combination of falling price and rising open interest is said to signal bearish conviction on the part of bitcoin futures traders.
Bitcoin Retakes $31K as Traditional Markets See Risk Reset, BNY Mellon Makes Crypto Push
"Bitcoin is still just chopping around," one analyst said.
Ether Falls Toward $1.7K as Bitcoin's Price Drop Weighs on Broader Market
One analyst said markets priced in Ethereum's impending EIP upgrade earlier this year.
Bitcoin Drops as Investors Buy $22K and $20K Puts
Despite the pickup in demand for $22K puts, the options market remains biased bullish for the long term.
Bitcoin Network Sees Fourth Straight Downward Difficulty Adjustment
"The last four adjustments have been downward, and it now looks like the blockchain is back to normal," one analyst said.
FOX Token Rally: Yield Play or ShapeShift DAO Craving?
Crypto analysts are looking at the FOX token's price gain and asking whether it's the latest promotion or the start of a new trend.
XRP Eyes 'Death Cross,' Has Support at $0.51
Previous "death crosses" have marked major or interim price bottoms.
Why Bitcoin Needs to Defend $30K
An analysis of trades in the bitcoin options market reveals a crucial price threshold where selling might accelerate.
