Omkar Godbole

bitcoin-spot-etfs-register-five-day-withdrawals-streak-ahead-of-halving
Posted by | April 19, 2024
Bitcoin Spot ETFs Register Five-Day Withdrawals Streak Ahead of Halving

The U.S. spot ETFs lost $4.3 million in outflows on Thursday, taking the five-day tally to over $319 million. GBTC again led the outflows, while inflows into BlackRock's IBIT continued...

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gold-backed-paxg-token-spikes-to-$2.9k-amid-geopolitical-tensions
Posted by | April 14, 2024
Gold-Backed PAXG Token Spikes to $2.9K Amid Geopolitical Tensions

PAXG spiked as high as $2,923 on Saturday, trading at premium of over 20% to gold's per ounce price of $2,342.90 on Friday. Bitcoin traded at a perfect negative correlation...

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bitcoin-cash-sends-bitcoin-traders-warning-sign-about-halving
Posted by | April 12, 2024
Bitcoin Cash Sends Bitcoin Traders Warning Sign About Halving

BCH's post-halving slide of 15% might be a warning sign for bitcoin bulls. Bitcoin cash has been seen a proxy for the upcoming halving of rewards on the Bitcoin blockchain....

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bitcoin-halving-is-not-a-volatility-event,-analyst-says-as-implied-volatility-rises
Posted by | April 8, 2024
Bitcoin Halving Is Not a Volatility Event, Analyst Says as Implied Volatility Rises

Bitcoin's impending reward halving, though monumental, is unlikely to cause a volatility explosion, according to Amberdata's Greg Magadini. The impact of the Bitcoin blockchain's reward halving on miners and the...

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Posted by | April 5, 2024
Warning for Altcoin Bulls: The Ether-Bitcoin Ratio Is About to Flash Death Cross

The ETH/BTC ratio is on the verge of slipping into a death cross on the weekly chart. Ether underperformance could be a signal of risk aversion and reduced demand for...

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frax-finance-expands-to-cosmos-ecosystem-via-asset-issuance-chain-noble
Posted by | April 3, 2024
Frax Finance Expands to Cosmos Ecosystem Via Asset Issuance Chain Noble

Frax Finance partners with Noble to bring FRAX and sFRAX tokens from Ethereum to the Cosmos ecosystem. Noble is a Cosmos application-specific blockchain designed to issue native digital assets to...

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bitfinex-derivatives-users-can-now-place-bets-on-bitcoin-and-ether-implied-volatility
Posted by | April 3, 2024
Bitfinex Derivatives Users Can Now Place Bets on Bitcoin and Ether Implied Volatility

Bitfinex Derivatives unveils perpetual futures tied to Volmex Finance’s bitcoin and ether implied volatility indices. Users can now place bets on the degree of price turbulence in the top two...

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stablecoin-expansion-continues-as-bitcoin-rally-appears-to-stall
Posted by | April 3, 2024
Stablecoin Expansion Continues as Bitcoin Rally Appears to Stall

The cumulative supply of the top three stablecoins – USDT, USDC, and DAI – has increased to $141.42 billion, the highest since May 2022. The data indicates that capital continues...

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crypto-exchange-deribit’s-dubai-based-unit-wins-conditional-vasp-license
Posted by | April 2, 2024
Crypto Exchange Deribit’s Dubai-Based Unit Wins Conditional VASP License

Virtual Asset Regulatory Authority (VARA) grants a conditional virtual asset provider (VASP) license to Deribit’s Dubai-based entity. The exchange is looking to shift its global headquarters from Panama to Dubai....

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bitcoin-drops-over-5%-as-upbeat-us.-factory-data-powers-dollar-index-to-nearly-5-month-high
Posted by | April 1, 2024
Bitcoin Drops Over 5% as Upbeat U.S. Factory Data Powers Dollar Index to Nearly 5-Month High

Bitcoin fell below $66,500 during the Asian hours as the dollar index rose above 105.00 for the first time since mid-November. Data released on Monday shows that U.S. manufacturing activity...

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