By Omkar Godbole (All times ET unless indicated otherwise) Move over crypto-USD pairs. As bitcoin BTC$93,190.55 and the broader market consolidate on recent gains, this may be the ideal time to focus on cross pairs, especially the ether-bitcoin (ETH/BTC) ratio. Ether ETH$3,184.82 has gained more… Read More
This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin Bitcoin’s BTC$93,006.37 30-day implied volatility index (BVIV) has contracted sharply to 48, decisively breaking below the bullish trendline established since the September lows. This breakdown signals a dissipation of… Read More
Bitcoin BTC$91,986.14 bounced back on Tuesday, gaining about 6% over the last 24 hours after a sharp sell-off to start the week. The rebound helped drive heavy activity in crypto-related exchange-traded funds (ETFs), especially BlackRock’s iShares Bitcoin Trust (IBIT), which was among the most-traded ETFs… Read More
Bitcoin BTC$86,563.37 traders are increasingly taking defensive positions, bracing for a potential price drop below $80,000 in the new year. “Skew’s sharp step lower shows traders stacking puts, especially into the December 26 expiry, where open interest has concentrated at the $84K and $80K strikes,”… Read More
Crypto market sentiment is beginning to show signs of improvement, as Bitcoin holds above $90,000, with the attitude toward the market now stronger than it was earlier this month when Bitcoin was trading above $100,000. The Crypto Fear & Greed Index, which measures overall crypto… Read More
The effort is starting small, but Texas made an opening foray into a state-based crypto reserve — getting closer to the first government stockpile in the U.S.
