Omkar Godbole

Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team based in Mumbai, holds a masters degree in Finance and a Chartered Market Technician (CMT) member. Omkar previously worked at FXStreet, writing research on currency markets and as fundamental analyst at currency and commodities desk at Mumbai-based brokerage houses. Omkar holds small amounts of bitcoin, ether, BitTorrent, tron and dot.

Omkar Godbole

Latest from Omkar Godbole


Markets

Ether Could Continue to Underperform Bitcoin as U.S. Bond Market 'Dis-Inversion' Resumes

The spread between yields on 10-year and three-month Treasury notes has resumed the recovery toward zero. Ether has a strong inverse correlation with the yield spread than bitcoin.

El mercado bajista y la caída en el volumen de trading pesan sobre Coinbase. (Olen Gandy, Unsplash)

Markets

Spot Bitcoin ETF Approvals Could Add $1 Trillion to Crypto Market Cap, CryptoQuant Says

Blockchain analytics firm CryptoQuant’s models predict that $155 billion will flow into the bitcoin market cap should the ETFs be approved.

BitcoinETF: What Comes Next?

Markets

First Mover Americas: FTX Proposes Returning Up to 90% of Customer Funds

The latest price moves in crypto markets in context for Oct. 17, 2023.

FTX founder Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Markets

Crypto Day Ahead: U.S. Retail Sales Data to Test Dollar Buoyancy

Soft data would challenge the "U.S. exceptionalism" story and may hurt the dollar, paving the way for a positive bitcoin price action.

Real world assets are increasingly being seen as a growth area in crypto and TradFi. (Claudio Schwarz/.Unsplash, modified by CoinDesk)

Tech

Lido Finance Sunsets Solana Staking Product After DAO Vote

The staking service for SOL tokens will be discontinued over the coming months, developers said.

LocalBItcoins is sunsetting its exchange. (Johannes Plenio/Unsplash)

Markets

Bitcoin's Rising Dominance Rate Challenges Altcoin Boom From 2021

Bitcoin's dominance rate (index), which measures the top cryptocurrency's share in the total crypto market, touched a 2.5-year high of 52.45% on Monday.

Candle chart with moving average lines

Markets

Trading Bitcoin on Binance Got Tougher During the ETF Rumor Frenzy: Kaiko

Several traders experienced 'slippage' as liquidity declined across major exchanges.

Two large stacked blocks displaying Binance's logo at a trade show.

Markets

First Mover Americas: Bitcoin Spot ETFs Inch Closer to Reality in U.S.

The latest price moves in crypto markets in context for Oct. 16, 2023.

(Nikhilesh De/CoinDesk)

Markets

GameFi Token BIGTIME Rallies 250% in First Week; Analysts Raise Supply Concerns

BIGTIME debuted on select exchanges, including OKX and Coinbase, last Wednesday.

BIGTIME's price (Coingecko)

Markets

Grayscale 'GBTC Discount' Narrows to Near 2-Year Low as SEC Misses ETF Appeal Window

The narrowing of the discount likely represents increased likelihood that Grayscale will be able to convert its close-ended bitcoin trust into a spot-based exchange-traded fund.

GBTC discount (YCHARTS)