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

Bitcoin Risks Deeper Price Losses Below 50-Day Average: Analysts

A break below the 50-day simple moving average would shift the focus to long-term support near $25,200, one analyst said.

BTC's daily chart (TradingView/CoinDesk)

Markets

Dogecoin Registers Biggest Single-Day Gain in 4 Months, Futures Open Interest Tops $500M

DOGE jumped 10% on Tuesday, its biggest single-day percentage gain since April 3.

DOGE's daily chart (TradingView)

Markets

First Mover Americas: Bitcoin at $29K Continues to Trade Near One-Month Low

The latest price moves in crypto markets in context for July 25, 2023.

CD

Markets

Fed Preview: Crypto Observers See Powell Keeping Door Open for Rate Hikes Beyond July

A 25 basis point rate increase on Wednesday is a foregone conclusion. The question is whether the Fed will continue to raise rates in subsequent months.

Federal Reserve Board Building (AgnosticPreachersKid/Wikimedia)

Markets

Bitcoin Drops to $29K Amid Binance Story, China Woes; XRP, SOL Lead Altcoin Slump

Regulatory uncertainty surrounding Binance, the largest crypto exchange, tends to weigh on crypto prices.

BTC daily price (CoinDesk)

Markets

First Mover Americas: Bitcoin Starts Week in the Red

The latest price moves in crypto markets in context for July 24, 2023.

(Shutterstock)

Markets

Bitcoin Long-Term Holders Control 75% of Circulating Supply: Glassnode

The balance kept in addresses that hold coins for at least 155 days has increased by $1.87 billion this month.

Bitcoin long-term holder supply (Glassnode)

Markets

Bitcoin Traders Cautious Despite Spot ETF Optimism, Leverage Indicators Suggest

The spot market is in the driver's seat as perpetual futures open interest to market cap ratio remains low, one observer said.

The estimated leverage ratio remains rangebound. (CryptoQuant)

Markets

First Mover Americas: ProShares Dismisses Concerns Over Cost of Tracking Futures

The latest price moves in crypto markets in context for July 21, 2023.

New York Stock Exchange with banner flagging ProShares Bitcoin Strategy ETF on the day it started trading.

Markets

Large Crypto Token Unlocks Drive Prices Lower Within Two Weeks, Research Suggests

Unlocks are staggered releases of cryptocurrencies that had been frozen to prevent early investors or project team members from selling in large numbers.

(Andrei Akushevich/Getty Images)