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

Are Cryptocurrencies an Inflation Hedge? Theoretically Yes, Factually No Says S&P

Some argue that crypto assets could be in demand in a high-interest rates/high inflation environment because they could serve as a store of value, however crypto's track record is too short to prove this, S&P said.

Cryptocurrencies could in theory offer protection against inflation. (stevepb/Pixabay)

Markets

Bitcoin Trades at Nearly $650 Premium on Binance.US

The widening discrepancy between the bitcoin price on Binance's U.S. arm and global counterparts has some observers worried about impending legal action directed at the unit.

(TradingView)

Markets

First Mover Americas: PEPE Peaks After Binance Listing

The latest price moves in crypto markets in context for May 8, 2023.

Pepe the Frog (PepeCoin's Twitter account)

Markets

Meme Coin Trading Volume Surges to Two-Year High, Signals Caution for Bitcoin Bulls

Speculative mania in meme coins has historically presaged bearish reversals in bitcoin.

Volumen semanal de memecoins. (James Tolan/Dune Analytics)

Markets

Crypto Options Exchange Deribit's Ether Volatility Index Hits Record Low

Deribit's forward-looking ether volatility index (ETH DVOL) hit lifetime lows over the weekend. Expectations for price turbulence appear underpriced considering the lingering macroeconomic uncertainties.

ETH DVOL index (Amberdata)

Markets

First Mover Americas: Meme Coin PEPE Surges to $1B Market Cap

The latest price moves in crypto markets in context for May 5, 2023.

Pepe the Frog (PepeCoin's Twitter account)

Markets

Bitcoin Chalks Out 'Head and Shoulders' Pattern Ahead of U.S. Nonfarm Payrolls: Valkyrie Investments

Although not classically meeting the textbook criteria from technical analysis of a head-and-shoulders pattern, price action since March 19 has painted an extreme high with flanking lower highs, Valkyrie's analysts said.

(geralt/Pixabay)

Markets

Ethereum Gas Fee Surges to 12-Month High as PEPE Frenzy Grips Market

Users pay the fees, measured in fractions of ether (ETH) known as gwei, to execute transactions on the smart contract blockchain.

Pepe the Frog (PepeCoin's Twitter account)

Markets

First Mover Americas: Bitcoin Pushes Above $29K After Fed Rate Hike

The latest price moves in crypto markets in context for May 4, 2023.

(Unsplash)

Markets

Pepecoin Funding Rates Remain Negative as Bears Proliferate

Negative funding rates indicate dominance of bearish positions in the perpetual futures market.

The riot pepe became a calling card of Rook's activist investors. (Hazard/Rook)