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


Mercati

Rising Dormant Bitcoin Numbers Suggest Holding Is a Preferred Investment Strategy

Almost 69% of circulating bitcoin have been inactive for at least a year.

An increasing figure of inactive bitcoin suggests a decline in the supply available in the market. (Glassnode)

Mercati

Bitcoin Quiet in Asia at $29.3K as Market Hunts for Catalyst

Thursday morning's inflation report from the government was slightly better than economists had forecast.

(CoinDesk Indicies)

Mercati

Reddit Community Tokens Moons and Bricks Soar 50% on Kraken Listing

Kraken and Kraken Pro users can trade both coins against the U.S. dollar and euro in the spot market.

Reddit has submitted a filing with the Securities and Exchange Commission (SEC) to go public on the New York Stock Exchange under the ticker symbol “RDDT.” (Brett Jordan/Unsplash)

Mercati

First Mover Americas: Michael Saylor's Wager on Bitcoin Looking Better

The latest price moves in crypto markets in context for August 7, 2023.

MicroStrategy CEO Michael Saylor, center (Joe Raedle/Getty Images)

Mercati

Fed's Rate Hike Cycle Has Peaked, Investment Banks Say

The end of the tightening cycle, however, doesn't necessarily imply a quick pivot toward zero interest rate policy, meaning animal spirits may not return to the crypto market anytime soon.

Fed's liquidity tightening cycle may have peaked. (stevepb/Pixabay)

Mercati

Crypto Options Traders Bet Against Volatility

"Given the absence of big news in August, selling volatility and taking a vacation for solid theta gains is the only thing I can do right now," one trader said. Crypto traders typically short volatility by selling, or writing, call or put options.

open laptop next to a pen lying on a blank notepad page

Mercati

First Mover Americas: Upbit Moves Up to No. 2 in Spot Trading Volume

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

Upbit-logo

Mercati

Bitcoin Holdings on OTC Desks Decline 33%: Glassnode

Over-the-counter desk balances are widely considered a proxy for institutional activity. Still, caution is warranted when drawing conclusions.

BTC OTC desk balance (Glassnode)

Mercati

Crypto Options Volume on CME Rose to Nearly $1B in July: CCData

The increase suggests that institutions might be hedging their positions.

(Shutterstock)

Mercati

First Mover Americas: Justice Department May Charge Binance With Fraud: Report

The latest price moves in crypto markets in context for August 3, 2023.

Department of Justice (Getty Images)