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 Drops Below $28K as Options Expire, Traders Borrow WBTC From Aave

WBTC is the largest tokenized version of bitcoin and can be swapped on a 1:1 basis for BTC.

Bitcoin cayó por debajo de US$28.000 ante los vencimientos trimestrales de las opciones. (CoinDesk y Highcharts.com)

Markets

First Mover Americas: Investors Dig Risk Again

The latest price moves in crypto markets in context for March 30, 2023.

Investors are digging into risky assets, including bitcoin. (Getty Images)

Markets

Bitcoin Volatility Likely as Options Worth $4B Expire on Friday

Market makers selling the options may need to buy more bitcoin in the spot market to cover their positions if the cryptocurrency rises further.

(qimono/Pixabay)

Markets

Open Interest in XRP Surges to $800M as Crypto Traders Hope Ripple-SEC Verdict Will Bring 'Alt Season'

If the court rules that XRP is a security, it would mean the same for other alternative cryptocurrencies and subject the broader market to stringent supervision.

El interés abierto en los futuros de XRP alcanzó su nivel más alto desde diciembre de 2021. (Coinglass)

Markets

First Mover Americas: Bitcoin, Up 70% This Year, Rebounds Past $28K

The latest price moves in crypto markets in context for March 29, 2023.

Bitcoin is up over 70% this year.

Markets

Bitcoin Heads for Best Quarter in 2 Years, Outperforms Ether, Gold, Nasdaq

One observer said poor order book depth is primarily responsible for the rally, while others pointed to the cryptocurrency's sound money appeal and Fed pivot speculation as bigger catalysts.

Bitcoin subió más de 70% este año. (CoinDesk/Highcharts.com)

Markets

First Mover Americas: Bitcoin Drops on CFTC’s Suit vs. Binance

The latest price moves in crypto markets in context for March 28, 2023.

Binance Logo (Danny Nelson/CoinDesk)

Markets

CFTC-Binance Lawsuit Could Worsen Crypto Market Liquidity, Pull Bitcoin Down to $25K: Observers

Low liquidity means a wave of buy or sell orders can have an outsized impact on bitcoin's market price.

Grayscale's GBTC has lower liquidity than some rival bitcoin ETFs. (roegger/Pixabay)

Markets

Crypto Pundits Romance the Hyperinflation and Dollar Death Narrative. Is It a Real Scare?

Coinbase's former CTO, among others, has predicted that bitcoin will reach $1 million as the dollar fades, but these doomsayers are ignoring other historical precedents.

(Andriy Onufriyenko/Getty Images)

Markets

Here's Why Crypto Traders Should Be Attentive to 'De-Inversion' of Treasury Yield Curve

The Treasury curve suggests the widely anticipated U.S. economic recession is near. Historically, the signal has brought pain to risk assets.

(ds_30/Pixabay)