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

Stablecoin Lender Liquity's LQTY Token Surges 45% as New York Regulator Goes After Paxos' BUSD

Traders look more closely at decentralized censorship-resistant stablecoin lending protocols like Liquity in the wake of regulatory action on Paxos' centralized dollar-pegged cryptocurrency BUSD.

Liquity's LQTY token jumped 45% on Monday. (TradingView/CoinDesk)

Markets

BUSD pierde su paridad con tether después de que el regulador de Nueva York ordenara a Paxos que deje de crear nuevos tokens

Los traders parecen estar moviéndose desde la stablecoin BUSD de Paxos a tether.

BUSD cotiza con un descuento frente a su rival tether en Binance. (Kaiko)

Markets

BUSD Depegs From Rival Stablecoin Tether After New York Regulator Tells Paxos to Stop Minting New Tokens

Traders seem to be migrating from Paxos' BUSD stablecoin to tether.

BUSD cotiza con un descuento frente a su rival tether en Binance. (Kaiko)

Markets

Correlation Between Crypto Market and Nasdaq Turns Positive Ahead of US CPI Release

Observers expect Tuesday's U.S. CPI report to show continued disinflation in the world's largest economy.

( Edge2Edge Media/Unsplash)

Markets

Bitcoin Market Sentiment Is Most Bullish in 14 Months With US Jobs Report Due

The cost of holding a bullish long position in perpetual futures tied to bitcoin has jumped to the highest since the dizzy bull market days of late 2021.

The difference between prices in perpetual futures and the spot market has flipped positive in a sign of renewed bullish sentiment. (Glassnode)

Markets

First Mover Americas: Binance Returns to South Korea Via GOPAX

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

Changpeng Zhao, commonly known as "CZ", founder and CEO of Binance, at Davos in 2023. (Casper Labs)

Markets

OP Token Surges 25% as Optimism Foundation Proposes 'Bedrock' Upgrade

Layer 2 scaling system Optimism's governance token, OP, has chalked up a 200% rally in four weeks, outperforming market leaders bitcoin and ether by a big margin.

OP alcanzó su máximo histórico mientras Optimism propone la actualización Bedrock. (CoinDesk/Highcharts.com)

Markets

Bitcoin, S&P 500 Close In on Bullish 'Golden Cross' Signal

In the past, bitcoin's big rallies have started with a golden cross, but not all golden crosses have led to a big rally.

The concurrent occurrence of golden cross on bitcoin and S&P 500 might spur more risk taking in financial markets. (TradingView/CoinDesk)

Markets

First Mover Americas: Bankrupt With $1.4B Cash

The latest price moves in crypto markets in context for Feb. 1, 2023.

Fundador y ex CEO de FTX, Sam Bankman-Fried. (Nikhilesh De/CoinDesk)

Markets

Bitcoin and Hang Seng's Stalled Rally Might Mean Wider De-Risking Ahead, TradFi Firm Says

Failures in BTC and Hang Seng are technical warnings signs that these early 2022 halcyon vibes may not last all year, one observer said.

(Pixabay)