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

As XRP Rallies, Some Traders Buy Year-End Bullish Bets in the Options Market

Investors are snapping up bullish bets in anticipation of a resolution of Ripple's legal tussle with the U.S. SEC.

XRP has rallied 28% this month, spurring bets on further gains toward year's end. (Pixabay)

Markets

First Mover Americas: Bitcoin Steady at $19K as Traders Wait for Fed's Decision

The latest price moves in crypto markets in context for Sept. 21, 2022.

Suspense ahead of Fed Chair Jerome Powell's speech Friday is growing among mainstream and crypto traders. (Scott Olson/Getty Images)

Markets

Strengthening Ether-Nasdaq Correlation Muddles Post-Merge Bullish Plays: Cumberland

The Merge has skewed demand-supply dynamics in favor of the bulls. But, the strengthening correlation with Nasdaq means big gains may remain elusive in case of broad based risk aversion.

Ether is again moving in lockstep with technology stocks. (Pixabay)

Markets

Fed Preview: Bitcoin Investors to Look Past Jumbo Rate Hike and Focus on Economic Assessment and Borrowing Cost Estimates

The economy has remained stronger than policymakers expected in July. So hawkish risk is that Federal Reserve Chair Jerome Powell says the inflation fight is still in early stages, implying a higher terminal or peak rate.

Bitcoin and ether traded slightly higher following Fed Chairman Jerome Powell’s latest comments on inflation and the economy. (Jesse Hamilton/CoinDesk)

Markets

Bitcoin's Pre-Fed Weakness Has Chart Analysts Focused on Support at $18.3K

That's a level where traders who have taken long positions may exit, according to one technical analyst.

El análisis gráfico se enfoca en un nivel de soporte clave cerca de los US$18.300. (geralt/Pixabay)

Markets

First Mover Americas: Bitcoin Traders Await Fed, Cosmos Is Heating Up

The latest price moves in crypto markets in context for Sept. 20, 2022.

ATOM has risen 10% to about $15.30 since Thursday. (Andrew Valdivia/Unsplash)

Markets

Cosmos' ATOM Gains, Bucks Post-Merge Lull on Outlook for New Uses, Better Security

Cosmos is likely to announce the interchain security feature next week, opening doors for the token to capture value from the entire network.

ATOM's ether-denominated price has rallied 30% since Thursday. (TradingView)

Markets

First Mover Americas: Bitcoin Drops to 3-Month Low as Crypto Traders Turn to Fed

The latest price moves in crypto markets in context for Sept. 19, 2022.

Bitcoin is at its lowest level in three-months (Sergio Silva/Unsplash)

Markets

Goldman's Bullish Stance on 'Real Bond Yield' Spells Bad News for Crypto

Real yields turned positive early early this year, removing the punch bowl that lubricated the party in risky assets, including cryptocurrencies.

Bitcoin y el rendimiento de bonos a 10 años ligados a la inflación de los Estados Unidos. (TradingView)

Markets

As Ether, Bitcoin Wilt, Trading Firms Blame Lack of Bullish Catalyst for Market Swoon

ETH deposits to exchanges have yet to pull back, one observer noted. Investors began moving coins to exchanges ahead of last Thursday's Ethereum Merge.

Ether cae por debajo de US$1300 mientras el entusiasmo por la fusión se desvanece. (Fuente: CoinDesk, Highcharts.com)