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

Ether Turns Deflationary as Amount of ETH Burned Spikes Amid FTX-Induced Market Volatility

Ether's net supply increase has turned negative for the first time since Merge.

Ether turns deflationary as network usage spikes. (Source: ultrasound.money)

Markets

First Mover Americas: Justin Sun Rises

The latest price moves in crypto markets in context for Nov. 10, 2022.

Tron founder Justin Son may salvage FTX. (Danny Nelson/CoinDesk)

Markets

Tether Dominates Curve's 3pool Liquidity With DAI, USDC Accounting for Just 15%

Tether accounts for 85% of the total liquidity in Curve's 3pool. While the stablecoin is seeing some volatility, the price remains firmly near the 1:1 U.S. dollar peg,

Curve's 3pool shows investor preference for USDC, DAI over tether. (Curve.fi)

Markets

Ether, Solana Trade at Premium on FTX – Here Is (Probably) Why

The premium stems from users with trapped assets on FTX putting their money into major tokens in hopes of receiving some recovery value, one observer said.

(Pixabay)

Markets

Panic Grips SOL With Record Volatility and Massive Put Demand

An incoming supply deluge seems to have spooked investors in both the spot and derivatives markets.

El mercado de opciones de SOL deja a la vista el estado de pánico de los inversores. (Andrey Metelev/Unsplash)

Markets

Abracadabra's MIM Stablecoin Briefly Lost Dollar Peg as FTX's FTT Token Tanked

FTT is the largest collateral backing MIM, accounting for 33% of the total collateral locked in Abracadabra's "cauldrons."

(CoinGecko)

Markets

BitDAO Community Asks Alameda for Proof of Funds After BIT's Sudden 20% Drop

The BitDAO community has said that it will vote on what to do with its FTT tokens if Alameda fails to provide evidence that it continues to hold BIT tokens as promised. Alameda has promised to provide the evidence soon.

(bluebudgie/Pixabay)

Markets

Bitcoin, Ether Slide as Protective Puts Draw Demand Amid Sell-Off in FTX's Token

Options market tied to bitcoin and ether shows renewed bias for puts, perhaps a sign of investor fears the FTX-Alameda drama may bring another market-wide crash.

Bitcoin's price drops as FTT hits the lowest since February 2021. (Highcharts.com/CoinDesk)

Markets

First Mover Americas: Binance Dumps FTT Tokens

The latest price moves in crypto markets in context for Nov. 7, 2022.

Binance CEO Changpeng Zhao at Consensus Singapore 2018 (CoinDesk)

Markets

Open Interest in FTT Futures Doubles as Binance Moves to Liquidate FTX Token Holdings

Open interest has doubled to $203 million, with bearish bets in demand, as Binance's entry into the FTX-Alameda drama has caused panic among investors.

La entrada de Binance en la saga FTT-Alameda ha logrado que los traders se apresuraran a hacer apuestas cortas en el mercado de futuros de FTT. (Coinglass.com)