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

ECB, BOE Have Scant Leeway to Influence Bitcoin

While all macro decisions matter, the Fed is the most important as it drives the global policy, one observer said.

The ECB building (Source: Pixabay)

Markets

Trader Joe's Native Coin Climbs as the DEX Unveils 'Modular Staking'

People want their DEX tokens to be "modular" in function, and they want to price those functions independently, one investment firm said.

JOE's modular staking allows users to price token's multiple utilities differently. (Source: TradingView)

Markets

Someone Just Moved $3.55B Worth of Bitcoin From 2016 Bitfinex Hack

Bad actors would have a tough time cashing out the stolen bitcoin as most of them are blacklisted.

Source code from the master branch of open-source Bitcoin Core code repository on GitHub. (GitHub, modified by CoinDesk)

Markets

Bitcoin Steady Near $38.5K as Australian Central Bank Ends Easing Program

The RBA announced an end of bond purchases, but signaled it is in no hurry to raise interest rates.

Bitcoin held on to overnight gains as Australia's central bank scrapped its QE program. (Source: CoinDesk, Highcharts.com)

Markets

Bitcoin's Put-Call Ratio Hits 6-Month High as Negativity Rules

The ratio suggests demand for puts is high, one observer said.

Bitcoin's put-call ratio signals increased demand for downside protection. (Skew)

Markets

Bitcoin's 'MACD' Indicator Threatens Long-Term Bullish Bias as Rate Hike Fears Linger

Several Wall Street banks have penciled in five Fed rate hikes for 2022.

Bitcoin's monthly chart with MACD histogram (TradingView)

Markets

Anchor Protocol Reserves Slide as Money Market's Founder Talks Down Concerns

The reserves have slumped 50% in four weeks because of an imbalance between loan demand and deposits.

rusty anchor

Markets

Bitcoin Worth $670M Leaves Centralized Exchanges After Hawkish Fed Comments

Most investors prefer to have direct custody of coins when they intend to hold them for a longer term.

Bitcoin's net exchange flows (Glassnode)

Markets

Bitcoin to Remain Choppy as 'Fed Put' Expires: Analysts

While the outlook for bitcoin is bearish, experts see a limited downside unless there is a significant slide in technology stocks.

(Radomír Šalda/Pixabay)

Markets

Bitcoin-Ether Ratio Hits 3-Month High; Friday's Close Pivotal

The ratio crossed above the 200-day average, signaling continued bitcoin outperformance in the near term.

Bitcoin-ether ratio hits three-month high amid Fed rate-hike expectations. (Fairlead Strategies)