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's Deepest 'Backwardation' Since 2020 Crash Shows Traders Prepping for Ethereum PoW Split

Traders have been buying ETH in the spot market and selling ether futures to withstand volatility, creating the unusual dynamic.

Ether futures trade at a discount to spot prices ahead of the Merge. (LauraTara/Pixabay)

Markets

First Mover Americas: Bitcoin Passes $24K for First Time in August; Ethereum’s Buterin Shrugs Off Fork Talk

The latest price moves in crypto markets in context for Aug. 8, 2022.

BTC climbed above $24,000 with volume levels around 310 million. (Daphné Be Frenchie/Unsplash)

Markets

pSTAKE Announces stkBNB to Unlock Liquidity on Staked BNB Token

pSTAKE will allow users to stake any non-zero amount of BNB.

pSTAKE announces BNB liquid staking. (Momentmal/Pixabay)

Markets

DeFi Protocol Voltz Could Bring 150% Interest Rate on Ether Deposits

As the Ethereum blockchain's Merge approaches, traders and venues are seeing the event as an opportunity to pocket fat yields – possibly signaling a renewed appetite for risk in crypto just months after its big market crash.

With memories still fresh from this year's crypto market crash, the Voltz protocol is already looking for ways to let traders use leverage to take more risk. (Pixabay, modified by CoinDesk)

Markets

First Mover Americas: Bitcoin's Rally Loses Steam After US Jobs Report

The latest price moves in crypto markets in context for Aug. 5, 2022.

Bitcoin witnessed some downside after a strong U.S. jobs report for July. (redcharlie/Unsplash)

Markets

Meta's NFT Outreach Powers 38% Rally in FLOW Token

The dollar value of open positions in Binance-listed FLOW futures has increased by 345%, validating the price rally.

Meta will leverage the Flow blockchain as part of its NFT initative. (Tumisu/Pixabay, modified by CoinDesk)

Markets

First Mover Americas: Bitcoin Unaffected by Bank of England's Super-Size Interest-Rate Hike

The latest price moves in crypto markets in context for Aug. 4, 2022.

The Bank of England raised key interest rates by half a percentage point, and yet BTC appears to be unaffected. (KS KYUNG/Unsplash)

Markets

CME to Roll Out Euro-Denominated Bitcoin and Ether Futures on Aug. 29

The launch of the contracts could accelerate the ongoing institutionalization of the crypto market.

The Chicago Mercantile Exchange will soon offer euro-denominated bitcoin and ether futures contracts. (Source: 12019/Pixabay)

Markets

Rare Signal Hinting at Bitcoin Price Bottom Emerges

Bitcoin's difficulty ribbon is compressing, hinting at miner capitulation and a market bottom.

Bitcoin's difficulty ribbon is compressing, indicating a bear market bottom. (ElyPenner/Pixabay)

Markets

First Mover Americas: Crypto Market Trades in the Green Despite Hacks

The latest price moves in crypto markets in context for Aug. 3, 2022.

Even with multiple hacks this week, the crypto market traded mostly in the green on Wednesday morning. (Nicholas Stanley/Unsplash)