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

Analysts Divided on Prospects of Sell-the-Fact Move as Bitcoin ETF Listing Nears

Bitcoin peaked after Coinbase’s debut on Nasdaq on April 14

Bitcoin's price chart (TradingView)

Markets

Bitcoin Faces Resistance Above $62K After Record Weekly Close

Bitcoin has gained more than 40% this month on speculation the SEC will approve an exchange-traded fund.

Bitcoin's four-hour chart with relative strength index (TradingView)

Markets

CME Sees Record Open Interest in Bitcoin Futures Ahead of ETF Debut

Record open interest on the CME represents increased institutional participation

Bitcoin CME futures open interest (bybt)

Markets

Bitcoin Futures ETFs May Boost Cash and Carry Yields

These ETFs could prompt more investors to buy futures. That would drive the futures curve further into contango.

Bitcoin ETF probabilities (Bloomberg Intelligence)

Markets

Bitcoin Erases Spike Above $58K as Fed Minutes Raise Specter of Faster Stimulus Unwinding

Short-term puts are trading at relatively higher prices than calls, signaling nervousness in the crypto market.

(Lightspring/Shutterstock)

Markets

Bitcoin Eases After Rejection at $58.5K, Support at $54K

A key technical indicator signals that upward momentum may be over.

Bitcoin's four-hour chart shows the technical indicator RSI flashing a bearish signal. (TradingView/CoinDesk)

Markets

Bitcoin Hovers Near 200-Hour MA and Close to Its Support

The cryptocurrency is down for a second straight day.

Bitcoin's hourly chart (TradingView)

Markets

Declining Interest in Bitcoin-Margined Futures Promises Less Price Volatility

With volatility likely to subside, more mainstream money may flow into the market.

Declining interest in crypto-margined futures (Glassnode, Delphi Digital)

Markets

Bitcoin Eyes $60K as Active Entities Surge, Price Chart Shows Impending Bull Cross

An increase in network adoption along with a price increase is believed to confirm an uptrend.

Bitcoin's daily chart showing an impending bull cross (TradingView)

Markets

Dying for a Bitcoin Futures ETF? Watch Out for ‘Contango Bleed’

There’s a downside to SEC Chair Gary Gensler’s preference for an exchange-traded fund focused on bitcoin futures. But it’s unlikely to deter investors.

A little-known risk of a bitcoin futures ETF is that it could bleed investor returns. (Unsplash, modified by CoinDesk)