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

Voyager Digital's Token Surges Over 250% on 'Short Squeeze'

A short squeeze refers to a sharp rally fueled by the unwinding of bearish positions or several sellers rushing to take profits.

Short squeeze drove Voyager above $1 on Wednesday. (Highcharts.com, CoinDesk)

Markets

Bitcoin: inversores a largo plazo resisten mientras venta especulativa impulsa precios a la baja

“Es menos probable que los holders vendan BTC durante períodos turbulentos”, dijo el exchange cripto Coinbase en un reporte

Holders de bitcoin retienen sus tenencias en tiempos turbulentos. (Source: Pexels at Pixabay)

Markets

US CPI Preview: Inflation Likely to Climb to New 40-Year High

A hotter-than-expected core CPI figure could bring renewed selling pressure to the bitcoin market.

Inflation in the U.S. probably rose to another four-decade high in June. (Mediamodifier/Pixabay)

Markets

Long-Term Bitcoin Investors Stick It Out as Speculator Selling Drives Prices Lower: Coinbase

"Holders are less likely to sell BTC during turbulent periods," the crypto exchange said.

Holders de bitcoin retienen sus tenencias en tiempos turbulentos. (Source: Pexels at Pixabay)

Markets

Bitcoin 'Bear Flag,' Crypto Options Market Hint at Downside Risk

The hedging behavior of bitcoin market makers could exacerbate a price drop if there's a breakdown in the bearish chart pattern.

Emergence of a bear flag on bitcoin's daily chart suggests downside risk. (TradingView)

Markets

Bitcoin's Inverse Correlation With Inflation-Adjusted Bond Yield Hits Record High

The real yield has surged by over 170 basis points this year, putting pressure on risk assets, including bitcoin.

Bitcoin is increasingly moving in the opposite direction to the inflation-adjusted bond yield. (Pixabay)

Markets

Bitcoin está en una “fase de acumulación”, según indicadores onchain

El Puell Multiple y la puntuación Z de MVRV indican que la criptomoneda está infravalorada. Lecturas similares han marcado el fondo de mercados bajistas en el pasado.

Indicadores clave sugieren que es momento de acumular bitcoin. (RichardMc/Pixabay, PhotoMosh)

Markets

Bitcoin in 'Accumulation' Phase, On-chain Indicators Suggest

Bitcoin's Puell Multiple and MVRV Z-Score indicate the cryptocurrency is undervalued. Similar readings have marked bear market bottoms in the past.

Indicadores clave sugieren que es momento de acumular bitcoin. (RichardMc/Pixabay, PhotoMosh)

Markets

Bitcoin: la “cruz bajista” aumenta una perspectiva de resurgimiento alcista

Un indicador bajista sugiere el final del declive del mercado y un pronto renacimiento del mercado alcista.

Un indicador bajista puede ser señal de resurgimiento alcista. (ColiN00B/Pixabay, PhotoMosh)

Policy

India's Law Enforcement Agency Probes Crypto Exchanges for Forex Violations

The investigation comes amid a slide in the rupee to a record low versus the greenback.

India's law enforcement agency seeks detailed information on alleged forex violations by crypto exchanges. (Pixabay, PhotoMosh)