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

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)

Markets

Ethereum Money Markets See Record Liquidations as Ether Tanks; MakerDAO Revenue Surges

On Friday, MakerDAO collected more than $15 million in liquidation penalty fees.

Ethereum-based lending-borrowing protocols saw record single-day liquidations on Friday. (Delphi Digital, Dune Analytics)

Markets

Bitcoin Drops to 6-Month Low, Ether Eyes Bearish Cross as US Stock Index Futures Erase Early Gains

Bitcoin and ether fell to their lowest levels since July after Goldman Sachs predicted a faster pace of Fed tightening.

Gráfico de precios de bitcoin (CoinDesk)

Markets

Bitcoin Whales Stay Away Even as Technical Indicator Flashes Oversold

RSI can stay oversold longer than dip buyers can stay solvent.

Bitcoin's daily chart RSI signals oversold conditions for the first time since May 2021. (TradingView)

Markets

Crypto Trader Tantra to Liquidate After 'GBTC Discount' Widens to Record

The Grayscale Bitcoin Trust (GBTC) has been trading at a steep discount since last February, but a further widening proved too much for one trading firm.

(moonjazz via Flickr)

Markets

Ether, Altcoins Tank, With Bitcoin as Decoupling Narrative Goes Up in Smoke

Centralized liquidity appears to be dictating the market value of cryptocurrencies promising decentralization.

Ether's price slide (CoinDesk)

Markets

Bitcoin Dips Below $40K During Broader Asia Market Sell-Off

Ether, Solana and other layer 1-associated coins also slip during Asia trading day

Bitcoin's price fell below $40,000 for the first time in months in the early hours of Jan. 21. (CoinDesk Bitcoin Price Index)

Markets

The 3 Reasons Behind Bitcoin-Holder El Salvador's Deteriorating Creditworthiness

President Bukele's bitcoin policy and hawkish Fed expectations are clouding the credit outlook.

El Salvador's five-year credit default swap. (Bloomberg)