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

Turkish Lira Is Now More Volatile Than Bitcoin

The lira nosedived in the final quarter of 2021 as Turkey cut interest rates amid high inflation.

Bitcoin and USD/TRY price charts and historical volatilities. (TradingView)

Markets

Bitcoin Slips to 3-Month Low, Analysts Divided on Impact of Fed’s Tightening

The fears of the Fed’s tightening leading to a prolonged bear market in stocks and digital assets might be overblown, one observer said.

Bitcoin slips to three-month low (CoinDesk, Highcharts.com)

Markets

Bitcoin May Squeeze Higher as Retail Interest Subsides: Analysts

On-chain metrics like the “paper hands” ratio from Glassnode suggest a bottom could be nearing, one analyst said.

Chart showing a pick up in BTC-denominated open interest and neutral-to-negative funding rates (Arcane Research, Glassnode)

Markets

Bitcoin Holds Support Ahead of Fed Minutes, March Rate Hike Probability Rises

The Fed’s asset purchase program is set to end in March.

Bitcoin holds range support ahead of Fed minutes (TradingView)

Markets

CRV Extends Rally as ‘Curve Wars’ Intensify

More and more protocols are building off of Curve, and an entire ecosystem is emerging, engaged in the so-called Curve Wars, one analyst said.

CRV extends five-month winning trend, decoupling from the weakness in top coins

Markets

Salvadoran President Bukele Expects Bitcoin to Reach $100K This Year

El Salvador adopted bitcoin as an official currency last year.

El Salvador (Esaú González, Unsplash)

Markets

Bitcoin’s Net Exchange Flows Flip Bearish as Cryptocurrency Struggles for Directional Bias

Net inflows imply investor intention to sell, while consistent outflows represent strong holding sentiment.

Centralized exchanges saw net inflows for the first time in five months. (Glassnode)

Markets

CME Trades 100K Contracts of Micro Ether Futures in First Two Weeks

The micro ether contracts are off to a slow start compared with early activity in micro bitcoin futures launched on May 3.

CME trading floor (Joseph Sohm/Shutterstock)

Markets

Terra’s LUNA Notches New Record High Above $90 Even as ‘Shorts’ Keep Piling

LUNA has rallied 58% this month, decoupling from the broader market.

Chart showing a surge in amount of dollars locked in LUNA perpetual futures (Laevitas)

Markets

NFTs Are More Popular Than Ever Despite Sour Mood in Wider Crypto Market

Peak popularity does not imply an increase in actual buying pressure from retail investors.

(Bored Ape Yacht Club, modified by CoinDesk)