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 Call Demand Signals Anticipation of Year-End Rally

Investors who buy calls are implicitly bullish on the market.

Positive ETH put-call skews indicate fears of a deeper price decline

Markets

Bitcoin, Ether Dip in ‘Bearish Asia Session’ as China Rate Cut Fails to Inspire Risk Buying

Bitcoin has carved out most of its year-to-date gains during the American hours.

Bitcoin has carved out most of its year-to-date gains during the American hours (Fredrick Collins)

Markets

Valkyrie Counters BIS, Says Concern on Bitcoin ETF Front-Running Is Misplaced

Bitcoin’s volatility makes front-running the ETF monthly rolls unviable, one observer said.

Bitcoin CME futures: Longer-dated contracts draw higher prices than short-dated ones (TradingView)

Markets

Bitcoin Holds Steady as BOE Hikes Interest Rate, ECB to Reduce Crisis-Era Stimulus

Institutional interest is prevalent and whales are buying bitcoin during this correction, one analyst said.

ECB image via Shutterstock

Finance

India’s Biggest Crypto Exchange Saw 17-Fold Jump in Trading Volume in 2021

Crypto adoption is booming in semi-urban and rural areas of India despite lingering regulatory deadlock.

CoinDesk placeholder image

Markets

Bitcoin’s Decline Suggests Fed’s Hawkish Policy Shift Is Priced In

A significant de-risking has already happened, leaving the door open for a classic “buy the fact” trade after the Fed decision.

Charts showing a pre-Fed de-risking in bitcoin and dollar's rally on Dec. 15 (TradingView)

Markets

Ether Breaks Short-Term Bullish Trendline; Support Below $3.3K

The broader outlook remains constructive, one analyst said.

Ether's daily price chart on Dec. 14 showing a dive out from the bullish trendline (TradingView)

Markets

Bitcoin CME Futures Slip Into ‘Backwardation’ as Bearish Sentiment Grips Market

Backwardation refers to a market condition where futures prices trade lower than the spot price.

CME one-month futures slipped into discount on Dec. 14 (Skew)

Markets

Bitcoin Exchange Outflows Resume as Stock Markets Get Over Fed Jitters

There are 17 central bank meetings this week, including decisions from the Federal Reserve, Bank of England, European Central Bank and Bank of Japan.

Federal Reserve building (Paul Brady Photography/Shutterstock)

Markets

Bitcoin Under Pressure, Two-Year Treasury Yield Rises to 21-Month High as US Inflation Report Looms

The previous CPI report released last month saw volatile bitcoin trade in the $63,000-$69,000 range.

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