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

Leveraged Funds on CME Trim Bets Against Bitcoin

"This probably has more to do with leveraged funds hedging their long positions in GBTC shares using the CME futures,” one trader said.

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Markets

Axie Profiting From Booming NFT Economy as Bitcoin Struggles

The boom in the play-to-earn economy comes amid falling yields in the bitcoin and DeFi markets.

The popularity of Axie Infinity's marketplace is helping the price of the project's governance token, AXS.

Markets

Bitcoin Trims Gains as PBOC Steps Up Crypto Crackdown

Bitcoin fell from $35,100 to nearly $34,000 after the news started doing the rounds on Twitter.

People’s Bank of China

Markets

Digital-Asset Investment Funds See Net Inflows of $63M

Bitcoin-focused funds attracted $39 million, according to CoinShares.

Crypto-asset fund flows weekly

Markets

Bitcoin's Weekend Price Bounce Fades Even as Exchange Balances Drop

The number of coins held on exchanges has fallen by more 25,000 in two weeks.

glassnode-studio_bitcoin-balance-on-exchanges-all-exchanges-4

Markets

Bitcoin Supply Held by 'Whale Entities' Hits Two-Month High in Bullish Sign

Blockchain data shows wealthy investors are coming back to the bitcoin market.

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Markets

Bitcoin Mining Difficulty Records Largest Drop in History, Price Jumps

Miners who remain operational are likely to become even more profitable over the coming weeks.

bitcoin mining machines at a mining facility operated by Bitmain Technologies Ltd. in Ordos, Inner Mongolia

Markets

Investors Cashing Out of Grayscale Bitcoin Trust Might Bring Market Boost

Investors who locked in borrowed coins will need to repurchase those to repay the loan, cryptocurrency pundits say.

The upcoming unwinding of trades involving the Grayscale Bitcoin Trust could provide a ray of sunshine to a market that has darkened.

Markets

Bitcoin Remains Depressed as Dollar Rallies Ahead of US Nonfarm Payrolls

Bitcoin's fortunes appear closely tied to Federal Reserve's money printing.

BTC and DXY July 2

Markets

Bitcoin Active Addresses at Lowest Number Since April 2020

The decline shows decreasing active user participation on the blockchain network, possibly a sign of weak demand.

Active bitcoin addresses.