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

Dogecoin Hits Two-Month High as Shiba Inu Lags in Crypto Rankings

Diverging price trends is helping DOGE consolidate its position as the ninth largest crypto coin. But SHIB isn’t far behind.

A Shiba inu, the dog breed that inspired both DOGE and SHIB, is getting a ride in cryptocurrency markets. (Unsplash, modified by CoinDesk)

Markets

Bitcoin Dips Below $59K as Leverage Ratio, SHIB Rally Signal Excess Speculation

SHIB’s parabolic run has again coincided with a pullback in bitcoin’s price.

Bitcoin estimated leverage ratio

Markets

Bitcoin Holds Support, Bounces to $61.4K

A potential technical breakdown would expose a support level near $54,000.

Bitcoin's four-hour chart (TradingView)

Markets

CME Leveraged Funds Raise Bets Against Bitcoin to Record High as Futures Premium Spikes

Earlier this month, analysts had warned of renewed interest in cash and carry arbitrage.

CME bitcoin futures: Leveraged funds (Skew)

Markets

Fractional-Algorithmic Stablecoin Protocol Frax’s Governance Token Surges 80% on Supply Squeeze

About three-quarters of all circulating FXS supply is locked away for an average of 1.08 years, one analyst said.

FXS price (Messari)

Markets

DCG’s $1B Pledge and an SEC Filing Kindle Fresh Speculation on ‘Grayscale Discount’

Some cryptocurrency analysts are doubtful the discount will shrink anytime.

Grayscale Bitcoin Trust premium/discount (Skew)

Markets

Shiba Inu Hits Record High as Bitcoin Eyes Weekly Price Loss

The previous SHIB coin pump in early May was followed by a market-side sell-off.

Shiba Inu (Getty Images)

Markets

CME Takes Over as Largest Bitcoin Futures Exchange as BITO Pushes Limits

Exchanges enforce positions limits to keep a single entity from establishing unilateral control over the market.

Bitcoin futures exchange rankings by open interest (Skew)

Markets

Bitcoin Bull Market Has Plenty of Steam Left, Indicators Suggest

While the bitcoin market valuations may not be cheap, they do not appear overstretched either.

Bitcoin's MVRV Z-score (Glassnode)

Markets

Bitcoin Holds Above $66K, but Elevated Funding Rates Call for Caution

Elevated funding rates often pave the way for temporary price pullbacks

Bitcoin's average funding rate (bybt)