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 Falls as China Calls for Crackdown on Crypto Mining, Trading

The latest news extended bitcoin's streak of wild price gyrations this week.

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Markets

Institutional Bitcoin Buying Spiked Around Wednesday's Crash

Bitcoin outflows from over-the-counter desks spiked, signaling dip-demand from institutional investors.

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Markets

Risk-Off: Sour Sentiment on Wall Street May Have Added to Bitcoin's Plunge

Stocks drop on lingering inflation scare. Bitcoin fails to draw hedging bids.

The hot air has quickly escaped from the bitcoin market.

Markets

Bitcoin Drops Below $31K Before Rebounding; $8B in Liquidations Triggered

The price of bitcoin is now down more than 30% so far in May, on track for its worst month since November 2018.

The bitcoin price has slipped below the key 200-day simple moving average.

Markets

Why You Shouldn’t Look at Bitcoin Backwardation Like an Oil Trader

Backwardation refers to a downward sloping futures curve where front-month contracts trade at a higher price than far-maturity contracts.

The bitcoin futures market briefly went into backwardation amid this week's price tumult.

Markets

Crypto Exchanges See Fastest Bitcoin Inflows Since ‘Black Thursday’ in March 2020

Inflows are mainly concentrated on the retail-focused Binance, while institutions continue to hold.

Bitcoin inflows to cryptocurrency exchanges surged Monday to a 15-month high.

Markets

Bitcoin Chart Indicator Suggests Worst of Pullback May Be Over

Experienced hands look to be buying the dip as a key bitcoin price indicator suggests the pullback may be coming to an end.

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Markets

Bitcoin Suffers Biggest Pullback This Year, Drops to 3.5-Month Low Near $42K

One trading firm says it's now "very cautious of a gap toward $35K level."

Daily bitcoin price chart, showing year's biggest pullbacks.

Markets

Crypto Options Market Makers Starting to Influence Bitcoin Price

"Market makers were heavily short puts in the range of $52,000 to $50,000, and I estimate were forced to sell nearly 2,900 bitcoin," one trader said.

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Markets

Decentralized Exchange Aggregator 1inch Network Expands to Polygon

The move will provide 1inch users access to liquidity sources on Polygon, like SushiSwap and Aave.

Left to right: 1inch co-founder Anton Bukov, co-founder Sergej Kunz and smart contract developer Mikhail Melnik.