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's RSI Warns of Fading Bull Momentum Even as Price Nears Record High

RSI's bearish divergence indicates uptrend fatigue and suggests scope for a bull market correction.

Bitcoin price chart over the past month.

Markets

Bitcoin’s Put-Call Ratio Hits 9-Month High, but That’s Not Necessarily Bearish

The spike may be being fueled by increased put selling, which is usually done when the market is expected to consolidate, or rally.

skew_btc_putcall_ratios-3

Markets

Bitcoin Hits Two-Week High Above $55K Ahead of US Inflation Data

Higher U.S. inflation expected to be revealed today is both good and bad news for bitcoin prices.

Bitcoin prices for the last 24 hours.

Markets

Bitcoin Eyes Record Highs as Market Cap Bounces Back Over $1T

Bitcoin's resilience to the dollar's recent rally has opened the doors for a climb to new record highs, according to one analyst.

Bitcoin prices for the last 24 hours.

Markets

Bitcoin's Stimulus-Led Rise Fades as Stocks Drop, Dollar Gains

Stronger bond yields and a rising dollar are capping price progress for risk assets.

Bitcoin prices for the last 24 hours.

Markets

Bitcoin Retakes $50K on US Stimulus Progress; Uniswap’s UNI Cracks the Top 10

The top cryptocurrency is changing hands near $50,500 at press time, representing a 4% gain on the day.

U.S. President Joe Biden

Markets

Binance Pledges New Controls After 99% 'Flash Crash' in Polkadot Futures

A single large sell order appears to have sent prices for trading contracts on polkadot tumbling from about $33 to 25 cents in less than a minute.

Chart showing the "flash crash" in Binance's perpetual futures contracts on the digital token polkadot.

Markets

The Price Average Is the Line in the Sand for Bitcoin Bulls, Analyst Says

Bitcoin's broader bias remains bullish with prices holding well above the 21-week SMA.

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Markets

Goldman Says Market Overpricing Odds of Fed Rate Hike, In Relief for Bitcoin Bulls

The Fed futures market now anticipates interest rate hikes in 2022, up from 2024 just four weeks ago.

This chart, showing six decades of Federal Reserve interest rates, shows how low they are now on a historical basis.

Markets

Bitcoin Stays Below $50K as Traders Await Fed's Take on Bond Yields

Federal Reserve chairman Jerome Powell is expected to address rising bond yields later on Thursday.

Bitcoin prices for the last 24 hours.