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


Tech

Wall Street Veteran Jim Bianco Says DeFi is 'Recreating' the Financial System

DeFi could do for finance what ride-sharing did for taxi companies, Bianco said.

Jim Bianco, president of Bianco Research LLC

Markets

Bitcoin Retakes $50K, a Key Level for a Bull Revival

If bitcoin can stay above $50,000, it would mark an end to the recent pullback, an analyst said.

Bitcoin prices for the last 24 hours.

Markets

DeFi Protocol SushiSwap's SUSHI Token Hits Record High, Eyes Further Gains

Institutional investors might be warming to tokens associated with decentralized finance (DeFi).

SUSHI prices have staged a (not so steady) rally over the past month.

Markets

Institutions Are Making Bullish Bets on Bitcoin Rallying to $75K by May - Or Even Higher

Institutions are loading up on bull call spreads in anticipation of a continued bitcoin price rally.

chart screen volatility

Markets

Bitcoin Heads Back Toward $50K, Rebounding From Disastrous Week

The largest cryptocurrency was up more than 8% Monday, rebounding after its worst seven-day stretch since the coronavirus sell-off in March 2020.

Green "candle" at far right of daily price chart shows Monday's jump after declines on six of the prior seven days.

Markets

Bitcoin Risks 'Spiraling Price' on Environment, Regulatory Concerns: BCA Research

ESG funds will seek to avoid bitcoin investment, the research firm noted.

Escaleras. (Archivo de CoinDesk)

Policy

India's Central Bank Sees Pros and Cons With National Digital Currency

A CBDC could promote financial inclusion but also poses a risk of harming the banking system, the RBI said in a report.

Reserve Bank of India

Markets

Bitcoin Bounces Back Above $47K Despite Bearish Chart Pattern

A bearish engulfing candle is just one signal among many market indicators and some analysts say the bull market is intact.

Bitcoin prices for the last 24 hours.

Markets

Splashy Canadian Bitcoin ETF Sees Inflows Slow as Price Drops

The fast-growing Purpose Bitcoin ETF was projected to hit $1 billion by the end of this week, but as of Friday the assets were less than $700 million.

Purpose Bitcoin ETF's holdings have soared since the vehicle launched, but the flows have slowed in the past few days as bitcoin prices fell.

Markets

Bitcoin Drops Below $45K, Eyes Biggest Weekly Price Loss Since March 2020

Both bitcoin and stocks had been showing signs of weakness since the beginning of the week.

BTC weekly chart