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 Outflows From Coinbase Suggest Institutions Are Buying the Dip

Big money continues to chase bitcoin on dips, blockchain data shows.

US dollars

Markets

Bitcoin Rebounds to $51K as Derivatives Market Cools Off

The bitcoin market looks to be in a more healthy state after massive long liquidations blew the froth off the futures market.

Bitcoin prices for the last 24 hours.

Markets

Bitcoin Retakes $50K as Powell Eases Market Jitters, Bond Yields Drop

"The economic recovery remains uneven and far from complete, and the path ahead is highly uncertain," the Fed chairman said.

Federal Reserve Chair Jerome Powell

Markets

Tether Deal With New York State Brings Quick Reversal of Crypto-Market Sell-Off

The settlement appears to remove what might have been a systemic threat to cryptocurrency markets.

Annotated chart of bitcoin prices over the past few hours shows quick reversal after tether news.

Markets

Fed's Powell Offers Bitcoin Bulls Glimmer of Hope as Price Drops to $45K

Jerome Powell is likely to reiterate the Fed's pro-stimulus stance later today, possibly putting a floor under bitcoin and stocks.

Federal Reserve Chairman Jerome Powell

Markets

First Mover: Laser Eyes Can't Stop Correction as Bitcoin Tumbles to $53K

The news flow still looks bullish on bitcoin, but the market appears to have gone too far, too fast.

Latest crypto obsessions include "laser eyes" focused on bitcoin and pixelated cat art. But bitcoin prices are dropping.

Markets

Bitcoin Briefly Drops Below $48K as Analysts Say Rally Overdone, Yellen Comments

Analysts are mixed on how low bitcoin might go if a bigger pullback is seen.

Bitcoin prices for the last 24 hours

Markets

Bitcoin Faces Price Turbulence as Market Liquidity Falls, Says JPMorgan

With liquidity falling in the bitcoin market, smaller trades can have a relatively large price impact.

waves

Markets

First Mover: Bitcoin Meets 'Torrent' as Lowly Binance Coin Gets $40B Valuation

Cryptocurrency exchange Binance's in-house BNB tokens have shot to a $40 billion valuation, ranking them third among digital assets behind bitcoin and Ethereum's ether.

"Lots of liquid poured into a funnel creates a torrent," the bond-investing titan Jeff Gundlach wrote in a tweet, referencing bitcoin and the flood of stimulus money.

Markets

A Sudden Loss of Faith in Tether Would Pose Risk to Bitcoin, JPMorgan Says

"If any issues arise that could affect the willingness or ability of both domestic and foreign investors to use USDT, the most likely result would be a severe liquidity shock to the broader cryptocurrency market," the report says.

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