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

Fed's Bullard Says Time Is Right to Scale Back Stimulus; Bitcoin Unmoved

The Fed's taper talk presents downside risk to liquidity-addicted financial markets.

St. Louis Federal Reserve President James Bullard

Markets

Bitcoin's Range Play Likely to End With Bullish Breakout: Analyst

"Intermediate-term momentum has been improving based on the MACD histogram," one analyst said.

bull, run

Markets

Bitcoin Listless as New 'Bearish Crossover' Looms

Bitcoin's long-term moving averages are about to produce yet another bearish crossover.

Annotated bitcoin daily price chart.

Markets

Synthetix Rallies as DeFi Protocol Announces Layer 2 Launch

"SNX's upside is in part supported by the latest update from the team in relation to the planned collaboration with Optimism," one analyst said.

Synthetix is used to create synthetic versions of stocks like Apple, Google and Coinbase.

Markets

Traders Make Money Selling 'Strangles' as Bitcoin Goes Quiet

A strangle is essentially a bet that bitcoin’s price won’t break out anytime soon.

Bitcoin options traders are betting the market waters will stay calm.

Markets

Reflation-Trade Rethink Keeps Bitcoin Under Pressure

Reflation bets are those that benefit from a pickup in economic growth and inflation.

shutterstock_1042103449

Markets

Bitcoin Price Consolidation May Be Nearing the End, Indicator Suggests

The cryptocurrency saw big moves in December and April after the Bollinger bandwidth fell to 0.15.

BTCUSD daily bollinger

Markets

Leveraged Funds on CME Trim Bets Against Bitcoin

"This probably has more to do with leveraged funds hedging their long positions in GBTC shares using the CME futures,” one trader said.

Screen-Shot-2021-07-06-at-5.34.22-PM

Markets

Axie Profiting From Booming NFT Economy as Bitcoin Struggles

The boom in the play-to-earn economy comes amid falling yields in the bitcoin and DeFi markets.

The popularity of Axie Infinity's marketplace is helping the price of the project's governance token, AXS.

Markets

Bitcoin Trims Gains as PBOC Steps Up Crypto Crackdown

Bitcoin fell from $35,100 to nearly $34,000 after the news started doing the rounds on Twitter.

People’s Bank of China