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

Wallets With Over 1,000 Bitcoin Have Hit Record Number: Chainalysis

The data backs the popular narrative that institutional bitcoin investors have been leading the 2020 price rally.

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Finance

India's Banks Are Once More Serving Crypto Traders and Exchanges

Indian banks have started doing business with select cryptocurrency exchanges and their customers, CoinDesk has confirmed.

Mumbai, India

Markets

Bitcoin's Rising Popularity With Investors Means Gold Will 'Suffer': JPMorgan

"The adoption of bitcoin by institutional investors has only begun, while for gold its adoption by institutional investors is very advanced," a JPMorgan managing director wrote in the report.

JPMorgan Chase CEO Jamie Dimon

Markets

First Mover: Why Wells Fargo Won't Recommend Bitcoin to Clients

A Wells Fargo unit doesn't recommend bitcoin to clients because they can't yet hold cryptocurrency in their accounts. What if that changed?   

Wells Fargo clients can't buy cryptocurrencies in their accounts, keeping them from taking part in this year's outsize bitcoin rally.

Markets

Bitcoin's Options Market Skews Bearish as Spot Price Loses Ground

Bitcoin's fall toward $18,000 has revived demand for short-dated put options as a way to hedge downside risk.

Bitcoin price for the last 24 hours

Markets

First Mover: Wells Fargo Bitcoin Briefing Could Signal Bull Run Intact

As banks like Wells Fargo come around to writing about bitcoin, pro crypto analysts are scrutinizing blockchain network activity for clues on market cycle.

Market sentiment has been dampened, as in this 18th century Korean painting of a rainy landscape.

Markets

Bitcoin Drops 2% as European Stocks See Losses on Brexit Concerns

Bitcoin took a dip Tuesday as traditional markets suffer the jitters over fears of a "no-deal" Brexit.

Bitcoin price chart for the last 24 hours

Markets

How One Bitcoin Options Trader Turned $638K Into $4.4M in 5 Weeks

As bitcoin rallied from $13,400 to over $19,000, a trader who bought the $36,000-strike January expiry call saw a paper profit of more than $4 million.

Someone is happy about a bull market.

Markets

First Mover: Why Mohamed El-Erian Might Have Held Bitcoin at $19K

This year's rapid price gains are unnerving some investors, but NYDIG's Greg Cipolaro argues that bitcoin's growing network could justify $52K in five years.

Allianz Chief Economic Advisor Mohamed El-Erian says he recently sold bitcoin "not based on any deep analysis" after buying some two years ago.

Policy

India Plans to Tax Income From Bitcoin Investments: Report

The country's income tax authority is tracking investors making money amid the ongoing bitcoin price rally and is all set to demand taxes, two sources familiar with the matter told The Economic Times.

The Taj Mahal in Agra, India (Sylwia Bartyzel/Unsplash)