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

Deutsche Bank Says Investors Increasingly Prefer Bitcoin Over Gold as Inflation Hedge

The Deutsche Bank analyst's comments are another sign of bitcoin's increasing acceptance in the mainstream of finance.

Deutsche Bank logo (Shutterstock)

Markets

Bitcoin’s Rally Could Be Caused by a Supply Crunch in China

Chinese miners are struggling to sell their crypto in ways that would quickly get them much-needed cash in the face of a government crackdown on local exchanges.

Bitcoin's surging price could be, in part, caused by a drying up of supply.

Markets

First Mover: As Bitcoin Shoots Past $18K, There's Comfort in the Crowded Trade

"Long bitcoin" is one of the most crowded trades in markets, a new survey suggests. But signs indicate many investors are just now getting in. 

Bitcoin surged past $18,000, just a day after breaching $17,000.

Markets

Bitcoin Indicator Suggests Bull Market Is Still in Early Phase

The Mayer Multiple indicator suggests the bull market is still far from peaking, even as bitcoin closes in on its all-time high.

Wall st bull

Markets

First Mover: Bitcoin Tops $17K as Scaramucci Makes Entrée, Ethereum Meets Rival

Ethereum's success as dominant "smart contracts" blockchain attracts rivals, and some investors speculate Polkadot might have momentum.

Bitcoin prices crossed above $17,000 for the first time since January 2018.

Markets

Gold Lags Far Behind Bitcoin as Vaccine Optimism Buoys Markets

Bitcoin is outshining the precious metal by a significant margin as expectations soar of a swift global economic recovery enabled by promising coronavirus vaccines.

vaccine coronavirus syringe-4544448_1920

Markets

Litecoin Flips Bitcoin Cash in Crypto Rankings With Rally to 9-Month Highs

Litecoin is now the seventh-largest cryptocurrency by market capitalization after a rise to $75.

Litecoin prices over the last month

Markets

First Mover: Vaccine Won't Come Fast Enough to Avoid More Stimulus

A rise in coronavirus cases, hospitalizations and deaths could dent consumer confidence and retailer revenue during the crucial holiday shopping season.

A third wave of the coronavirus could spell more trouble for ailing retailers as consumer confidence sinks.

Policy

SEC Chairman Jay Clayton Stepping Down at End of Year

U.S. Securities and Exchange Commission Chairman Jay Clayton will leave his role at the end of this year.

Jay Clayton (CoinDesk archives)

Markets

Record Levels of Negative-Yielding Debt Strengthen Case for Bitcoin: Analysts

With negative-yielding bonds at a new high, investors are looking elsewhere for returns.

dripping tap faucet