Omkar Godbole

Co-Managing Editor, Markets Team

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.

Latest from Omkar Godbole

Markets

First Mover: Bitcoin 'Comatose' Under $16K for Rest of 2020, While Ether Traffic Eases

Bitcoin is stuck in an ever-tightening range between $10.5K and $10.8K and appears set for a breakout, though options trading suggests $16K might represent an upper bound in 2020.

Oct 8, 2020

Reduced traffic means less congestion on the Ethereum network and reduced fees.

Markets

Bitcoin Options Volume on CME Jumps 300% as Traders Take Bullish Bets

Trading volumes for CME bitcoin options surged as traders made bull call spreads, anticipating a rally.

Oct 8, 2020

Markets

As DeFi Deflates, Ethereum Users Get Reprieve From Soaring Fees, Congestion

The popularity of decentralized cryptocurrency exchanges had backed up the Ethereum blockchain, raising questions about its ability to scale.

Oct 7, 2020

Reduced traffic from decentrentralized exchanges has relieved congestion on the Ethereum blockchain.

Markets

Analysts Can't Agree on What Prompted Big Spike in New Bitcoin Addresses

New bitcoin addresses have spiked this month, with one industry exec pointing to traders moving funds off the legally troubled BitMEX exchange. Others disagree.

Oct 7, 2020

Markets

First Mover: Bitcoiners May Not Care if Dollar Keeps Its Reserve Status

What if the dollar keeps its reserve status? PLUS: FCA ban, McAfee arrest, commercial real-estate wipeout.

Oct 6, 2020

Just as this chariot carried Julius Caesar's trophy of war, the dollar could retain its reserve-currency status.

Markets

Bitcoin's Options Market Retains Long-Term Bull Bias Despite Sluggish Price

Options market data suggests the longer-term path of least resistance for bitcoin is to the higher side.

Oct 6, 2020

Markets

Bitcoin Unlikely to Replace US Dollar as Global Reserve: Marc Chandler

"Backing the dollar is the world's biggest, deepest and the most transparent government bond market," said Marc Chandler, chief market strategist at Bannockburn Global Forex and author of the book "Making Sense of the Dollar."

Oct 6, 2020

Markets

BitMEX Ether Futures Trading Contracts Fall by Half in Wake of US Charges

Open interest on the Seychelles-based cryptocurrency exchange is down nearly 50% from the $125 million observed Oct. 1.

Oct 5, 2020

Ether futures open interest on BitMEX has fallen by half since U.S. charges were announced last week.

Markets

First Mover: Day in the Life of a Yield Farmer Means Part-Time Gig, Full-Time Risk

Yield farming steals crypto traders' obsession as bitcoin's volatility falls to 180-day low; Coinbase employees take severance.

Oct 5, 2020

Markets

Open Interest in CME Bitcoin Futures Slides as Market Sapped by Surging DeFi

Institutional interest in bitcoin futures has plummeted as the DeFi explosion made carry trades less attractive, said Bequant's Denis Vinokourov.

Oct 5, 2020

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