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

First Mover: Tron's Play for WBTC Shows Competition to Relieve Ethereum Congestion

Competition builds in market for tokenized bitcoin, used to get extra profit off holdings of the cryptocurrency recently denigrated as a "pet rock."

Bitcoin has been likened to a "pet rock," but tokenization allows it to be deposited for interest in DeFi applications on the Ethereum blockchain - and now Tron too.

Markets

Up 5%: Bitcoin Sees Biggest Single-Day Price Gain for 2 Months

Bitcoin is eyeing a bull revival above the psychological resistance of $11,000, but a strengthening dollar could put a spanner in the works.

Bitcoin price over 24 hours

Markets

Bitcoin Options Open Interest Hits Record High in Expiry Week

Bitcoin's options market is more popular than ever with record open interest of more than $2.10 billion.

clock-384646_1920

Markets

First Mover: Federal Reserve, Congress Play Game of Chicken Over Stimulus as Market Lurches

Markets from stocks to bitcoin have groaned amid dimming prospects for more U.S. stimulus, and neither Congress nor the Fed are taking the lead.

As traders look for fresh stimulus to keep markets buoyant, neither Congress nor the Fed appears ready to blink.

Markets

Strengthening US Dollar Could Bring Further Downside for Bitcoin

With the U.S. dollar eyeing a pre-election recovery, the path of least resistance for bitcoin may be to the downside.

shutterstock_101087206

Markets

Bitcoin Market Weakening After Macro-Based Sell-Off, On-Chain Data Suggests

Bitcoin inventory is building on exchanges but there's a lack of buyers, according to a Chainalysis economist.

Bitcoin price chart for Wednesday (CoinDesk BPI)

Markets

Bitcoin Traders Say Options Market Understates Likelihood of Chaotic US Election

Analysts warn against reading too much into the complacency suggested by the volatility metrics.

Florida Approves Voting Reform Bill

Markets

First Mover: Bitcoin's Latest Sell-Off Gets Crypto Traders Mulling Election Chaos

Monday's sell-off shows bitcoin is likely to trade off with risky assets like stocks if U.S. election chaos sends markets into a fresh downdraft.

U.S. election chaos in November might spill over into crypto markets.

Markets

Equity Markets Turmoil Could Push Bitcoin Below $10K, Say Analysts

Bitcoin risks falling into four figures on a continued sell-off in equities and rebounding U.S. dollar.

btc cht

Markets

First Mover: Digital Gold Narrative Could Be Bitcoin's Lone Ace as Ethereum Gains

Bitcoin's "digital gold" narrative looks promising as ever, but the cryptocurrency's dominance is waning as Ethereum rides DeFi fever.

Bitcoin's "digital gold" narrative might be its best card in an increasingly competitive game.