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

Tether Deal With New York State Brings Quick Reversal of Crypto-Market Sell-Off

The settlement appears to remove what might have been a systemic threat to cryptocurrency markets.

Annotated chart of bitcoin prices over the past few hours shows quick reversal after tether news.

Markets

Fed's Powell Offers Bitcoin Bulls Glimmer of Hope as Price Drops to $45K

Jerome Powell is likely to reiterate the Fed's pro-stimulus stance later today, possibly putting a floor under bitcoin and stocks.

Federal Reserve Chairman Jerome Powell

Markets

First Mover: Laser Eyes Can't Stop Correction as Bitcoin Tumbles to $53K

The news flow still looks bullish on bitcoin, but the market appears to have gone too far, too fast.

Latest crypto obsessions include "laser eyes" focused on bitcoin and pixelated cat art. But bitcoin prices are dropping.

Markets

Bitcoin Briefly Drops Below $48K as Analysts Say Rally Overdone, Yellen Comments

Analysts are mixed on how low bitcoin might go if a bigger pullback is seen.

Bitcoin prices for the last 24 hours

Markets

Bitcoin Faces Price Turbulence as Market Liquidity Falls, Says JPMorgan

With liquidity falling in the bitcoin market, smaller trades can have a relatively large price impact.

waves

Markets

First Mover: Bitcoin Meets 'Torrent' as Lowly Binance Coin Gets $40B Valuation

Cryptocurrency exchange Binance's in-house BNB tokens have shot to a $40 billion valuation, ranking them third among digital assets behind bitcoin and Ethereum's ether.

"Lots of liquid poured into a funnel creates a torrent," the bond-investing titan Jeff Gundlach wrote in a tweet, referencing bitcoin and the flood of stimulus money.

Markets

A Sudden Loss of Faith in Tether Would Pose Risk to Bitcoin, JPMorgan Says

"If any issues arise that could affect the willingness or ability of both domestic and foreign investors to use USDT, the most likely result would be a severe liquidity shock to the broader cryptocurrency market," the report says.

(Shutterstock)

Markets

Bitcoin Tops $55K for First Time While Gold Drops to 7.5-Month Low as Stimulus Calls Grow

While bitcoin rose, the price of gold fell to its lowest level since July.

One-bitcoin-is-now-worth-more-than-gold

Markets

First Mover: Who ISN'T Dabbling as Bitcoin Passes $52K, Ether Tops $1,900

The $8.7 trillion-asset BlackRock is "dabbling" in cryptocurrencies – becoming the norm as bitcoin and ether rally to all-time high prices.

Bitcoin has passed $52,000 to reach a new all-time high price, and ether, the second-biggest cryptocurrency, is rallying, too.

Markets

Bitcoin May Be a Better Investment Than Gold, Says DoubleLine CEO Jeffrey Gundlach

Gundlach has previously said, "I don't believe in bitcoin."

Jeffrey Gundlach, CEO of DoubleLine Capital