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

Bitcoin, Gold Recover After Jerome Powell Speech Shakes Markets

Bitcoin and gold are reversing losses seen on Thursday after the Federal Reserve's announcement of a more relaxed approach to tackling inflation.

Federal Reserve building, Washington, D.C.

Markets

Binance’s Bitcoin 'Bid-Ask Spreads' Tighten as Cryptocurrency Markets Mature

The narrowing gap between bitcoin buy and sell orders on big exchanges like Binance shows an increasing depth to cryptocurrency markets.

Binance CEO Changpeng "CZ" Zhao (CoinDesk archives, modified by CoinDesk)

Markets

Bitcoin Pops and Drops After Powell Introduces Average Inflation Targeting

Bitcoin whipsawed on Thursday after the Federal Reserve’s chairman signaled tolerance for high inflation, as expected.

btc chart

Markets

First Mover: Monetary Challenges Aren't Just Virtual as Fed's Powell Returns to Jackson Hole

Crypto traders are prepping for a speech by Federal Reserve Chair Jerome Powell in Jackson Hole, Wyoming, where inflation is on the agenda.

View of Grand Tetons near Jackson Hole, Wyoming. (Wikipedia, modified by CoinDesk)

Markets

Bitcoin's Implied Volatility Falls Sharply Ahead of Jerome Powell Speech

Bitcoin’s options market foresees little price turbulence in the short-term, even as markets await a key speech from the chairman of the Federal Reserve.

Implied bitcoin volatility.

Markets

First Mover: Binance's New DeFi Futures Let Crypto Traders Bet on Decentralization

Binance's new "DeFi Index Futures" show the push by centralized crypto exchanges to cash in on this year's frenzy in so-called decentralized finance.

DeFi is hot and traders are getting a new way of indulging. (Metropolitan Museum of Art modified by CoinDesk)

Markets

Bitcoin Drop Squeezes Out Weak Derivatives Positions – And That May Be a Good Thing

Bitcoin’s latest price drop may have a silver lining.

coindesk-BTC-chart-2020-08-26

Markets

Binance Exchange to List Paxos' Gold-Backed Cryptocurrency

PAX Gold, a gold-backed digital asset created by Paxos, will soon launch for trading on Binance.

(dario hayashi/Shutterstock)

Markets

First Mover: Ether Price Swings Make Bitcoin Look Tame as DeFi Speculation Spreads

The success of DeFi on the Ethereum blockchain has brought traders more than just congestion and high transaction fees: Volatility in ether prices.

Ether volatility is brewing. ("Approaching Thunder Storm, Martin Johnson Heade/Metropolitan Museum of Art, modified by CoinDesk)

Markets

Jerome Powell's Coming Inflation Speech May Weigh on Dollar and Boost Bitcoin: Analysts

The Federal Reserve chief is expected to bolster expectations of inflation in a keynote address Thursday. That may be bad for the U.S. dollar but good for bitcoin.

Federal Reserve Chairman Jerome Powell