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

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.

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.

MOSHED-2020-10-5-7-27-42

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.

skew_cme_bitcoin_futures__total_open_interest__volumes_-4

Markets

Bulls Exit BitMEX Bitcoin Futures Market

Since the announcement from U.S. regulators, BitMEX has witnessed an outflow of more than 40,000 bitcoins, currently worth more than $422 million.

Cumulative bitcoin withdrawals from BitMEX from Oct. 1 17:00 UTC to Oct. 2 14:00 UTC

Markets

Trump COVID Test, BitMEX Charges Bring October Shocks for Bitcoin

Crypto analysts scramble to assess U.S. charges against BitMEX, home of 100x bitcoin perpetual swaps and a venue for getting "rekt."

October is often a volatile month on Wall Street.

Markets

BitMEX Moves $337M in Bitcoin Ahead of First User Withdrawals Since US Charges

Bitcoin outflows from prominent crypto derivatives exchange BitMEX are already up in the wake of charges from U.S. regulators announced Thursday.

Bitcoin outflow from BitMEX

Markets

First Mover: Nine (Bullish) Bitcoin Predictions for Final Months of (Awful) 2020

Bitcoin is outperforming pretty much every other asset class this year, with a 50% YTD gain. Analysts are bullish heading into 4Q.

(MOSHED)

Markets

Bitcoin Posts Biggest Monthly Price Loss Since March

Bitcoin faced selling pressure in September as the U.S. dollar rose against major currencies for the first time in six months.

Bitcoin prices for September 2020

Markets

Bitcoin May Return to Center Stage After Ethereum's White-Hot Summer

With the U.S. elections just five weeks away, the crypto market's focus looks to be shifting back to bitcoin from ether.

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Markets

First Mover: Binance CEO Sees Future in DeFi While Bitcoin Volatility Turns Minuscule

Binance CEO isn't ashamed to discuss DeFi's future – and how the fast-moving arena might represent the future of his industry-leading crypto exchange.

Binance CEO Changpeng "CZ" Zhao.