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

Miners Are Selling More of Their Bitcoin. That May Actually Be Bullish

The conventional wisdom could be challenged because miners mainly operate on cash, meaning they need to liquidate their holdings almost daily to fund the cost of mining.

"The Miner" by Constantin Meunier, 1904

Markets

First Mover: ECB Stimulus May Offer Market Hope After Bitcoin Fails (Again) to Break $10K

After another failure above the $10,000 mark, some bitcoin traders are now looking ahead to this week's European Central Bank meeting, where authorities could commit to an extra €500 billion in money injections – er, asset purchases.

ECB

Markets

Bitcoin's Price Drops by 8% in Less Than 5 Minutes

Bitcoin's price fell more than $800 in under five minutes on Tuesday, pushing the broader cryptocurrency market into the red.

CoinDesk's Bitcoin Price Index, June 2, 2020.

Markets

Open Interest in Ether Options Hits Record High on Deribit

Derivative contracts on ether are more popular than ever, as evidenced by record open positions in options listed on the Panama-based derivatives exchange Deribit.

(Credit: Shutterstock)

Markets

First Mover: BSV Doubles in 2020 as Bitcoin Offshoot Wins Devotees

The controversial cryptocurrency is winning in the crypto markets this year as developers and investors see its blockchain's technical differences as a good thing.

BSV chart YTD

Markets

BitMEX Sees Biggest Short Squeeze in 8 Months After Bitcoin Surge

A big short squeeze has taken bitcoin passed a major psychological hurdle – some think its the start of a breakout.

Credit: Shutterstock

Markets

Ether Leads Bitcoin on Price as Investors Prepare for Staking Arrival

Bitcoin has put in a positive June performance in six out of the last eight years. But Ethereum is drawing new investors with the start of staking due this year.

Credit: Shutterstock/wewi-photography

Markets

First Mover: 0x's ZRX Token Surged 67% in May to Become Month's Top Performer

0x's ZRX token was May’s best performing crypto asset, beating bitcoin by a big margin.

Will Warren, co-founder of 0x, speaks at 0xpo. (Credit: Will Foxley for CoinDesk)

Markets

First Mover: Bitcoin Rally Shows Traders Don't Care That Goldman Hates Their Asset Class

Traders can also gloat over how much better bitcoin is performing in 2020 than Goldman Sachs shares.

Goldman Sachs Tower

Markets

Bitcoin Rally Falters as Stocks Drop Ahead of Trump's China Speech

Bitcoin's bulls are taking a breather as the traditional markets get the jitters over rising tensions between the U.S. and China.

U.S. President Donald Trump (Credit: Shutterstock/Evan El-Amin)