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: Bitcoin Acts Like a Tech Stock and Ethereum Classic Traders Shrug Off 51% Attacks

Market onlookers are scrabbling for a new narrative as some argue last week's tech rout might explain bitcoin's latest price drop.

The Nasdaq is the primary venue for U.S.-listed tech stocks (Shutterstock)

Markets

Bitcoin's Correlation With Gold Hits Record High

Bitcoin is now more closely tied to safe haven gold than ever.

(dario hayashi/Shutterstock)

Markets

First Mover: SushiSwap's Billion-Dollar 'Rug Pull' Is Thriller to Crypto Geeks

The "SUSHI rug pull" is a gripping drama in the fast-moving arena of decentralized finance, which apparently is still limited to crypto geeks.

The SushiSwap saga appears to have more plot twists ahead. (George M. Groutas/Creative Commons, modified by CoinDesk)

Markets

Bitcoin Options Suggest Investors Hedging but Still Long-Term Bullish

Bitcoin's options market retains long-term bullish bias despite the recent price pullback, data shows.

Taking the long view (PanyaStudio/Shutterstock)

Markets

DeFi Is Hot but Retail Interest Nowhere Close to ICO Frenzy

It may be too early to draw parallels between the DeFi explosion and the ICO bubble of two years ago.

Did someone say "bubble?"

Markets

Tech Mahindra to Offer Blockchain Solutions on AWS

The Indian tech giant will offer blockchain solutions built on Amazon-managed blockchain.

(MajestiX B/Shutterstock)

Policy

Bitcoin Should Be Regulated Like Stocks in India, Says Think Tank Founder

Because it is similar to other financial assets, India should legitimize bitcoin by regulating it like a corporate stock, according Deepak Kapoor.

Indian Supreme Court, New Delhi (iMetal21/Shutterstock)

Markets

Investors Buying Bitcoin Amid Price Slump to Near $10K, Data Shows

Despite bitcoin shedding over $2,000 in the last few weeks, the "buy the dip" mentality in the market still appears strong.

Prices have shed over $2,000 since Aug. 17 (CoinDesk BPI)

Markets

First Mover: Buying Bitcoin's Dip, Betting Against Tether and Weighing the Jobs Report

Crypto traders appeared to be buying the dip after Thursday's 11% plunge. ALSO: There's a contract for that: How to hedge Tether's credit risk.

There's now a credit-default swap contract on Tether, allowing traders to bet on the credit risk inherent in the dollar-linked stablecoin. (Thomas Rowlandson/Metropolitan Museum of Art, modified by CoinDesk)

Markets

V-Shaped Recovery From Bitcoin's Biggest Drop Since March Unlikely, Say Analysts

Despite a slight bounce Friday morning, some analysts don't expect bitcoin to chart a quick recovery from the double-digit price drop over the last two days.

coindesk-BTC-chart-2020-09-04