Omkar Godbole

Co-Managing Editor, Markets Team

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.

Latest from Omkar Godbole

Markets

Analysts Can't Agree on What Prompted Big Spike in New Bitcoin Addresses

New bitcoin addresses have spiked this month, with one industry exec pointing to traders moving funds off the legally troubled BitMEX exchange. Others disagree.

Oct 7, 2020

Markets

First Mover: Bitcoiners May Not Care if Dollar Keeps Its Reserve Status

What if the dollar keeps its reserve status? PLUS: FCA ban, McAfee arrest, commercial real-estate wipeout.

Oct 6, 2020

Just as this chariot carried Julius Caesar's trophy of war, the dollar could retain its reserve-currency status.

Markets

Bitcoin's Options Market Retains Long-Term Bull Bias Despite Sluggish Price

Options market data suggests the longer-term path of least resistance for bitcoin is to the higher side.

Oct 6, 2020

Markets

Bitcoin Unlikely to Replace US Dollar as Global Reserve: Marc Chandler

"Backing the dollar is the world's biggest, deepest and the most transparent government bond market," said Marc Chandler, chief market strategist at Bannockburn Global Forex and author of the book "Making Sense of the Dollar."

Oct 6, 2020

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.

Oct 5, 2020

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.

Oct 5, 2020

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.

Oct 5, 2020

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.

Oct 2, 2020

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."

Oct 2, 2020

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.

Oct 2, 2020

Pageof 417