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

XRP Keeps Rally Hope Alive as Price Holds 38.2% Fibonacci Level, DOGE Uptrend Ends

Fibonacci retracement levels serve as potential areas from which prices resume the primary trend.

XRP holds key Fib level to keep bulls' hopes alive. (geralt/Pixabay)

Markets

U.S. Bitcoin ETFs See Record Daily Outflow of Over $930M as Carry Trades Lose Shine to the 10-Year Treasury Note

Investors pulled out funds from bitcoin and ether spot ETFs Tuesday as dwindling basis in the CME futures dented the appeal of carry trades.

BTC, ETH carry trades lose shine, spurring record ETF outflows. (Pexels/Pixabay)

Markets

XRP, BNB Edge Higher as Bitcoin Bulls Eye $90K After Tuesday Bloodbath

The move higher was in line with a CoinDesk analysis on Tuesday, as a five-month low in a sentiment index and a large-scale liquidation event indicated assets were likely oversold and could see relief in the short term.

(Shutterstock)

Policy

Dubai Approves Circle's Stablecoins USDC and EURC for Use in DIFC

The Dubai Financial Services Authority (DFSA) approved USDC and EURC as recognized crypto tokens within the Dubai International Financial Centre.

Circle (Sandali Handagama/ CoinDesk)

Markets

Bitcoin Traders 'Buy the Dip' as BTC Price Slips Below $88K, Kraken Says

Traders are buying the dip, lifting the perpetual futures long-short ratio, Kraken's Alexia Theodorou told CoinDesk.

BTC's spot price meltdown. (CoinDesk)

Markets

Ether on the Verge of ‘Death Cross’ Pattern; SOL, DOGE, BNB Below 200-Day Average

Ether is on the verge of slipping into a death cross, an ominous momentum indicator, with a mixed record of predicting price trends.

FastNews (CoinDesk)

Markets

Bitcoin Slides Below $87K to 3-Month Low as Nasdaq Futures Dip, Yen Sparks Risk-Off Fears

BTC hits three-month as Nasdaq futures point to continued risk aversion in stocks and the anti-risk Japanese yen strengthens against the U.S. dollar.

Close up of two people's boots at the edge of an ice pool. (Janke Laskowski/unsplash)

Tech

USDe Issuer Ethena Labs Integrates Chaos Labs' Edge Proof of Reserves Oracles to Strengthen Risk Management

The Edge Proof of Reserves Oracles provide a real-time, transparent mechanism to verify that token issuers like Ethena hold sufficient reserves.

(tungnguyen0905/Pixabay)

Markets

Binance Open Bitcoin Futures Bets Jump by Over $1B as BTC Chalks Out Bearish Candlestick Pattern: Godbole

Futures activity hints at an influx of fresh shorts as Monday's bearish marubozu candle points to more losses ahead.

Open BTC futures bets rise as prices drop. (TheDigitalArtist/Pixabay)