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

Solana Plunges 14%, XRP, Dogecoin Down 8% as Crypto Market Sell-Off Worsens

Traders said the current bearish sentiment could be overblown and macroeconomic decisions were key to support market growth.

The crypto market has been sliding this week. (Pezibear/Pixabay)

Markets

Memecoins Under Fire as BTC Lullfest Below $100K Revives Memories of 2018

Attendees at Consensus saw memecoins as net negative for the broader crypto market. Some expected the SEC to approve ETFs tied to top altcoins.

BTC, Nasdaq may stabilize as JPY bull positioning looks overstretched. (geralt/Pixabay)

Markets

Solana Whales Increase Engagement in Bearish Options Plays on Deribit Amid SOL Meltdown and Impending Unlock

SOL put options accounted for most of the block trades that crossed the tape on Deribit last week.

Deribit sees a pick up in block trades in SOL options. (jarmoluk/Pixabay)

Markets

Ether Supply Squeeze? Bybit Hacker Emerges as World's 14th-Largest ETH Holder

Ether trades 2% higher as the hacked ETH is seen as a permanently lost supply.

Bybit logo

Markets

Crypto Exchanges Start to Fill Bybit's $1.4B Hole as Hackers Move Stolen Funds

"At Bitget we strongly believe in supporting the community and everyone contributing towards the growth of crypto," company CEO Gracy Chen told CoinDesk.

Crypto hacks, scams and exploits netted some $2 billion this year. (fikry anshor/Unsplash, modified by CoinDesk)

Markets

Arthur Hayes Floats the Idea of Rolling Back Ethereum Network to Negate $1.4B Bybit Hack, Drawing Community Ire

"I would support it because we already voted no on immutability in 2016," Hayes said on X, while Ethereum community strongly criticized it.

Arthur Hayes, CIO, Maelstrom, pictured at CfC St. Moritz 2025 (CfC St. Moritz)

Finance

Crypto Exchange Deribit Still in Talks to Be Acquired by Kraken: Source

A second source said U.S.-listed exchange Coinbase has also been kicking the tires of Deribit.

Deribit CEO Luuk Strijers (Extreme right) at Consensus Hong Kong (CoinDesk)

Markets

LIBRA Memecoin Fiasco Destroyed $251M in Investor Wealth, Research Shows

On-chain data tracked by Nansen shows 86% of traders lost money, a total of $251 million.

Rendering of a tunnel with walls of zeros and ones disappearing into the distance.

Markets

Crypto Has Moved Past FTX, Still Needs 24/7 Risk Management, Brevan Howard Digital CIO Says

Panelists discussed challenges and opportunities in crypto, including managing counterparty, credit and market risks 24/7.

Risk management dominos (CoinDesk archives)