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

Bitcoin Decouples From Nasdaq Amid ETF Speculation

The 40-day correlation between the two has declined to zero.

(Kevin Ku/Unsplash)

Markets

After Bitcoin ETF Decision, U.S. Debt Announcement May Be Pivotal for Crypto Traders

The Treasury's next quarterly debt announcement may not turn out as much a tailwind for risk assets as the previous one did.

U.S. Treasury Secretary Janet Yellen at American University (Jesse Hamilton/CoinDesk)

Markets

Bitcoin, Asian Stocks Drop as Traders Pare March Fed Rate Cut Bets

Friday's payrolls will likely compel the Fed to maintain flexibility in its policy decisions going forward, one observer said.

BTC's price (CoinDesk)

Markets

If a Bitcoin ETF Is Approved, Here’s What May Happen

The SEC is on the brink of approving a first spot bitcoin ETF in the U.S. after 10 years of failed applications.

Grafitti of a stylized face and the words What Now? on a white wall

Markets

Bitcoin Traders Pare Bullish Bias as Spot ETF Deadline Nears

BTC calls trade at a much lower premium to puts than in November, as some analysts expect the cryptocurrency to decline following the anticipated debut of spot ETFs in the U.S.

Bitcoin call-put skews (Amberdata)

Markets

Bullish Bitcoin Market Sentiment at Display as 'Buy the Dip' Mentions Soar

Buying the dip is one of the most famous narratives in the crypto community, indicating an intention to purchase the token when the price drops.

(Camilo Jimenez/Unsplash)

Markets

Expected Fed Rate Cuts Support Bull Case in Bitcoin, But There Is a Catch

Renewed rate cuts by the Fed have historically presaged recessions and triggered rotation of money out of risk assets.

The Federal Reserve building in Washington, D.C. (Helene Braun/CoinDesk)

Markets

Polymarket Traders See 89% Chance of SEC Approving Spot BTC ETF by Jan. 15

Some investors have bought the "No side shares" of the prediction contract to hedge against potential delays in the SEC's approval of spot ETFs.

FloorDAO traders were looking for a payout – and got it. (Edgar Degas/Metropolitan Museum of Art, modified by CoinDesk)

Markets

Wild Trading Session Sees Tellor’s TRB Token Slide From $720 to $180 in Hours

Futures tracking the lesser-known token saw $68 million evaporate in leveraged bets in a 24-hour period.

(Chris De Tempe/Unsplash)

Markets

Bitcoin Bullish Bets Costlier Than Ever as Funding Rates Hit Record 66%

Data tracked by Matrixport show global average perpetual funding rates rose to a record 66% annualized early Monday.

Arbitrage trade opens up on TX (Alexander Grey/Unsplash)