Omkar Godbole

Omkar Godbole is a Co-Managing Editor and analyst on CoinDesk's Markets team. He has been covering crypto options and futures, as well as macro and cross-asset activity, since 2019, leveraging his prior experience in directional and non-directional derivative strategies at brokerage firms. His extensive background also encompasses the FX markets, having served as a fundamental analyst at currency and commodities desks for Mumbai-based brokerages and FXStreet. Omkar holds small amounts of bitcoin, ether, BitTorrent, tron and dot.

Omkar holds a Master's degree in Finance and a Chartered Market Technician (CMT) designation.

Omkar Godbole

Latest from Omkar Godbole


Markets

BTC, XRP, SOL, ETH Witness 'Long Squeeze' as Futures Open Interest Slides With Prices

Thursday's drop in major tokens is likely led by the unwinding of leveraged bullish positions rather than new bearish plays.

A wallet containting banknotes being squeezed by a vice. (stevepb/Pixabay)

Markets

'Wall Streetization' of Bitcoin: BTC Volatility Index and the S&P 500 VIX Boast Record 90-Day Correlation

The correlation between BTC's implied volatility indices and the S&P 500 VIX recently hit a record 0.88.

BTC and S&P 500's volatility indices see record correlation. (PIRO4D/Pixabay)

Markets

Shiba Inu Tanks 7% With Broader Market, But Outperforms DOGE

Despite falling below the 200-day SMA, SHIB remained above the Ichimoku cloud, indicating a potentially bullish long-term trend.

SHIB. (CoinDesk)

Markets

XRP's July Uptrend Threatened as Bitcoin's $120K Price Resistance Holds

XRP breaks the July uptrend line as BTC's MACD hints at a bearish shift in momentum.

XRP prone to profit taking. (shutterstock_248427865)

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Crypto Daybook Americas

Altcoins, NFTs Lure Risk-On Buyers: Crypto Daybook Americas

Your day-ahead look for July 23, 2025

A tightrope walker balances on a wire between two rocky outcrops as the sun sets.(Shutterstock)

Markets

Fartcoin Jumps to Top 10 Based on Derivatives Open Interest, Signals Speculative Frenzy in the Solana-Based Memecoin

Smaller cryptocurrencies show disproportionately high open interest compared to market cap, signaling potential risk for traders.

Casino, roulette table. (whekevi/Pixabay)

Markets

Disguised Unemployment in Blockchain? Data Shows Only 12% of Ethereum, 25% of Solana Protocols Have Revenue

A large number of protocols on the two chains haven't captured any value lately, in what looks like on-chain version of disguised unemployment.

crowd-britain

Markets

Backed Finance's Tokenized Stocks Product Volume Jumps to $300M

Backed Finance's tokenized U.S. equities product, xStocks, has surpassed $300 million in trading volume within four weeks of launch.

Stylized network of light focii covering Earth (geralt/Pixabay)

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Markets

XRP Hits All-Time High Before Forming Bearish Double Top Pattern, Ether Prints 'Doji'

ETH prints a Doji on the daily chart as XRP teases a double top on intraday charts.

XRP prone to profit taking. (shutterstock_248427865)

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