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

Dogecoin Registers Biggest Single-Day Gain in 4 Months, Futures Open Interest Tops $500M

DOGE jumped 10% on Tuesday, its biggest single-day percentage gain since April 3.

DOGE's daily chart (TradingView)

Markets

First Mover Americas: Bitcoin at $29K Continues to Trade Near One-Month Low

The latest price moves in crypto markets in context for July 25, 2023.

CD

Markets

Fed Preview: Crypto Observers See Powell Keeping Door Open for Rate Hikes Beyond July

A 25 basis point rate increase on Wednesday is a foregone conclusion. The question is whether the Fed will continue to raise rates in subsequent months.

Federal Reserve Board Building (AgnosticPreachersKid/Wikimedia)

Markets

Bitcoin Drops to $29K Amid Binance Story, China Woes; XRP, SOL Lead Altcoin Slump

Regulatory uncertainty surrounding Binance, the largest crypto exchange, tends to weigh on crypto prices.

BTC daily price (CoinDesk)

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Markets

First Mover Americas: Bitcoin Starts Week in the Red

The latest price moves in crypto markets in context for July 24, 2023.

(Shutterstock)

Markets

Bitcoin Long-Term Holders Control 75% of Circulating Supply: Glassnode

The balance kept in addresses that hold coins for at least 155 days has increased by $1.87 billion this month.

Bitcoin long-term holder supply (Glassnode)

Markets

Bitcoin Traders Cautious Despite Spot ETF Optimism, Leverage Indicators Suggest

The spot market is in the driver's seat as perpetual futures open interest to market cap ratio remains low, one observer said.

The estimated leverage ratio remains rangebound. (CryptoQuant)

Markets

First Mover Americas: ProShares Dismisses Concerns Over Cost of Tracking Futures

The latest price moves in crypto markets in context for July 21, 2023.

New York Stock Exchange with banner flagging ProShares Bitcoin Strategy ETF on the day it started trading.

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Markets

Large Crypto Token Unlocks Drive Prices Lower Within Two Weeks, Research Suggests

Unlocks are staggered releases of cryptocurrencies that had been frozen to prevent early investors or project team members from selling in large numbers.

(Andrei Akushevich/Getty Images)

Markets

ProShares Says Bitcoin ETF Has Matched BTC Price Closely, 'Roll Cost' Concerns Are Unwarranted

Interest on the ETF's cash balances helps offset the cost of rolling from one set of futures to the next, ensuring a low performance discrepancy, the firm said.

New York Stock Exchange with banner flagging ProShares Bitcoin Strategy ETF on the day it started trading.