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


Finance

Live updates: Bitcoin stuck in tight range as risk assets soar on Iran deal hopes

Japan may have spent as much as $36.6 billion buying yen in the first joint US-Japan action to support the currency since 1998. Bitget Wallet’s Alvin Kan says it can slow a disorderly slide without reversing the broader trend.

BTC

Markets

Why Jim Cramer’s quantum panic isn’t rattling bitcoin as price holds steady around $64,000

Jim Cramer says he's dumping his bitcoin over quantum computing fears, but his track record of crypto and bank calls has buoyed the crypto community.

Jim Cramer (Getty Images)

Markets

A bitcoin wallet dormant since 2013 moved $31 million, and it's not the only one

A 12-year-old bitcoin wallet moved $31 million on Monday, part of a broader wave of dormant coins shifting since the Coldcard hack.

Long-dormant bitcoin wallet moves its coin stash. (Whale Alert)


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Markets

Bitcoin, ether decline as Coldcard exploit enters a fifth day

Nevertheless, the drop in crypto prices seems restrained given the magnitude of losses in the wallet hack and the erosion of confidence in cold storage.

Bitcoin price chart

Finance

Live updates: Bitcoin flirts with $64,000 as stocks start strong in August

ARP Digital’s Yusuf Fakhro said bitcoin’s weakness reflects stalled participation more than forced selling, with ETF flows turning negative, CME open interest back at 2023 levels and Strategy idle for a fifth straight week.

BTC

Markets

The bitcoin futures yield collapse: Once over 20%, now less than Treasury notes

Bitcoin futures’ once-rich carry has evaporated, with quarterly basis yields trailing two‑year U.S. Treasuries since February, a sign of shrinking arbitrage and a maturing market.

BTC futures basis yields less than Treasury notes. (Glassnode)

Markets

Michael Saylor’s Strategy is now tracking bitcoin’s 200-week moving average

Michael Saylor’s company, Strategy, is now closely monitoring bitcoin’s 200-week moving average, a key long-term support level that the cryptocurrency has historically respected.

Saylor's Strategy tracks BTC's 200-week average. (Strategy)

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Markets

Unlike the FTX collapse, the $89 million Coldcard exploit has investors sending bitcoin back to exchanges

The Coldcard vulnerability has smaller bitcoin holders moving funds onto exchanges for safety, according to blockchain analytics firms. This is opposite of the trend seen following the FTX collapse in late 2022.

BTC active addresses surge. (CryptoQuant)

Markets

Binance founder CZ calls for wallet diversification after $70 million Coldcard exploit

Binance founder Changpeng Zhao says hardware wallets can still have bugs and suggests spreading funds across multiple wallets after the major Coldcard security failure.

Changpeng "CZ" Zhao (Nikhilesh De/Modified by CoinDesk)

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