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

Bitcoin Futures Positions at 2-Month High as Traders Go Short

A combination of falling price and rising open interest is said to signal bearish conviction on the part of bitcoin futures traders.

Bitcoin futures traders might be betting on further price declines. Volatility could lie ahead.

Markets

Bitcoin Retakes $31K as Traditional Markets See Risk Reset, BNY Mellon Makes Crypto Push

"Bitcoin is still just chopping around," one analyst said.

CoinDesk placeholder image

Markets

Ether Falls Toward $1.7K as Bitcoin's Price Drop Weighs on Broader Market

One analyst said markets priced in Ethereum's impending EIP upgrade earlier this year.

Bear

Markets

Bitcoin Drops as Investors Buy $22K and $20K Puts

Despite the pickup in demand for $22K puts, the options market remains biased bullish for the long term.

Bitcoin options traders have recently bet on the cryptocurrency ending 2021 at well below the current price.

Advertisement

Markets

Bitcoin Network Sees Fourth Straight Downward Difficulty Adjustment

"The last four adjustments have been downward, and it now looks like the blockchain is back to normal," one analyst said.

mountain-biking-1210066_1280

Markets

FOX Token Rally: Yield Play or ShapeShift DAO Craving?

Crypto analysts are looking at the FOX token's price gain and asking whether it's the latest promotion or the start of a new trend.

The FOX token is suddenly in demand from traders. The question is why.

Markets

XRP Eyes 'Death Cross,' Has Support at $0.51

Previous "death crosses" have marked major or interim price bottoms.

XRP

Markets

Why Bitcoin Needs to Defend $30K

An analysis of trades in the bitcoin options market reveals a crucial price threshold where selling might accelerate.

Bitcoin call options open interest looks highest at  around $40,000, while put options open interest is high at $30,000.

Advertisement

Markets

Google Searches for 'Bitcoin Price' Reach 7-Month Low

From a contrarian standpoint, low levels of crowd chatter on the Internet may be a sign that bitcoin market sentiment can't get much worse.

Fewer people are searching Google for the bitcoin price.

Markets

Bitcoin Under Pressure, Faces Support at $30K

Contracting Bollinger bands suggest a big move is overdue.

Bear