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

Fractional-Algorithmic Stablecoin Protocol Frax’s Governance Token Surges 80% on Supply Squeeze

About three-quarters of all circulating FXS supply is locked away for an average of 1.08 years, one analyst said.

FXS price (Messari)

Markets

DCG’s $1B Pledge and an SEC Filing Kindle Fresh Speculation on ‘Grayscale Discount’

Some cryptocurrency analysts are doubtful the discount will shrink anytime.

Grayscale Bitcoin Trust premium/discount (Skew)

Markets

Shiba Inu Hits Record High as Bitcoin Eyes Weekly Price Loss

The previous SHIB coin pump in early May was followed by a market-side sell-off.

Shiba Inu (Getty Images)

Markets

CME Takes Over as Largest Bitcoin Futures Exchange as BITO Pushes Limits

Exchanges enforce positions limits to keep a single entity from establishing unilateral control over the market.

Bitcoin futures exchange rankings by open interest (Skew)

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Markets

Bitcoin Bull Market Has Plenty of Steam Left, Indicators Suggest

While the bitcoin market valuations may not be cheap, they do not appear overstretched either.

Bitcoin's MVRV Z-score (Glassnode)

Markets

Bitcoin Holds Above $66K, but Elevated Funding Rates Call for Caution

Elevated funding rates often pave the way for temporary price pullbacks

Bitcoin's average funding rate (bybt)

Markets

Ether Tops $4.2K, Eyes Record High

Ether looks north, having breached a five-month downtrend line

Ether's daily chart (TradingView)

Markets

Ether Awaits Price Breakout After Bitcoin’s Record Daily Close

Ether lags bitcoin as the latter nears a record high price.

Ether and bitcoin daily charts (TradingView)

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Markets

Bitcoin Options Open Interest Tops $14B as ProShares ETF ‘BITO’ Goes Live

A pickup in options activity ahead of bitcoin’s ETF listing signifies increased participation by sophisticated investors.

Dollar value of bitcoin's options open interest (bybt)

Markets

Analysts Divided on Prospects of Sell-the-Fact Move as Bitcoin ETF Listing Nears

Bitcoin peaked after Coinbase’s debut on Nasdaq on April 14

Bitcoin's price chart (TradingView)