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 on Track for Biggest Monthly Price Loss Since May

The SEC’s final verdict on several bitcoin exchange-traded fund (ETF) applications is due next quarter.

Bitcoin 24-hour chart (CoinDesk)

Markets

Bitcoin, Gold Under Pressure as Dollar Tracks US Treasury Yields Higher

A sustained uptick in real or inflation-adjusted yields, not nominal yields, poses downside risk to bitcoin’s price.

Bitcoin's daily chart (TradingView)

Markets

Analysts Turn Negative on Ether as Weekly Chart Tips Bearish

Some price-chart readers see the potential for a steep drop in the next few weeks.

Ether's daily and weekly charts showing bearish indicators. (TradingView/CoinDesk)

Markets

DeFi Tokens PERP, DYDX Lead Crypto Market Higher, Bitcoin Nears $44K

Supposedly censorship-resistant decentralized finance (DeFi) rails see increased activity in the wake of China’s crypto crackdown.

PERP was originally called Strike. (Shutterstock)

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Markets

UNI Token Rises 20% as China’s Blanket Ban on Crypto Businesses Puts Focus on Decentralized Exchanges

Investors turn away from centralized exchanges in the wake of China’s blanket ban on virtual currency businesses.

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Markets

Huobi to Gradually Expel Its China Users in Wake of Ban; Token Slides to 8-Month Low

Huobi token’s price hits the lowest since late January

The price of Huobi's exchange token, HT, sunk to its lowest since January. (TradingView)

Markets

Bitcoin Drops $2K as China Declares Cryptocurrency-Related Business Illegal

Bitcoin erased Thursday’s 3% gain as PBOC stepped up its crackdown on crypto

Bitcoin's daily chart (TradingView)

Markets

Bitcoin Likely to Rally After September Options Expiry: Deribit Poll

Bitcoin options contracts worth $3.3 billion are set to expire today.

Bitcoin is likely to rally after options expiry. (TradingView)

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Markets

Bitcoin to Remain Resilient to Fed’s Impending Taper: Analysts

Analysts say regulatory uncertainty, not tapering, could present downside risk to bitcoin.

Federal Reserve Chair Jerome Powell speaks Wednesday at a press conference following the conclusion of the central bank’s two-day monetary-policy meeting. (FederalReserve.gov screenshot)

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Bitcoin Eyes $3B September Options Expiry After a Drop to $40K

The majority of options are set to expire without value.

Bitcoin options expiry chart by Skew