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 Steady at $48K as OMG Token Hits 3-Year High

OMG’s exchange balance is at its lowest level since September 2018

Lately, bitcoin has gravitated toward $48,000. (Unsplash, modified by CoinDesk)

Finance

CoinDCX Appoints Bollywood Superstar Amitabh Bachchan as Brand Ambassador

CoinDCX is confident the superstar’s mass appeal will bring more visibility for the crypto industry.

Amitabh Bachchan (center) stands with CoinDCX's founders (CoinDCX)

Markets

Polygon Flips Ethereum on Active User Addresses

Increased network usage often translates into higher demand for the native token.

Active user participation in Polygon explodes to a new record high (polygonscan.com)

Markets

Bitcoin Climbs Above $47K as Stocks Fall and Investors Eye Inflation

Reduced probability of a regulatory clampdown on crypto markets seems to be cushioning bitcoin from the instability of traditional markets.

Bull

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Finance

Play-to-Earn Giant Axie Infinity’s Revenue Tanked 40% in September

The company’s monthly revenue was second only to Ethereum’s $830 million among blockchain-based apps, Token Terminal data show.

Axie Infinity land

Markets

Move Over, Carry Trade, These Retail-Friendly DeFi Options Strategies Yield 12%-30%

New DeFi structured products allow retail traders to participate and earn yield in the notoriously complex cryptocurrency options market.

There seems to be no end to what blockchain industry developers are building. The latest innovation is in the cryptocurrency options market. (Creative Commons, modified by CoinDesk)

Markets

Bitcoin Jumps as SEC’s Gensler Reiterates Support for Futures ETF, Dollar Rally May Cap Gains

Bitcoin’s negative correlation with the U.S. dollar is now the strongest since early March.

bull, run

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)

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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)