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 Drops 2% as European Stocks See Losses on Brexit Concerns

Bitcoin took a dip Tuesday as traditional markets suffer the jitters over fears of a "no-deal" Brexit.

Bitcoin price chart for the last 24 hours

Markets

How One Bitcoin Options Trader Turned $638K Into $4.4M in 5 Weeks

As bitcoin rallied from $13,400 to over $19,000, a trader who bought the $36,000-strike January expiry call saw a paper profit of more than $4 million.

Cheering. (wdstock/ iStock/Getty Images Plus)

Markets

First Mover: Why Mohamed El-Erian Might Have Held Bitcoin at $19K

This year's rapid price gains are unnerving some investors, but NYDIG's Greg Cipolaro argues that bitcoin's growing network could justify $52K in five years.

Allianz Chief Economic Advisor Mohamed El-Erian says he recently sold bitcoin "not based on any deep analysis" after buying some two years ago.

Policy

India Plans to Tax Income From Bitcoin Investments: Report

The country's income tax authority is tracking investors making money amid the ongoing bitcoin price rally and is all set to demand taxes, two sources familiar with the matter told The Economic Times.

The Taj Mahal in Agra, India (Sylwia Bartyzel/Unsplash)

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Markets

First Mover: Bitcoin Below $19K and Customers Flee OKEx

OKEx appears to suffer customer outflows after lifting of five-week withdrawal suspension, highlighting the existential threat of operational risk.

Customers appear to be fleeing the crypto exchange OKEx after the lifting of a five-week withdrawal suspension.

Markets

Bitcoin Price Could Hit $50K in 2021, Bloomberg Analysts Say

"Bitcoin's macroeconomic, technical and demand vs. supply indicators supportive of $50,000 target resistance," according to Bloomberg.

peri-stojnic-yEfAv2GnfRY-unsplash

Markets

OMG Rallies as Genesis Block Ventures Acquires OMG Network

OMG helps speed transactions and lower fees on the Ethereum network by handling transactions off-chain.

OMG!

Markets

First Mover: Ether Eyed as Value Play With Bitcoin Pressing $20K

As prices consolidate below $20K, traders cue off macroeconomic factors - like Biden remark that $908B stimulus would be "down payment."

This one or that one? Investors weigh value proposition of Ethereum's ether as bitcoin pushes to new high.

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Markets

Worsening US Dollar, Inflation Metrics Bode Well for Bitcoin's Continued Rally

A continued decline in the U.S. dollar and rising inflation expectations support bitcoin's long-term bullish case as a hedge asset.

Benjamin Franklin

Markets

First Mover: Short Shrift for XRP Token's 169% Price Surge as Traders Obsess Over Bitcoin

XRP soared 169% in November, topping performance of the CoinDesk 20 digital assets during a month when bitcoin dominated headlines.

XRP dominated the performance rankings of the CoinDesk 20 digital assets in November.