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


Policy

China Says Banks Must Block Crypto Transactions; Market Falls

China's central bank says institutions must not provide trading, clearing and settlement for crypto transactions.

People's Bank of China

Markets

Ether Drops Below $2K, Bitcoin Wilts as China Tells Banks to Cut Off Crypto Transactions

China's central bank said major financial institutions must stop providing trading, clearing and settlement for crypto transactions.

Ether's drop

Markets

Bitcoin Fund Holdings Hit Four-Month Low

"BTC held by ETFs and funds are a significant and measurable sample of network demand," according to ByteTree's CIO.

BTC holdings

Markets

Bitcoin Remains Relatively Resilient Post-Fed as Fiat Currencies Drop Against Dollar

Bitcoin remains relatively resilient, having priced in the Fed's hawkish tilt in advance.

BTCUSD and DXY

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Markets

Bitcoin Holders Become Net Buyers for First Time Since October as 'Death Cross' Looms

"The data show HODLers are buyers here," one research firm noted.

holder net position

Markets

Kyber Network Announces Polygon Integration and Liquidity Mining Program

The Rainmaker program aims to bring more liquidity to Ethereum and Polygon-based decentralized finance (DeFi) ecosystems.

Kyber Network CEO Loi Luu

Markets

Bitcoin Enters Wait-and-See Phase Ahead of Fed Statement

Wednesday's Fed policy statement is likely to see a binary market reaction.

BTCUSD hourly chart

Markets

Hunt for Yield: Wrapped BTC Now Holds More Than 1% of Bitcoin's Circulating Supply

The trend shows how some savvy crypto traders have pivoted to salvage or maintain returns even as bitcoin's price tumbled.

Bitcoin traders are tokenizing the cryptocurrency to run on the Ethereum blockchain for extra yield.

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Markets

3 Things to Watch for Before Calling a Bitcoin Bottom

The Fed's dot plot may show rate hikes before end-2023 versus the March projections that signaled none until 2024, one analyst said.

BTC dominance rate below 50% threshold.

Markets

Bitcoin and Ether Price Indicators Support Near-Term 'Relief Rally'

Bitcoin's weekly stochastic oscillator has turned up from oversold or below -20 levels, a positive sign for the cryptocurrency.

Bitcoin traders may have hopes for a "relief rally."

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