Omkar Godbole

Managing Editor, Markets

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.

Latest from Omkar Godbole

Markets

First Mover: Bitcoin's Best Week Since July Shows Limited Toll of UK Retail Crypto Futures Ban

Bitcoin holds above $11K after biggest weekly gain since July, despite FCA ban on retail crypto futures trading and inventory drawdowns by miners.

Oct 12, 2020

The U.K.'s prohibition on retail trading of cryptocurrency futures looks to have limited impact and might be misconceived.

Markets

Bitcoin Down 1% After Biggest Weekly Price Gain Since July

Despite a dip today, bitcoin has crossed into bullish territory with the biggest weekly gain since July.

Oct 12, 2020

Markets

Bitcoin Nears $11.5K on US Stimulus Prospects, Seems to Confirm Bullish Trend

Optimism for the prospects for a U.S. stimulus package rose after the White House boosted its offer to Democrats on a pandemic relief package Friday.

Oct 10, 2020

Markets

Bitcoin Must Now Beat $11.2K for Bull Revival, Say Analysts

Bitcoin has woken up from its recent slumber. But a bull revival might need a break above $11,200.

Oct 9, 2020

Bitcoin, gold, S&P 500, and dollar index daily charts.

Markets

First Mover: Bitcoin Hits $11K as Square Exposes $2.3T Corporate Money Pot

Square's $50M bitcoin purchase has analysts doing back-of-the-envelope math on the possibility of rising allocations from corporate treasurers.

Oct 9, 2020

S&P 500 companies have a combined $2.3 trillion in cash and short-term investments, a new money pot for bitcoin marketers.

Markets

Bitcoin Tops $11K for First Time in Almost 3 Weeks

Bitcoin appears to have broken out of its tight trading range over the past two weeks, between roughly $10,500 and $10,800.

Oct 9, 2020

Markets

First Mover: Bitcoin 'Comatose' Under $16K for Rest of 2020, While Ether Traffic Eases

Bitcoin is stuck in an ever-tightening range between $10.5K and $10.8K and appears set for a breakout, though options trading suggests $16K might represent an upper bound in 2020.

Oct 8, 2020

Reduced traffic means less congestion on the Ethereum network and reduced fees.

Markets

Bitcoin Options Volume on CME Jumps 300% as Traders Take Bullish Bets

Trading volumes for CME bitcoin options surged as traders made bull call spreads, anticipating a rally.

Oct 8, 2020

Markets

As DeFi Deflates, Ethereum Users Get Reprieve From Soaring Fees, Congestion

The popularity of decentralized cryptocurrency exchanges had backed up the Ethereum blockchain, raising questions about its ability to scale.

Oct 7, 2020

Reduced traffic from decentrentralized exchanges has relieved congestion on the Ethereum blockchain.

Markets

Analysts Can't Agree on What Prompted Big Spike in New Bitcoin Addresses

New bitcoin addresses have spiked this month, with one industry exec pointing to traders moving funds off the legally troubled BitMEX exchange. Others disagree.

Oct 7, 2020

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