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


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Reflation-Trade Rethink Keeps Bitcoin Under Pressure

Reflation bets are those that benefit from a pickup in economic growth and inflation.

shutterstock_1042103449

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Bitcoin Price Consolidation May Be Nearing the End, Indicator Suggests

The cryptocurrency saw big moves in December and April after the Bollinger bandwidth fell to 0.15.

BTCUSD daily bollinger

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Leveraged Funds on CME Trim Bets Against Bitcoin

"This probably has more to do with leveraged funds hedging their long positions in GBTC shares using the CME futures,” one trader said.

Screen-Shot-2021-07-06-at-5.34.22-PM

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Axie Profiting From Booming NFT Economy as Bitcoin Struggles

The boom in the play-to-earn economy comes amid falling yields in the bitcoin and DeFi markets.

The popularity of Axie Infinity's marketplace is helping the price of the project's governance token, AXS.

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Merkado

Bitcoin Trims Gains as PBOC Steps Up Crypto Crackdown

Bitcoin fell from $35,100 to nearly $34,000 after the news started doing the rounds on Twitter.

People’s Bank of China

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Digital-Asset Investment Funds See Net Inflows of $63M

Bitcoin-focused funds attracted $39 million, according to CoinShares.

Crypto-asset fund flows weekly

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Bitcoin's Weekend Price Bounce Fades Even as Exchange Balances Drop

The number of coins held on exchanges has fallen by more 25,000 in two weeks.

glassnode-studio_bitcoin-balance-on-exchanges-all-exchanges-4

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Bitcoin Supply Held by 'Whale Entities' Hits Two-Month High in Bullish Sign

Blockchain data shows wealthy investors are coming back to the bitcoin market.

A whale tailfin sinks below the ocean surface. (Paola Ocaranza/Unsplash)

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Merkado

Bitcoin Mining Difficulty Records Largest Drop in History, Price Jumps

Miners who remain operational are likely to become even more profitable over the coming weeks.

bitcoin mining machines at a mining facility operated by Bitmain Technologies Ltd. in Ordos, Inner Mongolia

Merkado

Investors Cashing Out of Grayscale Bitcoin Trust Might Bring Market Boost

Investors who locked in borrowed coins will need to repurchase those to repay the loan, cryptocurrency pundits say.

The upcoming unwinding of trades involving the Grayscale Bitcoin Trust could provide a ray of sunshine to a market that has darkened.

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