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

Cardano's ADA Token Leads Crypto Majors Lower, Bitcoin Nears $41K as Bond Yields Rise

Bitcoin appears to have led Nasdaq and other risk assets in pricing Fed jitters.

Cardano's ADA token drops 10% (Tradingview)

Markets

Opyn’s New ‘Squeeth’ Raises Ether Trading to the Power of Two

In yet another example of the crypto industry's tendency to combine innovation with leverage, the new "Squeeth" index (for squared-ether) turns the options trade into a perpetual contract and can be used as a hedge.

Aster hits $64 billion in daily volume as traders flock to leverage (Creative Commons)

Markets

Bitcoin May Soon Wake From Slumber, Derivatives Data Indicates

Futures markets remain a powder keg for short-term volatility, one observer said.

Bitcoin traders may get busy again, as high futures open interest points to renewed price volatility (Source: Pixabay)

Markets

Binance Destroys 1.6M BNB Tokens in First-Ever Auto Burn

Token burns are supposedly deflationary and usually meant to bring a store of value appeal to the cryptocurrency.

(Pixabay)

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Markets

Bitcoin: piso de $40.000 no es seguro ante inactividad de institucionales

Un analista dijo que a los operadores les conviene más operar con la volatilidad de la criptomoneda que hacer apuestas direccionales.

Gráfico que muestra el descenso de bitcoin en poder de fondos estadounidenses y canadienses, y de ETFs y ETPs canadienses y europeos. (ByteTree)

Markets

Technical Indicator Points to Bitcoin Price Bounce

The impending bearish moving-average crossover on the weekly chart has proven to be a contrary indicator in the past.

Bitcoin's price chart showing an impending bear cross between the 10- and 50-week moving averages. (TradingView)

Markets

Case for Bitcoin Bottom Near $40K Is Weak as Institutions Stay Away

One observer said traders may be better off trading bitcoin volatility than taking directional bets.

Gráfico que muestra el descenso de bitcoin en poder de fondos estadounidenses y canadienses, y de ETFs y ETPs canadienses y europeos. (ByteTree)

Markets

Bitcoin's Options Market Trims Bearish Bias as US Inflation Report Looms

Bitcoin's put-call skews recede, signaling waning demand for downside protection.

Bitcoin's put-call skews recede as demand for downside protection wanes. (Skew)

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Markets

Blockchain Indicator Suggests Bitcoin Could Be Close to Bottoming Out

Bitcoin looks undervalued relative to the annualized dollar value of coin dormancy.

Bitcoin's entity-adjusted dormancy flow drops under $250,000, indicating a price bottom ahead (Glassnode)

Markets

Bitcoin’s Near 40% Slide Weighs on Crypto Stocks While Coinbase Outperforms

Some institutions use crypto equities as a proxy for cryptocurrencies, one value investor said.

Crypto stocks tank along with bitcoin (CoinDesk, TradingView)

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