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

Shiba Inu Hits Record High as Bitcoin Eyes Weekly Price Loss

The previous SHIB coin pump in early May was followed by a market-side sell-off.

Shiba Inu (Getty Images)

Markets

CME Takes Over as Largest Bitcoin Futures Exchange as BITO Pushes Limits

Exchanges enforce positions limits to keep a single entity from establishing unilateral control over the market.

Bitcoin futures exchange rankings by open interest (Skew)

Markets

Bitcoin Bull Market Has Plenty of Steam Left, Indicators Suggest

While the bitcoin market valuations may not be cheap, they do not appear overstretched either.

Bitcoin's MVRV Z-score (Glassnode)

Markets

Bitcoin Holds Above $66K, but Elevated Funding Rates Call for Caution

Elevated funding rates often pave the way for temporary price pullbacks

Bitcoin's average funding rate (bybt)

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Markets

Ether Tops $4.2K, Eyes Record High

Ether looks north, having breached a five-month downtrend line

Ether's daily chart (TradingView)

Markets

Ether Awaits Price Breakout After Bitcoin’s Record Daily Close

Ether lags bitcoin as the latter nears a record high price.

Ether and bitcoin daily charts (TradingView)

Markets

Bitcoin Options Open Interest Tops $14B as ProShares ETF ‘BITO’ Goes Live

A pickup in options activity ahead of bitcoin’s ETF listing signifies increased participation by sophisticated investors.

Dollar value of bitcoin's options open interest (bybt)

Markets

Analysts Divided on Prospects of Sell-the-Fact Move as Bitcoin ETF Listing Nears

Bitcoin peaked after Coinbase’s debut on Nasdaq on April 14

Bitcoin's price chart (TradingView)

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Markets

Bitcoin Faces Resistance Above $62K After Record Weekly Close

Bitcoin has gained more than 40% this month on speculation the SEC will approve an exchange-traded fund.

Bitcoin's four-hour chart with relative strength index (TradingView)

Markets

CME Sees Record Open Interest in Bitcoin Futures Ahead of ETF Debut

Record open interest on the CME represents increased institutional participation

Bitcoin CME futures open interest (bybt)

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