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

India's HDFC Bank Calls Bitcoin a Fad as Exchanges Mull Legal Fight Over Restrictions

HDFC noted a link between bitcoin prices and searches on Google.

Indian rupees

Markets

Bitcoin Drops, Stocks Rally Ahead of Biden's Budget Announcement

Why isn't the prospect of more U.S. stimulus boosting bitcoin's price?

U.S. President Joe Biden

Markets

Bitcoin Options Market Faces Smallest Expiry of Year – But It Could Still Drive Volatility

"Max pain" for the May expiry is $50,000.

Bitcoin open interest, by expiration.

Markets

Bitcoin Outflow From Exchanges Suggests Confidence Crypto Rout Is Over

The fewer coins available for sale on exchanges, the better the chance of markets rising.

glassnode-studio_bitcoin-net-transfer-volume-from-to-exchanges-all-exchanges-7-d-moving-average

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Markets

Fairlead's Stockton Plans to Add Bitcoin Exposure Only After Key Indicator Turns Higher

The analyst who predicted bitcoin's price crash says technical studies have yet to confirm a bottom.

BTC weekly chart 26 May

Markets

Bitcoin Rises Above $40K as Mining Council Plans to Address Environment Concerns

Bitcoin's recovery rally looks to be gathering steam, but the 200-day SMA hurdle is still intact.

Bitcoin 200-day SMA

Markets

Number of Bitcoin Holders Shoots to Record High, Data Shows

Investors with long-term horizons seem to be accumulating cheaper coins.

glassnode-studio_bitcoin-number-of-accumulation-addresses-vs-bitcoin-total-balance-in-accumulation-addresses-2

Markets

As Bitcoin Gyrates Wildly, Some Traders Start to Bet on Things Calming Down

Seasoned traders sell options when the implied volatility is high and buy when volatility is low.

Bitcoin's implied volatility chart showing heightened expectations for price turbulence in days ahead.

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Markets

Bitcoin, Ether Bounce After Disastrous Week for Crypto Market

The battered crypto market is showing signs of life amid bargain hunting by wealthy investors.

Bitcoin price chart for the last 12 hours, May 24

Markets

Bitcoin, Ether Now Down 50% From Last Month's ATH as Rout Resumes

Even if Huobi is the specific catalyst for today's plunge, it's just the latest negative news in the sector that has been battered in the last few weeks.

Bitcoin market crash

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