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

Against the Odds, Some Bitcoin Traders Are Betting on a $36K Price by Year's End

The Deribit exchange has seen a spike in investors buying the $36,000 December call option despite the market placing low odds on a new record high this year.

skew_top_btc_options_oi_change__prev_day-2

Markets

Bitcoin Holds Firm Above $10K but Strong Bounce Proves Elusive

Bitcoin is trapped in the narrow range of $10,000 to $10,500, but on-chain metrics hint at a rally revival ahead.

Bitcoin prices since Monday (CoinDesk BPI)

Markets

First Mover: DeFi 'Vampire' SushiSwap Sucks $800M from Uniswap; BitMEX Basis Lags

SushiSwap, the "vampire mining" protocol, sucked more than $800 million from rival Uniswap in the latest DeFi mind-bender. PLUS: BitMEX futures distortions.

MOSHED-2020-9-10-7-37-32

Markets

Ether Traders May Be Hedging Against DeFi Slowdown: Analyst

Some are calling the white-hot Defi space a bubble that is unsustainable.

Deflated ball (Javier Crespo/Shutterstock)

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Markets

Structural Issues May Be Causing BitMEX’s Low Bitcoin 'Cash and Carry' Returns

BitMEX may be one of the largest crypto derivatives platforms, but it offers the lowest return on bitcoin "cash and carry" trades.

This isn't how a "cash and carry" trade works. (Pixabay)

Markets

First Mover: Bitcoin Acts Like a Tech Stock and Ethereum Classic Traders Shrug Off 51% Attacks

Market onlookers are scrabbling for a new narrative as some argue last week's tech rout might explain bitcoin's latest price drop.

The Nasdaq is the primary venue for U.S.-listed tech stocks (Shutterstock)

Markets

Bitcoin's Correlation With Gold Hits Record High

Bitcoin is now more closely tied to safe haven gold than ever.

(dario hayashi/Shutterstock)

Markets

First Mover: SushiSwap's Billion-Dollar 'Rug Pull' Is Thriller to Crypto Geeks

The "SUSHI rug pull" is a gripping drama in the fast-moving arena of decentralized finance, which apparently is still limited to crypto geeks.

The SushiSwap saga appears to have more plot twists ahead. (George M. Groutas/Creative Commons, modified by CoinDesk)

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Markets

Bitcoin Options Suggest Investors Hedging but Still Long-Term Bullish

Bitcoin's options market retains long-term bullish bias despite the recent price pullback, data shows.

Taking the long view (PanyaStudio/Shutterstock)

Markets

DeFi Is Hot but Retail Interest Nowhere Close to ICO Frenzy

It may be too early to draw parallels between the DeFi explosion and the ICO bubble of two years ago.

Did someone say "bubble?"

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