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

Bitcoin Faces 'Cloud Resistance' at $85K, Neutralizes Risk-Reward for Bulls: Godbole

Bitcoin's recent price action is constrained by the Ichimoku Cloud, creating an unfavorable risk-reward scenario for bullish traders.

BTC faces "cloud resistance." (geralt/Pixabay)

Markets

Bitcoin Options Play Shows $100K Target Back in Bulls' Crosshair

The $100K call option has become the most favored bet, with a notional open interest of nearly $1.2 billion.

Deribit BTC options: Distribution of open interest in calls. (Deribit/Amberdata)

Markets

Bitcoin Flat as White House Pushes Mixed Messages on Technology Tariffs

BTC is trading above $84K, while major stock indices in China are up.

Hong Kong (Ryan Mac / Unsplash)

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Markets

Bitcoin Tops $84.5K, Looks to End Downtrend as Trump Exempts Key Tech From Reciprocal Tariffs

Major cryptocurrencies like ETH, XRP, and ADA saw significant gains, indicating increased risk-taking in the market.

Crypto market breadth improves. (ArtTower/Pixabay)

Markets

Crypto Rebound Likely as Trump Tariffs May Bring Down Inflation

Inflation breakevens head south amid the Trump trade war.

U.S. Breakeven Inflation Rates. (MacroMicro)

Markets

Dollar Index Falls to Lowest Level in 3 Years, While BTC Remains Steady

China has increased tariffs on U.S. goods to a cumulative 125%, intensifying the trade war.

DXY Index Price (Investing.com)

Markets

Altcoin Action in Powertrade's Options Market Heats Up Driven by XRP, SOL and DOGE

Market volatility saw traders chase options for hedging and speculative activities.

A traveler examines a departures or arrivals board. (TungArt7/Pixabay)

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Markets

S&P 500 More Volatile Than Bitcoin as U.S. Assets Lose Investor Favor

Investors move away from U.S. assets, causing a rise in Treasury yields and a decline in the dollar index and U.S. stocks.

Watch out for a spike in key bond market index. (Pixabay)