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

Solana Proposal, Which Could Cut SOL Inflation by 80%, Gains Limited Validator Support

If approved, the proposal could lead to a sharp reduction in the SOL inflation rate, potentially boosting the token's value.

Solana validators voting in SIMD-0228 proposal. (Solana)

Markets

XRP Short Bias Lingers Amid Ripple Legal Hopes, DOGE Nears Death Cross as BTC Dominance Hits 4-Year High

XRP, Dogecoin, Bitcoin News: XRP Short Bias Lingers Amid Ripple Legal Hopes, DOGE Nears Death Cross as BTC Dominance Hits 4-Year high

BTC's dominance rate. (TradingView/CoinDesk)

Markets

U.S. Treasury Market Most Volatile in 4 Months May Slow Any Bitcoin Price Recovery After CPI

Increased volatility in the Treasury market often leads to reduced risk taking in financial markets.

BTCUSD vs MOVE. (TradingView/CoinDesk)

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Markets

Bitcoin Forms Bullish RSI Divergence Just in Time for U.S. CPI

The bullish divergence means the stage is set for a positive response to a potential soft U.s.

Close-up of the head of a statue of a bull (cjweaver13/Pixabay)

Markets

Bitcoin CME Futures Spread Slides to $490, Undoing the 'Trump Bump' in BTC

The market has likely moved past the narrative that a pro-crypto President is beneficial for the industry, with macro correlations now driving the market.

Slide. (GuentherDillingen/Pixabay)

Markets

Bitcoin's $100K Call Takes the Crown From $120K Bet as Most Popular Options Play on Deribit

Traders opt for a more conservative bet, reassessing their expectations in the wake of the recent price sell-off.

Open interest distribution in BTC options listed on Deribit. (Deribit/Amberdata)

Markets

Leveraged ETFs Tied to Strategy See Trading Volume Surge as Bitcoin-HODLer MSTR Teeters on 200-Day Average

Volume in both leveraged long and short ETFs has increased sharply.

A pen lies on top of a spreadsheet printout (steinarhovland/Pixabay)

Markets

Bitcoin and Nasdaq Could Stabilize as Bull Positioning in Yen Appears Stretched

Stretched positioning and Japanese institutional activity could cap gains in the yen, paving the way for a bounce in Nasdaq and bitcoin.

BTC, Nasdaq may stabilize as JPY bull positioning looks overstretched. (geralt/Pixabay)