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's 52-week correlation with USD/JPY hits -0.90, undercutting 'carry trade' theory

Bitcoin’s price has shown an unusually strong negative 52-week correlation with the dollar-yen exchange rate.

Philippe Geluck's sculpture of two cats on a seesaw on the Champs-Élysées

Markets

Tether trades at 7% to 10% premium in India. Exchanges say it's just supply and demand

Executives at major platforms CoinDCX and CoinSwitch say the premium reflects a demand-supply imbalance and thin local liquidity.

Indian flag (Naveed Ahmed/Unsplash)

Markets

Bitcoin under pressure below $60,000 as Japanese yen hits 40-year low against the U.S. dollar

BTC fell in Asia as the Japanese yen tanked to four-decade lows, lifting the dollar higher across the board.

Japan flag in front of a building (Roméo A./Unsplash)

Tech

Private keys, not smart contracts, caused 40% of crypto's $16 billion hack losses. Here's whats being done.

The industry is moving toward fixing the private key vulnerability issue, just not evenly, Wish Wu, co-founder and CEO of Pharos, said.

(Gorodenkoff/Shutterstock)

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Markets

Bitcoin hovers below $60,000 as crypto braces for a pivotal week

BTC added 0.6% to $59,800 to start the week while SOL rose 2%, though derivatives data and chart formations point to continued downside risk.

Bitcoin price (CoinDesk data)

Markets

BIS warns stablecoins are more like ETFs than actual money, and they're creating FX risk

BIS's latest annual report dives into stablecoins and AI trends.

The BIS building in Basel

Finance

Crypto exchange BitMEX loses CEO, CFO and head of growth

The firm’s global general counsel, Peter Wilkinson, has taken over as CEO from Stephan Lutz.

Former BitMEX CEO Stephan Lutz stands in a posed phototgraph. (BitMEX)

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Tech

coverage ended

Live updates: bitcoin pinned to $60,000 as U.S. stocks surge higher

Stocks are about to close out their best quarter since 2020 as crypto continues to get crushed.

Shutterstock

Markets

$4 billion gone. Spot bitcoin ETFs are on track for their worst month on record

Investors have pulled out $4 billion from the U.S.-listed spot bitcoin ETFs in June, the highest outflow on record.

AI trading screens. (TheDigitalArtist/Pixabay)

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