Omkar Godbole

Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team based in Mumbai, holds a masters degree in Finance and a Chartered Market Technician (CMT) member. Omkar previously worked at FXStreet, writing research on currency markets and as fundamental analyst at currency and commodities desk at Mumbai-based brokerage houses. Omkar holds small amounts of bitcoin, ether, BitTorrent, tron and dot.

Omkar Godbole

Latest from Omkar Godbole


Finance

Synthetix Posts 12.5% Gain Amid Binance Outflows, Bucks Bearish Bitcoin Trend

One newly-created wallet withdrew $7.7 million of SNX and $3.9 million of LPT to prompt the tokens to surge.

SNXUSD chart (TradingView)

Markets

Grayscale's Legal Win Versus SEC Makes Spot Bitcoin ETF Approval More Likely: JPMorgan

For the SEC to defend its denial of Grayscale’s proposal to convert GBTC into an ETF, it would have to withdraw its previous approval of futures-based bitcoin ETFs, which is unlikely, the report said.

Grayscale ad (Nikhilesh De/CoinDesk)

Markets

Bitcoin's Use as Margin Collateral in Crypto Futures Trading Is Growing

Using BTC as collateral for a derivative is effectively a double whammy, according to analysts.

bag of coins

Finance

LSE Group Plans to Offer Blockchain-Powered Market for Traditional Assets: Report

The London Stock Exchange (LSE) is considering using a separate entity for the blockchain-based markets business, according to the Financial Times.

London, Big Ben (12019/Pixabay)

Markets

First Mover Americas: SEC Delays Spot Bitcoin ETF Decision for All Applicants

The latest price moves in crypto markets in context for Sept 1, 2023.

(CoinDesk)

Markets

Lira-Backed TRYB Token Becomes World's Second-Largest Non-Dollar-Pegged Stablecoin

BiLira's TRYB stablecoin is pegged to the lira (TRY) and 100% backed by fiat reserves held in Turkish banks.

TRYB's market cap (Coingecko)

Markets

Ether Heads for 'Death Cross'

A death occurs when an asset's 50-day simple moving average dips below its 200-day simple moving average.

Ether's daily chart (TradingView/CoinDesk)

Markets

First Mover Americas: Musk's X Obtains Payment Licenses in Several U.S. States

The latest price moves in crypto markets in context for August 30, 2023.

(Steve Jurvetson/Wikimedia Commons)

Markets

Bitcoin Holdings on Crypto Exchanges Dwindle to 2M, Fewest Since January 2018

The number of BTC held in wallets tied to crypto exchanges has declined by 4% this month, data tracked by CryptoQuant show.

Bitcoin's exchange reserve (CryptoQuant)

Markets

First Mover Americas: Bitcoin Rallies on Grayscale Court Win Over SEC

The latest price moves in crypto markets in context for August 30, 2023.

(Mark Van Scyoc/Shutterstock)