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

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Markten

Crypto Traders Cautious on Bitcoin as Fiat Liquidity Measures Point Lower

It would be unusual for bitcoin to stay bullish when fiat liquidity measures are pointing lower, one portfolio manager said.

Water, tap (Arcaion/Pixabay)

Markten

Bitcoin Unlikely to Be Destabilized by Real Yields, Crypto Observers Say

The rise in real yields is more of a headache to blue chip stocks than to markets like technology or crypto and will not disrupt the medium-term growth story, one observer said.

Opyn's Crab strategy offers a new way to generate yield in a comatose market. (James Coleman/Unsplash)

Markten

A $10M Options Bet on Ether Shows Positioning for a Bullish Second Half

A large ether bull call spread crossed the tape Friday, according to Amberdata. The trade involved December call options with strike prices at $1,900 and $2,500.

(472301/Pixabay)

Markten

Bitcoin Steady Near $31K After Options Expiry; Dollar Index Rises Before Key U.S. Inflation Data

With the expiry done, the supposed price magnet at $26,500 from the max pain point is gone and prices could resume the upward journey, a common pattern during the bull market days of 2021.

Bitcoin price. (CoinDesk/Highcharts.com)

Markten

Bitcoin Cash Tops $300 as South Korean Trading Volumes Surge

The bitcoin cash-Korean won (BCH/KRW) pair listed on Upbit has registered a trading volume of $557.63 million in the past 24 hours. That's nearly 3.5 times

Bitcoin cash price (CoinDesk/Highcharts.com)

Markten

First Mover Americas: First Leveraged Bitcoin ETF in U.S. Trades $5.5M on Day One

The latest price moves in crypto markets in context for June 28, 2023.

(Wance Paleri/Unsplash)

Markten

MicroStrategy's Bitcoin Purchases Tend to Be Short-Term Negative for Prices, Research Shows

Past data shows bitcoin tends to drop 2% on the day MSTR announces new purchases.

BTC/USD chart (TradingView)

Markten

CFX Drops 6% After Conflux Network Says DWF Labs Bought $18M of Its Tokens

Conflux token's dour reaction is consistent with the prevailing investor disinterest in alternative cryptocurrencies.

Andrei Grachev Managing Partner DWF LABS (LinkedIn, Modified by CoinDesk)

Markten

TrueUSD Depegs on Binance.US, Drops to 80 Cents Against Tether

TUSD trades at a discount versus Tether as former FTX auditor Armanino's rebranded outlet The Network Firm's association with TrueUSD raises alarm bells on Crypto Twitter.

Unsplash

Markten

Bitcoin Prices Topping $31.9K Would Confirm Long-Term Bullish Bias: Fairlead Strategies

The Ichimoku cloud, created by Japanese journalist Goichi Hosoda in the late 1960s, is used by traders and analysts to monitor momentum and trend direction.

(Allan Nygren/Unsplash)