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


Markets

Institutions Take Bearish Stance on Bitcoin, Create Arbitrage Opportunity

The record discount in the front-month bitcoin futures traded on the CME indicates institutions are biased bearish. The discount may attract arbitrageurs.

The record bitcoin futures discount suggests institutions are biased bearish. (Arcane Research)

Markets

First Mover Americas: FTX's Hacked Funds Are on the Move

The latest price moves in crypto markets in context for Nov. 15, 2022.

(Shutterstock)

Markets

Collapse of Crypto Exchange FTX Sees Long-Term Bitcoin Holders Shift to Distribution

A sustained decline in bitcoin owned by long-term holders may mean a widespread loss of conviction, Glassnode said.

Bitcoin long-term holders have shifted to distribution in the wake of FTX's collapse. (spiceteller/Pixabay)

Markets

Renewed Bitcoin Market Swoon Has Put Price Support At $13K in Crosshairs: Technical Analysis

Bitcoin has now broken below $18,000, which was an area of support in recent weeks. The next levels to watch are $13,500 and $12,500, analysts at Morgan Stanley said.

La nueva caída de bitcoin llevó a los analistas de Morgan Stanley a enfocarse en una zona de soporte de US$13.000. (Morgan Stanley)

Markets

First Mover Americas: FTX Faces Criminal Probe

The latest price moves in crypto markets in context for Nov. 14, 2022.

Former FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk)

Markets

Goldman Cuts Coinbase Price Target to $41, Says Exchange is Fairly Insulated From FTX Collapse

Goldman maintained a sell rating on COIN, revising lower its 12-month price forecast to $41 from $49.

(Ramin Talaie/Getty Images)

Markets

Bitcoin Miners' Balance Slides as FTX Collapse Weighs on Crypto

Data tracked by Glassnode shows, the number of bitcoin held by miner wallets has dropped to a 10-month low.

The number of bitcoin held in miner wallets hits a 10-month low. (Glassnode)

Markets

Binance CEO Zhao Pushes for Crypto Self-Custody; Trust Wallet Token Soars 80% to Record

"Self-custody is a fundamental human right," Zhao tweeted, encouraging people to use the company's Trust Wallet to take control of their coins.

Trust wallet's TWT token surged to a record on Sunday. (Kaiko)

Markets

Huobi Asset Transparency Report Reveals $3.5B in Crypto Holdings

As of Nov. 12, there were 191.84 million Huobi tokens on the platform. The exchange has promised to perform a Merkle Tree Proof of Reserves audit with a third party within 30 days.

(Shutterstock)

Finance

Matrixport's BTC Fixed Income Product Affected by FTX's Collapse

The firm faces no risks of insolvency, Matrixport's spokesperson told CoinDesk.

(Pobytov/iStock/Getty Images Plus)