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

First Mover Americas: Ethereum Merge Spawns Watch Parties, But 'Jail Kwon' Token Gets More Hype

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

Terraform Labs CEO Do Kwon (CoinDesk TV, modified)

Markets

Merge-Focused Hedging Makes Ether Shorts Most Expensive in 16 Months

Some traders appear to hedge their ETH bullish exposure in case the Merge has any technical issues, driving the cost of holding bearish bets higher.

Ether's funding rate slide, indicating a surge in the cost of holding short positions. (Arcane Research)

Markets

Path Forward for Crypto Gets Tougher After US CPI Report Comes in Hot

It's becoming a game of Whac-A-Mole for the Federal Reserve to keep consumer prices from shooting up. That might mean an aggressive-for-longer stance on monetary policy, ostensibly a negative driver of prices for risky assets from stocks to cryptocurrencies.

Prices for cereals and bakery products shot up 1.2% in August from July. (Creative Commons, modified by CoinDesk)

Markets

Canadian Prime Minister Justin Trudeau Attacks Opposition for Recommending Bitcoin as Inflation Hedge

Earlier this year, Pierre Poilievre, the new leader of the opposition Conservative Party, said he supports bitcoin as an inflation-beating asset.

Canadian regulators are working with their U.S. counterparts in investigating crypto lender Celsius Network. (Chris Robert/Unsplash)

Markets

First Mover Americas: Bitcoin Tumbles Below $22K on Higher-Than-Expected US Inflation

The latest price moves in crypto markets in context for Sept. 13, 2022.

(Luismi Sánchez/Unsplash)

Markets

Bitcoin Hits 3-Week High on Dollar Weakness, But TradFi Firms Retain Bullish Bias on Greenback

Investment banks like UBS and ING expect the dollar to remain supported over the near term.

The dollar may soon rebound, capping gains in bitcoin. (pasja1000/Pixabay)

Markets

First Mover Americas: Countdown's On for Ethereum Merge, but Price Is Slipping Versus Bitcoin

The latest price moves in crypto markets in context for Sept. 12, 2022.

ETH's rally once again foreshadowed a market-wide dip on Monday (Kelly Sikkema/Unsplash)

Markets

Ether Lags Bitcoin as Ethereum Merge Nears; Here's Why

With the ETH/BTC ratio trading at previous highs, some have started to unwind their long ETH/short BTC trade, one researcher said.

Bitcoin and ether's gains this year are now roughly neck and neck. (Ralfs Blumbergs/Unsplash)

Markets

First Mover Americas: Bitcoin Jumps Most in Six Months, as 'Powell Pivot' Speculation Returns

The latest price moves in crypto markets in context for Sept. 9, 2022.

The leading cryptocurrency by market value jumped 8.6% to $20,997. (Marc Najera/Unsplash)

Markets

Bitcoin Jumps Most in 6 Months as Hopes for 2023 Rate Cut Persist

ING expects a rate cut in June 2023 followed by further easing in the second half of the year.

Bitcoin se dispara 7% a medida que las expectativas de inflación disminuyen. (CoinDesk, Highcharts.com)