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

Voyager Digital's Token Surges Over 250% on 'Short Squeeze'

A short squeeze refers to a sharp rally fueled by the unwinding of bearish positions or several sellers rushing to take profits.

Short squeeze drove Voyager above $1 on Wednesday. (Highcharts.com, CoinDesk)

Markets

US CPI Preview: Inflation Likely to Climb to New 40-Year High

A hotter-than-expected core CPI figure could bring renewed selling pressure to the bitcoin market.

Inflation in the U.S. probably rose to another four-decade high in June. (Mediamodifier/Pixabay)

Markets

Long-Term Bitcoin Investors Stick It Out as Speculator Selling Drives Prices Lower: Coinbase

"Holders are less likely to sell BTC during turbulent periods," the crypto exchange said.

Holders de bitcoin retienen sus tenencias en tiempos turbulentos. (Source: Pexels at Pixabay)

Markets

Bitcoin 'Bear Flag,' Crypto Options Market Hint at Downside Risk

The hedging behavior of bitcoin market makers could exacerbate a price drop if there's a breakdown in the bearish chart pattern.

Emergence of a bear flag on bitcoin's daily chart suggests downside risk. (TradingView)

Markets

Bitcoin's Inverse Correlation With Inflation-Adjusted Bond Yield Hits Record High

The real yield has surged by over 170 basis points this year, putting pressure on risk assets, including bitcoin.

Bitcoin is increasingly moving in the opposite direction to the inflation-adjusted bond yield. (Pixabay)

Markets

Bitcoin in 'Accumulation' Phase, On-chain Indicators Suggest

Bitcoin's Puell Multiple and MVRV Z-Score indicate the cryptocurrency is undervalued. Similar readings have marked bear market bottoms in the past.

Indicadores clave sugieren que es momento de acumular bitcoin. (RichardMc/Pixabay, PhotoMosh)

Policy

India's Law Enforcement Agency Probes Crypto Exchanges for Forex Violations

The investigation comes amid a slide in the rupee to a record low versus the greenback.

India's law enforcement agency seeks detailed information on alleged forex violations by crypto exchanges. (Pixabay, PhotoMosh)

Markets

Bitcoin 'Bear Cross' Raises Outlook for Bull Revival

A bearish but historically contrary indicator suggests an end to the market decline and a bullish revival ahead.

Un indicador bajista puede ser señal de resurgimiento alcista. (ColiN00B/Pixabay, PhotoMosh)

Markets

Euro’s Fall Toward $1 Parity: What It Means for Crypto

The 1-to-1 exchange rate may add bearish pressures around bitcoin and inject volatility into euro-pegged stablecoins.

(Shutterstock)

Finance

First Mover Americas: Institutions Look to Be Selling BTC in Falling Market

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

(PonyWang/Getty images)