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

OKX Suspends DEX Aggregator as It 'Works Diligently' to Upgrade Security

The platform reportedly caught regulators' attention after reports that it was used to launder some of the proceeds of the recent Bybit hack.

OKX suspends DEX aggregator. (Gerd Altmann/Pixabay)

Markets

Crypto Whale Shorts $445M in Bitcoin While Taking Bullish Bet on MELANIA Token, Hyperliquid Data Show

A group of traders looked to liquidate the giant short position in BTC but the operation failed, per observers.

Crypto whales shorts BTC on Hyperliquid. (foco44/Pixabay)

Markets

Solana Proposal, Which Could Cut SOL Inflation by 80%, Gains Limited Validator Support

If approved, the proposal could lead to a sharp reduction in the SOL inflation rate, potentially boosting the token's value.

Solana validators voting in SIMD-0228 proposal. (Solana)

Markets

XRP Short Bias Lingers Amid Ripple Legal Hopes, DOGE Nears Death Cross as BTC Dominance Hits 4-Year High

XRP, Dogecoin, Bitcoin News: XRP Short Bias Lingers Amid Ripple Legal Hopes, DOGE Nears Death Cross as BTC Dominance Hits 4-Year high

BTC's dominance rate. (TradingView/CoinDesk)

Markets

U.S. Treasury Market Most Volatile in 4 Months May Slow Any Bitcoin Price Recovery After CPI

Increased volatility in the Treasury market often leads to reduced risk taking in financial markets.

BTCUSD vs MOVE. (TradingView/CoinDesk)

Markets

Bitcoin Forms Bullish RSI Divergence Just in Time for U.S. CPI

The bullish divergence means the stage is set for a positive response to a potential soft U.s.

BTC's bullish RSI divergence. (cjweaver13/Pixabay)

Markets

Bitcoin CME Futures Spread Slides to $490, Undoing the 'Trump Bump' in BTC

The market has likely moved past the narrative that a pro-crypto President is beneficial for the industry, with macro correlations now driving the market.

Slide. (GuentherDillingen/Pixabay)

Markets

Bitcoin's $100K Call Takes the Crown From $120K Bet as Most Popular Options Play on Deribit

Traders opt for a more conservative bet, reassessing their expectations in the wake of the recent price sell-off.

Open interest distribution in BTC options listed on Deribit. (Deribit/Amberdata)