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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DeFi Protocol Voltz Could Bring 150% Interest Rate on Ether Deposits

As the Ethereum blockchain's Merge approaches, traders and venues are seeing the event as an opportunity to pocket fat yields – possibly signaling a renewed appetite for risk in crypto just months after its big market crash.

With memories still fresh from this year's crypto market crash, the Voltz protocol is already looking for ways to let traders use leverage to take more risk. (Pixabay, modified by CoinDesk)

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First Mover Americas: Bitcoin's Rally Loses Steam After US Jobs Report

The latest price moves in crypto markets in context for Aug. 5, 2022.

Bitcoin witnessed some downside after a strong U.S. jobs report for July. (redcharlie/Unsplash)

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Meta's NFT Outreach Powers 38% Rally in FLOW Token

The dollar value of open positions in Binance-listed FLOW futures has increased by 345%, validating the price rally.

Meta will leverage the Flow blockchain as part of its NFT initative. (Tumisu/Pixabay, modified by CoinDesk)

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First Mover Americas: Bitcoin Unaffected by Bank of England's Super-Size Interest-Rate Hike

The latest price moves in crypto markets in context for Aug. 4, 2022.

The Bank of England raised key interest rates by half a percentage point, and yet BTC appears to be unaffected. (KS KYUNG/Unsplash)

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CME to Roll Out Euro-Denominated Bitcoin and Ether Futures on Aug. 29

The launch of the contracts could accelerate the ongoing institutionalization of the crypto market.

The Chicago Mercantile Exchange will soon offer euro-denominated bitcoin and ether futures contracts. (Source: 12019/Pixabay)

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Rare Signal Hinting at Bitcoin Price Bottom Emerges

Bitcoin's difficulty ribbon is compressing, hinting at miner capitulation and a market bottom.

Bitcoin's difficulty ribbon is compressing, indicating a bear market bottom. (ElyPenner/Pixabay)

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First Mover Americas: Crypto Market Trades in the Green Despite Hacks

The latest price moves in crypto markets in context for Aug. 3, 2022.

Even with multiple hacks this week, the crypto market traded mostly in the green on Wednesday morning. (Nicholas Stanley/Unsplash)

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Solana's SOL Token Holds Price Support Despite Hack

Early Wednesday, an unknown attacker drained at least $5 million of SOL and other tokens from Solana digital wallets.

SOL drops as a hacker drains millions of dollars worth of cryptocurrencies from Solana digital wallets. (Pexels/Pixabay)

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Ether's Failure to Break Through 100-Day Price Average Clouds Bullish Outlook

The cryptocurrency's trajectory is suddenly in doubt after it failed to push past a key technical threshold on price charts.

Clouds have suddenly appeared on ether's price chart, darkening the outlook. (Gustave Courbet/Metropolitan Museum of Art, modified by CoinDesk)

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First Mover Americas: BTC, ETH Drop Amid Geopolitical Tensions

The latest price moves in crypto markets in context for Aug. 2, 2022.

With heightened tensions between Beijing and Washington, BTC, ETH and the rest of global markets fell. (James Allen/Unsplash)