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

Bitcoin Under Pressure, Two-Year Treasury Yield Rises to 21-Month High as US Inflation Report Looms

The previous CPI report released last month saw volatile bitcoin trade in the $63,000-$69,000 range.

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Markets

Tether, SHIB Compete With Bitcoin in Inflation-Ridden Turkey as Lira Tumbles

Bitcoin’s perceived role as an inflation hedge is competing with altcoin speculation and U.S. dollar exposure through tether.

(Engin Yapici/Unsplash)

Markets

Bitcoin Technical Indicator Suggests Low Probability of ‘Santa Rally’

A widely tracked technical indicator has flipped bearish, denting hopes of an end-of-year rally.

Bitcoin's weekly and daily charts (Source: TradingView)

Markets

Blame the Bitcoin Bond? El Salvador’s Dollar-Denominated Debt Slides

El Salvador’s bitcoin bond is a contributing factor to a slide in its dollar-denominated debt, but not the sole reason.

Salvador's dollar-denominated debt is trading in distressed territory. (Source: Borse Frankfurt)

Markets

3 Reasons the Ether-Bitcoin Ratio Rose to 3 1/2-Year High as Crypto Crashed

Bitcoin’s evolution as a macroeconomic asset makes it more vulnerable to Fed jitters.

ether-bitcoin ratio hits highest since May 2018

Markets

Bitcoin Drops $9K in an Hour on Spot Market Selling; El Salvador Again Buys the Dip

The leading cryptocurrency is currently trading around $47,960.

Bitcoin price on Dec. 4, 2021. (CoinDesk)

Markets

Bitcoin Confined to Familiar Range as Stocks Rise Ahead of Payrolls Data

Payrolls data is forecast to show the U.S. economy added 550,000 jobs in November after 531,000 additions in October.

Bitcoin continues to trade in a narrow range below $60,000 on Dec. 3 (TradingView)

Markets

Bitcoin’s Bullish Trajectory Intact, but December Jump to $100K Looks Unlikely: Analysts

With the end of the year approaching, most investors will probably liquidate positions to present decent annual performances, one observer said.

(Cheyenne Ligon/CoinDesk)

Markets

Large Traders Dominate DEXs as High Ethereum Fees Keep Retail Investors at Bay

The average trade size on Curve Finance ranges from $500,000 to $1 million, according to Kaiko.

DEXs process greater number of large-sized deals than CEXs do. (Kaiko)

Markets

Stacks Network’s STX Token Jumps 50% as Bitcoin Struggles Amid Seesawing Fed Rate-Hike Bets

Some believe Jack Dorsey’s exit at Twitter may be a reason for STX’s surge.

STX tops $3 even as bitcoin stagnates