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

ETH-BTC Chart Points to Ether Leadership Ahead

Ether can take lead against bitcoin towards the year-end, one analyst said.

ETH-BTC's weekly price chart Nov 9 (TradingView)

Markets

Open Positions in Ether ‘Calls’ Hits 1 Million Mark as Traders Pile Onto Higher Strike Options

Open interest in ETH call options, or bullish bets, is twice more than that in puts.

ETH open interest in calls and puts (Laevitas)

Markets

Shiba Inu Sees Record Speculative Frenzy, Snaps 5-Week Winning Trend

Previous episode of speculative frenzy in SHIB paved the way for a 90% price crash.

The number of SHIB addresses acquiring coins near record high indicates high degree of FOMO. (IntoTheBlock)

Markets

Bitcoin Tops $66K, Resuming Uptrend as Real Bond Yields Slide

The cryptocurrency may face some selling pressure around $70,000, one trader said.

El bitcoin supera los $66.000 y busca un récord (Coinbase)

Markets

Ether Hits Fresh Record High, Sandbox’s SAND Leads Rally in Metaverse Coins

Since mid-October, Deribit has seen higher interest in year-end and March upside ETH exposure.

Ether hits record highs on Nov. 2, 2021 (CoinDesk)

Markets

Loopring Surges 40%, Solana Replaces Cardano as 5th-Largest Coin as Ethereum Fees Spike

The average transaction fee on Ethereum has risen a staggering 2,300% since late June.

Ethereum's mean transaction fees in U.S. dollars. (Glassnode)

Policy

Group of Exchanges Call on Indian Government to Regulate Crypto in Front-Page Ad

“This is India’s crypto moment,” the ad declared.

(Naveed Ahmed/Unsplash)

Markets

Bitcoin Whale Holdings Reach 2021 High Amid Inflation Fears

The renewed buying amid rising inflation expectations across the globe suggests investment is the primary use case for bitcoin.

Bitcoin whale holdings (Chainalysis)

Markets

This Diwali Season, Indians FOMO Over Shiba Inu

“The motivation to buy SHIB is to earn good profit in a short time,” one investor told CoinDesk.

Diwali Celebrations by bursting fire crackers at Marine Lines in Mumbai, Maharashtra, India. Diwali, the festival of lights is celebrated by Indians in full gaiety.

Markets

Bitcoin Eyes Fed Meeting After Biggest Monthly Price Gain Since December 2020

Goldman Sachs has moved forward its projection for the first Fed interest rate hike to July 2022.

Bitcoin's monthly chart (TradingView)