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’s Technical Bias Flips Bullish as Price Climbs Above Descending Trendline

The breakout is backed by a pickup in volumes and accumulation by so-called whales.

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Markets

Bitcoin Futures Premium on CME Surges, Hinting At Institutional Demand

A futures-based ETF, if approved, could bring more buying pressure for the CME futures.

CME Group headquarters in Chicago, Illinois, U.S., on Friday Feb. 5, 2021. CME Group Inc. is scheduled to release earnings figures on February 10. Photographer: Christopher Dilts/Bloomberg via Getty Images

Markets

4 Factors Helping Bitcoin to Decouple From Falling Stock Market

Start-of-the-month price rallies are driven primarily by untrackable fund flows, one fund manager said.

Bitcoin decouples from the falling S&P 500 index (TradingView)

Markets

Bitcoin Steady at $48K as OMG Token Hits 3-Year High

OMG’s exchange balance is at its lowest level since September 2018

Lately, bitcoin has gravitated toward $48,000. (Unsplash, modified by CoinDesk)

Finance

CoinDCX Appoints Bollywood Superstar Amitabh Bachchan as Brand Ambassador

CoinDCX is confident the superstar’s mass appeal will bring more visibility for the crypto industry.

Amitabh Bachchan (center) stands with CoinDCX's founders (CoinDCX)

Markets

Polygon Flips Ethereum on Active User Addresses

Increased network usage often translates into higher demand for the native token.

Active user participation in Polygon explodes to a new record high (polygonscan.com)

Markets

Bitcoin Climbs Above $47K as Stocks Fall and Investors Eye Inflation

Reduced probability of a regulatory clampdown on crypto markets seems to be cushioning bitcoin from the instability of traditional markets.

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Finance

Play-to-Earn Giant Axie Infinity’s Revenue Tanked 40% in September

The company’s monthly revenue was second only to Ethereum’s $830 million among blockchain-based apps, Token Terminal data show.

Axie Infinity land

Markets

Move Over, Carry Trade, These Retail-Friendly DeFi Options Strategies Yield 12%-30%

New DeFi structured products allow retail traders to participate and earn yield in the notoriously complex cryptocurrency options market.

There seems to be no end to what blockchain industry developers are building. The latest innovation is in the cryptocurrency options market. (Creative Commons, modified by CoinDesk)

Markets

Bitcoin Jumps as SEC’s Gensler Reiterates Support for Futures ETF, Dollar Rally May Cap Gains

Bitcoin’s negative correlation with the U.S. dollar is now the strongest since early March.

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