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 Mining Difficulty Records Largest Drop in History, Price Jumps

Miners who remain operational are likely to become even more profitable over the coming weeks.

bitcoin mining machines at a mining facility operated by Bitmain Technologies Ltd. in Ordos, Inner Mongolia

Markets

Investors Cashing Out of Grayscale Bitcoin Trust Might Bring Market Boost

Investors who locked in borrowed coins will need to repurchase those to repay the loan, cryptocurrency pundits say.

The upcoming unwinding of trades involving the Grayscale Bitcoin Trust could provide a ray of sunshine to a market that has darkened.

Markets

Bitcoin Remains Depressed as Dollar Rallies Ahead of US Nonfarm Payrolls

Bitcoin's fortunes appear closely tied to Federal Reserve's money printing.

BTC and DXY July 2

Markets

Bitcoin Active Addresses at Lowest Number Since April 2020

The decline shows decreasing active user participation on the blockchain network, possibly a sign of weak demand.

Active bitcoin addresses.

Markets

Bitcoin's Sliding Put-Call Ratio Points to Weakening Bearish Sentiment: Analysts

The last time the put-call ratio dropped to six-month lows was during the December-January bull run.

Chart shows bitcoin put/call ratio.

Markets

Bitcoin Options Open Interest Hits 2021 Low as Frenzy Cools, or Maybe It's Soccer

"Soccer tournaments are continuing worldwide and drawing more attention away from retail crypto trading," one trader said.

Soccer tournaments on TV might be one distraction from bitcoin options trading.

Markets

Bitcoin Set for Record Second-Quarter Price Drop

Bitcoin's second-quarter decline looks like a technical pullback, one observer said.

BTC performance

Markets

Bitcoin's 'Puell Multiple' Flashes Misleading Bullish Signal as China Bans Mining

The metric is tied to miners and may be distorted by China's mining ban.

Puell Multiple

Markets

How One Fund Used the Carry Trade to Beat Bitcoin

LedgerPrime's crypto quant fund is up 78% thanks to price discrepancies in the spot and derivatives markets.

Business from Pixabay

Markets

Key Indicator Shows Capital Beginning to Flow Back Into Bitcoin

The stablecoin supply ratio oscillator is recovering in a sign of renewed capital inflow into bitcoin.

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