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 Below $60K in a ‘Funding Reset’ Move, Tests Key Support: Experts

Market appeared quite complacent and due for a pullback, observers said.

Bitcoin's daily chart showing a drop to the 50-day moving average on Nov. 16 (TradingView)

Markets

Bitcoin, Ether Lose Ground as Twitter CFO Rules Out Crypto Investment, Dollar Index Hits 16-Month High

Ned Segal’s comments likely provided a reason for traders to take some risk off the table in the wake of the rising dollar and U.S. tax reporting requirement.

Chart showing a drop in bitcoin's price Nov. 16  (CoinDesk, highcharts.com)

Markets

Bitcoin’s Bull Flag Breakout Suggests More Upside; Support at $57K

The cryptocurrency could break the six-figure mark in Q4, one firm said.

Bitcoin's bull flag breakout (MintingM, TradingView)

Markets

Bitcoin Still a Risk Asset Despite Last Week’s Inflation-Led Rally, TradFi Experts Say

An elevated inflationary environment is completely new territory for bitcoin and its reaction function, one analyst said.

Bitcoin has been leading tops and bottoms in AUD/JPY, an FX market's risk barometer, by about four weeks. (TradingView)

Markets

Indian Government to Take ‘Progressive’ Steps on Crypto, Sources Say After PM Modi’s Meeting

The Parliamentary Standing Committee on Finance will meet industry representatives next week to seek their views.

PM Modi chairs high-level meeting on future of cryptocurrencies

Markets

Indian National Congress Accuses Modi-Led BJP of Covering Up Country’s Biggest Bitcoin Scam

Leaders accuse the prime minister of trying to drop the investigation.

A supporter wearing a ribbon featuring former Indian National Congress (INC) President Sonia Gandhi. (Prashanth Vishwanathan/Bloomberg via Getty Images)

Markets

OMG Tanks Over 25% as Exchanges See Record Inflows After BOBA Airdrop Snapshot

Centralized exchanges registered a net inflow of 5.7 million OMG tokens on Friday.

OMG's daily chart showing price crash (TradingView)

Markets

Ether’s Key Metrics Paint Bearish Picture: Santiment

The crypto’s active addresses and trading volumes have diverged from its rising price

Chart showing bearish divergence between Ether's active addresses and prices till Nov 12 (Santiment)

Markets

Bitcoin Jumps to New All-Time High as Inflation Spikes to 6.2% in October

Bond traders are increasing their bets on faster inflation after the U.S. consumer price index jumped 6.2% in the 12 months through October, the highest rate in three decades. Still “transitory?”

Bitcoin's hourly price chart showing a rally to new record high after CPI release. (TradingView/CoinDesk)

Markets

Large Bitcoin Investors Take a Breather After Frantic October, US Inflation Data Eyed

Bitcoin may struggle if inflation data revives rate hike fears, leading to risk-off in traditional markets

Combined balance of 100 BTC-10,000 BTC addresses in 12 months until Nov 10 (Santiment)