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

Traders Make Money Selling 'Strangles' as Bitcoin Goes Quiet

A strangle is essentially a bet that bitcoin’s price won’t break out anytime soon.

Bitcoin options traders are betting the market waters will stay calm.

Markets

Reflation-Trade Rethink Keeps Bitcoin Under Pressure

Reflation bets are those that benefit from a pickup in economic growth and inflation.

shutterstock_1042103449

Markets

Bitcoin Price Consolidation May Be Nearing the End, Indicator Suggests

The cryptocurrency saw big moves in December and April after the Bollinger bandwidth fell to 0.15.

BTCUSD daily bollinger

Markets

Leveraged Funds on CME Trim Bets Against Bitcoin

"This probably has more to do with leveraged funds hedging their long positions in GBTC shares using the CME futures,” one trader said.

Screen-Shot-2021-07-06-at-5.34.22-PM

Markets

Axie Profiting From Booming NFT Economy as Bitcoin Struggles

The boom in the play-to-earn economy comes amid falling yields in the bitcoin and DeFi markets.

The popularity of Axie Infinity's marketplace is helping the price of the project's governance token, AXS.

Markets

Bitcoin Trims Gains as PBOC Steps Up Crypto Crackdown

Bitcoin fell from $35,100 to nearly $34,000 after the news started doing the rounds on Twitter.

People’s Bank of China

Markets

Digital-Asset Investment Funds See Net Inflows of $63M

Bitcoin-focused funds attracted $39 million, according to CoinShares.

Crypto-asset fund flows weekly

Markets

Bitcoin's Weekend Price Bounce Fades Even as Exchange Balances Drop

The number of coins held on exchanges has fallen by more 25,000 in two weeks.

glassnode-studio_bitcoin-balance-on-exchanges-all-exchanges-4

Markets

Bitcoin Supply Held by 'Whale Entities' Hits Two-Month High in Bullish Sign

Blockchain data shows wealthy investors are coming back to the bitcoin market.

A whale tailfin sinks below the ocean surface. (Paola Ocaranza/Unsplash)

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