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 Enters Wait-and-See Phase Ahead of Fed Statement

Wednesday's Fed policy statement is likely to see a binary market reaction.

BTCUSD hourly chart

Markets

Hunt for Yield: Wrapped BTC Now Holds More Than 1% of Bitcoin's Circulating Supply

The trend shows how some savvy crypto traders have pivoted to salvage or maintain returns even as bitcoin's price tumbled.

Bitcoin traders are tokenizing the cryptocurrency to run on the Ethereum blockchain for extra yield.

Markets

3 Things to Watch for Before Calling a Bitcoin Bottom

The Fed's dot plot may show rate hikes before end-2023 versus the March projections that signaled none until 2024, one analyst said.

BTC dominance rate below 50% threshold.

Markets

Bitcoin and Ether Price Indicators Support Near-Term 'Relief Rally'

Bitcoin's weekly stochastic oscillator has turned up from oversold or below -20 levels, a positive sign for the cryptocurrency.

Bitcoin traders may have hopes for a "relief rally."

Markets

Bitcoin 'Options Smile' Shows Market Fearful of Downside Despite Tesla News

Bitcoin option's smile shows persistent fears of deeper drop and low expectations for a quick rally.

Bitcoin's "options smile" looks more like a smirk.

Markets

Bitcoin Tops $40K as Musk Says Tesla May Accept Crypto in Future

"Musk's latest tweet will put the juice to the upside," a market observer said.

BTCUSD daily chart June 14

Markets

Bitcoin at $200K by Year's End? Some Crypto Options Traders Make That Bet

The long-term bullish bet is akin to buying a lottery ticket.

Bitcoin options traders have recently bet on the cryptocurrency ending 2021 at well below the current price.

Markets

Bitcoin's Steep Price Discount Seems Similar to March 2020 Bottom

Sentiment may have turned a little too bearish, a feature that is often observed at market bottoms.

Bloomberg analyst

Markets

Binance's WazirX Issued With Show Cause Notice by India’s Enforcement Directorate

WazirX denied receiving any show cause notice from the agency.

Indian_Flag

Markets

Bitcoin Futures 'Backwardation' Points to Weak Institutional Demand: JPMorgan

It's another sign of bitcoin's bearish trend.

"Backwardation" in the bitcoin futures market could be a sign of weak institutional demand, JPMorgan says.