Omkar Godbole

Co-Managing Editor, Markets Team

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.

Latest from Omkar Godbole

Policy

India Plans to Tax Income From Bitcoin Investments: Report

The country's income tax authority is tracking investors making money amid the ongoing bitcoin price rally and is all set to demand taxes, two sources familiar with the matter told The Economic Times.

Dec 5, 2020

The Taj Mahal in Agra, India (Sylwia Bartyzel/Unsplash)

Markets

First Mover: Bitcoin Below $19K and Customers Flee OKEx

OKEx appears to suffer customer outflows after lifting of five-week withdrawal suspension, highlighting the existential threat of operational risk.

Dec 4, 2020

Customers appear to be fleeing the crypto exchange OKEx after the lifting of a five-week withdrawal suspension.

Markets

Bitcoin Price Could Hit $50K in 2021, Bloomberg Analysts Say

"Bitcoin's macroeconomic, technical and demand vs. supply indicators supportive of $50,000 target resistance," according to Bloomberg.

Dec 4, 2020

Markets

OMG Rallies as Genesis Block Ventures Acquires OMG Network

OMG helps speed transactions and lower fees on the Ethereum network by handling transactions off-chain.

Dec 4, 2020

Markets

First Mover: Ether Eyed as Value Play With Bitcoin Pressing $20K

As prices consolidate below $20K, traders cue off macroeconomic factors - like Biden remark that $908B stimulus would be "down payment."

Dec 3, 2020

This one or that one? Investors weigh value proposition of Ethereum's ether as bitcoin pushes to new high.

Markets

Worsening US Dollar, Inflation Metrics Bode Well for Bitcoin's Continued Rally

A continued decline in the U.S. dollar and rising inflation expectations support bitcoin's long-term bullish case as a hedge asset.

Dec 3, 2020

Markets

First Mover: Short Shrift for XRP Token's 169% Price Surge as Traders Obsess Over Bitcoin

XRP soared 169% in November, topping performance of the CoinDesk 20 digital assets during a month when bitcoin dominated headlines.

Dec 2, 2020

XRP dominated the performance rankings of the CoinDesk 20 digital assets in November.

Markets

Bitcoin Sees Record Number of Active Users as Price Almost Hits $20K

As bitcoin set a new price high closer to $20,000 on Tuesday, the network also saw record-breaking user activity.

Dec 2, 2020

Markets

Missed the Bitcoin Rally? Here’s a Low-Risk Strategy to Ride the Bull Market

Investors looking to buy bitcoin now should consider implementing a dollar-cost averaging (DCA) strategy, according to leading traders in the cryptocurrency space.

Dec 1, 2020

When riding a bull market it helps to have safety padding.

Markets

First Mover: Bitcoin's Failure to Break $20K Shows Big Investors Only Just Arriving

Institutional adoption is the buzzword du jour, probably a factor in bitcoin's price rally close to $20,000, and not even really happening yet.

Dec 1, 2020

Cryptocurrency analysts were assessing the fallout as bitcoin retreated from a new all-time high price.

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