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 Could Rally to $125K by End-2024: Matrixport

The forecast is consistent with bitcoin's tendency to chalk out sharp gains in the months after the mining reward halves. The fourth halving is due early next year.

Bull, bullish

Markets

Bitcoin No Longer Correlated to U.S. Stocks, Crypto Analytics Firm Block Scholes Says

The 90-day rolling correlation between bitcoin and Nasdaq, S&P 500 is now at the lowest level observed since July 2021, according to data tracked by crypto derivatives analytics firm Block Scholes.

Newspaper, compass (AbsolutVision/Pixabay)

Markets

Bitcoin May Be Forming a 'Bull Flag' on Price Chart: Technical Analysis

A bullish flag looks to be forming and would be completed on a breakout above $31,900, analysts at Fairlead Strategies said.

Bitcoin may be forming a "bull flag" (CoinDesk/Highcharts.com)

Markets

Crypto Traders Cautious on Bitcoin as Fiat Liquidity Measures Point Lower

It would be unusual for bitcoin to stay bullish when fiat liquidity measures are pointing lower, one portfolio manager said.

Water, tap (Arcaion/Pixabay)

Markets

Bitcoin Unlikely to Be Destabilized by Real Yields, Crypto Observers Say

The rise in real yields is more of a headache to blue chip stocks than to markets like technology or crypto and will not disrupt the medium-term growth story, one observer said.

Opyn's Crab strategy offers a new way to generate yield in a comatose market. (James Coleman/Unsplash)

Markets

A $10M Options Bet on Ether Shows Positioning for a Bullish Second Half

A large ether bull call spread crossed the tape Friday, according to Amberdata. The trade involved December call options with strike prices at $1,900 and $2,500.

(472301/Pixabay)

Markets

Bitcoin Steady Near $31K After Options Expiry; Dollar Index Rises Before Key U.S. Inflation Data

With the expiry done, the supposed price magnet at $26,500 from the max pain point is gone and prices could resume the upward journey, a common pattern during the bull market days of 2021.

Bitcoin price. (CoinDesk/Highcharts.com)

Markets

Bitcoin Cash Tops $300 as South Korean Trading Volumes Surge

The bitcoin cash-Korean won (BCH/KRW) pair listed on Upbit has registered a trading volume of $557.63 million in the past 24 hours. That's nearly 3.5 times

Bitcoin cash price (CoinDesk/Highcharts.com)

Markets

First Mover Americas: First Leveraged Bitcoin ETF in U.S. Trades $5.5M on Day One

The latest price moves in crypto markets in context for June 28, 2023.

(Wance Paleri/Unsplash)

Markets

As compras de Bitcoin da MicroStrategy tendem a ser negativas no curto prazo para os preços, mostram pesquisas

Dados anteriores mostram que o Bitcoin tende a cair 2% no dia em que o MSTR anuncia novas compras.

BTC/USD chart (TradingView)

Pageof 635