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According to data tracked by Immunefi, the crypto industry saw a total loss of $348M over the first quarter of 2024. Orbit Bridge and Munchables are the two projects that suffered the most from the exploits, totaling $144 million in funds lost. CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

Apr 4, 2024

Phillip Swagel, director of the Congressional Budget Office, warns that the U.S. faces a similar risk faced by the U.K. in 2022 if the government continues to ignore mounting debt concerns. According to the CBO, U.S. federal debt totaled $26.2 trillion at the end of 2023, about 97% of gross domestic product. CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

Mar 26, 2024

Recent price developments in Dogecoin are strikingly similar to those seen in late 2020, when the meme token bounced from a bear market to rally over 1000% in early 2021. Will history repeat itself with the meme coin? CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

Mar 25, 2024

Layer 1 blockchain Fantom’s native token FTM has gained over 190% in four weeks, becoming the best-performing non-meme cryptocurrency among the top 100 digital assets by market value. Is Fantom’s impending Sonic upgrade the catalyst for the spike in FTM? CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

Mar 22, 2024

Dogecoin (DOGE) jumped as high as 18% after a March 7 filing from the prominent crypto exchange Coinbase went viral on X, showing it plans to offer DOGE, litecoin (LTC) and bitcoin cash (BCH) futures as early as April 1. CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

Mar 21, 2024

Solana has replaced Ethereum as the No. 1 smart-contract blockchain as trading volume in Solana-based decentralized exchanges (DEX) has increased 67% to $21.3 billion in seven days, according to data tracked by DeFiLlama. Could the increase in volume be catalyzed by the hype around Solana-based meme coins? CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

Mar 20, 2024

Data from Kaiko shows that the bitcoin to gold ratio, which measures the relative performance of the two assets, is getting close to its all-time high from November 2021, an indication that the largest cryptocurrency by market cap is outperforming gold. Does this mean that bitcoin will replace gold as the ultimate store of value? CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

Mar 19, 2024

Moons (MOON), the native cryptocurrency of Reddit’s r/CryptoCurrency community, hits a record high ahead of Celer’s multidirectional bridge launch. MOON rallied to 84 cents over the weekend, surpassing the previous peak of 65 cents registered in July 2023. CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

Mar 18, 2024

Excitement has been high across the crypto industry since the SEC approved 11 spot bitcoin ETFs in the U.S., but a report from Coinbase believes institutional investors have "over-indexed the short-term impacts of these products." Data shows that U.S.-based ETFs make up only 10 to 15% of the total BTC spot trading volume across centralized exchanges around the world. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Feb 21, 2024

BTT, the eponymous token of BitTorrent, the peer-to-peer filesharing platform owned by Tron, surged over 12% as the Tron network works through another burn of its TRX token. In the past month, over 170 million TRX tokens have been removed from circulation, according to data from block explorer Tronscan. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Feb 15, 2024