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Swissblock Technologies predicts the impending dollar bounce will likely pave the way for a deeper decline that would bode well for cryptocurrencies. "This month-long structure will eventually break, and both assets will experience price discovery – bitcoin to the upside, and DXY to the downside," Swissblock Insights said. CoinDesk's Jennifer Sanasie presents "The Chart of The Day."

May 15, 2023

Bitcoin's 30-day options skew, showing differences between what traders pay for bullish call options and bearish put options, declined to -2.37 earlier this morning, the lowest in two months, indicating a bias for put options. CoinDesk Senior Research Analyst George Kaloudis presents "The Chart of The Day."

May 12, 2023

The number of bitcoin (BTC) held in miners' wallets declined by about 800 BTC last week, a sign that those responsible for minting coins are beginning to run down their coin stash again. The miner selling, however, accounts for less than 1% of bitcoin's average daily trading volume of over $20 billion, suggesting a negligible bearish impact on the cryptocurrency's price. "All About Bitcoin" host George Kaloudis breaks down "The Chart of the Day."

Apr 19, 2023

Digital asset investment products saw net inflows totaling $114 million last week, according to data from CoinShares, with bitcoin-related products receiving the overwhelming majority of that new money at $104 million. CoinDesk Senior Research Analyst George Kaloudis presents "The Chart of The Day."

Apr 17, 2023

Crypto derivatives trading volumes across centralized and decentralized exchanges rose for a third consecutive month in March, the first three-month streak since at least January 2022, according to figures from CCData. George Kaloudis presents "The Chart of the Day."

Apr 14, 2023

CoinDesk Indices is launching its Bitcoin Trend Indicator (BTI). The BTI is a daily signal that communicates the direction and strength of bitcoin's price trends through a purpose-built algorithm. CoinDesk Senior Research Analyst George Kaloudis presents "The Chart of The Day."

Apr 13, 2023

Almost 75% of bitcoin (BTC) is in profit, according to data from Glassnode. With tax deadlines coming this week, some investors could sell to lock in losses. CoinDesk Senior Research Analyst George Kaloudis presents "The Chart of The Day."

Apr 11, 2023

Bitcoin continues to move in lockstep with the Nasdaq to S&P 500 ratio. The positive correlation suggests that cryptocurrency is still a risky asset. Christine Lee presents "The Chart of the Day."

Apr 6, 2023

A chart from Kaiko shows that bitcoin market depth, the number of orders waiting to be filled on an order book, reached 10-month lows this week. Kaiko research analyst Conor Ryder explains why it's taking less and less "size" to move the price of BTC, potentially causing volatility as more traders are able to influence prices. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

Mar 27, 2023

The Fed's Balance Sheet increased for the second week running, increasing almost $400 billion from the bottom two weeks ago. CoinDesk Senior Research Analyst George Kaloudis discusses the weekly release of the Fed's balance sheet and what it could mean for bitcoin in "The Chart of The Day."

Mar 24, 2023