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ChartDay_Sponsor
Bitcoin Nears $100K as BTC Battles Pullback with Bullish Sentiment
Bitcoin has reached yet another new record above $98,000 in New York Thursday morning. BTC futures on Deribit maturing next year are already trading above the $100,000, when will bitcoin eventually cross that threshold? CoinDesk's Christine Lee presents the "Chart of the Day."
Solana's SOL Skyrockets Past $240 for First Time in Three Years
Solana's SOL token saw significant gains, shooting past $240 for the first time in three years. The solana-bitcoin ratio is signaling a bullish breakout, hinting at further SOL outperformance ahead. CoinDesk's Christine Lee explores SOL and BTC optimism on the "Chart of the Day."
Bitcoin ETFs Record Third Highest Day of Outflows
U.S.-listed bitcoin ETFs saw their third-largest outflow since launch, with $400.7 million drained on Thursday, according to data from Farside Investors. CoinDesk's Christine Lee discusses what this could mean for bitcoin's price on the "Chart of the Day."
Web3 Games Funding Stabilizing at $1B in 2024
Web3 gaming is not seeing the $4 billion fundraising highs of 2022 to 2023, but data from Game 7 DAO shows that the sector has stabilized around $1 billion as it matures. Telegram is a new standout platform for game building. Plus, many are leaving Polygon for Immutable and Arbitrum. Check out 2024 Web3 game trends with CoinDesk Anchor Christine Lee on "Chart of the Day."
Bitcoin Tops $93K Lifetime High As U.S. Demand Surges
Bitcoin price continues its record setting pace this week, blasting through the $90,000 resistance level and winning a new record over $93,000 in the U.S. morning Wednesday. CoinDesk Senior Anchor Christine Lee explains what is behind this latest surge on "Chart of the Day."
DOGE Ascends Over 100% in Past Week, Traders Set $1 Price Target
Dogecoin continued its strong rally for the fourth-straight day with a price jump over 100% in the past week, triggering a $1 price target. DOGE-tracked futures saw over $68 million in cumulative losses. Those liquidations were the largest for the dog-themed token so far this year, with open interest nearing a lifetime record from April. CoinDesk's Christine Lee presents the "Chart of the Day."
Record $1.38B U.S. Bitcoin ETF Inflows on Trump Win, Fed Rate Cut
U.S. spot bitcoin ETFs saw record net inflows of more than $1.38 billion on Thursday as Bitcoin achieved a new all-time high. This comes as Republican Donald Trump won the U.S. presidency and the Federal Reverse announced another rate cut of 25 basis points. CoinDesk's Christine Lee presents the "Chart of the Day."
Bitcoin Hits New $76K Record High, ETFs Post $620M Inflows
Bitcoin rallied to a new all-time high above $76,000 amid massive spot BTC ETF inflows trading at record level volumes. Short-duration risk reversals are exhibiting a relatively stronger call bias, a sign of bullish euphoria. CoinDesk's Christine Lee presents the "Chart of the Day."
Why Bitcoin Will Be the Winner Regardless of U.S. Election Results
Bitcoin has seen three U.S. elections so far and it has rallied subsequently in all three previous times. According to CoinDesk reporter James Van Straten, bitcoin could experience a significant rally once the volatility induced by the current election settles down, if history repeats itself. CoinDesk's Christine Lee presents the "Chart of the Day."
Spot Bitcoin ETFs Record $870M Inflows as BTC Tests All-Time High
Spot bitcoin ETFs saw $870 million worth of inflows as BTC approaches a record high. Plus, insights on sentiment around the largest token by market cap as daily OTC desks drop to year lows. CoinDesk's Christine Lee presents the "Chart of the Day."